This website stores cookies on your computer. Category. | A paid subscription is required for full access. "Distribution of Countries with Largest Stock Markets Worldwide as of January 2022, by Share of Total World Equity Market Value. | Gross National Product (GNP) and GNI are quite similar concept and there are only small differences in the way they are calculated. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Potential decoupling of mainland China and its regions from the US - Over . Here's a list of the top 20 largest companies traded in the U.S. by market cap as of April 2022: 5. The Dow Jones Industrial . These cookies are used to collect information about how you interact with our website and allow us to remember you. Business and economic data for 200 countries, * indicates monthly or quarterly data series. You can see the lack of passion in the fact that fewer stocks were participating in the markets gains in the back half of the year. All Rights Reserved. NYSE has 2400 listed companies which . The market cap to GDP ratio would be approximately 1.66 (25 trillion/15 trillion). Payable monthly by credit card. In January alone, video game retailer GameStop (GME) gained as much as 1,700%and AMC Entertainment Holdings (AMC) surged more than 800%. Though it began at the start of the 19th Century, its origin dates back to 1570, when the Royal Exchange was inaugurated, which was the stock market of that time that acted as Londons commercial center. The table below also shows the historical correlation between the ratio and the subsequent 3-year stock market returns. Report. General Comments: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Throughout 2021, the Fed kept interest rates near zero and continued pumping billions of dollars into markets each monthmeasures that encouraged investors to seek out higher-returning assets, like stocks, and contributed to higher inflation. They can use their often substantial foreign exchange reserves to stabilize the market. Stock market capitalization, percent of GDP in Europe, Stock market capitalization, percent of GDP in Asia, Stock market capitalization, percent of GDP in Africa, Stock market capitalization, percent of GDP in North America, Stock market capitalization, percent of GDP in South America, Stock market capitalization, percent of GDP in Australia, Stock market capitalization, percent of GDP in the European union, Stock market capitalization, percent of GDP in Sub Sahara Africa, Stock market capitalization, percent of GDP in MENA, Stock market capitalization, percent of GDP in South East Asia, Stock market capitalization, percent of GDP in Latin America. Editorial Note: We earn a commission from partner links on Forbes Advisor. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates. This would suggest that TMC-to-GNI ratio is a powerful indicator of market valuations even though it offers no insights for short-term market movements. 2021 CEIC Data, an ISI Emerging Markets Group Company. Microsoft finished up the year 51%, Apple up 34%, and even Meta Platforms (ne Facebook) posted double-digit gains. 2021 CEIC Data, an ISI Emerging Markets Group Company. Although the market is already large, some forecasts point to an annual growth rate of 6% in the next five to six years. As of October 2016, there were about 2400 stocks listed on the NYSE. The average for 2020 based on 67 countries was 98.6 percent.The highest value was in Hong Kong: 1777.28 percent and the lowest value was in Costa Rica: 3.06 percent. The stock market crested in 2000 and didn't reach its lowest ebb until 2002. Apple: $2.8 trillion. In 1914, and as a result of the start of World War I, the stock market suffered its first major closure in its forex week history, and remained closed for four months and two weeks. Key information about United States Market Capitalization. In most cases, rates movements follow speculation on the quantity of the FX that Central Bank would likely want to offer for sale sell in market. Commissions do not affect our editors' opinions or evaluations. In fact, the S&P 500 notched 70 all-time highs in 2021, a record thats second only to 1995. Foreign exchange trading occurs around the clock and throughout all global markets. Meanwhile, a rush of companies made the leap from privately held to publicly traded thanks to a flurry of deals via SPACs, or special purpose acquisition companies. There is also no convincing evidence that they actually make a profit from trading. Towards the end of WWII, a meeting was held by the allied nations to formalize the currency exchange rates between nations. The $1.8 trillion American Rescue Plan of 2021 is set to supercharge the U.S. recovery as COVID-19 restrictions are lifted. However, a word of caution is in order. The new Covid-19 variants have extended the duration of the pandemic and delayed a return to normal. 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. Foreign exchange trading has emerged as an important center for bank profitability. Deutsche Bank holds the bank accounts for many corporations, giving it a natural advantage in foreign exchange trading. MOEX Russia Index. 6. . Private companies are not included in our lists as it is difficult to calculate their market value and know their financials. A single cookie will be used in your browser to remember your preference not to be tracked. Need comprehensive data? The imposition of financial discipline on governments as borrowers, as taxing bodies, and as issuers of money is not a bad thing, and most economists would see it as promoting an efficient distribution of resources. A contested presidential election, an assault on the Capitol, historically high inflation, supply chain disruptions, naysayers who forecasted a correction that never appearednone of these events stopped stocks from notching all-time highs. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Most folks havent really lived through big sticker shock, Bassuk says. Countries with the largest stock markets worldwide as of 2020, by market capitalization of listed companies (in trillion U.S. dollars) [Graph], Knoema, September 8, 2021. The year ended with the Consumer Price Index (CPI) rising at the fastest clip on an annual basis since the early 1980s, meaning that its the first time that many consumers and investors alike have contended with this type of inflation. Negative correlation means that a lower-than-average ratio is correlated with higher-than-average returns. In 2017, the figures are totally different, as the North Americans dominate the market with 53% of the market capitalization, with just 8.4% for Japan and 6.2% for the United Kingdom. Market capitalization figures exclude: collective investment funds ; rights, warrants, ETFs, convertible instruments ; options, futures ; foreign listed shares other than exclusively listed ones; companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status; and companies admitted to trading (i.e., companies whose shares are traded at the exchange but not listed at the exchange). The development of an economy's financial markets is closely related to its overall development. But, while their amalgamated sum is massive, there are vast discrepancies between the value of each. The correlation calculations include the period of the 2008 financial crisis when both the stock returns and GNI of practically all of the nations in the world were plummeting and the after-crisis period of fast recovery of both economic activity and share prices. They were placed on your computer when you launched this website. Includes 314 key indicators for United States, curated by CEIC analysts. The most common practice is to use GDP when calculating the cap-to-economy ratio but using Gross National Income (GNI) gives more accurate results. In, Credit Suisse. As shown in Figure 3, this level of Federal Reserve support eased credit risk premiums reflected in the difference between the yield on corporate bonds with lower credit ratings and the U.S. 10-year Treasury bond yield. We are also frequently conducting custom data collection projects for our clients, ranging from a few hours of work to research projects occupying a full-time team of data scraping specialists. The current cap-to-GNI of the United States is 156.66% (Jan 1st, 2023). It was a wild year in many respects, but the stock market turned in a solid performance in 2021. Suitable for enterprise usage. Fueled by a desire to upend the status quo and also turn a profit, amateur investors used social media to drive up shares of companies that hedge fund professionals were shorting. $210.06. Stock Exchangealso known as the share market is an organization that allows a person or company to buy and sell securities. The United States of America is the top country by market capitalization in the world. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. As the Fed eases up its support, investors will once again focus more on whether the fundamentals that drive stock pricesthe pace of economic growth and corporate earningscan support another year of double-digit gains. In a Thursday note the analyst said "eye popping demand" in China will drive Tesla's market cap . The data reached an all-time high of 40,719.661 USD bn in Dec 2020 and a record low of 703.800 USD bn in Dec 1975. While speculative fervor may have cooled and dynamics within the market shifted, investors had reason to remain optimistic because of the very robust economic recovery. Below is a chart for all countries where data are available. Over recent years, it's been no surprise to see Big Tech near the top of any list. The S&P 500 consists of 500 large US companies. If these periods are excluded, the correlations are slightly weaker but still more than significant. In 1988, eight of the ten largest companies in terms of market capitalization in the world were Japaneseof which five were banksand only one, ExxonMobil, was from the United States. See also: Thematic map, Time series comparison, More rankings: Suitable for enterprise usage. Statista. Currently, you are using a shared account. This has meant the recovery has moved in more of a lurching fashion than a linear one, adds Matt Stucky, senior portfolio manager at Northwestern Mutual. In this way, the determination of the FX rate is to a large extent left to the market forces. Dr. Ed Yardeni has pointed out some possible shortcomings of using the ratio to estimate the current market valuations. The correlations suggest strong negative relationship between the ratio and stock market returns for almost all of the countries: when the cap-to-GNI is higher than historical averages, the stock returns are going to be lower.