South Africa Market Capitalization
Market capitalization of listed domestic companies as % of GDP CM.MKT.LCAP.GD.ZS
South Africa's market capitalization was 236.87% in 2025, ranked 2nd globally. This represents a 3.6% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
South Africa's market capitalization stood at 236.87% in 2025, a decline of +8.85% from 2024. Based on recent trends, this figure is projected to reach 236.87% by 2025. South Africa ranked 2nd globally.
South Africa's market capitalization has demonstrated significant growth over the past five decades, with a coverage of 51 years. The indicator peaked in 2017 at 322.71, a substantial increase from the all-time trough of 47.87 in 1976. The country's current market capitalization stands at 236.87, a ranking of second globally. In comparison, Hong Kong SAR, China boasts the highest market capitalization at 812.63. South Africa's market capitalization has witnessed a consistent upward trend, with minimal fluctuations, indicating a relatively stable economic environment. However, the trajectory of the market capitalization may be influenced by future economic policies, geopolitical events, and technological advancements in the country. A significant shift in these factors could potentially alter the trajectory of South Africa's market capitalization, with potential implications for the country's economic growth and development.
Data & projection
| Year | Market Capitalization | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 210.07% | - | - |
| 2026* trend | 223.47% | - | - |
| 2025* trend | 236.87% | - | - |
| 2025 | 236.87% | −8.85% | #2 |
| 2024 | 245.72% | −23.21% | #2 |
| 2023 | 268.93% | −18.54% | #3 |
| 2022 | 287.48% | +15.33% | #3 |
| 2021 | 272.15% | −38.97% | #4 |
| 2020 | 311.13% | +39.80% | #4 |
| 2019 | 271.32% | +57.80% | #2 |
| 2018 | 213.52% | −109.19% | #2 |
| 2017 | 322.71% | +28.72% | #2 |
| 2016 | 293.99% | +81.73% | #2 |
| 2015 | 212.27% | −32.73% | #3 |
| 2014 | 245.00% | +9.82% | #2 |
| 2013 | 235.18% | +26.22% | #3 |
| 2012 | 208.96% | +36.76% | #3 |
| 2011 | 172.20% | −49.43% | #3 |
Detected Pattern
Analysis
South Africa matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw market capitalization improve within 24 months. View full analysis →
Frequently Asked Questions
South Africa's market capitalization was 236.87% in 2025. Ranked 2nd globally. This represents a 3.6% decrease from the previous year.
South Africa's market capitalization peaked at 322.71% in 2017.
The lowest market capitalization in South Africa was 47.87% in 1976.
South Africa ranks 2nd globally in market capitalization as of 2025.
The World Bank indicator code is CM.MKT.LCAP.GD.ZS. Data sourced from World Bank.
South Africa's market capitalization is projected to reach 236.87% by 2025 based on trend extrapolation.
The market capitalization of South Africa in 2025 was 236.87%. This ranks 2nd in the world.
Cite this page
@misc{historysaid_south-africa_market-capitalization,
title = {South Africa Market Capitalization},
url = {https://historysaid.com/south-africa/market-capitalization/},
publisher = {HistorySaid},
year = {2026}
}