Stock Market Capitalization

Middle East Ranking

as percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Iran	598.8	2020	2	124.17
2 ↓	Saudi Arabia	346.96	2020	1	303.52
3	Qatar	114.53	2020	3	90.75
4	Kuwait	100.03	2020	4	86.74
5 ↑	United Arab Emirates	82.16	2020	7	59.16
6 ↓	Bahrain	70.86	2020	5	69.55
7 ↓	Israel	64.37	2020	6	59.65
8	Jordan	41.66	2020	8	47.27
9	Turkey	32.98	2020	9	24.31
10	Oman	22.28	2020	10	19.44
11	Lebanon	21.12	2020	11	14.89

Definition of Stock Market Capitalization

Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.