Market capitalization of listed domestic companies (current US$)

Market capitalization, a critical gauge of a nation’s economic health, reflects the total market value of publicly traded domestic companies by multiplying share prices with outstanding shares across various classes. This comprehensive metric excludes entities such as investment funds and unit trusts that primarily focus on holding shares rather than operating businesses. By providing year-end figures adjusted to U.S. dollars using the relevant foreign exchange rates, this indicator offers valuable insights into the equity market’s performance and investor confidence. Furthermore, fluctuations in market capitalization can signal broader economic trends, highlighting shifts in market perception and financial stability, thereby serving as a key performance indicator for stakeholders and policymakers alike. Source: