Markets

All of the World’s Stock Exchanges by Size

Published

8 years ago

February 17, 2016

Jeff Desjardins

All of the World's Stock Exchanges by Size

All of the World’s Stock Exchanges by Size

The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.

There are 60 major stock exchanges throughout the world, and their range of sizes is quite surprising.

At the high end of the spectrum is the mighty NYSE, representing $18.5 trillion in market capitalization, or about 27% of the total market for global equities.

At the lower end? Stock exchanges on the tiny islands of Malta, Cyprus, and Bermuda all range from just $1 billion to $4 billion in value. Even added together, these three exchanges make up just 0.01% of total market capitalization.

The Trillion Dollar Club

There are 16 exchanges that are a part of the “$1 Trillion Dollar Club” with more than $1 trillion in market capitalization. This elite group, with familiar names such as the NYSE, Nasdaq, LSE, Deutsche Borse, TMX Group, and Japan Exchange Group, comprise 87% of the world’s total value of equities.

Added together, the 44 names outside of this aforementioned group combine for just $9 trillion, or 13%, of the world’s total market capitalization.

Northern Dominance

From a geographical perspective, it is the Northern Hemisphere that is dominant. North America and Europe both hold 40.6% and 19.5% respectively of the world’s markets, and the vast majority of Asia’s 33.3% lies north of the equator in places like Shenzhen, Hong Kong, Tokyo, and Shanghai.

Notable exchanges that are south of the equator include the Australian Securities Exchange, the Indonesia Stock Exchange, the Johannesburg Stock Exchange and the Brazilian BM&F Bovespa.

Notes on Data

Our information in this data visualization comes from the World Federation of Exchanges monthly report from November 2015. It is also worth noting that the London Stock Exchange (and its subsidiary Italian exchange) announced that it was leaving the WFE in 2013. Therefore, we retrieved the data on the LSE and the Borsa Italia from their website market reports, and converted the local currencies into USD.

About the Money Project

The Money Project aims to use intuitive visualizations to explore ideas around the very concept of money itself. Founded in 2015 by Visual Capitalist and Texas Precious Metals, the Money Project will look at the evolving nature of money, and will try to answer the difficult questions that prevent us from truly understanding the role that money plays in finance, investments, and accumulating wealth.

Related Topics:equities stocks markets stock markets stock exchanges

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Markets

Mapped: Europe’s GDP Per Capita, by Country

Which European economies are richest on a GDP per capita basis? This map shows the results for 44 countries across the continent.

Published

1 day ago

May 6, 2024

Pallavi Rao

A cropped map of GDP per capita levels for 44 European countries.

Mapped: Europe’s GDP Per Capita, by Country (2024)

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Europe is home to some of the largest and most sophisticated economies in the world. But how do countries in the region compare with each other on a per capita productivity basis?

In this map, we show Europe’s GDP per capita levels across 44 nations in current U.S. dollars. Data for this visualization and article is sourced from the International Monetary Fund (IMF) via their DataMapper tool, updated April 2024.

Europe’s Richest and Poorest Nations, By GDP Per Capita

Luxembourg, Ireland, and Switzerland, lead the list of Europe’s richest nations by GDP per capita, all above $100,000.

Rank	Country	GDP Per Capita (2024)
1	🇱🇺 Luxembourg	$131,380
2	🇮🇪 Ireland	$106,060
3	🇨🇭 Switzerland	$105,670
4	🇳🇴 Norway	$94,660
5	🇮🇸 Iceland	$84,590
6	🇩🇰 Denmark	$68,900
7	🇳🇱 Netherlands	$63,750
8	🇸🇲 San Marino	$59,410
9	🇦🇹 Austria	$59,230
10	🇸🇪 Sweden	$58,530
11	🇧🇪 Belgium	$55,540
12	🇫🇮 Finland	$55,130
13	🇩🇪 Germany	$54,290
14	🇬🇧 UK	$51,070
15	🇫🇷 France	$47,360
16	🇦🇩 Andorra	$44,900
17	🇲🇹 Malta	$41,740
18	🇮🇹 Italy	$39,580
19	🇨🇾 Cyprus	$37,150
20	🇪🇸 Spain	$34,050
21	🇸🇮 Slovenia	$34,030
22	🇪🇪 Estonia	$31,850
23	🇨🇿 Czech Republic	$29,800
24	🇵🇹 Portugal	$28,970
25	🇱🇹 Lithuania	$28,410
26	🇸🇰 Slovakia	$25,930
27	🇱🇻 Latvia	$24,190
28	🇬🇷 Greece	$23,970
29	🇭🇺 Hungary	$23,320
30	🇵🇱 Poland	$23,010
31	🇭🇷 Croatia	$22,970
32	🇷🇴 Romania	$19,530
33	🇧🇬 Bulgaria	$16,940
34	🇷🇺 Russia	$14,390
35	🇹🇷 Türkiye	$12,760
36	🇲🇪 Montenegro	$12,650
37	🇷🇸 Serbia	$12,380
38	🇦🇱 Albania	$8,920
39	🇧🇦 Bosnia & Herzegovina	$8,420
40	🇲🇰 North Macedonia	$7,690
41	🇧🇾 Belarus	$7,560
42	🇲🇩 Moldova	$7,490
43	🇽🇰 Kosovo	$6,390
44	🇺🇦 Ukraine	$5,660
N/A	🇪🇺 EU Average	$44,200

Note: Figures are rounded.

Three Nordic countries (Norway, Iceland, Denmark) also place highly, between $70,000-90,000. Other Nordic peers, Sweden and Finland rank just outside the top 10, between $55,000-60,000.

Meanwhile, Europe’s biggest economies in absolute terms, Germany, UK, and France, rank closer to the middle of the top 20, with GDP per capitas around $50,000.

Finally, at the end of the scale, Eastern Europe as a whole tends to have much lower per capita GDPs. In that group, Ukraine ranks last, at $5,660.

A Closer Look at Ukraine

For a broader comparison, Ukraine’s per capita GDP is similar to Iran ($5,310), El Salvador ($5,540), and Guatemala ($5,680).

According to experts, Ukraine’s economy has historically underperformed to expectations. After the fall of the Berlin Wall, the economy contracted for five straight years. Its transition to a Western, liberalized economic structure was overshadowed by widespread corruption, a limited taxpool, and few revenue sources.

Politically, its transformation from authoritarian regime to civil democracy has proved difficult, especially when it comes to institution building.

Finally, after the 2022 invasion of the country, Ukraine’s GDP contracted by 30% in a single year—the largest loss since independence. Large scale emigration—to the tune of six million refugees—is also playing a role.

Despite these challenges, the country’s economic growth has somewhat stabilized while fighting continues.