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 New York Stock Exchange (NYSE) continues to dominate the Americas' financial landscape, boasting a staggering market capitalization of over 28 trillion U.S. dollars as of March 2024. This figure dwarfs its closest regional competitor, Nasdaq, which stands at approximately 25.4 trillion U.S. dollars. The sheer scale of these American exchanges underscores their critical role in global finance, with the NYSE alone surpassing the combined market cap of all other listed exchanges in the Americas. Global competition and innovation While U.S. exchanges lead in market capitalization, other global markets are showing strength in different areas. India's stock exchanges, for instance, have become hotbeds for initial public offerings (IPOs). In 2024, the National Stock Exchange of India and Bombay Stock Exchange collectively hosted 327 IPO deals, more than double the 137 deals on Nasdaq. This surge in IPO activity reflects India's growing economic influence and the increasing appeal of its capital markets to both domestic and international companies. Diversity in exchange metrics Market capitalization is just one measure of an exchange's significance. While third in market cap among American exchanges, for instance, the TMX Group in Canada leads the continent in the number of listed companies with 3,569 as of December 2024. This diversity in metrics highlights the multifaceted nature of stock exchange comparisons and the importance of considering various factors when assessing their global impact and appeal to companies seeking public listing.

Iran Market Capitalization: Tehran Stock Exchange (TSE) data was reported at 1,743.023 USD bn in Sep 2023. This records a decrease from the previous number of 1,761.129 USD bn for Aug 2023. Iran Market Capitalization: Tehran Stock Exchange (TSE) data is updated monthly, averaging 105.978 USD bn from Dec 2005 (Median) to Sep 2023, with 199 observations. The data reached an all-time high of 1,991.152 USD bn in May 2023 and a record low of 33.814 USD bn in Jun 2007. Iran Market Capitalization: Tehran Stock Exchange (TSE) data remains active status in CEIC and is reported by Tehran Stock Exchange. The data is categorized under Global Database’s Iran – Table IR.Z002: Tehran Stock Exchange: Market Capitalization. [COVID-19-IMPACT]

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 ** trillion U.S. dollars. Both markets were almost evenly sized at this point in time - at approximately ** and ** 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 ** and ** 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.

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.

CN: Market Cap: Shanghai SE: Tradable: Preferred data was reported at 758,102.000 RMB mn in Apr 2025. This records a decrease from the previous number of 760,324.000 RMB mn for Mar 2025. CN: Market Cap: Shanghai SE: Tradable: Preferred data is updated monthly, averaging 763,461.000 RMB mn from Dec 2021 (Median) to Apr 2025, with 41 observations. The data reached an all-time high of 791,000.000 RMB mn in Jun 2022 and a record low of 753,848.000 RMB mn in Jan 2024. CN: Market Cap: Shanghai SE: Tradable: Preferred data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization.

London Stock Exchange reported GBP57.14B in Market Capitalization this June of 2025, considering the latest stock price and the number of outstanding shares.Data for London Stock Exchange | LSE - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last June in 2025.

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.

Morocco Market Capitalization: Casablanca Stock Exchange data was reported at 907,907,859,148.000 MAD in Apr 2025. This records a decrease from the previous number of 925,258,517,274.000 MAD for Mar 2025. Morocco Market Capitalization: Casablanca Stock Exchange data is updated monthly, averaging 497,008,418,333.670 MAD from Dec 1996 (Median) to Apr 2025, with 341 observations. The data reached an all-time high of 925,258,517,274.000 MAD in Mar 2025 and a record low of 11,057,000,000.000 MAD in Mar 1997. Morocco Market Capitalization: Casablanca Stock Exchange data remains active status in CEIC and is reported by Casablanca Stock Exchange. The data is categorized under Global Database’s Morocco – Table MA.Z002: Casablanca Stock Exchange: Market Capitalization.

As of December 2024, domestic companies listed on the New York Stock Exchange (NYSE), the largest stock exchange operator in the United States, had a combined market capitalization of nearly 32 trillion U.S. dollars.

Chile Santiago Stock Exchange: Market Capitalization: USD data was reported at 199.986 USD bn in Apr 2025. This records an increase from the previous number of 193.811 USD bn for Mar 2025. Chile Santiago Stock Exchange: Market Capitalization: USD data is updated monthly, averaging 248.918 USD bn from Dec 2005 (Median) to Apr 2025, with 233 observations. The data reached an all-time high of 409.454 USD bn in Apr 2018 and a record low of 129.350 USD bn in Nov 2008. Chile Santiago Stock Exchange: Market Capitalization: USD data remains active status in CEIC and is reported by Santiago Stock Exchange. The data is categorized under Global Database’s Chile – Table CL.Z004: Santiago Stock Exchange: Statistics.

The main stock market index of United States, the US500, rose to 6211 points on July 1, 2025, gaining 0.10% from the previous session. Over the past month, the index has climbed 4.64% and is up 12.75% compared to the same time last year, 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 July of 2025.

CN: Market Cap: Shanghai SE: Tradable: Environmental Protection data was reported at 198,432.000 RMB mn in Mar 2025. This stayed constant from the previous number of 198,432.000 RMB mn for Feb 2025. CN: Market Cap: Shanghai SE: Tradable: Environmental Protection data is updated monthly, averaging 76,551.000 RMB mn from Jan 2013 (Median) to Mar 2025, with 147 observations. The data reached an all-time high of 198,432.000 RMB mn in Mar 2025 and a record low of 24,256.000 RMB mn in Jul 2013. CN: Market Cap: Shanghai SE: Tradable: Environmental Protection data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization.

Australian Securities Exchange reported AUD13.52B in Market Capitalization this June of 2025, considering the latest stock price and the number of outstanding shares.Data for Australian Securities Exchange | ASX - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.

CN: Market Cap: Shanghai SE: Education data was reported at 15,191.000 RMB mn in Mar 2025. This stayed constant from the previous number of 15,191.000 RMB mn for Feb 2025. CN: Market Cap: Shanghai SE: Education data is updated monthly, averaging 15,390.000 RMB mn from Jan 2013 (Median) to Mar 2025, with 147 observations. The data reached an all-time high of 26,375.000 RMB mn in Jun 2016 and a record low of 1,066.000 RMB mn in Jan 2013. CN: Market Cap: Shanghai SE: Education data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization.

In 2024, the market capitalization of the securities market at the Hong Kong Stock Exchange amounted to over 35 trillion Hong Kong dollars, a decrease of almost seven trillion Hong Kong dollars compared to the previous year. The bourse was established in 1891 and since then, developed into the financial center of Asia.

CN: Market Capitalization: Shanghai SE: Annual: Stock: A Share data was reported at 45,990,359.000 RMB mn in 2024. This records an increase from the previous number of 40,069,290.000 RMB mn for 2023. CN: Market Capitalization: Shanghai SE: Annual: Stock: A Share data is updated yearly, averaging 14,904,985.000 RMB mn from Dec 1993 (Median) to 2024, with 32 observations. The data reached an all-time high of 46,249,458.000 RMB mn in 2021 and a record low of 206,766.000 RMB mn in 1993. CN: Market Capitalization: Shanghai SE: Annual: Stock: A Share data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization.

As of the end of 2023, the total market cap of the Spanish Stock Exchange amounted to just over 1.2 trillion euros, an increase compared to the previous year. The market capitalization, or market cap, is one measure of calculating the value of a stock or group of stocks. It is found by computing the number of shares times the price per share.

Market Capitalization: Qatar Stock Exchange data was reported at 616,952.399 QAR mn in Apr 2025. This records an increase from the previous number of 600,704.003 QAR mn for Mar 2025. Market Capitalization: Qatar Stock Exchange data is updated monthly, averaging 507,138.980 QAR mn from Oct 2003 (Median) to Apr 2025, with 259 observations. The data reached an all-time high of 760,834.898 QAR mn in Mar 2022 and a record low of 94,004.000 QAR mn in Oct 2003. Market Capitalization: Qatar Stock Exchange data remains active status in CEIC and is reported by Qatar Stock Exchange. The data is categorized under Global Database’s Qatar – Table QA.Z002: Qatar Stock Exchange: Market Capitalization.

CN: Market Capitalization: Shanghai SE: Treasury Bond Spot data was reported at 20,032,492.000 RMB mn in Feb 2022. This records a decrease from the previous number of 20,155,149.000 RMB mn for Jan 2022. CN: Market Capitalization: Shanghai SE: Treasury Bond Spot data is updated monthly, averaging 4,305,720.500 RMB mn from Jan 2002 (Median) to Feb 2022, with 242 observations. The data reached an all-time high of 20,155,149.000 RMB mn in Jan 2022 and a record low of 236,210.000 RMB mn in Jan 2002. CN: Market Capitalization: Shanghai SE: Treasury Bond Spot data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization.