Tunisia Market Capitalization
Market capitalization of listed domestic companies as % of GDP CM.MKT.LCAP.GD.ZS
Tunisia's market capitalization was 14.85% in 2025, ranked 58th globally. This represents a 8.2% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
Tunisia's market capitalization stood at 14.85% in 2025, a decline of +1.32% from 2024. Based on recent trends, this figure is projected to reach 14.85% by 2025. Tunisia ranked 58th globally.
Tunisia’s market capitalization stood at 14.85 percent of GDP in 2025, placing it 58th among world economies and marginally below Malta’s 14.91 percent and Slovenia’s 14.49 percent. The index has traversed a 19‑year span from a low of 9.97 percent in 1998 to a high of 23.05 percent in 2010, reflecting the post‑Arab Spring recovery and subsequent fiscal consolidation that lifted equity values before a gradual decline in the following decade. The early 2000s saw steady growth, but the 2008‑09 global financial crisis and domestic political turbulence truncated the upward trajectory, resulting in the 2010 peak followed by a prolonged contraction. By 1995 the market already measured 22.34 percent, indicating that the 1998 trough represented a sharp, atypical dip rather than a long‑term trend. Recent reforms aimed at improving corporate governance and expanding the stock exchange’s listing base have stabilized the ratio, yet future movements will hinge on the pace of private‑sector diversification and the ability to attract foreign investment.
Data & projection
| Year | Market Capitalization | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 13.12% | - | - |
| 2026* trend | 13.99% | - | - |
| 2025* trend | 14.85% | - | - |
| 2025 | 14.85% | −1.32% | #58 |
| 2024 | 16.17% | −0.32% | #56 |
| 2023 | 16.50% | −0.76% | #54 |
| 2022 | 17.26% | +0.09% | #55 |
| 2021 | 17.16% | −3.01% | #60 |
| 2020 | 20.17% | −0.12% | #56 |
| 2019 | 20.29% | +0.78% | #56 |
| 2018 | 19.51% | −1.65% | #57 |
| 2017 | 21.16% | +2.11% | #60 |
| 2016 | 19.05% | −0.22% | #61 |
| 2015 | 19.26% | +1.87% | #60 |
| 2014 | 17.39% | −0.27% | #62 |
| 2013 | 17.67% | −2.41% | #61 |
| 2011 | 20.08% | −2.98% | #57 |
| 2010 | 23.05% | +13.09% | #62 |
Detected Pattern
Analysis
Tunisia matched the Stagflation Risk pattern in 2023. Historically, 38% of countries showing this pattern (117 out of 307) saw market capitalization improve within 24 months. View full analysis →
Frequently Asked Questions
Tunisia's market capitalization was 14.85% in 2025. Ranked 58th globally. This represents a 8.2% decrease from the previous year.
Tunisia's market capitalization peaked at 23.05% in 2010.
The lowest market capitalization in Tunisia was 9.97% in 1998.
Tunisia ranks 58th globally in market capitalization as of 2025.
The World Bank indicator code is CM.MKT.LCAP.GD.ZS. Data sourced from World Bank.
Tunisia's market capitalization is projected to reach 14.85% by 2025 based on trend extrapolation.
The market capitalization of Tunisia in 2025 was 14.85%. This ranks 58th in the world.
Cite this page
@misc{historysaid_tunisia_market-capitalization,
title = {Tunisia Market Capitalization},
url = {https://historysaid.com/tunisia/market-capitalization/},
publisher = {HistorySaid},
year = {2026}
}