Animated: The Most Valuable Brands From 2000–2022
The Most Valuable Brands From 2000–2022
How much money is a brand truly worth?
For some companies, a brand is something that helps slightly boost customer engagement and sales. But for others, including some of the largest companies in the world, a strong brand is one of their most valuable assets.
This animated graphic by James Eagle uses the annual brand rankings from Interbrand to track the world’s most valuable brands from 2000 to 2022.
Measuring Brand Value
One of the difficulties of brand valuation is its subjectivity.
In accounting, the value of a brand is sometimes represented as an intangible asset called goodwill on the balance sheet. That’s because the brand power associated with a company (i.e. brand recognition, brand loyalty, customer base, reputation, etc.) often makes a company more valuable than just the sum of its tangible assets like land, buildings, or product inventory.
This works for accounting purposes but is still a rough estimation, and doesn’t precisely quantify a brand’s true value.
For Interbrand’s studies, a consistent formula for brand strength was utilized which is based on a company’s financial forecast, brand role, and brand strength. It uses estimates of the present value of earnings a brand is forecasted to generate in the future.
The Top 10 Most Valuable Brands Since 2000
When the 2000s started, the internet was top-of-mind in terms of both markets and customer perception. The Dotcom bubble was driving the world’s largest companies, and brand value at the time reflected tech’s popularity:
Half of the top 10 most valuable brands at the time were in tech or telecom, including Microsoft, IBM, and Nokia.
Others were classic American brands and companies at the top of their fields, including Coca-Cola, General Electric, Ford, and McDonald’s.
But over the next 20 years, much of the old guard was replaced by new and rising brands. By 2022, only three of the top 10 most valuable brands from 2000 remained at the top:
Apple’s brand is now worth an estimated $482 billion, even though the company didn’t even crack the top 10 list back in the year 2000.
In fact, four of the top five brands on the 2022 list are directly in tech, and even Amazon (#3) is often considered a tech giant. Not surprisingly, brand value in the top 10 has grown almost across the board, though Coca-Cola is a notable exception, dropping $15 billion in estimated brand value over 22 years.
How will the most valuable brands continue to evolve over the coming decades?
This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.
Ranked: The World’s Most Valuable Bank Brands (2019-2023)
This infographic ranks the 10 most valuable bank brands over the past five years (Spoiler: U.S. banks aren’t in the top four)
The World’s Most Valuable Bank Brands (2019-2023)
Since 2019, Chinese banks have held the top four spots on Brand Finance’s Banking 500—an annual ranking of the most valuable bank brands.
Brand value in this context is a measure of the “value of the trade mark and associated marketing IP within the branded business”. In other words, it measures the value of intangible marketing assets, and not the overall worth of the business itself.
In this infographic, we’ve visualized the Banking 500’s top 10 brands since 2019 to show you how the ranking has evolved (or stayed the same).
Top Bank Brands of 2023
The 10 most valuable bank brands of 2023 are evenly split between China and the United States. In terms of combined brand value, China leads with $262 billion to America’s $165 billion.
|Rank||Bank||Brand Value (USD billions)|
|2||🇨🇳 China Construction Bank||$62.7|
|3||🇨🇳 Agricultural Bank of China||$57.7|
|4||🇨🇳 Bank of China||$47.3|
|5||🇺🇸 Bank of America||$38.6|
|6||🇺🇸 Wells Fargo||$33.0|
|7||🇺🇸 JP Morgan||$31.8|
|10||🇨🇳 China Merchants Bank||$24.5|
Chinese banks have a massive market to serve, which helps to lift the perceived value of their brands. For example, Industrial and Commercial Bank of China (ICBC) serves over 500 million individuals as well as several million business clients.
It’s worth noting that ICBC is the world’s largest bank in terms of assets under management ($5.5 trillion as of Dec 2021), and in terms of annual revenues ($143 billion as of Dec 2022). The bank was founded just 39 years ago in 1984.
After ICBC, the next three spots are occupied by the rest of China’s “big four” banks, all of which are state-owned.
The fifth to ninth spots on this ranking are occupied by an assortment of America’s largest banks. Despite a string of controversies in recent years, Wells Fargo rose from eighth in 2022 to sixth in 2023. This goes to show that large corporations can often recover from a scandal in a relatively short period of time (e.g. Volkswagen’s Dieselgate).
Coming in tenth is China Merchants Bank, which is China’s first “joint-stock commercial bank wholly owned by corporate legal entities”.
Top Asset Management Brands
Brand Finance’s 2023 ranking also includes a separate category for asset managers.
|Rank||Asset Manager||Brand Value (USD billions)|
|5||🇨🇳 Cinda International Holdings Limited||$3.2|
|7||🇺🇸 Union Investment||$2.3|
|8||🇺🇸 Franklin Templeton Investments||$2.1|
|9||🇺🇸 Ameriprise Financial||$2.0|
Given America’s leadership in financial markets, it’s no surprise to see eight out of the 10 firms listed here as being based in the United States. The number one spot, however, is held by Canada’s Brookfield. The Canadian alternative asset manager is building a strong brand through its investments in renewable energy and other high-value infrastructure.
Money4 weeks ago
Comparing the Speed of Interest Rate Hikes (1988-2023)
Demographics2 weeks ago
Ranked: The Cities with the Most Skyscrapers in 2023
Africa4 weeks ago
Map Explainer: Sudan
Mining2 weeks ago
Ranked: The World’s Biggest Steel Producers, by Country
Misc4 weeks ago
Visualized: The World’s Busiest Airports, by Passenger Count
Announcement1 week ago
Join Us For Data Creator Con 2023
AI3 weeks ago
Visualizing Global Attitudes Towards AI
Central Banks1 week ago
Charted: Public Trust in the Federal Reserve