Finland Market Capitalization
Market capitalization of listed domestic companies as % of GDP CM.MKT.LCAP.GD.ZS
Finland's market capitalization was 10.30% in 2004, ranked 63rd globally. This represents a 5.8% decrease from 2003. Data from World Bank, covering 1982–2004.
Overview
Finland's market capitalization stood at 10.30% in 2004, a decline of +0.63% from 2003. Finland ranked 63rd globally.
Finland’s market‑capitalization ratio, measured as a share of gross domestic product, rose from a trough of 5.23 in 1982 to an all‑time peak of 78.82 in 1984, before settling at 10.30 in 2004, placing the country 63rd in the world. The dramatic surge in the mid‑1980s reflected a rapid expansion of equity markets during a period of deregulation and strong export growth, while the modest level recorded in 2004 indicates a more restrained financial sector relative to the size of the economy. Over the 23‑year span covered, Finland’s ratio remained lower than that of peers such as Bulgaria (10.72) and Lebanon (10.43), suggesting that its capital markets have not captured the same proportion of economic activity as those economies. The recent figure still exceeds the early‑1980s trough, but the modest increase since the 1980s peak points to a plateau. Future shifts in corporate financing, technological innovation, or policy reforms that broaden equity participation could revive upward momentum in the ratio.
Data & projection
| Year | Market Capitalization | YoY change | Rank |
|---|---|---|---|
| 2004 | 10.30% | −0.63% | #63 |
| 2003 | 10.93% | +0.05% | #57 |
| 2002 | 10.88% | −4.86% | #54 |
| 2001 | 15.74% | −10.57% | #47 |
| 2000 | 26.31% | −3.86% | #38 |
| 1999 | 30.17% | −42.01% | #37 |
| 1998 | 72.18% | +32.25% | #17 |
| 1997 | 39.93% | +8.44% | #27 |
| 1996 | 31.48% | +9.91% | #30 |
| 1995 | 21.57% | −15.48% | #35 |
| 1994 | 37.05% | +10.65% | #20 |
| 1993 | 26.40% | +15.78% | #25 |
| 1992 | 10.62% | −0.49% | #27 |
| 1991 | 11.11% | −4.95% | #29 |
| 1990 | 16.06% | −9.81% | #24 |
Detected Pattern
Analysis
Finland matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw market capitalization improve within 24 months. View full analysis →
Frequently Asked Questions
Finland's market capitalization was 10.30% in 2004. Ranked 63rd globally. This represents a 5.8% decrease from the previous year.
Finland's market capitalization peaked at 78.82% in 1984.
The lowest market capitalization in Finland was 5.23% in 1982.
Finland ranks 63rd globally in market capitalization as of 2004.
The World Bank indicator code is CM.MKT.LCAP.GD.ZS. Data sourced from World Bank.
The market capitalization of Finland in 2004 was 10.30%. This ranks 63rd in the world.
Cite this page
@misc{historysaid_finland_market-capitalization,
title = {Finland Market Capitalization},
url = {https://historysaid.com/finland/market-capitalization/},
publisher = {HistorySaid},
year = {2026}
}