This is a list of sovereign states without a stock exchange.
List
| Country | Continent |
|---|---|
| Afghanistan | Asia |
| Andorra | Europe |
| Belize | North America |
| Brunei | Asia |
| Comoros | Africa |
| Cuba | North America |
| Democratic Republic of Congo | Africa |
| Djibouti | Africa |
| Eritrea | Africa |
| Gambia | Africa |
| Guinea | Africa |
| Kiribati | Oceania |
| Liberia | Africa |
| Liechtenstein | Europe |
| Madagascar | Africa |
| Marshall Islands | Oceania |
| Mauritania | Africa |
| Federated States of Micronesia | Oceania |
| Monaco | Europe |
| Nauru | Oceania |
| North Korea | Asia |
| Palau | Oceania |
| Samoa | Oceania |
| San Marino | Europe |
| São Tomé and Príncipe | Africa |
| Solomon Islands | Oceania |
| South Sudan | Africa |
| Timor-Leste | Asia |
| Tonga | Oceania |
| Tuvalu | Oceania |
| Vanuatu | Oceania |
| Vatican City | Europe |
| Yemen | Asia |
By region
Territories
The following de facto states do not maintain stock exchanges:
- Abkhazia
- Kosovo
- Northern Cyprus
- Sahrawi Arab Democratic Republic
- Somaliland
- South Ossetia
- Transnistria
Caribbean
The following Caribbean countries are served by the Eastern Caribbean Securities Exchange (ECSE), based in Basseterre, Saint Kitts and Nevis, and therefore there is no individual stock exchange on their territories:
- Anguilla (BOT)
- Antigua and Barbuda
- Dominica
- Grenada
- Montserrat (BOT)
- Saint Lucia
- Saint Vincent and the Grenadines
Central Africa
The following Central African countries are served by the Bourse des valeurs mobilières de l'Afrique centrale (BVMAC), based in Douala, Cameroon, and therefore there is no individual stock exchange on their territories:
- Republic of Congo
- Equatorial Guinea
- Chad
- Gabon
- Central African Republic
West Africa
The following West African countries are served by the Bourse Régionale des Valeurs Mobilières (BVRM), based in Abidjan, Côte d'Ivoire, and therefore there is no individual stock exchange on their territories:
- Benin
- Burkina Faso
- Guinea Bissau
- Mali
- Niger
- Senegal
- Togo
See also
- List of ASEAN stock exchanges by market capitalization
- List of stock exchanges
- Stock exchanges of small economies
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