In 2022, the market capitalization of listed domestic companies as a share of GDP in Australia decreased by 21.9 percentage points (-18.09 percent) since 2021. Nevertheless, the last two years recorded a significant higher market capitalization than the preceding years. Market capitalization, often referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. It is equal to the market price per common share multiplied by the number of common shares outstanding.
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World Bank. (June 28, 2024). Market capitalization of listed domestic companies as share of gross domestic product in Australia from 2003 to 2022 [Graph]. In Statista. Retrieved September 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. June 28, 2024. Statista. Accessed September 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: September 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., 28 Jun 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 September 21, 2024)
Market capitalization of listed domestic companies as share of gross domestic product in Australia from 2003 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/573201/market-cap-of-domestic-companies-as-share-of-gdp-australia/