Total value of all traded shares in a stock market exchange as a percentage of GDP. Following deflation method is use: {(0.5) [Ft/P et + Ft-1/P et-1]}/[GDPt/P at] where F is stock market capitalization, P e is end-of period CPI, and P a is average annual CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF). Every country, region and year the World Bank publishes for indicator GFDD.DM.02 (Global Financial Development), delivered as a tidy table — country, ISO code, year and value — ready for analysis in Excel, R, Python or the Intigal AI workspace. Original compiler: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
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Version 1: Listed from the publisher's open-data release.
Original source: api.worldbank.org · CC BY 4.0 — free to reuse with attribution to the World Bank