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.

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 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.

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 June of 2025.

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 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.

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.

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.

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.

Market capitalization of listed domestic companies (current US$) in United States was reported at 40297980320000 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Market capitalization of listed companies - actual values, historical data, forecasts and projections were sourced from the World Bank on June 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

Graph and download economic data for Stocks, Value of Shares Sold on the New York Stock Exchange for United States (M11003USM144NNBR) from Jan 1885 to Dec 1920 about stock market and USA.

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.

Total value of all listed shares in a stock market as a percentage of GDP.

Value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and annual CPI (IFS line 64..ZF) are from the IMF's International Financial Statistics. Standard & Poor's, Global Stock Markets Factbook and supplemental S&P data)

Source Code: GFDD.DM.01

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.

View data of the S&P 500, an index of the stocks of 500 leading companies in the US economy, which provides a gauge of the U.S. equity 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.

Japan: Stock market capitalization, billion USD: The latest value from 2022 is 5380.48 billion U.S. dollars, a decline from 6544.3 billion U.S. dollars in 2021. In comparison, the world average is 1244.55 billion U.S. dollars, based on data from 74 countries. Historically, the average for Japan from 1975 to 2022 is 3052.32 billion U.S. dollars. The minimum value, 21.53 billion U.S. dollars, was reached in 1977 while the maximum of 6718.22 billion U.S. dollars was recorded in 2020.

Bank Of America reported $364.39B in Market Capitalization this June of 2025, considering the latest stock price and the number of outstanding shares.Data for Bank Of America | BAC - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last June in 2025.

Market capitalization of listed domestic companies (current US$) in China was reported at 11469346090000 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Market capitalization of listed companies - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.