In 2025, stock markets in the United States accounted for roughly ** percent of world stocks. The next largest country by stock market share was China, followed by the European Union as a whole. The New York Stock Exchange (NYSE) and the NASDAQ are the largest stock exchange operators worldwide. What is a stock exchange? The first modern publicly traded company was the Dutch East Industry Company, which sold shares to the general public to fund expeditions to Asia. Since then, groups of companies have formed exchanges in which brokers and dealers can come together and make transactions in one space. Stock market indices group companies trading on a given exchange, giving an idea of how they evolve in real time. Appeal of stock ownership Over half of adults in the United States are investing money in the stock market. Stocks are an attractive investment because the possible return is higher than offered by other financial instruments.

The New York Stock Exchange (NYSE) is the largest stock exchange in the world, with an equity market capitalization of almost ** trillion U.S. dollars as of June 2025. The following three exchanges were the NASDAQ, PINK Exchange, and the Frankfurt Exchange. 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.

The average for 2022 based on 74 countries was 1244.55 billion U.S. dollars. The highest value was in the USA: 40297.98 billion U.S. dollars and the lowest value was in Bermuda: 0.21 billion U.S. dollars. The indicator is available from 1975 to 2022. Below is a chart for all countries where data are available.

The value of global domestic equity market increased from 65.04 trillion U.S. dollars in 2013 to 124.63 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 2024. Global market capitalization in different regions The market capitalization of domestic companies listed varied across different regions of the world. As of Decmber 2024, the Americas region had the largest domestic equity market, totaling 62 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 60 billion U.S. dollars as of January 2025, larger than the total market capitalization in the Asia-Pacific, and in the EMEA regions in the same period. Largest Stock Exchanges in Latin America As of December 2024, the B3 (Brasil Bolsa Balcao) was the biggest stock exchange in Latin America in terms of market capitalization and the second-largest in terms of number of listed companies. Following the B3 were the Mexican Stock Exchange and the Santiago Stock Exchange in Chile. The most valuable company in Latin America is listed on the Mexican Stock Exchange: Fomento Económico Mexicano, a multinational beverage and retail company headquartered in Monterrey, had market cap of 177 billion U.S. dollars as of March 2025.

The market capitalization of companies in the United States was almost six times than that of China as of June 2025, making up a large share of the world's total market capitalization. Listed companies in the U.S. had a total market capitalization of nearly ** trillion U.S. dollars - against ** trillion U.S. dollars recorded by China. Japan followed as the next country in the ranking of nearly ***** trillion U.S. dollars.

The average for 2021 based on 87 countries was 32.21 percent. The highest value was in Venezuela: 991.39 percent and the lowest value was in Botswana: -6.38 percent. The indicator is available from 1984 to 2021. Below is a chart for all countries where data are available.

The average for 2022 based on 11 countries was 511.17 billion U.S. dollars. The highest value was in Saudi Arabia: 2638.59 billion U.S. dollars and the lowest value was in Tunisia: 7.75 billion U.S. dollars. The indicator is available from 1975 to 2022. Below is a chart for all countries where data are available.

While nearly every country in Europe has a stock exchange, only five are considered major, and have a market capital of over one trillion U.S dollars. European stock exchanges make up two of the top ten global major stock markets. Europe’s biggest stock exchange is the Euronext which combines five markets based in Amsterdam, Brussels, Dublin, Lisbon, London, Oslo and Paris. Euronext The Euronext Stock Exchange saw a significant increase in total market capitalization between 2021 and 2022, before increasing again during 2023. As of March 2024, the luxury goods company LVMH Moët Hennessy Louis Vuitton was the largest company listed on the Euronext Stock Exchange in terms of market capitalization. Globally, the Euronext Stock Exchange is the fourth largest. London Stock Exchange The London Stock Exchange (LSE) was the second largest stock exchange in Europe and ninth globally in terms of market capitalization of domestic listed companies. As of May 2024, there were 1,775 companies trading on the LSE with the LSE's combined market capitalization amounting to approximately 3.86 trillion British pounds during the same period.

The average for 2022 based on 72 countries was 33.12 percent. The highest value was in China: 283.04 percent and the lowest value was in Luxembourg: 0.09 percent. The indicator is available from 1975 to 2022. Below is a chart for all countries where data are available.

While nearly every country in Europe has a stock exchange, only five are considered major, and have a market capital of over one trillion U.S dollars. European stock exchanges make up two of the top ten global major stock markets. Europe’s biggest stock exchanges are the Euronext which combines five markets, and the London Stock Exchange. Since the Covid-19 outbreak all of Europe’s largest exchanges all saw large drops in total market capital value between January and March 2020. Since March, all major stock exchanges in Europe have been in recovery. Coronavirus First reported from Wuhan, China, on 31 December 2019, the Coronavirus disease (COVID-19) has massively affected stock exchanges and the financial sector globally. Approximately 210 countries and territories worldwide have been affected by the COVID-19 virus. Euronext As Europe’s largest stock exchange, Euronext consists of the Amsterdam, Brussels, Dublin, Lisbon and Paris stock markets. As of the end of 2022, companies trading on the Euronext stock exchange had a combined market capitalization of approximately seven trillion euros.

This statistic shows the largest global stock exchanges globally as of March 2025, ranked by the value of electronic order book share trading. In that time, the NYSE Stock Market was the largest stock exchange worldwide, with the value of EOB shares traded amounting to *** trillion U.S. dollars. Stock exchanges — additional information Stock exchanges are an important part of the free market economic system and are the most important component of the stock market. A stock exchange provides the setting in which stockbrokers, sellers, buyers, and traders can be brought together to take part in the sale of shares, bonds, derivatives and other securities. The core function of a stock exchange is to enable the fair and orderly trading, as well as the provision of price information, of any securities being traded on that exchange. Originally the exchanges were physical places (in some world locations the goods are still traded over-the-counter) but with time, they took the shape of an electronic platform. In order that company shares may be bought, traded and sold on a stock exchange, the company is required to have undergone an initial public offering process (IPO) on that particular exchange. The initial public offering of Alibaba Group Holding, a Chinese company operating in the e-commerce sector, on the New York Stock Exchange in September 2014, was the largest listing in the United States since 1996. The IPO of Alibaba Group Holding raised approximately ***** billion U.S. dollars.

Based on the total number of companies listed, the Japan Exchange Group was the largest stock exchange operator in the world as of Janaury 2025, with 3,968 companies listed. Of these, only six were foreign companies, with the remaining being domestic. The stock exchange with the highest number of international companies at this time was the U.S. Nasdaq, with 871. However, despite only having the seventh-highest number of companies, the New York Stock Exchange has the highest market capitalization of any stock exchange operator.

Stock Exchanges Market Outlook

The global stock exchanges market size is projected to grow from USD 85 billion in 2023 to USD 130 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.8%. This steady growth is underpinned by a multitude of factors, including advancements in trading technology, the increasing complexity of financial instruments, and the rising participation of retail and institutional investors in global financial markets. The proliferation of electronic trading platforms, alongside traditional stock exchanges, is also contributing significantly to the growth of this market, providing enhanced accessibility, transparency, and efficiency in trading operations worldwide.

A key growth factor driving the expansion of the stock exchanges market is the ongoing digital transformation across the financial sector. With the advent of sophisticated trading technologies such as algorithmic trading and high-frequency trading, stock exchanges are increasingly adopting cutting-edge IT infrastructures to handle large volumes of trade data with superior accuracy and speed. Furthermore, the development of blockchain technology is poised to revolutionize clearing and settlement processes, reducing costs and the time taken for transaction finalization. This technological evolution is not only enhancing the operational efficiency of stock exchanges but also broadening the scope for innovative financial products, thereby attracting a wider array of market participants.

Another significant driver is the globalization of financial markets, which has led to a convergence in trading practices and regulations. As cross-border investments surge, stock exchanges are compelled to offer diverse products and services to cater to a global clientele. This necessitates continuous improvements in trading platforms and regulatory frameworks to manage the complexities associated with international investments. Additionally, increasing wealth in emerging economies is spurring investment activities, thereby boosting the demand for reliable and efficient stock exchanges. These dynamics are fueling the growth of the market by fostering an environment conducive to investment and financial inclusivity.

The increasing interest from retail investors is also a major factor contributing to the growth of the stock exchanges market. The advent of user-friendly trading apps and platforms has democratized stock trading, enabling retail investors to participate actively in financial markets. Enhanced financial literacy and the widespread availability of information have empowered individual investors to make informed decisions, leading to an upsurge in market participation. This rise in retail trading volume is prompting stock exchanges to innovate and expand their offerings to accommodate this burgeoning segment, thus driving market growth.

Regionally, North America continues to dominate the stock exchanges market, driven by the presence of major exchanges such as the New York Stock Exchange (NYSE) and NASDAQ. However, the Asia Pacific region is emerging as a formidable player due to rapid economic growth, regulatory reforms, and technological advancements in countries like China, India, and Japan. The region is witnessing a significant influx of foreign capital, bolstering trading activities and propelling market expansion. Europe also holds a substantial share, supported by its mature financial markets and strong institutional investor base. Meanwhile, Latin America and the Middle East & Africa are exhibiting potential for growth, albeit at a relatively slower pace, as they develop their financial infrastructures and regulatory environments.

Type Analysis

The stock exchanges market is bifurcated into traditional stock exchanges and electronic trading platforms, each serving distinct roles in the financial ecosystem. Traditional stock exchanges have long been the cornerstone of financial markets, operating as centralized venues where securities are bought and sold. These exchanges, such as the NYSE and London Stock Exchange, are characterized by their stringent regulatory frameworks and structured trading environments, which instill confidence and trust among market participants. Despite the technological advancements, traditional exchanges continue to hold a significant share of the market due to their established reputations and the comprehensive services they offer, including listing, trading, and settlement.

On the other hand, electronic trading platforms have gained momentum in recent years, driven by the demand for greater efficiency and flexibility in trading. These platf

As of December 2024, the Shanghai Stock Exchange had the largest domestic market capitalization among stock exchanges in the Asia Pacific region, amounting to approximately *** trillion U.S. dollars. Second in the ranking was the Shanghai Stock Exchange Group, followed by the Shenzhen Stock Exchange. Stock exchanges in Asia PacificThe major stock exchanges in the Asia-Pacific region are the Tokyo Stock Exchange in Japan, the Shanghai and Shenzhen Stock Exchange in Mainland China, the Hong Kong Stock Exchange in Hong Kong, and the Bombay Stock Exchange in India, which is also the oldest stock exchange in Asia. Also, five out of the ten largest stock exchange operators in the world are located in Asia.What is market capitalization?Market capitalization, also commonly referred to as market cap, is a measure of the total market value of outstanding shares of a company on the stock market. It indicates a company’s relative size and value while taking various determinants such as risk and the market’s perception into consideration. There are large-cap (>** billion), mid-cap (* to ** billion) and small-cap (*** million to * billion) companies depending on their market capitalization.

China's main stock market index, the SHANGHAI, rose to 3520 points on July 14, 2025, gaining 0.27% from the previous session. Over the past month, the index has climbed 3.86% and is up 18.35% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on July of 2025.

Key information about Ivory Coast Market Capitalization: % of GDP

• Ivory Coast Market Capitalization accounted for 16.7 % of its Nominal GDP in Dec 2023, compared with a percentage of 17.3 % in the previous year
• Ivory Coast Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1993 to Dec 2023
• The data reached an all-time high of 28.9 % in Dec 2007 and a record low of 0.2 % in Dec 1994

CEIC calculates Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. Bourse Régionale des Valeurs Mobilières provides Market Capitalization in local currency. The Central Bank of West African States provides Nominal GDP in local currency. Market Capitalization includes the equity of all eight West African countries listed on the exchange but companies incorporated in Ivory Coast have the largest share. Market Capitalization as % of Nominal GDP prior to 2010 is sourced from the World Bank and excludes collective investment vehicles

As of December 31, 2024, the largest bank in the world in terms of market capitalization was the U.S.-based JPMorgan Chase. The American banking giant's market cap exceeded 678 billion U.S. dollars, which was significantly higher than Bank of America's, which ranked second with a market cap of approximately 340.21 billion U.S. dollars. JPMorgan Chase was also the largest bank in the United States in terms of total assets but ranked only fifth globally, behind four Chinese banks. What is market capitalization? Market capitalization, also known as stock market value, is the total value of issued shares of a publicly traded company. It is equal to the share price multiplied by the number of shares outstanding. It applies only to publicly traded companies or companies that have made their stock market debut, also known as an initial public offering, or IPO. Due to the nature of the capitalist system and the practice of buying and selling stocks in public markets, market capitalization can be used as a proxy for the wider public’s opinion of a company’s net worth, making it therefore a determining factor in calculating other theoretical values of companies and their stocks, for example, stock valuation. How were banks affected by the coronavirus outbreak? The outbreak of the coronavirus left no industries unaffected and had a significant impact on the global financial markets. This can be seen in the banking industry, as the market capitalization of the largest banks worldwide dropped markedly between December 2019 and March 2020. For the largest bank, JPMorgan Chase, it was not until February 2021 that the market capitalization saw pre-pandemic figures again.

Key information about Egypt EGP

• Egypt EGP closed at 30,610.4 points in Feb 2025, compared with 30,010.6 points at the previous month end
• Egypt Equity Market Index: Month End: EGX 30: EGP data is updated monthly, available from Jan 1998 to Feb 2025, with an average number of 6,725.5 points
• The data reached an all-time high of 31,587.0 points in Sep 2024 and a record low of 448.0 points in Jan 2002

The Egyptian Stock Exchange provides daily data on 3 major stock market indices, but the EGX 30 index is the one most closely monitored by analysts.


Further information about Egypt EGP

• In the latest reports, EGX recorded a monthly P/E ratio of 16.5 in Oct 2024

The Europe Private Equity Market is Segmented by Fund Type (Buyout and Growth, Venture Capital, Mezzanine, and More), Sector (Technology, Healthcare, Real Estate, Financial Services, Industrials, Telecom, and More), Investments (Large Cap, Upper-Middle Market, and More), and Country (United Kingdom, Germany, France, Sweden, Italy, Spain, Netherlands and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2024, stock markets in the United States accounted for roughly 60 percent of world stocks. The next largest country by stock market share was Japan, followed by the United Kingdom. The New York Stock Exchange (NYSE) and the NASDAQ are the largest stock exchange operators worldwide. What is a stock exchange? The first modern publicly traded company was the Dutch East Industry Company, which sold shares to the general public to fund expeditions to Asia. Since then, groups of companies have formed exchanges in which brokers and dealers can come together and make transactions in one space. Stock market indices group companies trading on a given exchange, giving an idea of how they evolve in real time. Appeal of stock ownership Over half of adults in the United States are investing money in the stock market. Stocks are an attractive investment because the possible return is higher than offered by other financial instruments.