Iran - Listed domestic companies, total

The value for Listed domestic companies, total in Iran was 367.00 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 408.00 in 2005 and a minimum value of 54.00 in 1975.

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
1975 54.00
1976 60.00
1977 84.00
1978 106.00
1991 97.00
1992 118.00
1993 119.00
1994 142.00
1995 142.00
1996 221.00
1997 250.00
1998 277.00
1999 295.00
2000 285.00
2001 297.00
2002 307.00
2003 345.00
2004 404.00
2005 408.00
2006 320.00
2007 329.00
2008 356.00
2009 364.00
2010 369.00
2011 348.00
2012 322.00
2013 314.00
2014 315.00
2015 318.00
2016 325.00
2017 326.00
2018 323.00
2019 331.00
2020 367.00

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