Stock market capitalization, in dollars - Country rankings

* indicates monthly or quarterly data series

Stock market capitalization, billion USD, 2022:

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.

Measure: billion U.S. dollars; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Stock market capitalization, in dollars, 2022 Global rank Available data
USA 40297.98 1 1975 - 2022
China 11469.35 2 2003 - 2022
Japan 5380.48 3 1975 - 2022
Hong Kong 4566.81 4 1975 - 2022
India 3603.48 5 2000 - 2022
UK 3095.98 6 1975 - 2022
Canada 2744.72 7 1977 - 2022
Saudi Arabia 2638.59 8 2009 - 2022
Germany 1889.66 9 1975 - 2022
Switzerland 1830.52 10 1975 - 2022
Australia 1679.17 11 1979 - 2022
South Korea 1644.51 12 1979 - 2022
Iran 1613.04 13 1975 - 2022
South Africa 1171.75 14 1975 - 2022
UA Emirates 873.56 15 2007 - 2022
Brazil 794.42 16 2000 - 2022
Spain 665.5 17 1975 - 2022
Singapore 619.36 18 1979 - 2022
Indonesia 610.29 19 1995 - 2022
Thailand 604.36 20 1989 - 2022
Russia 530.1 21 2009 - 2022
Mexico 454.37 22 1975 - 2022
Malaysia 381.21 23 1981 - 2022
Turkey 330.01 24 1993 - 2022
Chile 285.23 25 1991 - 2022
Israel 269.64 26 1979 - 2022
Philippines 238.58 27 1996 - 2022
Vietnam 170.15 28 2008 - 2022
Qatar 166.78 29 2007 - 2022
Kuwait 152.68 30 1993 - 2022
Poland 147.66 31 1995 - 2022
Austria 123.05 32 1975 - 2022
New Zealand 97.55 33 1985 - 2022
Nigeria 91.44 34 1993 - 2022
Peru 71.31 35 1997 - 2022
Colombia 68.41 36 2005 - 2022
Greece 59.04 37 2001 - 2022
Morocco 53.71 38 2010 - 2022
Argentina 52.95 39 1977 - 2022
Luxembourg 50.9 40 1975 - 2022
Kazakhstan 45.77 41 1998 - 2022
Bangladesh 42.89 42 1993 - 2022
Egypt 38.85 43 2006 - 2022
Botswana 31.02 44 1993 - 2022
Bahrain 30.26 45 1996 - 2022
Romania 28.98 46 1998 - 2022
Czechia 28.81 47 1993 - 2022
Pakistan 28.71 48 1993 - 2022
Jordan 25.43 49 2007 - 2022
Hungary 23.87 50 2002 - 2022
Oman 22.27 51 1993 - 2022
Croatia 19.34 52 1994 - 2022
Kenya 16.11 53 1993 - 2022
Bulgaria 15.7 54 1993 - 2022
Panama 15.63 55 1993 - 2022
Jamaica 13.05 56 1993 - 2022
Sri Lanka 10.6 57 1999 - 2022
Mauritius 8.57 58 1993 - 2022
Slovenia 8.17 59 1997 - 2022
Tunisia 7.75 60 1995 - 2022
Tanzania 6.7 61 1999 - 2022
Cyprus 6.53 62 2006 - 2022
Ghana 6.46 63 1993 - 2022
Palestine 4.9 64 1999 - 2022
Malta 4.36 65 2000 - 2022
Zambia 4.04 66 1995 - 2022
Rwanda 3.44 67 2018 - 2022
Belarus 2.5 68 2014 - 2022
Costa Rica 2.23 69 1993 - 2022
Namibia 2.16 70 1993 - 2022
Azerbaijan 1.47 71 1998 - 2022
Seychelles 1.22 72 2018 - 2022
Armenia 0.25 73 2018 - 2022
Bermuda 0.21 74 2000 - 2022



Definition: 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.

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All articles

1. USA
2. China
3. Japan
4. Hong Kong
5. India
6. UK
7. Canada
8. Saudi Arabia
9. Germany
10. Switzerland
11. Australia
12. South Korea
13. Iran
14. South Africa
15. UA Emirates
16. Brazil
17. Spain
18. Singapore
19. Indonesia
20. Thailand
21. Russia
22. Mexico
23. Malaysia
24. Turkey
25. Chile
26. Israel
27. Philippines
28. Vietnam
29. Qatar
30. Kuwait
31. Poland
32. Austria
33. New Zealand
34. Nigeria
35. Peru
36. Colombia
37. Greece
38. Morocco
39. Argentina
40. Luxembourg
41. Kazakhstan
42. Bangladesh
43. Egypt
44. Botswana
45. Bahrain
46. Romania
47. Czechia
48. Pakistan
49. Jordan
50. Hungary
51. Oman
52. Croatia
53. Kenya
54. Bulgaria
55. Panama
56. Jamaica
57. Sri Lanka
58. Mauritius
59. Slovenia
60. Tunisia
61. Tanzania
62. Cyprus
63. Ghana
64. Palestine
65. Malta
66. Zambia
67. Rwanda
68. Belarus
69. Costa Rica
70. Namibia
71. Azerbaijan
72. Seychelles
73. Armenia
74. Bermuda
40297.98
11469.35
5380.48
4566.81
3603.48
3095.98
2744.72
2638.59
1889.66
1830.52
1679.17
1644.51
1613.04
1171.75
873.56
794.42
665.50
619.36
610.29
604.36
530.10
454.37
381.21
330.01
285.23
269.64
238.58
170.15
166.78
152.68
147.66
123.05
97.55
91.44
71.31
68.41
59.04
53.71
52.95
50.90
45.77
42.89
38.85
31.02
30.26
28.98
28.81
28.71
25.43
23.87
22.27
19.34
16.11
15.70
15.63
13.05
10.60
8.57
8.17
7.75
6.70
6.53
6.46
4.90
4.36
4.04
3.44
2.50
2.23
2.16
1.47
1.22
0.25
0.21
0
10074.5
20149
30223.5
40297.98


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