Stocks traded, total value (current US$) by country
The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of...
What the numbers show
Stocks traded, total value (current US$) is currently reported for 103 countries. The highest value is 59.22 trillion current US$ in China; the lowest is 130,000 current US$ in Uruguay.
The median across all reporting countries is 9.49 billion current US$, and the mean is 1.48 trillion current US$.
Over the past decade 63 countries rose and 40 fell. The largest increase was in Latvia (up 795,900.0%), and the largest decrease in Ukraine (down 100.0%).
Stocks traded, total value: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | China | 59.22 trillion current US$ | 2025 | up 50.6% | volatile |
| 2 | United States | 55.47 trillion current US$ | 2025 | up 34.0% | volatile |
| 3 | Japan | 8.34 trillion current US$ | 2025 | up 49.6% | volatile |
| 4 | Hong Kong | 5.86 trillion current US$ | 2025 | up 183.5% | volatile |
| 5 | South Korea | 3.30 trillion current US$ | 2025 | up 79.1% | volatile |
| 6 | Canada | 2.92 trillion current US$ | 2025 | up 166.6% | volatile |
| 7 | India | 2.87 trillion current US$ | 2025 | up 258.3% | volatile |
| 8 | Italy | 2.06 trillion current US$ | 2014 | up 128.4% | volatile |
| 9 | Germany | 1.48 trillion current US$ | 2025 | up 2.8% | volatile |
| 10 | France | 1.33 trillion current US$ | 2015 | up 4.5% | volatile |
| 11 | Australia | 1.10 trillion current US$ | 2025 | up 46.6% | volatile |
| 12 | Brazil | 1.03 trillion current US$ | 2025 | up 146.0% | volatile |
| 13 | Turkey | 977.10 billion current US$ | 2025 | up 179.4% | volatile |
| 14 | Switzerland | 893.44 billion current US$ | 2025 | down 6.5% | volatile |
| 15 | United Kingdom | 636.82 billion current US$ | 2023 | down 62.0% | volatile |
| 16 | Netherlands | 476.18 billion current US$ | 2014 | down 24.2% | volatile |
| 17 | Spain | 469.33 billion current US$ | 2025 | down 52.0% | volatile |
| 18 | Saudi Arabia | 333.03 billion current US$ | 2025 | down 23.8% | volatile |
| 19 | Sweden | 309.80 billion current US$ | 2004 | up 250.1% | volatile |
| 20 | Thailand | 290.25 billion current US$ | 2025 | up 7.0% | volatile |
| 21 | South Africa | 284.15 billion current US$ | 2025 | up 21.4% | volatile |
| 22 | Vietnam | 226.27 billion current US$ | 2025 | up 852.9% | volatile |
| 23 | Indonesia | 215.76 billion current US$ | 2025 | up 187.5% | volatile |
| 24 | Russia | 214.43 billion current US$ | 2023 | down 8.9% | volatile |
| 25 | Finland | 188.76 billion current US$ | 2004 | up 1,319.7% | volatile |
| 26 | Israel | 164.33 billion current US$ | 2025 | up 191.5% | volatile |
| 27 | United Arab Emirates | 150.65 billion current US$ | 2025 | up 161.5% | volatile |
| 28 | Malaysia | 141.33 billion current US$ | 2025 | up 26.8% | volatile |
| 29 | Mexico | 127.06 billion current US$ | 2025 | up 22.6% | volatile |
| 30 | Poland | 121.80 billion current US$ | 2025 | up 131.4% | volatile |
| 31 | Singapore | 114.20 billion current US$ | 2019 | down 55.0% | volatile |
| 32 | Belgium | 107.25 billion current US$ | 2014 | up 42.8% | volatile |
| 33 | Norway | 101.70 billion current US$ | 2019 | down 51.0% | volatile |
| 34 | Kuwait | 82.02 billion current US$ | 2025 | up 205.0% | volatile |
| 35 | Denmark | 68.19 billion current US$ | 2004 | up 164.4% | volatile |
| 36 | Chile | 55.07 billion current US$ | 2025 | up 179.9% | volatile |
| 37 | Greece | 48.12 billion current US$ | 2025 | up 168.2% | volatile |
| 38 | Portugal | 46.80 billion current US$ | 2014 | up 26.1% | volatile |
| 39 | Austria | 39.12 billion current US$ | 2025 | up 23.3% | volatile |
| 40 | Ireland | 32.08 billion current US$ | 2018 | up 82.7% | volatile |
| 41 | Pakistan | 30.93 billion current US$ | 2025 | up 5,631.1% | volatile |
| 42 | Qatar | 28.96 billion current US$ | 2025 | up 19.9% | rising |
| 43 | Philippines | 24.59 billion current US$ | 2025 | down 36.0% | volatile |
| 44 | Egypt | 23.75 billion current US$ | 2025 | up 60.9% | volatile |
| 45 | Iran | 21.90 billion current US$ | 2025 | up 159.3% | volatile |
| 46 | Morocco | 13.25 billion current US$ | 2025 | up 354.0% | volatile |
| 47 | New Zealand | 13.15 billion current US$ | 2025 | up 45.1% | volatile |
| 48 | Hungary | 13.06 billion current US$ | 2025 | up 75.5% | volatile |
| 49 | Iceland | 11.74 billion current US$ | 2004 | up 60,080.5% | volatile |
| 50 | Oman | 10.33 billion current US$ | 2025 | up 190.2% | volatile |
| 51 | Bangladesh | 9.88 billion current US$ | 2025 | down 27.4% | volatile |
| 52 | Colombia | 9.49 billion current US$ | 2025 | down 18.1% | volatile |
| 53 | Czechia | 6.20 billion current US$ | 2025 | down 42.5% | volatile |
| 54 | Nigeria | 3.27 billion current US$ | 2025 | down 20.0% | volatile |
| 55 | Sri Lanka | 3.15 billion current US$ | 2025 | up 75.5% | volatile |
| 56 | Romania | 3.14 billion current US$ | 2025 | up 78.7% | volatile |
| 57 | Jordan | 3.02 billion current US$ | 2025 | down 15.1% | volatile |
| 58 | Bahrain | 1.62 billion current US$ | 2025 | up 450.6% | volatile |
| 59 | Peru | 1.33 billion current US$ | 2025 | down 8.0% | volatile |
| 60 | Argentina | 1.16 billion current US$ | 2023 | down 48.2% | volatile |
| 61 | Tunisia | 1.06 billion current US$ | 2025 | up 19.2% | volatile |
| 62 | Estonia | 899.20 million current US$ | 2004 | up 30.1% | volatile |
| 63 | Slovenia | 807.09 million current US$ | 2025 | up 121.4% | volatile |
| 64 | Kenya | 711.59 million current US$ | 2025 | up 4.2% | volatile |
| 65 | Croatia | 616.37 million current US$ | 2025 | up 45.4% | volatile |
| 66 | Kazakhstan | 586.96 million current US$ | 2025 | down 77.9% | volatile |
| 67 | Panama | 532.01 million current US$ | 2025 | up 114.3% | volatile |
| 68 | Jamaica | 422.26 million current US$ | 2025 | down 31.1% | volatile |
| 69 | Palestine | 383.19 million current US$ | 2025 | up 19.6% | volatile |
| 70 | Botswana | 360.97 million current US$ | 2025 | up 127.8% | volatile |
| 71 | Bulgaria | 317.81 million current US$ | 2025 | down 63.9% | volatile |
| 72 | Mauritius | 259.19 million current US$ | 2025 | down 43.8% | volatile |
| 73 | Serbia | 240.60 million current US$ | 2012 | up 103.7% | volatile |
| 74 | Zimbabwe | 201.16 million current US$ | 1999 | up 300.7% | rising |
| 75 | Tanzania | 175.92 million current US$ | 2025 | up 849.9% | volatile |
| 76 | Cote d'Ivoire | 169.10 million current US$ | 2020 | down 25.5% | volatile |
| 77 | Cyprus | 168.13 million current US$ | 2025 | up 28.4% | volatile |
| 78 | Latvia | 159.20 million current US$ | 2004 | up 795,900.0% | volatile |
| 79 | Venezuela | 88.80 million current US$ | 2002 | down 94.4% | volatile |
| 80 | Zambia | 88.68 million current US$ | 2025 | up 387.3% | volatile |
| 81 | Seychelles | 83.35 million current US$ | 2025 | down 47.2% | volatile |
| 82 | Luxembourg | 77.36 million current US$ | 2025 | down 19.4% | volatile |
| 83 | Malta | 57.66 million current US$ | 2025 | down 35.1% | volatile |
| 84 | Costa Rica | 43.71 million current US$ | 2022 | up 30.1% | volatile |
| 85 | Montenegro | 43.51 million current US$ | 2012 | down 87.8% | volatile |
| 86 | Ghana | 40.58 million current US$ | 2025 | down 79.0% | volatile |
| 87 | Namibia | 22.56 million current US$ | 2024 | down 67.7% | volatile |
| 88 | Uzbekistan | 14.57 million current US$ | 2025 | down 53.1% | volatile |
| 89 | Lebanon | 14.11 million current US$ | 2022 | down 96.5% | volatile |
| 90 | Ecuador | 13.20 million current US$ | 2002 | down 81.5% | volatile |
| 91 | Belarus | 12.66 million current US$ | 2025 | up 50.0% | falling |
| 92 | Slovakia | 10.24 million current US$ | 2014 | down 98.6% | volatile |
| 93 | Bermuda | 9.76 million current US$ | 2025 | down 36.3% | volatile |
| 94 | Paraguay | 9.40 million current US$ | 2002 | down 51.0% | falling |
| 95 | Azerbaijan | 9.10 million current US$ | 2025 | up 359.6% | volatile |
| 96 | Rwanda | 4.17 million current US$ | 2025 | down 69.5% | volatile |
| 97 | Eswatini | 3.54 million current US$ | 2007 | down 99.0% | volatile |
| 98 | Armenia | 2.99 million current US$ | 2025 | up 14,850.0% | volatile |
| 99 | Ukraine | 1.32 million current US$ | 2019 | down 100.0% | volatile |
| 100 | Cayman Islands | 1.30 million current US$ | 2020 | up 30.0% | volatile |
| 101 | Papua New Guinea | 900,000 current US$ | 2017 | down 98.3% | volatile |
| 102 | Barbados | 220,000 current US$ | 2021 | down 99.8% | volatile |
| 103 | Uruguay | 130,000 current US$ | 1999 | down 98.6% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Channel Islands 100,000 current US$
- World 149.98 trillion current US$
- High income 84.44 trillion current US$
- East Asia & Pacific 82.26 trillion current US$
- Post-demographic dividend 79.96 trillion current US$
- OECD members 75.55 trillion current US$
- IDA & IBRD total 65.72 trillion current US$
- IBRD only 65.67 trillion current US$
- Low & middle income 65.53 trillion current US$
- Middle income 65.53 trillion current US$
- Upper middle income 62.58 trillion current US$
- Late-demographic dividend 61.39 trillion current US$
About this data
The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.