The value of global domestic equity market increased from 65.04 trillion U.S. dollars in 2013 to 111 trillion U.S. dollars in 2023. The United States was by far the leading country with the largest share of total world stocks as of 2023. Global market capitalization in different regions The market capitalization of domestic companies listed varied across different regions of the world. As of Decmber 2023, the Americas region had the largest domestic equity market, totaling 54 trillion U.S. dollars. This region is home to the NYSE and Nasdaq, which are the two largest stock exchange operators in the world. The market capitalization of these two exchanges alone exceeded 48 billion U.S. dollars as of December 2023, larger than the market capitalization in the Asia-Pacific (34 trillion U.S. dollars) and EMEA (23 trillion U.S. dollars) regions in the same period. Largest Stock Exchanges in Latin America As of December 2023, the B3 (Brasil Bolsa Balcao) was the biggest stock exchange in Latin America in terms of market capitalization and number of listed companies. Following the B3 were the Mexican Stock Exchange and the Santiago Stock Exchange in Chile. Moreover, the B3 also facilitated the trading of Petrobras, the largest Latin American company, with a market capitalization of nearly 95 billion U.S. dollars as of the same period.

The New York Stock Exchange (NYSE) is the largest stock exchange in the world, with an equity market capitalization of just below 32 trillion U.S. dollars as of January 2025. The following three exchanges were the NASDAQ, Shanghai Stock Exchange, and the Japan Exchange Group. What is a stock exchange? A stock exchange is a marketplace where stockbrokers, traders, buyers, and sellers can trade in equities products. The largest exchanges have thousands of listed companies. These companies sell shares of their business, giving the general public the opportunity to invest in them. The oldest stock exchange worldwide is the Frankfurt Stock Exchange, founded in the late sixteenth century. Other functions of a stock exchange Since these are publicly traded companies, every firm listed on a stock exchange has had an initial public offering (IPO). The largest IPOs can raise billions of dollars in equity for the firm involved. Related to stock exchanges are derivatives exchanges, where stock options, futures contracts, and other derivatives can be traded.

Graph and download economic data for Stock Market Capitalization to GDP for World (DISCONTINUED) (DDDM011WA156NWDB) from 1975 to 2015 about market cap, stock market, capital, and GDP.

Key information about United States Market Capitalization: % of GDP

• United States Market Capitalization accounted for 155.0 % of its Nominal GDP in Dec 2022, compared with a percentage of 205.0 % in the previous year
• US Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1975 to Dec 2022
• The data reached an all-time high of 205.0 % in Dec 2021 and a record low of 36.7 % in Dec 1978

The World Bank provides annual Market Capitalization as % of Nominal GDP. Market Capitalization includes domestic companies listed at the end of the year and excludes investment companies, mutual funds and other collective investment vehicles

Graph and download economic data for Stock Market Total Value Traded to GDP for Montenegro (DDDM02MEA156NWDB) from 2007 to 2012 about Montenegro, market cap, stock market, trade, and GDP.

Key information about United States Market Capitalization

• United States Market Capitalization accounted for 40,297.980 USD bn in Dec 2022, compared with a percentage of 48,548.538 USD bn in the previous year
• US Market Capitalization is updated yearly, available from Dec 1975 to Dec 2022
• The data reached an all-time high of 48,548.538 USD bn in Dec 2021 and a record low of 703.800 USD bn in Dec 1975

The World Bank provides annual Market Capitalization in USD. Market Capitalization includes domestic companies listed at the end of the year and excludes investment companies, mutual funds and other collective investment vehicles.

The main stock market index in the United States (US500) decreased 176 points or 2.99% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from United States. United States Stock Market Index - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Indonesia (DDAM02IDA156NWDB) from 1998 to 2017 about Indonesia, market cap, companies, and stock market.

The Nasdaq stock exchange has experienced remarkable growth in its domestic market capitalization, reaching a peak of 30.77 trillion U.S. dollars in January 2025. This milestone underscores the exchange's significant role in the global financial landscape and its ability to attract and retain high-value companies. As the second-largest stock exchange operator in the United States, Nasdaq's performance serves as a key indicator of overall market health and investor confidence.

Graph and download economic data for Stock Market Total Value Traded to GDP for Indonesia (DDDM02IDA156NWDB) from 1993 to 2020 about Indonesia, market cap, stock market, trade, and GDP.

Graph and download economic data for Stock Market Total Value Traded to GDP for Lebanon (DDDM02LBA156NWDB) from 1996 to 2020 about Lebanon, market cap, stock market, trade, and GDP.

Graph and download economic data for Stock Market Total Value Traded to GDP for Peru (DDDM02PEA156NWDB) from 1993 to 2020 about Peru, market cap, stock market, trade, and GDP.

Graph and download economic data for Stock Market Total Value Traded to GDP for China (DDDM02CNA156NWDB) from 1993 to 2020 about market cap, stock market, China, trade, and GDP.

The average for 2022 based on 5 countries was 254.46 billion U.S. dollars. The highest value was in Brazil: 794.42 billion U.S. dollars and the lowest value was in Argentina: 52.95 billion U.S. dollars. The indicator is available from 1975 to 2022. Below is a chart for all countries where data are available.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for China (DDAM02CNA156NWDB) from 2001 to 2020 about market cap, companies, stock market, and China.

Key information about Thailand Market Capitalization

• Thailand Market Capitalization accounted for 559.223 USD bn in Jul 2023, compared with a percentage of 521.524 USD bn in the previous month
• Thailand Market Capitalization is updated monthly, available from Jan 1995 to Jul 2023
• The data reached an all-time high of 621.517 USD bn in Jan 2023 and a record low of 17.411 USD bn in Aug 1998

CEIC calculates monthly Market Capitalization as the sum of the Market Capitalizations of Common and Preferred Stocks and converts it into USD. The Stock Exchange of Thailand provides Market Capitalization in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.

Graph and download economic data for Stock Market Total Value Traded to GDP for Croatia (DDDM02HRA156NWDB) from 1995 to 2019 about Croatia, market cap, stock market, trade, and GDP.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Colombia (DDAM02COA156NWDB) from 2003 to 2020 about Colombia, market cap, companies, and stock market.

As of Janaury 2025, the New York Stock Exchange (NYSE) and the Nasdaq - the two largest stock exchange operators in the United States - held a combined market capitalization for domestic listed companies of over 62 trillion U.S. dollars. Both markets were almost evenly sized at this point in time - at approximately 32 and 30 trillion U.S. dollars, respectively. However, the Nasdaq has grown much quicker than the NYSE since January 2018, when their respective domestic market caps were 23 and 11 trillion U.S. dollars. Much of this can be attributed to the success of information technology stocks during the global coronavirus (COVID-19) pandemic, as the Nasdaq is the traditional venue for companies operating in the tech sector.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Cyprus (DDAM02CYA156NWDB) from 2004 to 2020 about Cyprus, market cap, companies, and stock market.