List of countries by stock market capitalization
- ≥ $5 trillion
- $2 trillion–$5 trillion
- $1 trillion–$2 trillion
- $750 billion–$1 trillion
- $500 billion–$750 billion
- $250 billion–$500 billion
- $100 billion–$250 billion
- $50 billion–$100 billion
- $25 billion–$50 billion
- $10 billion–$25 billion
- $5 billion–$10 billion
- $1 billion–$5 billion
- < $1 billion
- Data unavailable
The following list sorts countries by the total market capitalization of all domestic companies[clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares.[1]
Ranking[edit]
| Country / Territory | Total market cap | Number of domestic companies listed[2] | Year | |
|---|---|---|---|---|
| (in millions of US$)[3] | (as a % of GDP)[4] | |||
 United States | 54,000,000 | 194.5 | 4,642 | 2024 |
 China | 10,776,170[5] | 65.1[6] | 11,497 | 2024 |
 Japan | 6,285,886[7] | 126.7[8] | 3,865 | 2024 |
 India | 5,180,000[9] | 120 | 5,376 | 2024 |
 France | 4,118,528 | 84.9 | 457 | 2024 |
 Hong Kong | 4,096,918[10] | 1,262.6[11] | 2,414 | 2024 |
 Saudi Arabia | 2,875,417 | 347.0 | 269 | 2024 |
 United Kingdom | 2,584,785 | 100 | 1,646 | 2024 |
 Canada | 2,542,942 | 160.7 | 3,534 | 2024 |
 Germany | 2,182,882[12] | 60 | 429 | 2024 |
 Taiwan | 2,020,445 | 267.1 | 1,627 | 2024 |
 South Korea | 1,884,779 | 133.5 | 2,446 | 2024 |
 Iran | 1,743,023[13] | 390.1 | 546 | 2023 |
 Australia | 1,723,639 | 129.3 | 1,976 | 2024 |
 Netherlands | 1,705,355[14] | 132.3 | 103 | 2024 |
 Switzerland | 1,640,242 | 267.6 | 236 | 2024 |
 Spain | 1,334,656[15] | 82.2 | 1,472 | 2024 |
 South Africa | 1,230,120 | 348.3 | 237 | 2023 |
 Sweden | 1,009,218[16] | 162 | 832 | 2024 |
 United Arab Emirates | 873,562 | 172.3 | 153 | 2022 |
 Brazil | 863,490[17] | 68.4 | 361 | 2024 |
 Denmark | 799,695[18] | 195 | 178 | 2024 |
 Italy | 747,438[19] | 36.5 | 290 | 2023 |
 Indonesia | 727,131[20] | 46.3 | 825 | 2023 |
 Belgium | 715,694[21] | 108.8[22] | 117 | 2023 |
 Singapore | 619,361 | 132.7 | 425 | 2022 |
 Thailand | 604,355 | 122.0 | 810 | 2022 |
 Russia | 530,104 | 46.8 | 195 | 2022 |
 Mexico | 454,370 | 31.0 | 133 | 2022 |
 Malaysia | 381,207 | 93.7 | 963 | 2022 |
 Norway | 377,933[23] | 71.7 | 340 | 2024 |
 Turkey | 330,011 | 36.4 | 461 | 2022 |
 Chile | 285,232 | 94.8 | 400 | 2022 |
 Finland | 269,681[24] | 87.5 | 134 | 2024 |
 Israel | 269,637 | 51.4 | 518 | 2022 |
 Philippines | 238,581 | 59.0 | 283 | 2022 |
 Vietnam | 170,152 | 41.6 | 402 | 2022 |
 Qatar | 166,776 | 70.6 | 47 | 2022 |
 Kuwait | 152,683 | 87.1 | 148 | 2022 |
 Poland | 147,657 | 21.5 | 773 | 2022 |
 Austria | 123,048 | 26.1 | 66 | 2022 |
 Ireland | 110,154 | 28.5 | 42 | 2023 |
 New Zealand | 97,545 | 39.3 | 123 | 2022 |
 Portugal | 97,453[25] | 25.6 | 40 | 2024 |
 Nigeria | 91,439 | 19.3 | 173 | 2022 |
 Romania | 73,267[26] | 18.3 | ... | 2024 |
 Peru | 71,314 | 29.4 | 186 | 2022 |
 Colombia | 68,412 | 19.9 | 65 | 2022 |
 Greece | 59,035 | 27.1 | 154 | 2022 |
 Morocco | 53,706 | 41.0 | 75 | 2022 |
 Argentina | 52,948 | 8.4 | 91 | 2022 |
 Luxembourg | 50,897 | 62.3 | 28 | 2020 |
 Kazakhstan | 45,768 | 20.3 | 92 | 2020 |
 Bangladesh | 42,894 | 27.7 | 354 | 2022 |
 Egypt | 41,351 | 8.1 | 239 | 2020 |
 Pakistan | 32,000 | 7.7 | 523 | 2024 |
 Botswana | 31,024 | 152.4 | 23 | 2022 |
 Bahrain | 30,262 | 68.2 | 42 | 2022 |
| Romania | 28,984 | 9.6 | 81 | 2022 |
 Czech Republic | 28,809 | 9.9 | 24 | 2022 |
 Jordan | 25,429 | 52.3 | 170 | 2022 |
 Hungary | 23,867 | 13.5 | 62 | 2022 |
 Oman | 22,267 | 19.4 | 110 | 2022 |
 Iceland | 19,466[27] | 61.6 | ... | 2024 |
 Croatia | 19,335 | 27.0 | 91 | 2022 |
 Trinidad and Tobago | 17,700 | 72.0 | 35 | 2018 |
 Kenya | 16,107 | 14.2 | 59 | 2022 |
 Bulgaria | 15,704 | 17.4 | 201 | 2022 |
 Panama | 15,628 | 20.4 | 34 | 2022 |
 Jamaica | 13,053 | 76.3 | 95 | 2022 |
 Sri Lanka | 10,598 | 14.2 | 290 | 2022 |
 Lebanon | 10,577 | 45.7 | 10 | 2021 |
 Mauritius | 8,567 | 66.2 | 89 | 2022 |
 Slovenia | 8,171 | 13.6 | 24 | 2022 |
 Tunisia | 7,753 | 16.7 | 82 | 2022 |
 Ivory Coast | 7,331 | 12.0 | 46 | 2022 |
 Tanzania | 6,697 | 8.8 | 22 | 2022 |
 Cyprus | 6,533 | 22.3 | 92 | 2022 |
 Ghana | 6,464 | 8.8 | 31 | 2022 |
 Slovakia | 5,377 | 5.3 | 67 | 2014 |
 Uzbekistan | 5,194 | 7.5 | 2021 | |
 Palestine | 4,896 | 25.6 | 49 | 2022 |
 Ukraine | 4,415 | 3.4 | 78 | 2018 |
 Malta | 4,358 | 24.0 | 27 | 2022 |
 Zambia | 4,037 | 13.8 | 22 | 2022 |
 Serbia | 4,056 | 8.2 | ... | 2011 |
 Venezuela | 3,980 | 4.3 | 37 | 2002 |
 Montenegro | 3,787 | 92.6 | 112 | 2012 |
 Rwanda | 3,444 | 25.9 | 5 | 2022 |
 Cambodia | 3,200 | 10.0 | 7 | 2023 |
 Barbados | 2,780 | 63.7 | 15 | 2020 |
 Belarus | 2,497 | 3.4 | 14 | 2022 |
 Zimbabwe | 2,461 | 35.9 | 69 | 1999 |
 Costa Rica | 2,232 | 3.2 | 9 | 2022 |
 Namibia | 2,159 | 16.7 | 13 | 2022 |
 Papua New Guinea | 1,682 | 7.4 | 6 | 2017 |
 Azerbaijan | 1,468 | 1.9 | 29 | 2022 |
 Seychelles | 1,216 | 76.5 | 46 | 2022 |
 Ecuador | 747 | 4.1 | 26 | 2000 |
 Cayman Islands | 644 | 6.4 | 4 | 2020 |
 Algeria | 371 | 0.2 | ... | 2018 |
 Paraguay | 313 | 3.5 | 55 | 1999 |
 Uruguay | 284 | 1.4 | 17 | 1996 |
 Armenia | 253 | 1.3 | 12 | 2022 |
 Eswatini | 234 | 6.8 | 6 | 2007 |
 Bermuda | 207 | 2.7 | 13 | 2022 |
Historical development of world market cap[edit]
| Year | World market cap | Number of listed companies | |
|---|---|---|---|
| Millions of US$ | % of GDP | ||
| 1975 | 1,149,245 | 27.2 | 14,577 |
| 1980 | 2,525,736 | 29.6 | 17,273 |
| 1985 | 4,684,978 | 47.0 | 20,555 |
| 1990 | 9,519,107 | 50.8 | 23,732 |
| 1991 | 11,340,785 | 56.8 | 24,666 |
| 1992 | 10,819,256 | 50.2 | 24,947 |
| 1993 | 13,897,390 | 61.7 | 28,300 |
| 1994 | 14,639,924 | 60.9 | 30,290 |
| 1995 | 17,263,728 | 64.0 | 33,379 |
| 1996 | 19,806,691 | 72.3 | 35,617 |
| 1997 | 22,029,761 | 80.7 | 36,946 |
| 1998 | 24,555,201 | 89.6 | 37,928 |
| 1999 | 33,181,159 | 115.1 | 38,414 |
| 2000 | 30,925,434 | 101.1 | 39,892 |
| 2001 | 26,792,162 | 88.4 | 40,157 |
| 2002 | 22,802,792 | 72.7 | 38,894 |
| 2003 | 31,107,425 | 84.9 | 41,051 |
| 2004 | 36,540,980 | 89.2 | 38,724 |
| 2005 | 40,512,446 | 92.6 | 39,096 |
| 2006 | 50,074,966 | 106.1 | 43,104 |
| 2007 | 60,456,082 | 114.0 | 44,034 |
| 2008 | 32,418,516 | 56.2 | 43,949 |
| 2009 | 47,471,293 | 83.8 | 42,669 |
| 2010 | 54,259,518 | 87.3 | 43,427 |
| 2011 | 47,521,341 | 68.8 | 44,323 |
| 2012 | 54,503,237 | 78.4 | 43,772 |
| 2013 | 64,367,842 | 89.0 | 44,853 |
| 2014 | 67,177,254 | 90.3 | 45,743 |
| 2015 | 62,268,184 | 94.5 | 43,983 |
| 2016 | 65,117,714 | 97.1 | 43,806 |
| 2017 | 79,501,948 | 111.1 | 43,440 |
| 2018 | 68,893,044 | 91.9 | 45,050 |
| 2019 | 78,825,583 | 108.4 | 49,921 |
| 2020 | 93,686,226 | 133.4 | 49,839 |
| 2021 | 111,159,259 | 131.8 | 51,337 |
| 2022 | 93,688,922 | ||
See also[edit]
References[edit]
- ^ "What Is Market Capitalization?". Investopedia. Retrieved 2021-09-20.
- ^ "Listed domestic companies, total | Data". data.worldbank.org. Retrieved 2021-09-20.
- ^ "Market capitalization of listed domestic companies (current US$)". World Bank. Retrieved 2024-06-16.
- ^ "Market capitalization of listed domestic companies (% of GDP)". World Bank. Retrieved 2024-06-16.
- ^ "China Market Capitalization, 1995–2023 | CEIC Data". www.ceicdata.com. Retrieved 2023-12-01.
- ^ "China Market Capitalization: % of GDP, 1995–2023 | CEIC Data". www.ceicdata.com. Retrieved 2023-12-01.
- ^ "Japan Market Capitalization, 1957–2023 | CEIC Data". www.ceicdata.com. Retrieved 2023-12-01.
- ^ "Japan Market Capitalization: % of GDP, 1994–2023 | CEIC Data". www.ceicdata.com. Retrieved 2023-12-01.
- ^ "All India Market Capitalization | BSE Listed stocks Market Capitalization". www.bseindia.com. Retrieved 2024-05-21.
- ^ "Hong Kong SAR, China Market Capitalization | 1985 - 2024". www.ceicdata.com. Retrieved 2023-12-01.
- ^ "Hong Kong SAR (China) Market Capitalization: % of GDP, 1985–2023 | CEIC Data". www.ceicdata.com. Retrieved 2023-12-01.
- ^ "Germany Market Capitalization, 2006–2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-12.
- ^ "Iran Market Capitalization, 2006–2023 | CEIC Data". www.ceicdata.com. Retrieved 2023-12-01.
- ^ "Netherlands Market Capitalization, 2002–2023 | CEIC Data". www.ceicdata.com. Retrieved 2023-08-13.
- ^ "Spain Market Capitalization, 2007 – 2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-16.
- ^ "Sweden Market Capitalization, 2006–2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-12.
- ^ "Brazil Market Capitalization, 1995 – 2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-16.
- ^ "Denmark Market Capitalization, 2006–2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-12.
- ^ "Italy Market Capitalization, 1998–2023 | CEIC Data". www.ceicdata.com. Retrieved 2023-08-13.
- ^ "Indonesia Market Capitalization, 1990 – 2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-16.
- ^ "Belgium Market Capitalization, 1990 – 2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-16.
- ^ "Belgium Market Capitalization: % of GDP, 1975 – 2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-16.
- ^ "Norway Market Capitalization, 2006–2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-12.
- ^ "Finland Market Capitalization, 2006–2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-12.
- ^ "Portugal Market Capitalization, 2005 – 2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-16.
- ^ "Romania Market Capitalization, 1997 – 2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-16.
- ^ "Iceland Market Capitalization, 2006 – 2024 | CEIC Data". www.ceicdata.com. Retrieved 2024-06-16.
Economic classification of countries | |||||
|---|---|---|---|---|---|
| Three-World Model | |||||
| Gross domestic product (GDP) |
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| Gross national income (GNI) | |||||
| Wages | |||||
| Wealth | |||||
| Other national accounts | |||||
| Human development | |||||
| Digital divide | |||||
| Net international investment position (NIIP) | |||||
