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List of countries by stock market capitalization

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World map of stock market capitalization by country
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>= $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 Stock market capitalization by country.svg
World map of stock market capitalization by country
  •   ≥ $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 [1] 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. [2]

Contents

Ranking

Country / TerritoryTotal market capNumber of
domestic
companies [3]
Data
Year
millions
of US$ [4] [5]
% of
GDP [6] [7]
Flag of the United States (23px).png  United States 69,000,000219.14,6002026
Flag of the People's Republic of China.svg  China 16,340,00079.25,4622026
Flag of Japan.svg  Japan 8,080,000172.43,9332026
Flag of Hong Kong.svg  Hong Kong 6,490,0001,4842,6732026
Flag of India.svg  India 5,130,000114.75,8382026
Flag of the United Kingdom.svg  United Kingdom 4,170,00098.61,9002026
Flag of Canada (Pantone).svg  Canada 3,850,000157.83,8002026
Flag of South Korea.svg  South Korea 3,760,0001902,4462026
Flag of France.svg  France 3,690,000103.34572026
Flag of the Republic of China.svg  Taiwan 3,320,000381.79802026
Flag of Germany.svg  Germany 3,150,00059.84352026
Flag of Saudi Arabia.svg  Saudi Arabia 2,550,0002503522026
Flag of Switzerland (Pantone).svg  Switzerland 2,200,0001952502026
Flag of the Netherlands.svg  Netherlands 2,100,0001551352026
Flag of Australia (converted).svg  Australia 2,090,000102.42,2452026
Flag of Spain.svg  Spain 1,960,000552772026
Flag of Sweden.svg  Sweden 1,410,0001451,0502026
Flag of South Africa.svg  South Africa 1,230,000291.62202026
Flag of the United Arab Emirates.svg  United Arab Emirates 1,140,000208.51722026
Flag of Brazil.svg  Brazil 970,00034.74682026
Flag of Italy.svg  Italy 950,00032.12902026
Flag of Indonesia.svg  Indonesia 940,00066.49542026
Flag of Belgium (civil).svg  Belgium 870,000106.31172026
Flag of Singapore.svg  Singapore 820,000116.54002026
Flag of Russia.svg  Russia 650,50031.41942026
Flag of Denmark.svg  Denmark 650,000156.81782026
Flag of Mexico.svg  Mexico 611,00022.51292026
Flag of Thailand.svg  Thailand 568,00098.78602026
Flag of Israel.svg  Israel 565,00061.25112026
Flag of Norway.svg  Norway 515,00073.41802026
Flag of Malaysia 23px.svg  Malaysia 508,000106.51,0312026
Flag of Finland.svg  Finland 390,00095.91342026
Flag of the Philippines.svg  Philippines 345,00054.62802026
Flag of Vietnam.svg  Vietnam 310,00051.23932026
Flag of Chile.svg  Chile 305,00079.34372026
Flag of Turkey.svg  Turkey 285,00028.65512026
Flag of Ireland.svg  Ireland 298,00024.7432026
Flag of Poland.svg  Poland 292,00021.67492026
Flag of Qatar.svg  Qatar 288,00079.7522026
Flag of Austria.svg  Austria 224,50023.2682026
Flag of Iran.svg  Iran 170,50039.35942026
Flag of Kuwait.svg  Kuwait 155,47588.31382026
Flag of Portugal (official).svg  Portugal 111,00036.1402026
Flag of New Zealand.svg  New Zealand 100,50035.71122026
Flag of Bangladesh.svg  Bangladesh 87,94219.56912024
Flag of Morocco.svg  Morocco 86,58648.2762025
Flag of Greece.svg  Greece 83,19932.41432024
Flag of Peru.svg  Peru 82,19628.41762024
Flag of Romania.svg  Romania 77,18812.4832025
Flag of Colombia.svg  Colombia 72,63817.4602024
Flag of Kazakhstan.svg  Kazakhstan 63,85121.8792025
Flag of Oman.svg  Oman 58,93220.31102025
Flag of Argentina.svg  Argentina 52,9488.4852022
Flag of Pakistan.svg  Pakistan 49,98614.05302025
Flag of Hungary.svg  Hungary 45,50818.6682024
Flag of Nigeria.svg  Nigeria 45,03629.01692025
Flag of Egypt.svg  Egypt 44,80110.92462025
Flag of Luxembourg.svg  Luxembourg 41,86244.9282024
Flag of Nepal.svg  Nepal 30,372692612026
Flag of the Czech Republic.svg  Czech Republic 34,62110.0252024
Flag of Croatia.svg  Croatia 30,58630.1812025
Flag of Jordan.svg  Jordan 26,78446.71622025
Flag of Lebanon.svg  Lebanon 24,44745.7102025
Flag of Iceland.svg  Iceland 21,48068.3342025
Flag of Bahrain.svg  Bahrain 20,18842.8392025
Flag of Sri Lanka.svg  Sri Lanka 19,68919.72842025
Flag of Uzbekistan.svg  Uzbekistan 18,74416.4892025
Flag of Panama.svg  Panama 18,28821.2362024
Flag of Cote d'Ivoire.svg  Ivory Coast 16,23416.7462025
Flag of Kenya.svg  Kenya 16,07112.0592025
Flag of Slovenia.svg  Slovenia 14,09415.8182025
Flag of Jamaica.svg  Jamaica 12,42962.41012024
Flag of Tunisia.svg  Tunisia 8,83615.5742025
Flag of Ecuador.svg  Ecuador 8,3406.9262023
Flag of Ghana.svg  Ghana 8,2319.1302025
Flag of Zambia.svg  Zambia 7,76529.5202024
Flag of Tanzania.svg  Tanzania 7,3209.3222024
Flag of Mauritius.svg  Mauritius 7,05261.0932025
Flag of Bulgaria.svg  Bulgaria 6,5017.52042025
Flag of Cyprus.svg  Cyprus 6,26430.1932025
Flag of North Macedonia.svg North Macedonia 6,11137.02025
Flag of Belarus.svg  Belarus 6,0117.9122024
Flag of Estonia.svg Estonia 5,74512.8142025
Flag of Lithuania.svg Lithuania 5,4776.2452025
Flag of Bosnia and Herzegovina.svg Bosnia and Herzegovina 5,29320.22023
Flag of Armenia.svg  Armenia 4,84718.8122024
Flag of Ukraine.svg  Ukraine 4,4153.4782018
Flag of Malta.svg  Malta 4,28817.6342024
Flag of Serbia.svg  Serbia 4,2084.82025
Flag of Palestine.svg  Palestine 4,01929.8482025
Flag of Montenegro.svg  Montenegro 3,91952.01122025
Flag of Botswana.svg  Botswana 3,89718.5232025
Flag of Algeria.svg  Algeria 3,8890.22025
Flag of Malawi.svg Malawi 3,60040.72025
Flag of Mozambique.svg Mozambique 3,20313.72025
Flag of Barbados.svg  Barbados 2,78053.8152020
Flag of Rwanda.svg  Rwanda 2,75519.352025
Flag of Georgia.svg Georgia 2,6080.12025
Flag of Slovakia.svg  Slovakia 2,5071.8672025
Flag of Namibia.svg  Namibia 2,48018.5122024
Flag of Costa Rica.svg  Costa Rica 2,2323.292022
Flag of Bermuda.svg  Bermuda 1,92821.5102024
Flag of Kyrgyzstan.svg Kyrgyzstan 1,8479.32025
Flag of Papua New Guinea.svg  Papua New Guinea 1,6827.462017
Flag of Azerbaijan.svg  Azerbaijan 1,6352.2362024
Flag of Syria (2025-).svg Syria 1,4005.92024
Flag of Seychelles.svg  Seychelles 81137.4232024
Flag of the Cayman Islands.svg  Cayman Islands 64411.442020
Flag of Latvia.svg Latvia 4081.0562025
Flag of Myanmar.svg Myanmar 3252025
Flag of Sudan.svg Sudan 2310.92021
Flag of Laos.svg Laos 832025
Flag of Mongolia.svg Mongolia 0.38816.22025

Historical development of world market cap

YearWorld market capNumber of
listed
companies
Millions
of US$ [8]
% of GDP [9]
19751,149,24527.214,577
19802,525,73629.617,273
19854,684,97847.020,555
19909,519,10750.823,732
199111,340,78556.824,666
199210,819,25650.224,947
199313,897,39061.728,300
199414,639,92460.930,290
199517,263,72864.033,379
199619,806,69172.335,617
199722,029,76180.736,946
199824,555,20189.637,928
199933,181,159115.138,414
200030,925,434101.139,892
200126,792,16288.440,157
200222,802,79272.738,894
200331,107,42584.941,051
200436,540,98089.238,724
200540,512,44692.639,096
200650,074,966106.143,104
200760,456,082114.044,034
200832,418,51656.243,949
200947,471,29383.842,669
201054,259,51887.343,427
201147,521,34168.844,323
201254,503,23778.443,772
201364,367,84289.044,853
201467,177,25490.345,743
201562,268,18494.543,983
201665,117,71497.143,806
201779,501,948111.143,440
201868,893,04491.945,050
201978,825,583108.449,921
202093,686,226133.449,839
2021111,159,259131.851,337
202293,688,922106.247,926
2023101,497,71694.953,298
2024120,809,774107.853,601
2025136,287,177-60,392

See also

References

  1. "World Bank Open Data". World Bank Open Data. Retrieved 2025-04-30.
  2. "What Is Market Capitalization?". Investopedia. Retrieved 2021-09-20.
  3. "Listed domestic companies, total | Data". data.worldbank.org. Retrieved 2021-09-20.
  4. "Market capitalization of listed domestic companies (current US$)". World Bank. Retrieved 2024-06-16.
  5. "Market Capitalization | Economic Indicators | CEIC". www.ceicdata.com. Retrieved 2025-08-05.
  6. "Market capitalization of listed domestic companies (% of GDP)". World Bank. Retrieved 2024-06-16.
  7. "Market Capitalization to GDP | Economic Indicators | CEIC". www.ceicdata.com. Retrieved 2025-08-05.
  8. "Dashboard: October 2025 - Focus | The World Federation of Exchanges". focus.world-exchanges.org. Retrieved 2025-10-10.
  9. "World Bank Open Data". World Bank Open Data. Retrieved 2025-10-10.
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