The value of global domestic equity market increased from 65.04 trillion U.S. dollars in 2013 to 111 trillion U.S. dollars in 2023. The United States was by farthe leading country with the largest share of total world stocks as of 2023.
Global market capitalization in different regions
The market capitalization of domestic companies listed varied across different regions of the world. As of Decmber 2023,the Americas region had the largest domestic equity market, totaling 54 trillion U.S. dollars. This region is home to the NYSE and Nasdaq, which are the two largest stock exchange operators in the world. The market capitalization of these two exchanges alone exceeded 48 billion U.S. dollars as of December 2023, larger than the market capitalization in the Asia-Pacific (34 trillion U.S. dollars) and EMEA (23 trillion U.S. dollars) regions in the same period.
Largest Stock Exchanges in Latin America
As of December 2023, the B3 (Brasil Bolsa Balcao) was the biggest stock exchange in Latin America in terms ofmarket capitalization and number of listed companies. Following the B3 were the Mexican Stock Exchange and the Santiago Stock Exchange in Chile. Moreover, the B3 also facilitated the trading of Petrobras, the largest Latin American company, with a market capitalization of nearly 95 billion U.S. dollars as of the same period.
