Total market capitalization of listed domestic companies as a share of GDP in Armenia

Armenia: Total market capitalization of listed domestic companies as a share of GDP was 18.7% in 2024. ◆ Volatile

Latest (2024)
18.7%
Change on year
up 1,513.5%
World rank
72nd
of 98 countries
All-time high
18.7%
in 2024
All-time low
0.2%
in 2021
Years of data
7
2018–2024

Total market capitalization of listed domestic companies as a share of GDP in Armenia, 2018–2024

051015202018202120242018: 0.384 % of GDP2019: 0.404 % of GDP2020: 0.213 % of GDP2021: 0.213 % of GDP2022: 1.3 % of GDP2023: 1.2 % of GDP2024: 18.7 % of GDP

Source: World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Armenia recorded 18.7% for total market capitalization of listed domestic companies as a share of gdp in 2024. That is the highest value across all 7 years on record.

That represents a change of up 1,513.5% on the previous year and up 4,766.1% over ten years.

Armenia ranks 72nd of 98 countries on this measure, in the middle of the range.

Total market capitalization of listed domestic companies as a share of GDP in Armenia, year by year

Annual values for Total market capitalization of listed domestic companies as a share of GDP in Armenia, 2018 to 2024.
Year % of GDP Change
2018 0.4%
2019 0.4% +5.2%
2020 0.2% -47.2%
2021 0.2% -0.2%
2022 1.3% +508.8%
2023 1.2% -10.6%
2024 18.7% +1513.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.4% 0.4% 0.4% 2
2020s 4.3% 0.2% 18.7% 5

Countries ranked near Armenia

  1. 69 Tunisia 20.8% compare
  2. 70 Rwanda 19.6% compare
  3. 71 Malta 19.3% compare
  4. 73 Namibia 18.2% compare
  5. 74 Pakistan 17.3% compare
  6. 75 Egypt 17.2% compare

See the full ranking of 98 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is total market capitalization of listed domestic companies as a share of gdp in Armenia?
Total market capitalization of listed domestic companies as a share of gdp in Armenia was 18.7% in 2024, according to World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data.
What is the highest total market capitalization of listed domestic companies as a share of gdp recorded in Armenia?
The highest recorded value was 18.7% in 2024.
What is the lowest total market capitalization of listed domestic companies as a share of gdp recorded in Armenia?
The lowest recorded value was 0.2% in 2021.
How does Armenia rank for total market capitalization of listed domestic companies as a share of gdp?
Armenia ranks 72nd out of 98 countries with data for 2024.
Is total market capitalization of listed domestic companies as a share of gdp rising or falling in Armenia?
Over the last ten years it is up 4,766.1%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data, published as part of Total market capitalization of listed domestic companies as a share of GDP. Statizoid updates them automatically from the source API.

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Total market capitalization of listed domestic companies as a share of GDP in Armenia. Statizoid, drawing on World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/total-market-capitalization-listed-domestic-companies-share-gdp/armenia/

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About this data

Indicator
Total market capitalization of listed domestic companies as a share of GDP
Unit
% of GDP
Source
World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
98 places, 2,741 data points, 1975–2025
Last refreshed

End-of-year total market capitalization of listed domestic companies, divided by gross domestic product, expressed as a percentage.