Nowadays, List of countries by stock market capitalization has become a topic of interest and debate in different areas. Its relevance ranges from politics, economy, society, environment, technology, science and culture. List of countries by stock market capitalization significantly impacts people's daily lives and decision-making worldwide. In this article, we will explore different aspects related to List of countries by stock market capitalization and its influence in various contexts, as well as its evolution over time. Additionally, we will discuss the role List of countries by stock market capitalization plays today and how it is expected to influence the future.
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 | 4,868,508 | 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 |