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)
Characteristic
Market cap in trillion U.S. dollars
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* 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 September 17, 2024, 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 September 17, 2024. 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: September 17, 2024. 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 September 17, 2024)
Countries with the largest stock markets worldwide as of 2020, by market capitalization of listed companies (in trillion U.S. dollars) [Graph], Knoema, September 8, 2021. [Online]. Available: https://www.statista.com/statistics/1202852/total-market-capitalization-listed-companies-country/
