Total market capitalization of listed domestic companies as a share of GDP in Japan
Japan: Total market capitalization of listed domestic companies as a share of GDP was 171.6% in 2025. ▲ Rising
Total market capitalization of listed domestic companies as a share of GDP in Japan, 1975–2025
Source: World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2025, total market capitalization of listed domestic companies as a share of gdp in Japan stood at 171.6%. That is the highest value across all 51 years on record.
That represents a change of up 13.9% on the previous year and up 59.0% over ten years.
Over the whole period, total market capitalization of listed domestic companies as a share of gdp in Japan peaked at 171.6% in 2025 and was at its lowest, 2.9%, in 1977.
Japan ranks 9th of 98 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 51 years of available data.
Total market capitalization of listed domestic companies as a share of GDP in Japan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 26.1% | — |
| 1976 | 29.6% | +13.5% |
| 1977 | 2.9% | -90.3% |
| 1978 | 3.2% | +13.0% |
| 1979 | 26.3% | +712.3% |
| 1980 | 32.9% | +25.2% |
| 1981 | 32.9% | -0.0% |
| 1982 | 35.3% | +7.3% |
| 1983 | 42.1% | +19.2% |
| 1984 | 46.9% | +11.5% |
| 1985 | 65.1% | +38.8% |
| 1986 | 82.4% | +26.6% |
| 1987 | 103.5% | +25.6% |
| 1988 | 118.7% | +14.7% |
| 1989 | 134.2% | +13.0% |
| 1990 | 90.0% | -32.9% |
| 1991 | 80.7% | -10.4% |
| 1992 | 55.5% | -31.2% |
| 1993 | 62.7% | +13.1% |
| 1994 | 70.4% | +12.2% |
| 1995 | 62.9% | -10.7% |
| 1996 | 60.1% | -4.3% |
| 1997 | 45.5% | -24.3% |
| 1998 | 58.8% | +29.1% |
| 1999 | 95.0% | +61.7% |
| 2000 | 62.6% | -34.1% |
| 2001 | 51.0% | -18.5% |
| 2002 | 48.7% | -4.5% |
| 2003 | 64.6% | +32.5% |
| 2004 | 72.0% | +11.5% |
| 2005 | 93.8% | +30.3% |
| 2006 | 99.3% | +5.8% |
| 2007 | 93.6% | -5.7% |
| 2008 | 60.4% | -35.5% |
| 2009 | 61.9% | +2.6% |
| 2010 | 65.9% | +6.3% |
| 2011 | 53.0% | -19.6% |
| 2012 | 54.9% | +3.7% |
| 2013 | 86.2% | +56.9% |
| 2014 | 87.8% | +1.9% |
| 2015 | 108.0% | +22.9% |
| 2016 | 97.0% | -10.2% |
| 2017 | 123.5% | +27.4% |
| 2018 | 102.8% | -16.8% |
| 2019 | 118.0% | +14.8% |
| 2020 | 129.5% | +9.7% |
| 2021 | 125.2% | -3.3% |
| 2022 | 121.0% | -3.4% |
| 2023 | 140.2% | +15.9% |
| 2024 | 150.6% | +7.4% |
| 2025 | 171.6% | +13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.6% | 2.9% | 29.6% | 5 |
| 1980s | 69.4% | 32.9% | 134.2% | 10 |
| 1990s | 68.2% | 45.5% | 95.0% | 10 |
| 2000s | 70.8% | 48.7% | 99.3% | 10 |
| 2010s | 89.7% | 53.0% | 123.5% | 10 |
| 2020s | 139.7% | 121.0% | 171.6% | 6 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 1.94 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 80.33 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 2.71 million current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) -0.5988 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5844 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 19,751 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate -5.06 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7321 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is total market capitalization of listed domestic companies as a share of gdp in Japan?
- Total market capitalization of listed domestic companies as a share of gdp in Japan was 171.6% in 2025, 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 Japan?
- The highest recorded value was 171.6% in 2025.
- What is the lowest total market capitalization of listed domestic companies as a share of gdp recorded in Japan?
- The lowest recorded value was 2.9% in 1977.
- How does Japan rank for total market capitalization of listed domestic companies as a share of gdp?
- Japan ranks 9th out of 98 countries with data for 2025.
- Is total market capitalization of listed domestic companies as a share of gdp rising or falling in Japan?
- Over the last ten years it is up 59.0%. The long-run trend across the full record is rising.
- Where does this Japan 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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About this data
End-of-year total market capitalization of listed domestic companies, divided by gross domestic product, expressed as a percentage.