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]
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 | 12,009,242 [5] | 65.1 | 5,363 [6] | 2024 |
Japan | 6,245,880 [7] | 146.2 [8] | 3,865 | 2024 |
India | 5,663,221 [9] | 140.1 | 5,451 [10] | 2024 |
Hong Kong | 4,746,241 [11] | 1262.6 | 2,414 | 2024 |
Canada | 3,463,403 | 160.7 | 3,534 | 2024 |
France | 3,459,821 | 84.9 | 457 | 2024 |
United Kingdom | 3,043,410 [12] | 360.2 | 1,646 | 2024 |
Saudi Arabia | 2,694,060 | 347.0 | 269 | 2024 |
Germany | 2,182,882 [13] | 60 | 429 | 2024 |
Taiwan | 2,042,603 | 297.1 | 1,627 | 2024 |
Australia | 1,723,639 | 129.3 | 1,976 | 2024 |
Netherlands | 1,705,355 [14] | 132.3 | 103 | 2024 |
South Korea | 1,684,779 | 94.5 | 2,446 | 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 |
Indonesia | 778,620 [19] | 46.3 | 903 | 2024 |
Italy | 747,438 [20] | 36.5 | 290 | 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 | 357.857 | 36.4 | 461 | 2024 |
Chile | 285,232 | 94.8 | 400 | 2022 |
Finland | 269,681 [24] | 87.5 | 134 | 2024 |
Israel | 269,637 | 51.4 | 518 | 2022 |
Vietnam | 246,700 [25] | 62 | 402 | 2023 |
Philippines | 238,581 | 59.0 | 283 | 2022 |
Qatar | 166,776 | 70.6 | 47 | 2022 |
Kuwait | 152,683 | 87.1 | 148 | 2022 |
Poland | 147,657 | 21.5 | 773 | 2022 |
Bangladesh | 124,000 [26] | 27.7 | 987 [27] [28] | 2024 |
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 [29] | 25.6 | 40 | 2024 |
Nigeria | 91,439 | 19.3 | 173 | 2022 |
Romania | 73,267 [30] | 18.3 | 87 | 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 |
Egypt | 41,351 | 8.1 | 239 | 2020 |
Nepal | 36,000 | 82.7 | 244 | 2024 |
Pakistan | 32,000 | 7.7 | 523 | 2024 |
Botswana | 31,024 | 152.4 | 23 | 2022 |
Bahrain | 30,262 | 68.2 | 42 | 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 [31] | 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 |
Ecuador | 8,340 [32] | 7.0 | 300 [33] | 2023 |
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 |
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 |
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 | 106.2 |
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