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

Belgium: Total market capitalization of listed domestic companies as a share of GDP was 59.2% in 2018. ◆ Volatile

Latest (2018)
59.2%
Change on year
down 32.3%
World rank
33rd
of 98 countries
All-time high
97.0%
in 2006
All-time low
7.9%
in 1980
Years of data
44
1975–2018

Total market capitalization of listed domestic companies as a share of GDP in Belgium, 1975–2018

0204060801001975199620181975: 13.7 % of GDP1976: 13.2 % of GDP1977: 12.4 % of GDP1978: 12.4 % of GDP1979: 11.8 % of GDP1980: 7.9 % of GDP1981: 8 % of GDP1982: 9.3 % of GDP1983: 12.4 % of GDP1984: 14.8 % of GDP1985: 24.2 % of GDP1986: 31.1 % of GDP1987: 27.9 % of GDP1988: 36.2 % of GDP1989: 45.6 % of GDP1990: 31.9 % of GDP1991: 33.8 % of GDP1992: 27.3 % of GDP1993: 34.7 % of GDP1994: 34.4 % of GDP1995: 35.2 % of GDP1996: 42.6 % of GDP1997: 54.2 % of GDP1998: 94.4 % of GDP1999: 71.3 % of GDP2000: 77.1 % of GDP2001: 70.1 % of GDP2002: 49.4 % of GDP2003: 54.6 % of GDP2004: 74 % of GDP2005: 74.8 % of GDP2006: 97 % of GDP2007: 81.9 % of GDP2008: 32.3 % of GDP2009: 53.6 % of GDP2010: 55.8 % of GDP2011: 43.5 % of GDP2012: 60.1 % of GDP2013: 71.4 % of GDP2014: 70.4 % of GDP2015: 89.9 % of GDP2016: 79.7 % of GDP2017: 87.4 % of GDP2018: 59.2 % of GDP

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

Analysis

Belgium recorded 59.2% for total market capitalization of listed domestic companies as a share of gdp in 2018.

The figure is down 32.3% on the previous year and up 83.1% over ten years.

Over the whole period, total market capitalization of listed domestic companies as a share of gdp in Belgium peaked at 97.0% in 2006 and was at its lowest, 7.9%, in 1980.

That places Belgium 33rd out of 98 countries with data for 2018, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Total market capitalization of listed domestic companies as a share of GDP in Belgium, 1975 to 2018.
Year % of GDP Change
1975 13.7%
1976 13.2% -3.5%
1977 12.4% -6.0%
1978 12.4% -0.6%
1979 11.8% -4.4%
1980 7.9% -33.0%
1981 8.0% +1.0%
1982 9.3% +16.4%
1983 12.4% +32.9%
1984 14.8% +19.8%
1985 24.2% +63.4%
1986 31.1% +28.6%
1987 27.9% -10.4%
1988 36.2% +29.9%
1989 45.6% +25.9%
1990 31.9% -30.1%
1991 33.8% +6.0%
1992 27.3% -19.2%
1993 34.7% +27.1%
1994 34.4% -1.0%
1995 35.2% +2.5%
1996 42.6% +20.8%
1997 54.2% +27.3%
1998 94.4% +74.2%
1999 71.3% -24.5%
2000 77.1% +8.1%
2001 70.1% -9.1%
2002 49.4% -29.5%
2003 54.6% +10.5%
2004 74.0% +35.6%
2005 74.8% +1.1%
2006 97.0% +29.7%
2007 81.9% -15.6%
2008 32.3% -60.5%
2009 53.6% +65.7%
2010 55.8% +4.2%
2011 43.5% -22.1%
2012 60.1% +38.2%
2013 71.4% +18.9%
2014 70.4% -1.5%
2015 89.9% +27.8%
2016 79.7% -11.3%
2017 87.4% +9.6%
2018 59.2% -32.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.7% 11.8% 13.7% 5
1980s 21.7% 7.9% 45.6% 10
1990s 46.0% 27.3% 94.4% 10
2000s 66.5% 32.3% 97.0% 10
2010s 68.6% 43.5% 89.9% 9

Countries ranked near Belgium

  1. 30 Israel 61.0% compare
  2. 31 Jordan 60.7% compare
  3. 32 Denmark 60.1% compare
  4. 34 Germany 57.4% compare
  5. 35 Mauritius 55.0% compare
  6. 36 Kazakhstan 51.7% compare

See the full ranking of 98 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is total market capitalization of listed domestic companies as a share of gdp in Belgium?
Total market capitalization of listed domestic companies as a share of gdp in Belgium was 59.2% in 2018, 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 Belgium?
The highest recorded value was 97.0% in 2006.
What is the lowest total market capitalization of listed domestic companies as a share of gdp recorded in Belgium?
The lowest recorded value was 7.9% in 1980.
How does Belgium rank for total market capitalization of listed domestic companies as a share of gdp?
Belgium ranks 33rd out of 98 countries with data for 2018.
Is total market capitalization of listed domestic companies as a share of gdp rising or falling in Belgium?
Over the last ten years it is up 83.1%. The long-run trend across the full record is volatile.
Where does this Belgium 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 Belgium. Statizoid, drawing on World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/total-market-capitalization-listed-domestic-companies-share-gdp/belgium/

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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.