World's Largest Stock Exchanges by Market Capitalisation 2025

About This Dataset

The world's largest equity markets ranked by total domestic market capitalisation in 2025, measured in trillions of USD. The New York Stock Exchange remains the world's largest stock exchange by a wide margin, with a market cap exceeding $28 trillion — greater than the next three exchanges combined.

Analysis

The top three in Market Cap (Trillion USD) in 2025 are NYSE (28.5), NASDAQ (25.5) and Shanghai SE (7.30). NYSE and NASDAQ together hold 61.4% of the combined total of all 8 entities. The other 6 are bunched between 3.80 and 7.30.

Source: Wikipedia

Key Findings

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NYSE leads in Market Cap (Trillion USD) with 28.50 in 2025.

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Average Market Cap (Trillion USD) in 2025: 11 · median: 7.

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Gap in 2025: NYSE is 7.5× larger than London SE.

World's Largest Stock Exchanges by Market Capitalisation 2025

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Data Insights Below

Data Insights

Numbers, trends & sources behind this chart

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Data Points

8 categories · 1 year

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Top Value

28.50

NYSE

Market Cap (Trillion USD) · 2025

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Metrics

Market Cap (Trillion USD)

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Period

2025

Single year snapshot

Methodology & source

Data source: Wikipedia
Coverage: 8 entities · 2025 · 8 observations
Measure: Market Cap (Trillion USD)
Last updated: 6 September 2026
Compiled by: The ANYSTAT team, from the source above

How the figures are calculated

Values are shown as reported by the source. Nothing is rescaled, rebased or converted — the only changes are thousand separators and decimals shown to two places.
Entities are ranked highest-first on their value in 2025.