Capital Markets Union: Key Performance Indicators 2025

In November 2025, the Association for Financial Markets in Europe (AFME), together with eleven European and international organisations, published the eighth edition of the Capital Markets Union – Key Performance Indicators report. The report tracks the EU’s progress in deepening its capital markets, compares performance with global peers, and analyses trends across Member States using nine indicators grouped into four categories.

Test your knowledge in our CMU KPI quiz