Saudi Arabia ranks second in the world in stock market capitalization index

The Kingdom ranked second globally in the market capitalization index of the stock market, according to the Global Competitiveness Yearbook report, issued by the Global Competitiveness Center of the International Institute for Management Development (IMD), which is one of the main competitiveness reports that the National Competitiveness Center follows up and analyzes in coordination with government agencies. Related.

Thus, the Kingdom advanced one place from the levels of 2023, in which it achieved third place among countries in the world in the stock market capitalization index (percentage of domestic product).

The Kingdom’s progress in these indicators and its achievement of advanced positions comes as a continuation of the reflection of a number of efforts and measures taken by the financial market system during the past period to develop the financial market sector.