GFD Guide to Global Stock Markets 2023 Edition

298 Pages Posted: 25 Jul 2023 Last revised: 12 Aug 2023

Date Written: July 18, 2023


The paper provides comprehensive coverage of the performance of financial markets in 20 countries and 3 global markets. Topics include nominal and real returns to stocks, bonds and bills, the equity risk premium, bull and bear markets, stock and bond yields, stock market capitalization, government debt as a share of GDP, the exchange rate and an overall analysis of returns to financial markets in each country with information on the sources used.

Keywords: stock markets, equity risk premium, government debt, financial markets, returns to stocks, bonds and bills

JEL Classification: G01, G12, G15, N2

Suggested Citation

Taylor, Bryan, GFD Guide to Global Stock Markets 2023 Edition (July 18, 2023). Available at SSRN: or

Bryan Taylor (Contact Author)

Global Financial Data ( email )

29122 Rancho Viejo Rd. Suite 215
San Juan Capistrano, CA 92675
United States
9495424200 (Phone)


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