Correlation

Correlation Between Stock Market Participation and GDP Per Capita

A positive correlation exists between a country's GDP per capita and its households' participation rate in stock markets, whether directly through share ownership or indirectly via pension funds. Consequently, in many countries with lower participation rates, a smaller segment of the population benefits from the real returns generated by companies for their shareholders. For instance, while about half of US households own shares, the figure is below 10% in nations like Greece and Slovakia.

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Updated 2025-09-17

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