Stock Market Capitalization

Global Ranking

billion USDSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	United States	40719.66	2020	1	33890.83
2	China	12214.47	2020	2	8515.5
3	Japan	6718.22	2020	3	6191.07
4	Hong Kong	6130.42	2020	4	4899.23
5	United Kingdom	3570.89	2014	5	3946.88
6 ↑	Canada	2641.45	2020	7	2409.1
7 ↑	India	2595.47	2020	9	2286.92
8	Saudi Arabia	2429.1	2020	8	2406.82
9 ↓	France	2365.95	2018	6	2749.31
10	Germany	2284.11	2020	10	2098.17
11 ↑	South Korea	2176.19	2020	13	1484.84
12 ↓	Switzerland	2001.6	2020	11	1834.45
13 ↓	Australia	1720.56	2020	12	1487.6
14 ↑	Iran	1218.39	2020	26	320.67
15 ↑	Netherlands	1100.11	2017	16	805.72
16 ↓	South Africa	1051.53	2020	15	1056.34
17 ↓	Brazil	988.37	2020	14	1187.36
18 ↓	Spain	759.17	2020	17	797.29
19 ↓	Russia	694.74	2020	18	791.52
20 ↓	Singapore	652.61	2020	19	697.27
21 ↓	Italy	587.31	2014	20	615.46
22 ↓	Thailand	543.16	2020	21	569.23
23 ↓	Indonesia	496.09	2020	22	523.32
24 ↑	Malaysia	436.54	2020	25	403.96
25 ↓	Mexico	399.62	2020	24	413.62
26 ↓	Belgium	321.09	2018	23	437.79
27 ↑	Norway	295.55	2019	28	267.38
28 ↑	United Arab Emirates	294.83	2020	29	246.82
29 ↑	Sweden	289.88	2003	33	179.12
30 ↓	Philippines	272.79	2020	27	275.3
31 ↓	Israel	262.06	2020	30	237.37
32	Turkey	237.47	2020	32	184.97
33 ↑	Vietnam	186.01	2020	36	149.82
34 ↓	Chile	184.55	2020	31	203.79
35	Poland	177.51	2020	35	151.62
36 ↓	Qatar	165.39	2020	34	160.05
37 ↑	Denmark	151.35	2004	40	121.64
38 ↑	New Zealand	132.2	2020	42	107.88
39 ↓	Austria	132.08	2020	38	133.1
40 ↓	Ireland	110.15	2018	37	146.55
41 ↓	Colombia	106.32	2020	39	132.04
42 ↓	Kuwait	105.99	2020	41	118.14
43 ↑	Bangladesh	89.77	2020	46	64.42
44 ↓	Peru	87.09	2020	43	98.96
45	Morocco	65.57	2020	45	65.42
46 ↓	Portugal	61.93	2018	44	75.59
47 ↑	Nigeria	56.57	2020	52	43.92
48 ↑	Luxembourg	51.57	2020	50	44.23
49 ↓	Greece	50.99	2020	47	53.65
50 ↓	Kazakhstan	45.2	2020	49	44.97
51	Egypt	41.35	2020	51	44.2
52 ↓	Argentina	39.39	2019	48	45.99
53	Pakistan	32.57	2011	53	38.01
54	Hungary	27.97	2020	54	32.89
55 ↑	Czech Republic	26.61	2020	56	26.31
56 ↑	Romania	25.51	2020	57	26.11
57 ↓	Bahrain	24.61	2020	55	26.88
58 ↑	Croatia	22.23	2020	59	22.46
59 ↓	Kenya	21.4	2020	58	25.06
60 ↑	Finland	20.34	2004	61	18.76
61 ↓	Jordan	18.21	2020	60	21.04
62 ↑	Bulgaria	17.71	2020	64	16
63	Oman	16.48	2020	63	17.12
64 ↑	Sri Lanka	15.98	2020	66	15.72
65 ↓	Panama	13.94	2020	62	17.27
66 ↓	Jamaica	11.7	2020	65	15.77
67 ↑	Ghana	9.25	2020	81	3.1
68	Tunisia	8.57	2020	68	8.5
69 ↑	Slovenia	8.45	2020	70	7.92
70 ↓	Ivory Coast	7.33	2020	69	8.1
71	Lebanon	6.7	2020	71	7.74
72 ↑	Tanzania	6.48	2020	92	0.4
73 ↓	Mauritius	6.16	2020	67	8.62
74 ↓	Slovakia	5.38	2014	73	5.62
75 ↓	Malta	5.08	2020	74	5.32
76	Cyprus	4.69	2020	76	4.28
77 ↓	Ukraine	4.42	2018	75	5.2
78 ↓	Serbia	4.06	2011	77	4.16
79 ↓	Venezuela	3.98	2002	72	6.22
80 ↓	Trinidad and Tobago	3.89	2001	79	3.42
81 ↓	Montenegro	3.79	2012	78	3.51
82 ↑	Rwanda	3.21	2019	96
83	Zambia	3.18	2011	83	2.95
84 ↓	Barbados	2.78	2020	80	3.4
85 ↑	Zimbabwe	2.46	1999	89	0.96
86 ↓	Costa Rica	1.9	2020	85	2.22
87 ↓	Namibia	1.87	2020	84	2.61
88 ↓	Papua New Guinea	1.68	2017	86	1.64
89 ↑	Belarus	1.24	2016	90	0.53
90 ↑	Seychelles	1.14	2019	96
91 ↓	Botswana	0.98	2000	88	1.05
92 ↓	Ecuador	0.75	2000	91	0.52
93 ↑	Algeria	0.37	2018	94	0.35
94 ↓	Paraguay	0.31	1999	93	0.37
95 ↓	Uruguay	0.28	1996	87	1.3
96 ↓	Swaziland	0.23	2007	95	0.2
97 ↓	Bermuda	0.22	2020	82	2.97
98 ↓	Azerbaijan	0	1999	96	0

Definition of Stock Market Capitalization

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.