Market capitalisation of listed companies reached 10,711 USD bil in 2012 in Papua New Guinea, according to OECD. This is 14.9 % less than in the previous year.
Historically, market capitalisation of listed companies in Papua New Guinea reached an all time high of 17,514 USD bil in 2009 and an all time low of 1,423 USD bil in 2002. When compared to Papua New Guinea's main peers, market capitalisation of listed companies in Australia amounted to 1,386,874 USD bil, 428,223 USD bil in Indonesia, 52,870 USD bil in New Zealand and 229,317 USD bil in Philippines in 2012.
Papua New Guinea has been ranked 72nd within the group of 110 countries we follow in terms of market capitalisation of listed companies, 8 places above the position seen 10 years ago.
Market capitalisation (also known as market value) is the share price times the number of shares outstanding.