Armenia vs Rwanda: Total market capitalization of listed domestic companies as a share of GDP
Armenia
18.7%
in 2024
Rwanda
19.6%
in 2025
Armenia rank
72nd
Rwanda rank
70th
Total market capitalization of listed domestic companies as a share of GDP over time
- Armenia
- Rwanda
How they compare
Rwanda currently reports 19.6% against 18.7% in Armenia, a difference of 0.9%.
The two have swapped places 1 time across 7 shared years of data; in 2018 it was Rwanda ahead.
Armenia ranks 72nd and Rwanda ranks 70th of 98 countries.
Rwanda has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.4% | 33.0% | 32.6% | Rwanda |
| 2020s | 4.3% | 25.6% | 21.3% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total market capitalization of listed domestic companies as a share of gdp, Armenia or Rwanda?
- Rwanda, at 19.6% against 18.7% in Armenia as of 2025.
- What is the difference in total market capitalization of listed domestic companies as a share of gdp between Armenia and Rwanda?
- 0.9%, with Rwanda ahead.
- How many years of comparable data are there for Armenia and Rwanda?
- 7 years are reported by both, from 2018 to 2024.
- How do Armenia and Rwanda rank globally for total market capitalization of listed domestic companies as a share of gdp?
- Armenia ranks 72nd and Rwanda ranks 70th of 98 countries.
- Where does this data come from?
- World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data, published as Total market capitalization of listed domestic companies as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
End-of-year total market capitalization of listed domestic companies, divided by gross domestic product, expressed as a percentage.