Last year, the market cap growth rate of the Korean stock market was the highest after China among the 20 major countries (G20).
As of December 30, the closing date of last year’s Korean stock market, Bloomberg compiled the market capitalization of 86 major stock markets in dollar terms, a total of 10,095 billion dollars, up 18.4% from the end of 2019.
Among them, the market cap of the Korean stock market was $2.982 trillion (about 3239.93 trillion won), a 45.6% increase over the same period.
The market cap growth rate of the Korean stock market is the sixth out of 86 countries.
In particular, it was the second highest among the G20 countries after China.
China’s market cap was $10.78 trillion, up 45.9% during this period.
Slovenia (167.6%) ranked first in the growth rate, and only countries with small stock markets ranked fourth in Zimbabwe (124.4%), Luxembourg (70.0%) and Cyprus (46.1%).
Among the stock markets of the G20 countries, the US market cap increased by 23.7% to $42,5203 billion, while Germany (10.5%), France (9.3%) and Japan (8.5%) also showed an increase.
However, the market capitalization of the UK (-5.8%) declined.
Among 86 countries, Barbados, in the West Indies, had the lowest performance with a 95.3% decline in market cap, followed by Venezuela (-63.1%).
/yunhap news
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