Algeria Market Capitalization
Market capitalization of listed domestic companies as % of GDP CM.MKT.LCAP.GD.ZS
Algeria's market capitalization was 0.19% in 2018, ranked 78th globally. This represents a 2.6% increase from 2017. Data from World Bank, covering 1999–2018.
Overview
Algeria's market capitalization stood at 0.19% in 2018, a rise of +0.00% from 2017. Algeria ranked 78th globally.
Algeria’s market‑capitalization‑to‑GDP ratio has contracted sharply since the turn of the millennium, falling from an all‑time peak of 0.57 in 1999 to a trough of 0.05 in 2008 before modestly recovering to 0.19 in 2018, ranking 78th globally. The steep decline during the 2008 global financial crisis reflects both a sharp fall in equity valuations and limited depth in the domestic stock market, which remains small relative to the size of the economy. Over the 20‑year span, the ratio has averaged well below 0.3, contrasting with peers such as Armenia, whose ratio stands at 0.38, and far from the higher levels observed in Ukraine (3.37) and Nigeria (7.47). Persistent structural constraints, including a reliance on hydrocarbon revenues and modest private‑sector development, have limited the capacity of the bourse to attract capital. If reforms expand listing requirements, improve corporate governance, and diversify the economy away from oil, the market‑capitalization ratio could resume a gradual upward trajectory in the coming decade.
Data & projection
| Year | Market Capitalization | YoY change | Rank |
|---|---|---|---|
| 2018 | 0.19% | +0.00% | #78 |
| 2017 | 0.19% | −0.04% | #72 |
| 2016 | 0.23% | +0.15% | #73 |
| 2015 | 0.08% | +0.01% | #74 |
| 2014 | 0.07% | −0.01% | #75 |
| 2013 | 0.08% | +0.00% | #73 |
| 2012 | 0.07% | −0.02% | #64 |
| 2011 | 0.09% | +0.03% | #80 |
| 2010 | 0.06% | −0.00% | #79 |
| 2009 | 0.06% | +0.01% | #75 |
| 2008 | 0.05% | −0.02% | #76 |
| 2007 | 0.07% | −0.01% | #75 |
| 2006 | 0.08% | −0.06% | #75 |
| 2005 | 0.13% | −0.02% | #72 |
| 2004 | 0.15% | −0.04% | #72 |
Detected Pattern
Analysis
Algeria matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw market capitalization improve within 24 months. View full analysis →
Frequently Asked Questions
Algeria's market capitalization was 0.19% in 2018. Ranked 78th globally. This represents a 2.6% increase from the previous year.
Algeria's market capitalization peaked at 0.57% in 1999.
The lowest market capitalization in Algeria was 0.05% in 2008.
Algeria ranks 78th globally in market capitalization as of 2018.
The World Bank indicator code is CM.MKT.LCAP.GD.ZS. Data sourced from World Bank.
The market capitalization of Algeria in 2018 was 0.19%. This ranks 78th in the world.
Cite this page
@misc{historysaid_algeria_market-capitalization,
title = {Algeria Market Capitalization},
url = {https://historysaid.com/algeria/market-capitalization/},
publisher = {HistorySaid},
year = {2026}
}