The market capitalization of listed domestic companies as a share of GDP in the United States decreased by 49.2 percentage points (-23.91 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher market capitalization than the preceding years.Market capitalization, often referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. It is equal to the market price per common share multiplied by the number of common shares outstanding.Find more statistics on other topics about the United States with key insights such as market capitalization of listed domestic companies.

In 2023, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 20.7 percent. The construction industry contributed around four percent of GDP in the same year.

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

In 2023, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 5.66 trillion U.S. dollars to the national GDP.

Gross Domestic Product

Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country.

U.S. GDP

California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.

With over 670 billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by Amazon. Walmart was also the largest company in the world based on its number of employees, with some 2.1 million all over the world. Largest corporations based on revenue - additional information The concept of revenue itself might slightly differ depending on country or even from one company to another. It usually refers to the income resulted from normal business activities, such as the sale of goods and services to customers. Walmart The American-based multinational corporation Walmart was founded in 1962 and currently operates over 10,600 stores worldwide, out of which 4,600 are in the United States alone. In 2024, Walmart was ranked the third most valuable retail brand in the world, with a brand value of about 60 billion U.S. dollars. Follow this link to get access to the top 500 companies from all industries list.

Graph and download economic data for Corporate Profits After Tax (without IVA and CCAdj) (CP) from Q1 1947 to Q3 2024 about CCADJ, IVA, corporate profits, tax, corporate, GDP, and USA.

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.

United States US: Market Capitalization: Listed Domestic Companies: % of GDP data was reported at 165.651 % in 2017. This records an increase from the previous number of 146.862 % for 2016. United States US: Market Capitalization: Listed Domestic Companies: % of GDP data is updated yearly, averaging 102.679 % from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 165.651 % in 2017 and a record low of 39.352 % in 1981. United States US: Market Capitalization: Listed Domestic Companies: % of GDP 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.; ; World Federation of Exchanges database.; Weighted average; 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.

US: GDP: Value Added: Current PPP data was reported at 16,340.388 USD bn in 2022. This records an increase from the previous number of 14,962.179 USD bn for 2021. US: GDP: Value Added: Current PPP data is updated yearly, averaging 6,968.773 USD bn from Dec 1981 (Median) to 2022, with 42 observations. The data reached an all-time high of 16,340.388 USD bn in 2022 and a record low of 2,097.284 USD bn in 1981. US: GDP: Value Added: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: OECD Member: Annual.

United States GDPS: 2017p: NH: Pvt: PB: Management of Companies & Enterprises data was reported at 2.220 USD bn in Sep 2024. This records an increase from the previous number of 2.215 USD bn for Jun 2024. United States GDPS: 2017p: NH: Pvt: PB: Management of Companies & Enterprises data is updated quarterly, averaging 1.209 USD bn from Mar 2005 (Median) to Sep 2024, with 79 observations. The data reached an all-time high of 5.315 USD bn in Sep 2021 and a record low of 0.802 USD bn in Mar 2009. United States GDPS: 2017p: NH: Pvt: PB: Management of Companies & Enterprises data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A071: NIPA 2023: GDP by State: New England Region: Chain Linked 2017 Price: saar.

United States GDPS: 2017p: WV: Pvt: PB: Management of Companies & Enterprises data was reported at 1.081 USD bn in Sep 2024. This records an increase from the previous number of 1.074 USD bn for Jun 2024. United States GDPS: 2017p: WV: Pvt: PB: Management of Companies & Enterprises data is updated quarterly, averaging 0.653 USD bn from Mar 2005 (Median) to Sep 2024, with 79 observations. The data reached an all-time high of 1.105 USD bn in Jun 2022 and a record low of 0.403 USD bn in Jun 2005. United States GDPS: 2017p: WV: Pvt: PB: Management of Companies & Enterprises data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A075: NIPA 2023: GDP by State: Southeast Region: Chain Linked 2017 Price: saar.

United States - Gross value added: GDP: Business was 22812.80800 Bil. of $ in October of 2024, according to the United States Federal Reserve. Historically, United States - Gross value added: GDP: Business reached a record high of 22812.80800 in October of 2024 and a record low of 198.09400 in January of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Gross value added: GDP: Business - last updated from the United States Federal Reserve on March of 2025.

United States GDP Nowcast: saar: YoY: Contribution: Business Cycle Indicators: Empire State Mfg Survey: DI: sa: Gen Bussiness Condition data was reported at 0.462 % in 10 Mar 2025. This records an increase from the previous number of 0.404 % for 03 Mar 2025. United States GDP Nowcast: saar: YoY: Contribution: Business Cycle Indicators: Empire State Mfg Survey: DI: sa: Gen Bussiness Condition data is updated weekly, averaging 0.382 % from Jan 2019 (Median) to 10 Mar 2025, with 323 observations. The data reached an all-time high of 1.101 % in 17 Aug 2020 and a record low of 0.169 % in 30 Dec 2019. United States GDP Nowcast: saar: YoY: Contribution: Business Cycle Indicators: Empire State Mfg Survey: DI: sa: Gen Bussiness Condition data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

Graph and download economic data for Nonfinancial Corporate Business: Profits After Tax (without IVA and CCAdj) (NFCPATAX) from Q1 1947 to Q3 2024 about after tax, CCADJ, IVA, nonfinancial, tax, corporate, business, GDP, and USA.

Graph and download economic data for National income: Corporate profits before tax (without IVA and CCAdj) (A053RC1Q027SBEA) from Q1 1947 to Q3 2024 about national income, CCADJ, IVA, corporate profits, tax, corporate, income, GDP, and USA.

In 2021, Apple was the largest publicly traded company in California based on revenue. That year, they had a revenue of 365.82 billion U.S. dollars. Alphabet, Chevron, Wells Fargo and Meta rounded out the top five publicly traded companies in California.

Apple

Apple is a multinational company headquartered in California. It was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Known for their popular iPhones and Mac computers, they have further expanded into other products such as iPods, Apple Watch, Apple TV, Air Pods, and Apple Pay. It is now one of the world’s largest and most valuable companies. Their worldwide revenue has increased dramatically since 2004, with the largest share of their sales since 2012 coming from the Americas. Despite being one of the most successful technology companies, it has faced a lot of criticism from consumers. Some of the criticisms include tax avoidance, sweatshop use, and environmental destruction.

Fortune 500 Companies

In 2021, New York and California had the highest number of Fortune 500 companies, followed by Texas, Illinois, and Ohio. For New York, this can be attributed to its being the financial and cultural hub of the country. Fortune 500 Companies are ranked by Fortune magazine, which ranks the the top 500 companies in the United States based on revenue. Companies on this list are both publicly and privately held. The companies that get listed have changed over the years, for a variety of reasons such as company acquisitions, bankruptcies, and changes in the economy.

United States GDPS: 2017p: CA: Pvt: PB: Management of Companies & Enterprises data was reported at 63.306 USD bn in Sep 2024. This records an increase from the previous number of 62.579 USD bn for Jun 2024. United States GDPS: 2017p: CA: Pvt: PB: Management of Companies & Enterprises data is updated quarterly, averaging 36.706 USD bn from Mar 2005 (Median) to Sep 2024, with 79 observations. The data reached an all-time high of 63.306 USD bn in Sep 2024 and a record low of 24.290 USD bn in Dec 2009. United States GDPS: 2017p: CA: Pvt: PB: Management of Companies & Enterprises data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A065: NIPA 2023: GDP by State: Far West Region: Chain Linked 2017 Price: saar.

Graph and download economic data for Total Credit to Non-Financial Corporations, Adjusted for Breaks, for United States (QUSNAM770A) from Q4 1947 to Q3 2024 about adjusted, credits, nonfinancial, corporate, and USA.

United States GDP: GO: 2017p: saar: Pvt: Professional & Business Services (PB) data was reported at 5,176.068 USD bn in Sep 2024. This records an increase from the previous number of 5,133.879 USD bn for Jun 2024. United States GDP: GO: 2017p: saar: Pvt: Professional & Business Services (PB) data is updated quarterly, averaging 3,481.870 USD bn from Mar 2005 (Median) to Sep 2024, with 79 observations. The data reached an all-time high of 5,176.068 USD bn in Sep 2024 and a record low of 2,727.474 USD bn in Mar 2005. United States GDP: GO: 2017p: saar: Pvt: Professional & Business Services (PB) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A046: NIPA 2023: GDP by Industry: Gross Output: Chain Linked 2017 Price.

Graph and download economic data for Gross Domestic Product: All Industry Total in Colorado (CONGSP) from 1997 to 2023 about CO, GSP, industry, GDP, and USA.