Pakistan: Market capitalization of listed domestic companies (current US$)

Key figures

Over five years it is up 39.8% from US$50.28 billion in 2020 (6.93% a year on average, compounded). Since 1993 it is up 455.57% from US$12.65 billion in 1993 (5.51% a year on average, compounded). The World Bank has no value for 8 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2025, Pakistan's market capitalization of listed domestic companies (current US$) rose 35% on 2024 (from US$52.07 billion to US$70.29 billion).

Across the 21 yearly changes before that (1994 to 2024), the average change was −0.5% and a typical year strayed about 32% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 61.4% in 2024 and the biggest yearly fall was 66.5% in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2018 to 2025 there is no clear straight-line trend: a straight line explains 1% of the movement over 8 observed years, so the value is moving around more than it is heading anywhere.

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

How it compares

In 2025, Pakistan had the 38th highest value of the 63 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 Pakistan in the 2025 ranking

• New Zealand — 35th of 63: US$103.17 billion
• Nigeria — 36th of 63: US$86.94 billion
• Romania — 37th of 63: US$70.89 billion
• Luxembourg — 39th of 63: US$69.41 billion
• Egypt, Arab Rep. — 40th of 63: US$62.88 billion
• Hungary — 41st of 63: US$62.59 billion

What this measures

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 converted to U.S. dollars using corresponding year-end foreign exchange rates.

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.

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

All 25 values

Market capitalization of listed domestic companies (current US$) in nearby economies

• Algeria — US$371.42 million (2018)
• Bahrain — US$21.31 billion (2025)
• Egypt, Arab Rep. — US$62.88 billion (2025)
• Iran, Islamic Rep. — US$185.64 billion (2025)
• Israel — US$330.88 billion (2024)
• Jordan — US$37.37 billion (2025)
• Kuwait — US$172.13 billion (2025)
• Lebanon — US$10.58 billion (2021)
• Malta

More financial sector data for Pakistan

• Domestic credit to private sector by banks (% of GDP) — 10.68% (2025)
• Net domestic credit (current LCU) — 55.96 trillion (2025)
• Net foreign assets (current LCU) — -249.12 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 10.73% (2025)
• Broad money (current LCU) — 46.53 trillion (2025)
• Broad money (% of GDP) — 40.88% (2025)
• Broad money to total reserves ratio — 6.29 (2025)
• Consumer price index (2010 = 100) — 400.52 (2025)
• Inflation, consumer prices (annual % growth) — 3.55% (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 Pakistan's market capitalization of listed domestic companies (current US$)?

US$70.29 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1993?

It is up 455.57% from US$12.65 billion in 1993 (5.51% a year on average, compounded). The highest value was US$70.29 billion in 2025 and the lowest US$4.9 billion in 2001.

How does Pakistan rank?

38th highest of 63 economies with data for 2025.

Is the latest change in market capitalization of listed domestic companies (current US$) unusual for Pakistan?

In 2025, Pakistan's market capitalization of listed domestic companies (current US$) rose 35% on 2024 (from US$52.07 billion to US$70.29 billion). Across the 21 yearly changes before that (1994 to 2024), the average change was −0.5% and a typical year strayed about 32% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator CM.MKT.LCAP.CD, 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.