Indonesia - Listed domestic companies, total

The value for Listed domestic companies, total in Indonesia was 713.00 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 713.00 in 2020 and a minimum value of 6.00 in 1980.

Definition: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

Source: World Federation of Exchanges database.

See also:

Year Value
1980 6.00
1981 8.00
1982 13.00
1983 23.00
1984 24.00
1985 24.00
1986 24.00
1987 24.00
1988 24.00
1989 57.00
1990 123.00
1991 139.00
1992 153.00
1993 172.00
1994 217.00
1995 237.00
1996 252.00
1997 281.00
1998 287.00
1999 276.00
2000 286.00
2001 315.00
2002 330.00
2003 333.00
2004 331.00
2005 336.00
2006 344.00
2007 383.00
2008 396.00
2009 398.00
2010 420.00
2011 440.00
2012 459.00
2013 483.00
2014 506.00
2015 521.00
2016 537.00
2017 566.00
2018 619.00
2019 668.00
2020 713.00

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.

Statistical Concept and Methodology: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

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