Japan: Stocks traded, total value (% of GDP)

Key figures

What the numbers say

In 2025, Japan's stocks traded, total value (% of GDP) rose 11.69 percentage points on 2024 (from 176.24% to 187.93%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +5.18 percentage points and a typical year strayed about 21.22 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 62.55 percentage points in 2013 and the biggest yearly fall was 47.84 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 8.6 percentage points a year. A straight line explains 77% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Japan had the 3rd highest value of the 61 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Japan in the 2025 ranking

• Hong Kong SAR, China — 1st of 61: 1,372%
• China — 2nd of 61: 303.71%
• United States — 4th of 61: 180.26%
• Korea, Rep. — 5th of 61: 176.34%
• Canada — 6th of 61: 125.98%

What this measures

The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values.

Limitations: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards. Only EOB trades are included in the total value of shares traded.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 51 values

Stocks traded, total value (% of GDP) in nearby economies

• Australia — 61.2% (2025)
• China — 303.71% (2025)
• Hong Kong SAR, China — 1,372% (2025)
• Indonesia — 14.92% (2025)
• Korea, Rep. — 176.34% (2025)
• Malaysia — 29.93% (2025)
• New Zealand — 4.98% (2025)
• Papua New Guinea — 0.00396% (2017)
• Philippines — 5.05% (2025)
• Singapore — 30.31% (2019)
• Thailand

More financial sector data for Japan

• Domestic credit to private sector by banks (% of GDP) — 114.38% (2025)
• Net domestic credit (current LCU) — 1,834.69 trillion (2025)
• Net foreign assets (current LCU) — 54.94 trillion (2025)
• Monetary sector credit to private sector (% of GDP) — 114.82% (2025)
• Broad money (current LCU) — 1,638.01 trillion (2025)
• Broad money (% of GDP) — 246.78% (2025)
• Broad money to total reserves ratio — 7.98 (2025)
• Consumer price index (2010 = 100) — 118.04 (2025)
• Inflation, consumer prices (annual % growth) — 3.17% (2025)
• Claims on central government, etc. (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Japan's stocks traded, total value (% of GDP)?

187.93% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1975?

It is up 176.86 percentage points from 11.07% in 1975. The highest value was 187.93% in 2025 and the lowest 11.07% in 1975.

How does Japan rank?

3rd highest of 61 economies with data for 2025.

Is the latest change in stocks traded, total value (% of GDP) unusual for Japan?

In 2025, Japan's stocks traded, total value (% of GDP) rose 11.69 percentage points on 2024 (from 176.24% to 187.93%). Across the 30 yearly changes before that (1995 to 2024), the average change was +5.18 percentage points and a typical year strayed about 21.22 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator CM.MKT.TRAD.GD.ZS, licensed CC BY 4.0. Original source: World Federation of Exchanges database, World Federation of Exchanges (WFE) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.