The value of global domestic equity market increased from ***** trillion U.S. dollars in 2013 to ****** trillion U.S. dollars in 2024. 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 ** 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 ** 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 a market cap of *** billion U.S. dollars as of March 2025.

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.

Global equity markets have seen significant growth and regional shifts over the past decade. The ******** region has solidified its position as the dominant player, with its domestic equity market value surging from **** trillion U.S. dollars in 2013 to an impressive ***** trillion U.S. dollars by 2024. U.S. dominance in global stock markets The United States continues to be the powerhouse of global equity markets, accounting for approximately ** percent of world stocks in 2024. This dominance is driven by the New York Stock Exchange (NYSE) and NASDAQ, which are the two largest stock exchange operators worldwide. The NYSE alone boasts an equity market capitalization exceeding ** trillion U.S. dollars as of December 2024, making it the largest stock exchange globally, which underscores the country's central role in global finance and investment. Regional market dynamics and emerging players While the Americas region leads in market capitalization, other regions are also experiencing growth and evolution. The Asia-Pacific region has seen its market value increase from ***** trillion U.S. dollars in 2013 to ***** trillion U.S. dollars in 2024, reflecting the rising economic influence of countries in this area. Notably, the Teheran Exchange has emerged as a significant player in the derivatives market, ranking ***** globally in single stock options contracts traded in 2024, which highlights the increasing sophistication and diversity of global financial markets beyond traditional powerhouses.

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 75 countries was 74.88 percent. The highest value was in Hong Kong: 1273.23 percent and the lowest value was in Armenia: 1.29 percent. The indicator is available from 1975 to 2024. Below is a chart for all countries where data are available.

Market capitalization of World jumped by 11.21% from 102,923,059,370,000.0 US dollars in 2023 to 114,462,421,710,000.0 US dollars in 2024. Since the 15.77% drop in 2022, market capitalization shot up by 22.37% in 2024. Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles.

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

Graph and download economic data for Stock Market Capitalization to GDP for United Kingdom (DDDM01GBA156NWDB) from 1975 to 2014 about market cap, stock market, capital, United Kingdom, and GDP.

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 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.

Graph and download economic data for Stock Market Capitalization to GDP for China (DDDM01CNA156NWDB) from 2003 to 2020 about market cap, stock market, China, capital, and GDP.

As of early 2025, companies in the information technology sector made up ** percent of the total market capitalization of all stock exchanges worldwide. Tech companies worldwide had a combined market capitalization of approximately ** trillion U.S. dollars. The second largest sector on stock markets worldwide was the financial services industry, with a market cap of ** trillion U.S. dollars, followed by the industrials sector with ** trillion U.S. dollars. On the other hand, real estate and utilities were the least represented sectors on stock markets worldwide.

United States US: Market Capitalization: Listed Domestic Companies data was reported at 32,120.703 USD bn in 2017. This records an increase from the previous number of 27,352.201 USD bn for 2016. United States US: Market Capitalization: Listed Domestic Companies data is updated yearly, averaging 11,322.354 USD bn from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 32,120.703 USD bn in 2017 and a record low of 1,263.561 USD bn in 1981. United States US: Market Capitalization: Listed Domestic Companies data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Financial Sector. Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.; ; World Federation of Exchanges database.; Sum; Stock market data were previously sourced from Standard & Poor's until they discontinued their 'Global Stock Markets Factbook' and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

Market capitalization of listed domestic companies (% of GDP) in World was reported at 130 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Market capitalization of listed companies (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

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

Stock market capitalization to GDP (%) in United States was reported at 195 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Stock market capitalization to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Germany DE: Market Capitalization: Listed Domestic Companies data was reported at 1,889.664 USD bn in 2022. This records a decrease from the previous number of 2,503.046 USD bn for 2021. Germany DE: Market Capitalization: Listed Domestic Companies data is updated yearly, averaging 948.491 USD bn from Dec 1975 (Median) to 2022, with 48 observations. The data reached an all-time high of 2,503.046 USD bn in 2021 and a record low of 51.400 USD bn in 1975. Germany DE: Market Capitalization: Listed Domestic Companies data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Financial Sector. Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.;World Federation of Exchanges database.;Sum;Stock market data were previously sourced from Standard & Poor's until they discontinued their 'Global Stock Markets Factbook' and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

Graph and download economic data for Stock Market Capitalization to GDP for Japan (DDDM01JPA156NWDB) from 1975 to 2020 about market cap, stock market, capital, Japan, and GDP.

With a market capitalization of 3.12 trillion U.S. dollars as of May 2024, Microsoft was the world’s largest company that year. Rounding out the top five were some of the world’s most recognizable brands: Apple, NVIDIA, Google’s parent company Alphabet, and Amazon. Saudi Aramco led the ranking of the world's most profitable companies in 2023, with a pre-tax income of nearly 250 billion U.S. dollars. How are market value and market capitalization determined? Market value and market capitalization are two terms frequently used – and confused - when discussing the profitability and viability of companies. Strictly speaking, market capitalization (or market cap) is the worth of a company based on the total value of all their shares; an important metric when determining the comparative value of companies for trading opportunities. Accordingly, many stock exchanges such as the New York or London Stock Exchange release market capitalization data on their listed companies. On the other hand, market value technically refers to what a company is worth in a much broader context. It is determined by multiple factors, including profitability, corporate debt, and the market environment as a whole. In this sense it aims to estimate the overall value of a company, with share price only being one element. Market value is therefore useful for determining whether a company’s shares are over- or undervalued, and in arriving at a price if the company is to be sold. Such valuations are generally made on a case-by-case basis though, and not regularly reported. For this reason, market capitalization is often reported as market value. What are the top companies in the world? The answer to this question depends on the metric used. Although the largest company by market capitalization, Microsoft's global revenue did not manage to crack the top 20 companies. Rather, American multinational retailer Walmart was ranked as the largest company in the world by revenue. Walmart also had the highest number of employees in the world.

Stock market capitalization to GDP (%) in Thailand was reported at 109 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Thailand - Stock market capitalization to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.