COUNTRY / INDICATOR
Armenia Stock Market Capitalization
Armenia stock market capitalization: latest available value for 2024, historical series from 2018, ranking context and source documentation.
Series overview
CM.MKT.LCAP.GD.ZS| Year | Value | Change |
|---|---|---|
| 2024 | 18,67 | 17,52 |
| 2023 | 1,16 | -0,14 |
| 2022 | 1,29 | 1,08 |
| 2021 | 0,21 | 0,00 |
| 2020 | 0,21 | -0,19 |
| 2019 | 0,40 | 0,02 |
| 2018 | 0,38 | — |
Source methodology
World Development IndicatorsIndicator note: Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.
Source organization: World Federation of Exchanges database, World Federation of Exchanges (WFE)
Metadata fetched: 2026-08-01 01:36:07. Open original metadata response.
Revision history
6 detected changesSource revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.
| Detected | Data year | Previous value | Replacement value | Source | Source update |
|---|---|---|---|---|---|
| 2026-08-01 03:05:20 | 2019 | 0,40 | 0,40 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:05:20 | 2020 | 0,21 | 0,21 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:05:20 | 2021 | 0,21 | 0,21 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:05:20 | 2022 | 1,29 | 1,29 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:05:20 | 2023 | 1,16 | 1,16 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:05:20 | 2024 | 18,67 | 18,67 | World Bank Indicators API | 2026-07-13 02:00:00 |
Country-specific interpretation
Automatically derived from the displayed seriesArmenia recorded 18,67 percent of GDP in 2024, the latest year available in this series.
Compared with 2023, the stock market capitalization increased by 17,52.
Across the latest five-year comparison window, the series shows an upward direction.
Across 7 observations from 2018 to 2024, the average was 3,19; the minimum was 0,21 in 2021 and the maximum was 18,67 in 2024.
Armenia ranks 68 out of 88 countries with a current value in the portal ranking.
The latest value is below the available average for Europe & Central Asia.
It is also below the available average for the Upper middle income group.
Scale of domestic equity markets.