Bulgaria Market Capitalization
Market capitalization of listed domestic companies as % of GDP CM.MKT.LCAP.GD.ZS
Bulgaria's market capitalization was 1.18% in 2025, ranked 74th globally. This represents a 84.1% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Bulgaria's market capitalization stood at 1.18% in 2025, a decline of +6.25% from 2024. Based on recent trends, this figure is projected to reach 1.18% by 2025. Bulgaria ranked 74th globally.
Bulgaria's market capitalization has experienced significant fluctuations over the past 26 years, with the indicator reaching an all-time peak of $48.77 in 2007. This marked a substantial increase from the trough of $0.05 reached in 1996, highlighting the country's economic growth during that period. However, the market capitalization has declined since then, with the latest value standing at $1.18 in 2025, ranking 74th globally. Comparatively, Azerbaijan's market capitalization ranks higher at $1.59. The decline in market capitalization suggests a potential slowdown in Bulgaria's economic growth, which could be attributed to various factors such as decreased investor confidence or a decline in the country's economic competitiveness. If Bulgaria is to reverse this trend and increase its market capitalization, it would likely require a combination of economic reforms, improved business environment, and increased foreign investment.
Data & projection
| Year | Market Capitalization | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -8.41% | - | - |
| 2026* trend | -3.61% | - | - |
| 2025* trend | 1.18% | - | - |
| 2025 | 1.18% | −6.25% | #74 |
| 2024 | 7.42% | −0.25% | #66 |
| 2023 | 7.67% | −9.68% | #66 |
| 2022 | 17.35% | −2.83% | #54 |
| 2021 | 20.18% | −4.95% | #54 |
| 2020 | 25.13% | +1.77% | #47 |
| 2019 | 23.36% | −0.33% | #51 |
| 2018 | 23.68% | +9.37% | #52 |
| 2011 | 14.31% | −0.24% | #65 |
| 2010 | 14.55% | −2.08% | #71 |
| 2009 | 16.63% | +0.33% | #65 |
| 2008 | 16.30% | −32.47% | #60 |
| 2007 | 48.77% | +18.74% | #48 |
| 2006 | 30.03% | +13.00% | #56 |
| 2005 | 17.03% | +6.31% | #60 |
Detected Pattern
Analysis
Bulgaria matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw market capitalization improve within 24 months. View full analysis →
Frequently Asked Questions
Bulgaria's market capitalization was 1.18% in 2025. Ranked 74th globally. This represents a 84.1% decrease from the previous year.
Bulgaria's market capitalization peaked at 48.77% in 2007.
The lowest market capitalization in Bulgaria was 0.05% in 1996.
Bulgaria ranks 74th globally in market capitalization as of 2025.
The World Bank indicator code is CM.MKT.LCAP.GD.ZS. Data sourced from World Bank.
Bulgaria's market capitalization is projected to reach 1.18% by 2025 based on trend extrapolation.
The market capitalization of Bulgaria in 2025 was 1.18%. This ranks 74th in the world.
Cite this page
@misc{historysaid_bulgaria_market-capitalization,
title = {Bulgaria Market Capitalization},
url = {https://historysaid.com/bulgaria/market-capitalization/},
publisher = {HistorySaid},
year = {2026}
}