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

Key figures

What the numbers say

In 2025, Viet Nam's market capitalization of listed domestic companies (current US$) rose 54.4% on 2024 (from US$204.62 billion to US$316 billion).

Across the 16 yearly changes before that (2009 to 2024), the average change was +25.7% and a typical year strayed about 46.4% from that (the standard deviation). This year's change was 0.6 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 169.3% in 2009 and the biggest yearly fall was 39% in 2022. 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 US$19.21 billion a year. A straight line explains 65% 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, Viet Nam had the 24th 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 Viet Nam in the 2025 ranking

• Chile — 21st of 63: US$486.73 billion
• Türkiye — 22nd of 63: US$404.35 billion
• Poland — 23rd of 63: US$316.5 billion
• Philippines — 25th of 63: US$232.07 billion
• Austria — 26th of 63: US$211.15 billion
• Iran, Islamic Rep. — 27th of 63: US$185.64 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 18 values

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

• Australia — US$2.05 trillion (2025)
• China — US$15.51 trillion (2025)
• Hong Kong SAR, China — US$6.09 trillion (2025)
• Indonesia — US$949.59 billion (2025)
• Japan — US$7.61 trillion (2025)
• Korea, Rep. — US$2.76 trillion (2025)
• Malaysia — US$487.45 billion (2025)
• New Zealand — US$103.17 billion (2025)
• Papua New Guinea

More financial sector data for Viet Nam

• DEC alternative conversion factor (LCU per US$) — US$24,961 (2025)
• GDP deflator (base year varies by country) — 189.97 (2025)
• Inflation, GDP deflator (annual % growth) — 3.33% (2025)
• Official exchange rate (LCU per US$, period average) — US$24,165 (2024)
• Inflation, GDP deflator, linked series (annual % growth) — 3.33% (2025)
• GDP deflator, linked series (base year varies by country) — 189.97 (2025)
• Net foreign assets (current LCU) — -534.88 billion (2023)
• Consumer price index (2010 = 100) — 195.98 (2025)
• Domestic credit to private sector by banks (% of GDP) — 124.96% (2022)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Viet Nam's market capitalization of listed domestic companies (current US$)?

US$316 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2008?

It is up 2,455% from US$12.37 billion in 2008 (21% a year on average, compounded). The highest value was US$316 billion in 2025 and the lowest US$12.37 billion in 2008.

How does Viet Nam rank?

24th highest of 63 economies with data for 2025.

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

In 2025, Viet Nam's market capitalization of listed domestic companies (current US$) rose 54.4% on 2024 (from US$204.62 billion to US$316 billion). Across the 16 yearly changes before that (2009 to 2024), the average change was +25.7% and a typical year strayed about 46.4% from that (the standard deviation). This year's change was 0.6 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.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.

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