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S. Korea Ranks 2nd in G20 in 2020 Market Cap Growth

Written: 2021-01-02 13:23:20Updated: 2021-01-02 13:32:14

S. Korea Ranks 2nd in G20 in 2020 Market Cap Growth

South Korea ranks second highest in the Group of 20 nations in terms of growth in stock market capitalization in the year 2020.

According to Bloomberg, the combined value of listed stocks in 86 major economies as of Wednesday when the Korean bourse closed for the year was tallied at 102-point-95 trillion dollars, up 18-point-four percent from 2019. 

Of this total, South Korea accounted for a little over two trillion dollars, marking a 45-point-six percent annual increase.

It's the sixth highest increase among the 86 countries and the second in the G-20, after China.

China's market capitalization grew 45-point-nine percent to ten-point-seven trillion dollars last year.

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