The market capitalization of companies in the United States was almost three times than that of China in 2020, making up a large share of the world's total market capitalization. While only 2019 data is available for the U.S., listed companies in the U.S. had a total market capitalization of almost 34 trillion U.S. dollars - against 12.2 trillion U.S. dollars recorded by second-placed China in 2020. Japan ranked third with a total market capitalization of just over 7.7 trillion U.S. dollars.
Countries with the largest stock markets worldwide as of 2020, by market capitalization of listed companies
(in trillion U.S. dollars)
* The source only provides 2019 data for the following countries:
United States;
Belgium.
In addition, no data is provided for 2019 or 2020 for the following countries, all of which would likely be included in this list were data available:
United Kingdom;
Italy;
Netherlands;
Sweden.
Market capitalization is a financial term used to denote the total value of tradable shares of a listed company. It is calculated by multiplying the share price by the number of shares outstanding.
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Knoema. (September 8, 2021). Countries with the largest stock markets worldwide as of 2020, by market capitalization of listed companies (in trillion U.S. dollars) [Graph]. In Statista. Retrieved May 24, 2022, from https://www.statista.com/statistics/1202852/total-market-capitalization-listed-companies-country/
Knoema. "Countries with the largest stock markets worldwide as of 2020, by market capitalization of listed companies (in trillion U.S. dollars)." Chart. September 8, 2021. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/1202852/total-market-capitalization-listed-companies-country/
Knoema. (2021). Countries with the largest stock markets worldwide as of 2020, by market capitalization of listed companies (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: May 24, 2022. https://www.statista.com/statistics/1202852/total-market-capitalization-listed-companies-country/
Knoema. "Countries with The Largest Stock Markets Worldwide as of 2020, by Market Capitalization of Listed Companies (in Trillion U.S. Dollars)." Statista, Statista Inc., 8 Sep 2021, https://www.statista.com/statistics/1202852/total-market-capitalization-listed-companies-country/
Knoema, Countries with the largest stock markets worldwide as of 2020, by market capitalization of listed companies (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1202852/total-market-capitalization-listed-companies-country/ (last visited May 24, 2022)
