Stock Market Capitalization

Global Ranking

as percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Hong Kong	1768.8	2020	1	1349.59
2 ↑	Iran	598.8	2020	9	124.17
3 ↓	Saudi Arabia	346.96	2020	2	303.52
4 ↓	South Africa	313.48	2020	3	272.3
5 ↓	Switzerland	266.08	2020	4	250.69
6	United States	194.34	2020	6	158.12
7 ↓	Singapore	191.95	2020	5	186.24
8	Canada	160.53	2020	8	138.29
9 ↑	South Korea	132.86	2020	18	89.91
10	Japan	132.83	2020	10	120.24
11 ↑	Netherlands	132.25	2017	15	102.83
12	Australia	129.58	2020	12	106.87
13 ↓	Malaysia	129.53	2020	11	110.59
14 ↓	United Kingdom	115.67	2014	7	140.79
15 ↑	Qatar	114.53	2020	17	90.75
16 ↓	Thailand	108.28	2020	14	104.59
17 ↑	Kuwait	100.03	2020	20	86.74
18 ↑	India	97.56	2020	21	79.67
19 ↑	Montenegro	92.65	2012	22	77.22
20 ↑	Sweden	86.7	2003	26	67.12
21 ↓	France	84.81	2018	13	106.2
22 ↓	Jamaica	84.71	2020	16	99.6
23 ↑	China	82.96	2020	33	59.63
24 ↑	United Arab Emirates	82.16	2020	34	59.16
25 ↓	Philippines	75.46	2020	23	73.06
26 ↑	Norway	72.99	2019	31	61.19
27 ↓	Chile	72.96	2020	24	72.94
28 ↑	Seychelles	71.8	2019	97
29 ↓	Bahrain	70.86	2020	25	69.55
30 ↓	Luxembourg	70.3	2020	29	63.01
31 ↑	Vietnam	68.6	2020	36	57.2
32 ↓	Brazil	68.41	2020	28	63.23
33 ↓	Israel	64.37	2020	32	59.65
34 ↓	Barbados	62.93	2020	27	65.23
35 ↑	New Zealand	62.74	2020	40	50.67
36 ↑	Denmark	60.21	2004	37	55.77
37 ↑	Germany	59.38	2020	39	53.96
38 ↓	Spain	59.24	2020	35	57.23
39 ↓	Belgium	59.13	2018	19	87.29
40 ↓	Morocco	57.16	2020	38	54.57
41 ↓	Mauritius	56.4	2020	30	61.34
42 ↑	Indonesia	46.87	2020	43	46.76
43 ↓	Russia	46.83	2020	42	46.91
44 ↑	Trinidad and Tobago	44.07	2001	46	41.92
45	Peru	43.11	2020	45	43.32
46 ↓	Jordan	41.66	2020	41	47.27
47	Colombia	39.17	2020	47	40.83
48 ↑	Croatia	38.86	2020	49	36.08
49 ↑	Mexico	37.21	2020	52	32.58
50 ↑	Zimbabwe	35.88	1999	72	14.93
51 ↓	Malta	34.69	2020	50	34.94
52 ↑	Turkey	32.98	2020	60	24.31
53 ↑	Rwanda	31.04	2019	97
54 ↓	Austria	30.49	2020	53	29.91
55 ↑	Poland	29.75	2020	57	25.38
56 ↓	Ireland	28.62	2018	44	43.8
57 ↑	Bangladesh	27.79	2020	64	21.29
58 ↓	Italy	27.2	2014	54	28.74
59 ↓	Greece	27	2020	55	26.15
60 ↓	Kazakhstan	26.42	2020	59	24.76
61 ↓	Panama	25.82	2020	56	25.79
62 ↓	Portugal	25.57	2018	51	34.23
63 ↓	Bulgaria	25.34	2020	61	23.22
64 ↑	Oman	22.28	2020	68	19.44
65 ↓	Kenya	21.18	2020	58	24.92
66 ↑	Lebanon	21.12	2020	73	14.89
67 ↓	Tunisia	20.59	2020	66	20.34
68 ↑	Sri Lanka	19.81	2020	70	18.72
69 ↑	Cyprus	19.07	2020	71	16.63
70 ↓	Hungary	17.95	2020	67	20.11
71 ↓	Namibia	17.58	2020	65	20.88
72 ↓	Botswana	16.89	2000	69	19.18
73 ↑	Slovenia	15.77	2020	74	14.62
74 ↓	Pakistan	15.25	2011	63	21.45
75 ↓	Zambia	13.57	2011	62	23.14
76 ↑	Ghana	13.49	2020	84	7.88
77 ↑	Nigeria	13.09	2020	81	9.8
78 ↓	Ivory Coast	11.95	2020	76	13.84
79 ↓	Egypt	11.32	2020	75	14.58
80 ↓	Czech Republic	10.85	2020	79	10.42
81 ↑	Tanzania	10.39	2020	92	2.93
82 ↓	Finland	10.32	2004	77	10.96
83 ↓	Romania	10.26	2020	78	10.45
84 ↓	Argentina	8.72	2019	82	8.76
85 ↓	Serbia	8.23	2011	80	9.94
86 ↓	Papua New Guinea	7.39	2017	83	7.92
87 ↓	Swaziland	6.75	2007	86	6
88 ↓	Slovakia	5.33	2014	87	5.7
89 ↓	Venezuela	4.28	2002	88	5.06
90 ↑	Ecuador	4.08	2000	93	2.66
91 ↓	Paraguay	3.54	1999	90	3.96
92 ↓	Ukraine	3.37	2018	89	4.64
93 ↓	Bermuda	3.22	2020	48	39.62
94 ↓	Costa Rica	3.07	2020	91	3.46
95 ↓	Belarus	2.6	2016	94	0.95
96 ↓	Uruguay	1.38	1996	85	6.74
97 ↓	Algeria	0.21	2018	95	0.21
98 ↓	Azerbaijan	0.07	1999	96	0.07

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.