The Baltic States' stock market has shown growth in market capitalization over the years, but with a decrease in the number of listed companies. The research analyzed stock market development from 2008 to 2021 and found a gap in market capitalization, mainly in Latvia. Lithuania saw larger companies leaving the stock market, while Estonia experienced an increase in market capitalization and the average value of newly listed companies. This trend could negatively impact the economic environment and access to funding in Latvia.