Global market comparison
Global Stock Market Size Ranking for 2026
See the 2026 global stock market ranking using official 2025 World Bank data.
Direct answer
The United States ranks first, while South Korea ranks eighth.
Stock market capitalization by country
The ranking compares economies with a reported 2025 value. Missing markets are not estimated, and an exchange ranking can differ from this country-level comparison.
| Rank | Country or economy | Market capitalization | Share of reported total |
|---|---|---|---|
| 1 | United StatesUSA | $68.94 trillion | 49.9% |
| 2 | ChinaCHN | $15.51 trillion | 11.2% |
| 3 | IndiaIND | $10.56 trillion | 7.6% |
| 4 | JapanJPN | $7.61 trillion | 5.5% |
| 5 | Hong Kong SAR ChinaHKG | $6.09 trillion | 4.4% |
| 6 | CanadaCAN | $4.62 trillion | 3.3% |
| 7 | GermanyDEU | $2.90 trillion | 2.1% |
| 8 | South KoreaKOR | $2.76 trillion | 2% |
| 9 | SwitzerlandCHE | $2.51 trillion | 1.8% |
| 10 | Saudi ArabiaSAU | $2.36 trillion | 1.7% |
| 11 | AustraliaAUS | $2.05 trillion | 1.5% |
| 12 | South AfricaZAF | $1.40 trillion | 1% |
| 13 | SpainESP | $1.30 trillion | 0.9% |
| 14 | United Arab EmiratesARE | $1.11 trillion | 0.8% |
| 15 | IndonesiaIDN | $949.6 billion | 0.7% |
| 16 | BrazilBRA | $871.4 billion | 0.6% |
| 17 | SingaporeSGP | $824.3 billion | 0.6% |
| 18 | MexicoMEX | $560.4 billion | 0.4% |
| 19 | ThailandTHA | $512.4 billion | 0.4% |
| 20 | MalaysiaMYS | $487.4 billion | 0.4% |
View the remaining 48 reporting economies
| Rank | Country or economy | Market capitalization | Share of reported total |
|---|---|---|---|
| 21 | ChileCHL | $486.7 billion | 0.4% |
| 22 | TürkiyeTUR | $404.3 billion | 0.3% |
| 23 | PolandPOL | $316.5 billion | 0.2% |
| 24 | VietnamVNM | $316.0 billion | 0.2% |
| 25 | PhilippinesPHL | $232.1 billion | 0.2% |
| 26 | AustriaAUT | $211.1 billion | 0.2% |
| 27 | IranIRN | $185.6 billion | 0.1% |
| 28 | QatarQAT | $176.9 billion | 0.1% |
| 29 | KuwaitKWT | $172.1 billion | 0.1% |
| 30 | KazakhstanKAZ | $158.4 billion | 0.1% |
| 31 | ColombiaCOL | $132.5 billion | 0.1% |
| 32 | GreeceGRC | $129.0 billion | 0.1% |
| 33 | MoroccoMAR | $114.0 billion | 0.1% |
| 34 | PeruPER | $105.2 billion | 0.1% |
| 35 | New ZealandNZL | $103.2 billion | 0.1% |
| 36 | NigeriaNGA | $86.9 billion | 0.1% |
| 37 | RomaniaROU | $70.9 billion | 0.1% |
| 38 | PakistanPAK | $70.3 billion | 0.1% |
| 39 | LuxembourgLUX | $69.4 billion | 0.1% |
| 40 | EgyptEGY | $62.9 billion | 0% |
| 41 | HungaryHUN | $62.6 billion | 0% |
| 42 | CzechiaCZE | $55.4 billion | 0% |
| 43 | OmanOMN | $41.3 billion | 0% |
| 44 | CroatiaHRV | $37.9 billion | 0% |
| 45 | JordanJOR | $37.4 billion | 0% |
| 46 | CyprusCYP | $27.9 billion | 0% |
| 47 | PanamaPAN | $27.2 billion | 0% |
| 48 | BangladeshBGD | $26.2 billion | 0% |
| 49 | Sri LankaLKA | $26.1 billion | 0% |
| 50 | UzbekistanUZB | $23.7 billion | 0% |
| 51 | KenyaKEN | $22.8 billion | 0% |
| 52 | BahrainBHR | $21.3 billion | 0% |
| 53 | SloveniaSVN | $20.7 billion | 0% |
| 54 | GhanaGHA | $16.4 billion | 0% |
| 55 | ZambiaZMB | $14.9 billion | 0% |
| 56 | TunisiaTUN | $12.0 billion | 0% |
| 57 | JamaicaJAM | $11.6 billion | 0% |
| 58 | BulgariaBGR | $11.2 billion | 0% |
| 59 | TanzaniaTZA | $9.8 billion | 0% |
| 60 | MauritiusMUS | $8.9 billion | 0% |
| 61 | BelarusBLR | $5.5 billion | 0% |
| 62 | MaltaMLT | $5.4 billion | 0% |
| 63 | Palestinian TerritoriesPSE | $4.9 billion | 0% |
| 64 | BotswanaBWA | $4.3 billion | 0% |
| 65 | RwandaRWA | $3.2 billion | 0% |
| 66 | BermudaBMU | $2.3 billion | 0% |
| 67 | AzerbaijanAZE | $1.6 billion | 0% |
| 68 | SeychellesSYC | $0.6 billion | 0% |
How to read this ranking
Observation year
The page was updated in 2026, while the comparable annual values cover 2025.
Comparison unit
The indicator measures listed domestic companies by country in current US dollars.
Coverage
Only economies with a 2025 World Bank value are included, so the list does not represent every exchange.
Global stock market size questions
Which country has the largest stock market in 2026?
The United States ranks first at $68.94 trillion in the 2025 data that the World Bank updated in July 2026.
Where does South Korea rank by stock market size?
South Korea ranks eighth at $2.76 trillion among the 68 countries and economies that reported a 2025 value.
Why are the United Kingdom and France missing from this ranking?
This comparison only includes economies with a 2025 country value in the World Bank indicator. It does not mix estimates from a different source into missing rows.