Stats › Global markets and exchanges › World equity market
The world equity market
Every so often it's worth stepping back and asking how big the thing you're trading in actually is. What all the listed companies in the world are worth, how many of them there are, and how much changes hands in a month. Those numbers are published. They're just scattered across sources that don't quite agree with each other.
This page pulls them into one place. The world total, the listing count, monthly trading volume and the country split. The figure I'd point at first is the concentration one, because it has moved further and faster than anything else here. The United States went from 36.6% of world equity value in 2015 to 49.1% in 2024, over a period when its share of world economic output didn't move remotely as much.
There's also a short section on why two sources can both be right and be sixty five trillion dollars apart, which is the sort of thing that starts arguments and shouldn't. One counts every listed share, the other counts only the shares actually available to buy. Note that the market value series has a source break at 2025 and I've labelled it rather than pretending the line is continuous. Everything is linked and dated at the bottom, and most of it is free to look up.
World equity market capitalisation reached $166.45 trillion in July 2026 across 60,834 listed companies, on monthly share trading of $24.37 trillion. Calendar 2025 was exceptional: market value rose 18.5% to $151.94 trillion, adding more than $23 trillion in a year, and trading value rose 36.8%. The concentration figure is the one that has moved fastest. The United States was 36.6% of world equity value in 2015 and 49.1% in 2024. On MSCI's free float basis the US is 63.63% of the All Country World Index and 72.45% of the developed market World Index.
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Below this point there are 9 sections, 2 charts and 4 named sources, roughly 1500 words of it. Every figure carries the source it came from and the date the data is from.
You can keep browsing every statistic in the library for free. The intro and the summary are always open.