Viet Nam Market Capitalization
Market capitalization of listed domestic companies as % of GDP CM.MKT.LCAP.GD.ZS
Viet Nam's market capitalization was 35.16% in 2025, ranked 32nd globally. This represents a 18.1% decrease from 2024. Data from World Bank, covering 2008–2025.
Overview
Viet Nam's market capitalization stood at 35.16% in 2025, a decline of +7.79% from 2024. Based on recent trends, this figure is projected to reach 35.16% by 2025. Viet Nam ranked 32nd globally.
Vietnam’s market capitalization has risen sharply from an all‑time trough of 12.47 in 2008 to a peak of 76.07 in 2021, before settling at 35.16 in 2025, placing the country 32nd globally. The rapid expansion over the 18‑year span reflects accelerated equity market development, higher foreign investor participation and the deepening of domestic capital markets, while the modest decline from the 2021 high signals a correction after a period of exuberant valuations. Compared with peers of similar rank, Vietnam’s 2025 figure is marginally lower than Bahrain’s 35.50 and Greece’s 34.76, yet it remains below Germany’s 38.84, underscoring a middle‑tier position among emerging and advanced economies. The trajectory suggests that continued reforms, improved corporate governance and sustained inflows of portfolio investment could lift Vietnam’s market cap toward the levels seen in the early 2020s, whereas heightened geopolitical risk or domestic policy tightening could reverse the recent modest decline.
Data & projection
| Year | Market Capitalization | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 24.32% | - | - |
| 2026* trend | 29.74% | - | - |
| 2025* trend | 35.16% | - | - |
| 2025 | 35.16% | −7.79% | #32 |
| 2024 | 42.95% | −0.34% | #28 |
| 2023 | 43.29% | +2.14% | #32 |
| 2022 | 41.15% | −34.92% | #33 |
| 2021 | 76.07% | +22.41% | #24 |
| 2020 | 53.66% | +8.86% | #31 |
| 2019 | 44.81% | +2.03% | #37 |
| 2018 | 42.78% | −1.76% | #35 |
| 2017 | 44.54% | +16.06% | #38 |
| 2016 | 28.48% | +3.93% | #49 |
| 2015 | 24.55% | +2.09% | #52 |
| 2014 | 22.46% | +1.34% | #58 |
| 2013 | 21.12% | +2.35% | #59 |
| 2012 | 18.77% | +3.72% | #55 |
| 2011 | 15.04% | −10.00% | #64 |
Detected Pattern
Analysis
Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw market capitalization improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's market capitalization was 35.16% in 2025. Ranked 32nd globally. This represents a 18.1% decrease from the previous year.
Viet Nam's market capitalization peaked at 76.07% in 2021.
The lowest market capitalization in Viet Nam was 12.47% in 2008.
Viet Nam ranks 32nd globally in market capitalization as of 2025.
The World Bank indicator code is CM.MKT.LCAP.GD.ZS. Data sourced from World Bank.
Viet Nam's market capitalization is projected to reach 35.16% by 2025 based on trend extrapolation.
The market capitalization of Viet Nam in 2025 was 35.16%. This ranks 32nd in the world.
Cite this page
@misc{historysaid_viet-nam_market-capitalization,
title = {Viet Nam Market Capitalization},
url = {https://historysaid.com/viet-nam/market-capitalization/},
publisher = {HistorySaid},
year = {2026}
}