In today's world, List of countries by stock market capitalization is still a topic of great relevance and debate. Whether due to its impact on society, its influence on popular culture or its importance in everyday life, List of countries by stock market capitalization continues to be a topic of interest for people of all ages and backgrounds. From its origins to its evolution today, List of countries by stock market capitalization has been the subject of numerous studies, analyzes and discussions that seek to better understand its scope and meaning. In this article, we will explore different aspects of List of countries by stock market capitalization and examine its importance in the current context.
The following list sorts countries by the total market capitalization of all domestic companies 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.
Country / Territory | Total market cap (in mil. US$) |
Total market cap (% of GDP) |
Number of domestic companies listed |
Year |
---|---|---|---|---|
United States | 49,653,000 | 194.5 | 4,266 | 2023 |
China | 10,889,318 | 65.1 | 4,154 | 2023 |
Japan | 5,474,985 | 126.7 | 3,754 | 2023 |
India | 4,818,508 | 120 | 5,376 | 2024 |
Hong Kong | 3,966,952 | 1,262.6 | 2,353 | 2023 |
France | 2,823,000 | 84.9 | 457 | 2022 |
United Kingdom | 2,821,000 | 100 | 1,858 | 2022 |
Canada | 2,641,455 | 160.7 | 3,922 | 2020 |
Saudi Arabia | 2,429,102 | 347.0 | 207 | 2020 |
Germany | 2,284,109 | 60.0 | 438 | 2020 |
South Korea | 2,176,190 | 133.5 | 2,318 | 2020 |
Taiwan | 2,007,560 | 267.1 | 1,627 | 2021 |
Switzerland | 2,001,603 | 267.6 | 236 | 2020 |
Iran | 1,743,023 | 475 | 367 | 2023 |
Australia | 1,720,556 | 129.3 | 1,902 | 2020 |
Netherlands | 1,597,215 | 132.3 | 103 | 2023 |
South Africa | 1,051,529 | 348.3 | 264 | 2020 |
Brazil | 988,374 | 68.4 | 345 | 2020 |
Sweden | 913,163 | 230.4 | 832 | 2023 |
Spain | 909,175 | 43.3 | 2,711 | 2020 |
Indonesia | 757,792 | 46.9 | 713 | 2023 |
Italy | 747,438 | 36.5 | 290 | 2023 |
Russia | 694,739 | 46.8 | 213 | 2020 |
Denmark | 670,282 | 187.5 | 178 | 2023 |
Singapore | 652,615 | 191.9 | 459 | 2020 |
Thailand | 543,164 | 108.2 | 743 | 2020 |
Malaysia | 436,538 | 129.7 | 927 | 2020 |
Mexico | 399,617 | 37.1 | 140 | 2020 |
Belgium | 321,094 | 59.1 | 117 | 2018 |
Norway | 295,549 | 72.9 | 186 | 2019 |
United Arab Emirates | 294,832 | 58.6 | 130 | 2020 |
Philippines | 272,790 | 75.5 | 268 | 2020 |
Israel | 262,062 | 65.2 | 426 | 2020 |
Turkey | 237,474 | 33.0 | 586 | 2022 |
Vietnam | 186,009 | 68.6 | 745 | 2020 |
Chile | 184,549 | 73.0 | 194 | 2020 |
Poland | 177,508 | 29.9 | 782 | 2020 |
Qatar | 165,394 | 113.0 | 47 | 2020 |
New Zealand | 132,198 | 62.2 | 122 | 2020 |
Austria | 132,083 | 30.8 | 68 | 2020 |
Ireland | 110,154 | 28.5 | 42 | 2023 |
Colombia | 106,315 | 39.2 | 65 | 2020 |
Kuwait | 105,987 | 86.7 | 163 | 2020 |
Bangladesh | 89,774 | 27.7 | 628 | 2020 |
Peru | 87,092 | 43.1 | 199 | 2020 |
Morocco | 65,575 | 58.1 | 75 | 2020 |
Portugal | 61,934 | 25.6 | 40 | 2018 |
Nigeria | 56,569 | 13.1 | 177 | 2020 |
Luxembourg | 51,568 | 70.4 | 29 | 2020 |
Greece | 50,986 | 26.9 | 171 | 2020 |
Kazakhstan | 45,202 | 26.6 | 94 | 2020 |
Egypt | 41,351 | 11.4 | 240 | 2020 |
Argentina | 39,394 | 8.8 | 91 | 2019 |
Nepal | 39,394 | 89 | 91 | 2019 |
Pakistan | 32,567 | 15.2 | 557 | 2011 |
Hungary | 27,971 | 18.0 | 45 | 2020 |
Czech Republic | 26,614 | 10.9 | 20 | 2020 |
Romania | 25,513 | 10.3 | 81 | 2020 |
Bahrain | 24,608 | 69.9 | 42 | 2020 |
Croatia | 22,230 | 39.7 | 104 | 2020 |
Kenya | 21,398 | 21.6 | 60 | 2020 |
Finland | 20,344 | 10.3 | 134 | 2004 |
Jordan | 18,205 | 41.7 | 179 | 2020 |
Bulgaria | 17,711 | 25.6 | 259 | 2020 |
Oman | 16,481 | 22.4 | 111 | 2020 |
Sri Lanka | 15,982 | 19.8 | 283 | 2020 |
Panama | 13,938 | 26.3 | 34 | 2020 |
Jamaica | 11,701 | 84.7 | 89 | 2020 |
Ghana | 9,247 | 12.8 | 31 | 2020 |
Tunisia | 8,572 | 21.8 | 80 | 2020 |
Slovenia | 8,449 | 16.0 | 27 | 2020 |
Ivory Coast | 7,331 | 12.0 | 46 | 2020 |
Lebanon | 6,703 | 20.1 | 10 | 2020 |
Tanzania | 6,482 | 10.4 | 22 | 2020 |
Mauritius | 6,160 | 56.4 | 93 | 2020 |
Slovakia | 5,377 | 5.3 | 67 | 2014 |
Malta | 5,081 | 34.7 | 27 | 2020 |
Cyprus | 4,693 | 19.7 | 92 | 2020 |
Ukraine | 4,415 | 3.4 | 78 | 2018 |
Serbia | 4,056 | 8.2 | ... | 2011 |
Venezuela | 3,980 | 4.3 | 37 | 2002 |
Trinidad and Tobago | 3,889 | 44.1 | 26 | 2001 |
Montenegro | 3,787 | 92.6 | 112 | 2012 |
Palestine | 3,447 | 22.2 | 46 | 2020 |
Rwanda | 3,214 | 31.0 | 4 | 2019 |
Cambodia | 3,200 | 10.0 | 7 | 2023 |
Zambia | 3,184 | 13.6 | 23 | 2011 |
Barbados | 2,780 | 63.7 | 15 | 2020 |
Zimbabwe | 2,461 | 35.9 | 69 | 1999 |
Costa Rica | 1,901 | 3.1 | 10 | 2020 |
Namibia | 1,867 | 17.5 | 13 | 2020 |
Papua New Guinea | 1,682 | 7.4 | 6 | 2017 |
Belarus | 1,239 | 2.6 | 12 | 2016 |
Seychelles | 1,137 | 71.9 | 40 | 2019 |
Botswana | 978 | 16.9 | 26 | 2000 |
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 |
Eswatini | 234 | 6.8 | 6 | 2007 |
Bermuda | 220 | 39.6 | 13 | 2020 |
Year | World market cap (in mil. US$) |
World market cap (% of GDP) |
Number of listed companies |
---|---|---|---|
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 | 43,554 |
2019 | 78,825,583 | 108.4 | 43,248 |
2020 | 93,686,226 | 134.7 |