Countries with the Largest Stock Market Capitalization
This chart ranks countries by the total market capitalization of their listed domestic companies, measured in current US dollars. It reflects the combined value of all publicly traded companies headquartered in each country.
About This Dataset
Countries with the Largest Stock Market CapitalizationThe United States dominate with $48.98 trillion, roughly 4.5 times second-placed China on $10.94 trillion and larger than every other country on this list combined several times over. This concentration is the single clearest measure of American financial supremacy and reflects the enormous valuations of its technology sector. Japan is third on $6.15 trillion, followed by India on $4.34 trillion, whose rise now places it above Hong Kong and Canada. Saudi Arabia's $3.02 trillion is remarkable for a country of 33 million and rests heavily on the listing of Aramco. The most unexpected entry is Iran at $2.06 trillion, ninth in the world despite sanctions, a figure inflated by severe domestic currency devaluation.
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Countries with the Largest Stock Market Capitalization
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