Global Rankings: Stock Market $ (2025)

Rank Country Value
1 United States 68.94 trillion
2 China 15.51 trillion
3 India 10.56 trillion
4 Japan 7.61 trillion
5 Hong Kong 6.09 trillion
6 Canada 4.62 trillion
7 Germany 2.90 trillion
8 Korea, Republic of 2.76 trillion
9 Switzerland 2.51 trillion
10 Saudi Arabia 2.36 trillion
11 Australia 2.05 trillion
12 South Africa 1.40 trillion
13 Spain 1.30 trillion
14 United Arab Emirates 1.11 trillion
15 Indonesia 949.59 billion
16 Brazil 871.44 billion
17 Singapore 824.34 billion
18 Mexico 560.41 billion
19 Thailand 512.38 billion
20 Malaysia 487.45 billion
21 Chile 486.73 billion
22 Türkiye 404.35 billion
23 Poland 316.50 billion
24 Viet Nam 316.00 billion
25 Philippines 232.06 billion
26 Austria 211.14 billion
27 Iran, Islamic Republic of 185.64 billion
28 Qatar 176.91 billion
29 Kuwait 172.13 billion
30 Kazakhstan 158.41 billion
31 Colombia 132.51 billion
32 Greece 128.98 billion
33 Morocco 114.01 billion
34 Peru 105.16 billion
35 New Zealand 103.17 billion
36 Nigeria 86.94 billion
37 Romania 70.89 billion
38 Pakistan 70.29 billion
39 Luxembourg 69.41 billion
40 Egypt 62.88 billion
41 Hungary 62.59 billion
42 Czechia 55.36 billion
43 Oman 41.30 billion
44 Croatia 37.90 billion
45 Jordan 37.37 billion
46 Cyprus 27.93 billion
47 Panama 27.18 billion
48 Bangladesh 26.22 billion
49 Sri Lanka 26.11 billion
50 Uzbekistan 23.70 billion
51 Kenya 22.83 billion
52 Bahrain 21.31 billion
53 Slovenia 20.74 billion
54 Ghana 16.44 billion
55 Zambia 14.91 billion
56 Tunisia 11.98 billion
57 Jamaica 11.59 billion
58 Bulgaria 11.18 billion
59 Tanzania, United Republic of 9.78 billion
60 Mauritius 8.89 billion
61 Belarus 5.54 billion
62 Malta 5.35 billion
63 Palestine, State of 4.94 billion
64 Botswana 4.28 billion
65 Rwanda 3.20 billion
66 Bermuda 2.26 billion
67 Azerbaijan 1.57 billion
68 Seychelles 646.44 million

About This Indicator

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 converted to U.S. dollars using corresponding year-end foreign exchange rates.

Data source: World Bank Development Indicators