{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"ru-stock-market-cap-gdp","url":"https://apiardata.com/statistics/ru-stock-market-cap-gdp","html_url":"https://apiardata.com/statistics/ru-stock-market-cap-gdp/","title":"Russia Stock Market Capitalisation (% of GDP) (2023)","description":"Russia's Stock Market Capitalisation (% of GDP): 31.8 % of GDP in 2023, +8.7pp YoY. World Bank (CM.MKT.LCAP.GD.ZS), 2009–2023.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","Russia","2023"],"publisher":"World Bank","frequency":"Annual","geography":"Russia","temporal_coverage":"2009/2023","unit":"% of GDP","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2023","variable_measured":"Russia Stock Market Capitalisation (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS?locations=RU"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2009–2023"},{"label":"Observations","value":"15"},{"label":"Geography","value":"Russia"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Russia (2023)","value":"31.8","unit":"% of GDP","trend":{"direction":"up","value":"+8.7pp YoY"}},{"label":"YoY Change","value":"+8.7pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"15","unit":"years of data"}],"series":[{"key":"value","label":"Russia Stock Market Capitalisation (% of GDP)"}],"observation_count":15,"observations":[{"period":"2009","value":62.3022520228711},{"period":"2010","value":62.3834443220917},{"period":"2011","value":38.2983555316841},{"period":"2012","value":37.3745813164403},{"period":"2013","value":33.6168671198513},{"period":"2014","value":18.7412046208563},{"period":"2015","value":28.8406966467407},{"period":"2016","value":48.7200957478332},{"period":"2017","value":39.602665063004},{"period":"2018","value":34.7617412564913},{"period":"2019","value":46.749301656053},{"period":"2020","value":46.530736489909},{"period":"2021","value":46.0231916726114},{"period":"2022","value":23.1234662414818},{"period":"2023","value":31.7887215832447}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2023","value":"31.8","yoyChange":"+8.7pp"},{"year":"2022","value":"23.1","yoyChange":"-22.9pp"},{"year":"2021","value":"46.0","yoyChange":"-0.5pp"},{"year":"2020","value":"46.5","yoyChange":"-0.2pp"},{"year":"2019","value":"46.7","yoyChange":"+11.9pp"},{"year":"2018","value":"34.8","yoyChange":"-4.8pp"},{"year":"2017","value":"39.6","yoyChange":"-9.1pp"},{"year":"2016","value":"48.7","yoyChange":"+19.9pp"},{"year":"2015","value":"28.8","yoyChange":"+10.1pp"},{"year":"2014","value":"18.7","yoyChange":"-14.9pp"},{"year":"2013","value":"33.6","yoyChange":"-3.8pp"},{"year":"2012","value":"37.4","yoyChange":"-0.9pp"},{"year":"2011","value":"38.3","yoyChange":"-24.1pp"},{"year":"2010","value":"62.4","yoyChange":"+0.1pp"},{"year":"2009","value":"62.3","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks listed domestic stock market capitalisation as a share of GDP in Russia from 1990 to present. This is the headline capital market development metric. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2023. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 2009–2023 (15 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 62.4 % of GDP in 2010 and reached its lowest recorded value of 18.7 in 2014. The latest reading of 31.8 in 2023 represents a change of +8.7pp."}]}