| New WFE Research quantifies the impact of stock exchanges on economic growth
January 6, 2025--The World Federation of Exchanges, the global industry association for exchanges and CCPs (The WFE), has published new research which analyses the link between stock market development and economic growth on a global scale.
|
| Key findings
Short term analysis: There is a two-way influence between economic output growth and the stock market capitalisation in the short term, but only for high-income countries. Low and middle-income countries experience a unidirectional relationship in the short term, where stock market capitalisation positively impacts economic growth, but not vice versa. This means that low and middle-income country exchanges aren’t seeing a positive impact on their market capitalisation as a result of economic growth, though higher market capitalisation leads to higher economic growth. |
| Goods trade growth set to moderate as barometer index dips November 28, 2025-Goods trade growth appears to have slowed in the second half of 2025 following a surge in the first half driven by frontloading of imports ahead of expected tariff hikes and by rising demand for AI-related products, according to the latest WTO Goods Trade Barometer. |