The market capitalization of listed domestic companies as a share of GDP in Australia decreased by 21.9 percentage points (-18.09 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher market capitalization than the preceding years. Market capitalization, or "market cap", is the aggregate market value of a company. It is calculated based on the current market price of the company's shares and the total number of outstanding shares.
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World Bank. (October 24, 2024). Market capitalization of listed domestic companies as share of gross domestic product in Australia from 2003 to 2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/573201/market-cap-of-domestic-companies-as-share-of-gdp-australia/
World Bank. "Market capitalization of listed domestic companies as share of gross domestic product in Australia from 2003 to 2022." Chart. October 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/573201/market-cap-of-domestic-companies-as-share-of-gdp-australia/
World Bank. (2024). Market capitalization of listed domestic companies as share of gross domestic product in Australia from 2003 to 2022. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/573201/market-cap-of-domestic-companies-as-share-of-gdp-australia/
World Bank. "Market Capitalization of Listed Domestic Companies as Share of Gross Domestic Product in Australia from 2003 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/573201/market-cap-of-domestic-companies-as-share-of-gdp-australia/
World Bank, Market capitalization of listed domestic companies as share of gross domestic product in Australia from 2003 to 2022 Statista, https://www.statista.com/statistics/573201/market-cap-of-domestic-companies-as-share-of-gdp-australia/ (last visited November 21, 2024)
Market capitalization of listed domestic companies as share of gross domestic product in Australia from 2003 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/573201/market-cap-of-domestic-companies-as-share-of-gdp-australia/