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Türkiye - Market Capitalization 2023

Name: Türkiye Market Capitalization 2023
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Market capitalization of listed domestic companies as % of GDP · World Bank

29.58% −6.05% from 2022 Global rank: 41st

Türkiye's market capitalization was 29.58% in 2023, decreased +6.05% from 35.63% in 2022. This was the 41st highest globally.

Global Ranking - 2023▾

Market Capitalization by Country - 2023
Rank	Country	Value	YoY
1st	Hong Kong SAR, China	1,043.13%	-18.1%
2nd	Iran, Islamic Republic of	450.18%	18.0%
3rd	South Africa	268.93%	-6.5%
4th	Saudi Arabia	247.45%	16.2%
5th	Switzerland	228.60%	3.5%
6th	United Arab Emirates	190.23%	11.4%
7th	United States	179.46%	14.0%
8th	Japan	145.95%	15.6%
9th	Canada	142.60%	13.1%
10th	Singapore	120.35%	-1.1%
11th	India	119.28%	17.8%
12th	Korea	106.68%	16.7%
13th	Australia	103.13%	4.1%
14th	Thailand	100.72%	-17.4%
15th	Malaysia	94.53%	1.1%
16th	Chile	85.85%	-9.3%
17th	Kuwait	79.29%	-4.7%
18th	Qatar	78.94%	12.2%
19th	Luxembourg	60.62%	-3.8%
20th	Mauritius	60.41%	-8.8%
21st	China	59.86%	-4.4%
22nd	Jamaica	56.80%	-18.1%
23rd	Indonesia	55.30%	19.5%
24th	Philippines	54.10%	-8.3%
25th	Israel	51.64%	0.6%
26th	Germany	47.74%	6.1%
27th	Spain	47.52%	3.5%
28th	Jordan	46.77%	-10.3%
29th	Brazil	45.24%	11.1%
30th	Bahrain	44.61%	-31.5%
31st	Morocco	43.46%	6.2%
32nd	Viet Nam	43.29%	5.2%
33rd	New Zealand	37.84%	-3.2%
34th	Greece	33.47%	23.6%
35th	Mexico	32.07%	3.5%
36th	Peru	31.83%	9.8%
37th	Russian Federation	31.40%	35.7%
38th	Seychelles	29.94%	-50.3%
39th	Croatia	29.61%	9.0%
40th	Cyprus	29.59%	41.4%
41st	Türkiye	29.58%	-17.0%
42nd	Austria	26.83%	3.2%
43rd	Poland	26.05%	22.7%
44th	West Bank and Gaza	25.91%	1.4%
45th	Bangladesh	25.50%	1.8%
46th	Panama	24.29%	18.8%
47th	Malta	22.79%	-1.0%
48th	Kazakhstan	22.56%	11.1%
49th	Colombia	21.62%	9.2%
50th	Rwanda	20.46%	-20.9%
51st	Namibia	19.19%	11.7%
52nd	Botswana	18.52%	-87.9%
53rd	Hungary	18.22%	35.1%
54th	Tunisia	16.50%	-4.4%
55th	Sri Lanka	15.67%	9.7%
56th	Slovenia	14.60%	7.0%
57th	Egypt, Arab Republic of	14.03%	72.2%
58th	Romania	13.76%	40.2%
59th	Uzbekistan	13.37%	42.9%
60th	Zambia	12.53%	-9.5%
61st	Czechia	10.04%	5.2%
62nd	Pakistan	9.58%	25.1%
63rd	Nigeria	9.53%	-1.2%
64th	Kenya	8.55%	-39.2%
65th	Ghana	7.71%	-11.8%
66th	Bulgaria	7.67%	-55.8%
67th	Tanzania	7.34%	-17.0%
68th	Belarus	4.72%	39.5%
69th	Bermuda	2.23%	-15.0%
70th	Azerbaijan	2.18%	16.9%
71st	Armenia	1.16%	-10.6%

FAQ

What was Türkiye's market capitalization in 2023?▾

Türkiye's market capitalization in 2023 was 29.58%. This ranked 41st globally.

How did Türkiye's market capitalization change in 2023?▾

Türkiye's market capitalization decreased by 17.0% in 2023 compared to 2022.

Which country had the highest market capitalization in 2023?▾

Hong Kong SAR, China had the highest market capitalization in 2023 at 1,043.13%.

What is the market capitalization of Türkiye in 2023?▾

The market capitalization of Türkiye in 2023 was 29.58%. This ranked 41st globally.

How does 2023 compare to 2022 for Türkiye's market capitalization?▾

Türkiye's market capitalization went from 35.63% in 2022 to 29.58% in 2023, a 17.0% decrease.

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