Canada - Stocks traded, total value (current US$)

The latest value for Stocks traded, total value (current US$) in Canada was 1,010,510,000,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between 1,745,000,000,000 in 2007 and 5,208,850,000 in 1975.

Definition: The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.

Source: World Federation of Exchanges database.

See also:

Year Value
1975 5,208,850,000
1976 6,368,860,000
1977 6,667,000,000
1978 10,159,000,000
1979 18,077,390,000
1980 27,156,300,000
1981 23,686,730,000
1982 16,468,200,000
1983 28,169,400,000
1984 25,308,240,000
1985 38,991,270,000
1986 57,184,660,000
1987 93,254,500,000
1988 68,777,140,000
1989 89,380,290,000
1990 68,125,140,000
1991 73,335,290,000
1992 75,705,320,000
1993 133,359,000,000
1994 156,142,000,000
1995 183,406,000,000
1996 264,982,000,000
1997 337,958,000,000
1998 356,701,000,000
1999 392,673,000,000
2000 628,487,000,000
2001 445,951,000,000
2002 448,462,000,000
2003 506,548,000,000
2004 706,494,000,000
2005 932,110,000,000
2006 1,237,140,000,000
2007 1,745,000,000,000
2008 1,502,830,000,000
2009 1,332,850,000,000
2010 1,404,840,000,000
2011 1,473,880,000,000
2012 1,347,970,000,000
2013 1,323,580,000,000
2014 1,343,790,000,000
2015 1,096,070,000,000
2016 1,153,370,000,000
2017 1,280,150,000,000
2018 1,373,650,000,000
2019 1,432,570,000,000
2020 1,010,510,000,000

Development Relevance: Stock market size can be measured in various ways, and each may produce a different ranking of countries. The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks. Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.

Limitations and Exceptions: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards. Only EOB trades are included in the total value of shares traded.

Statistical Concept and Methodology: The value of shares traded represent the transfer of ownership effected automatically through the exchange's electronic order book (EOB), where orders placed by trading members are usually exposed to all market users and automatically matched according to precise rules set up by the exchange, generally on a price/time priority basis. For data before 2001, the WFE used two different approaches for the collection of trading data, depending on the individual stock exchange's market organization and rules. The first approach is the Trading System View (TSV). Stock exchanges adopting this view count only those transactions which pass through their trading system or trading floor. The TSV is generally adopted by exchanges which operate a centralized order book (order-driven market). Trades done by their members off the exchange are not included. The second approach is the Regulated Environment View (REV). Stock exchanges in this category include all transactions subject to supervision by the market authority, including transactions made by members, and sometimes non-members, on outside trading systems and transactions into foreign markets. Figures reported under the REV approach will be higher than those reported under the TSV approach.

Aggregation method: Sum

Periodicity: Annual

General Comments: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and

Classification

Topic: Financial Sector Indicators

Sub-Topic: Capital markets