Japan: Stock market activity for smaller firms

* indicates monthly or quarterly data series
 Japan

Stock market value traded w/o top 10 firms, % of total value traded

 Latest value 83.08
 Year 2020
 Measure percent
 Data availability 1998 - 2020
 Average 71.20
 Min - Max 49.95 - 87.17
 Source The World Federation of Exchanges
 Available for Data download
The latest value from 2020 is 83.08 percent, a decline from 84 percent in 2019. In comparison, the world average is 48.10 percent, based on data from 28 countries. Historically, the average for Japan from 1998 to 2020 is 71.2 percent. The minimum value, 49.95 percent, was reached in 2008 while the maximum of 87.17 percent was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Japan: Stock market activity for smaller firms
 2020 83.08
 2019 84.00
 2018 84.42
 2017 85.00
 2016 87.17
 2015 85.02
 2014 84.65
 2013 80.58




Definition: Value of all traded shares outside of the top ten largest traded companies as a share of total value of all traded shares in a stock market exchange. WFE provides data on the exchange level. This variable is aggregated up to the country level by taking a simple average over exchanges.

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 Related indicators Latest Reference Measure
 Stock market capitalization, percent of GDP 171.60 2025 percent
 Stock market capitalization, in dollars 7,610.54 2025 billion U.S. dollars
 Stock market turnover ratio 117.02 2024 percent
 Listed companies 3,942 2025 companies
 Stock market value traded 187.93 2025 percent
 Stock market return 22.23 2021 percent
 Stock market access for smaller firms 82.65 2020 percent
 Stock market activity for smaller firms 83.08 2020 percent
 Stock price volatility 19.26 2021 percent
 Mutual fund assets 48.09 2020 percent
 Life insurance volume 5.42 2020 percent
 Non-life insurance premium volume 1.66 2020 percent
 Pension fund assets to GDP 30.10 2020 percent
 Insurance company assets 80.20 2020 percent
 Nonbank financial institutions assets to GDP 149.53 2021 percent
 Stock market index 263.91 8/2026 points
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