Market Capitalisation of Listed Companies (As % of GDP) in Latvia

Market capitalisation of listed companies as of GDP reached 3.93 % in 2012 in Latvia, according to OECD. This is 3.97 % more than in the previous year.

Historically, market capitalisation of listed companies as of GDP in Latvia reached an all time high of 15.8 % in 2005 and an all time low of 0.190 % in 1995. When compared to Latvia's main peers, market capitalisation of listed companies as of GDP in Estonia amounted to 10.3 %, 9.36 % in Lithuania and 37.3 % in Russia in 2012.

Latvia has been ranked 105th within the group of 109 countries we follow in terms of market capitalisation of listed companies as of GDP, 24 places behind the position seen 10 years ago.

Market capitalisation (also known as market value) is the share price times the number of shares outstanding.

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