Important Notice : When using these data, please always mention the "World Federation of Exchanges" as the source of information.
DOMESTIC MARKET CAPITALIZATION
(Main & Parallel Markets)
(in USD millions)
Exchange End 1990 End 1991 End 1992 End 1993 End 1994 End 1995 End 1996 End 1997 End 1998 End 1999 End 2000 End 2001 End 2002 End 2003
Americas
American SE 1 102,301.5 124,454.2 88,796.8 105,115.8 86,036.5 103,147.0 97,910.8 124,606.2 126,307.0 90,745.2 82,717.4 60,223.3 45,690.6 92,877.2
Bermuda SE NA NA NA NA NA NA NA NA 1,500.0 1,323.3 2,159.7 2,468.6 2,175.1 2,901.0
BM&FBOVESPA 11,201.2 32,152.1 45,416.4 96,779.1 189,303.3 147,635.8 216,906.2 255,478.0 160,886.4 227,962.1 226,152.3 186,237.6 121,640.5 226,357.7
Buenos Aires SE 3,615.3 18,639.5 18,622.9 44,055.1 36,867.0 37,783.8 44,692.3 59,251.9 45,332.8 55,847.6 45,839.3 33,384.0 16,548.6 34,994.7
Colombia SE NA NA NA NA NA NA NA NA NA NA NA NA NA 14,258.5
Lima SE 812.0 1,118.0 2,630.0 5,113.0 8,178.0 10,907.0 12,583.0 15,484.5 9,868.5 12,091.9 9,749.8 9,790.4 11,441.4 14,125.0
Mexican Exchange 41,053.8 102,763.7 138,744.6 200,865.2 130,245.8 90,694.0 106,770.5 156,595.0 91,745.8 154,043.8 125,203.9 126,258.4 103,941.2 122,533.0
NASDAQ OMX 310,800.0 490,684.7 618,774.0 791,706.0 793,668.7 1,159,939.8 1,511,824.4 1,726,390.4 2,243,734.0 5,204,620.4 3,597,085.9 2,739,674.7 1,994,494.0 2,844,192.6
NYSE Euronext (US) 2,692,123.0 3,484,340.3 3,798,238.1 4,212,956.0 4,147,936.7 5,654,815.4 6,841,987.6 8,879,630.6 10,277,899.8 11,437,597.3 11,534,612.9 11,026,586.5 9,015,270.5 11,328,953.1
Santiago SE 13,636.1 27,989.6 29,595.2 44,886.7 68,194.6 72,927.7 65,971.3 72,046.2 51,866.2 68,227.5 60,400.8 56,309.7 49,827.7 87,508.4
TSX Group 241,924.1 265,696.9 241,875.4 326,548.9 315,054.0 366,344.6 486,977.9 567,635.1 543,394.0 789,179.5 766,204.3 611,492.8 570,223.5 888,677.7
Asia - Pacific
Australian SE 107,936.0 142,404.1 133,555.0 202,013.8 216,825.9 243,474.7 311,864.8 295,765.6 328,853.7 427,655.4 372,794.4 375,598.2 380,087.0 585,431.0
Bombay SE NA NA NA NA NA NA NA NA NA NA NA NA 130,390.2 278,662.8
Bursa Malaysia 47,868.8 56,721.6 91,471.2 219,758.7 190,162.5 213,757.4 306,165.0 93,174.1 95,560.6 139,907.9 113,155.3 118,980.7 122,892.4 160,970.3
Colombo SE 917.0 1,936.0 1,439.0 2,501.4 2,856.6 1,998.1 1,865.2 2,096.0 1,704.6 1,584.0 1,074.1 1,331.5 1,680.4 2,711.1
Hong Kong Exchanges 83,385.9 121,880.9 171,983.5 385,042.7 269,507.8 303,705.3 449,218.8 413,322.6 343,566.5 609,090.4 623,397.7 506,072.9 463,054.9 714,597.4
Indonesia SE 8,081.0 6,823.0 12,038.0 32,824.0 47,240.8 66,453.8 90,857.4 29,050.0 22,077.9 64,044.7 26,812.5 22,997.9 30,067.0 54,659.1
2
Jasdaq NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Korea Exchange 3 110,301.1 96,466.0 107,661.1 139,583.9 191,778.1 181,954.8 139,121.7 41,881.4 114,593.3 306,127.5 148,361.2 194,470.1 216,116.6 298,248.1
National Stock Exchange India NA NA NA NA NA NA NA NA NA NA NA NA 112,453.9 252,893.4
New Zealand Exchange 4 8,823.8 14,284.9 14,680.3 24,595.3 27,117.7 31,949.8 36,879.3 29,889.2 24,458.4 27,827.1 18,489.5 17,736.5 21,714.6 33,049.8
Osaka SE 5 NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Philippine SE 6,631.5 10,835.3 15,335.2 40,148.2 56,648.0 58,779.6 80,464.0 31,211.4 34,910.9 41,536.1 25,261.4 20,606.2 18,197.6 23,190.5
Shanghai SE NA NA NA NA NA NA NA NA NA NA NA NA 306,443.6 360,106.3
Shenzhen SE NA NA NA NA NA NA NA NA NA NA NA NA 156,647.6 152,872.4
Singapore Exchange 6 34,268.5 47,593.5 48,933.7 135,050.2 136,302.8 150,958.6 153,106.7 106,317.0 96,472.7 198,039.5 155,125.6 117,338.0 101,553.7 148,502.6
Taiwan SE Corp. 98,927.0 123,459.8 100,166.4 193,251.5 247,325.1 187,206.0 273,776.4 287,813.1 260,498.4 376,507.9 247,596.9 292,872.2 261,311.2 379,060.4
Thailand SE 20,777.1 37,525.7 57,278.3 127,473.7 125,599.3 135,774.2 95,900.5 22,792.0 34,117.8 57,176.6 29,217.4 35,950.4 45,405.9 119,017.2
Tokyo SE 2,928,533.7 3,117,297.3 2,318,928.6 2,906,298.7 3,592,193.9 3,545,306.5 3,011,161.4 2,160,584.8 2,439,548.8 4,463,297.8 3,157,221.8 2,264,527.9 2,069,299.1 2,953,098.3
Europe - Africa - Middle East
Amman SE NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Athens Exchange 15,308.8 12,921.5 10,724.5 13,596.5 12,819.3 16,526.9 23,558.1 33,783.7 80,125.8 196,846.9 107,502.5 83,481.3 66,040.0 103,764.5
BME Spanish Exchanges 111,449.0 127,297.1 98,846.7 118,869.1 123,616.5 150,914.2 241,028.1 290,354.8 399,847.6 431,649.2 504,221.9 468,203.2 461,559.6 726,243.4
Borsa Italiana 7 148,765.5 158,811.1 123,659.4 145,299.6 185,970.7 209,521.9 256,595.3 344,665.0 565,974.5 728,240.4 768,363.4 527,467.3 477,075.4 614,841.6
Budapest SE NA NA NA NA NA NA NA NA NA NA 11,908.5 10,367.0 12,988.9 18,868.2
Casablanca SE NA NA NA NA NA NA NA NA NA NA 10,875.8 9,092.6 8,528.5 13,152.4
Cyprus SE NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Deutsche Börse 355,310.8 392,470.1 346,891.0 460,753.6 499,278.4 577,364.8 664,913.2 825,232.7 1,086,748.5 1,432,167.0 1,270,243.2 1,071,748.7 686,013.5 1,079,026.2
Egyptian Exchange NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Irish SE NA NA NA NA NA 25,835.9 34,737.6 49,371.4 66,596.2 68,773.2 81,882.5 75,297.8 59,937.5 85,070.6
Istanbul SE 19,065.0 15,508.0 9,755.9 36,612.7 21,605.1 20,771.7 30,311.8 61,095.0 33,645.6 112,715.8 69,658.9 47,149.9 34,216.7 68,379.2
Johannesburg SE 8 136,868.7 167,958.0 148,675.0 215,882.8 240,026.0 277,108.8 239,578.8 211,598.7 150,670.0 180,462.9 131,321.0 84,343.5 116,544.4 260,748.3
Ljubljana SE NA NA NA NA 215.9 296.7 890.8 1,875.5 2,984.9 2,854.0 3,099.6 3,461.3 5,577.9 7,134.1
London SE 9 850,011.8 986,107.2 928,392.6 1,150,557.3 1,145,290.4 1,346,640.7 1,642,582.4 1,996,225.1 2,372,738.1 2,855,351.2 2,612,230.2 2,164,716.2 1,856,194.4 2,460,064.0
London SE Group 9 - - - - - - - - - - - - - -
Luxembourg SE 10,455.5 11,275.8 11,920.9 19,314.4 28,518.4 30,443.3 32,410.6 33,892.2 37,930.7 35,938.7 34,016.4 23,782.8 24,550.5 37,333.2
Malta SE NA NA NA 7.2 19.0 376.6 409.4 422.2 788.0 3,861.6 2,024.3 1,356.9 1,373.7 1,844.7
Mauritius SE NA NA NA NA NA NA NA NA NA NA NA NA NA NA
MICEX NA NA NA NA NA NA NA NA NA NA NA 48,503.1 58,888.3 137,610.7
OMX Copenhagen SE 10 39,062.5 44,792.5 30,140.2 41,650.5 48,784.4 57,691.7 71,074.3 93,766.4 98,881.0 105,292.7 107,665.0 85,145.0 76,749.9 118,167.1
10
OMX Helsinki SE 22,721.3 14,236.7 12,205.4 23,595.2 38,307.6 44,137.5 62,579.3 73,322.2 153,811.0 349,393.6 293,634.7 190,455.8 138,832.6 170,283.4
OMX Stockholm SE 10 92,014.7 97,055.3 78,079.3 106,968.0 130,602.6 172,550.3 240,382.1 264,710.6 278,707.6 373,277.7 328,339.0 236,514.4 179,117.4 293,016.8
NASDAQ OMX Nordic Exchange 11 NA NA NA NA NA NA NA NA NA NA NA NA NA NA
NYSE Euronext (Europe) NA NA NA NA 761,000.0 906,500.0 1,105,700.0 1,322,700.0 1,903,268.0 2,444,300.0 2,271,727.5 1,889,455.1 1,538,684.4 2,076,410.2
Oslo Børs 26,129.8 21,997.2 17,840.4 27,541.7 36,458.6 44,587.0 56,879.1 66,502.6 46,272.6 63,695.3 65,266.7 69,444.8 68,103.1 95,919.9
Saudi Stock Market - Tadawul NA NA NA NA NA NA NA NA NA NA NA 73,199.4 74,857.4 157,302.2
SIX Swiss Exchange 157,634.6 173,765.7 189,117.1 270,879.1 284,721.3 398,088.1 400,285.4 575,338.7 701,576.3 693,133.0 792,316.4 625,908.7 547,020.4 727,103.0
Tehran SE NA NA 1,332.6 1,148.9 2,359.9 6,534.9 12,868.6 11,476.0 11,115.1 17,242.5 5,892.5 7,385.0 11,760.6 27,544.2
Tel Aviv SE 8,273.9 13,228.4 27,884.2 47,517.8 31,130.4 35,115.9 34,462.5 44,370.7 39,230.1 63,472.3 65,337.5 58,228.9 40,774.2 68,904.4
Warsaw SE NA 145.8 227.1 2,718.7 3,057.1 4,564.1 8,413.4 12,134.8 20,461.1 29,576.8 31,428.6 26,155.0 28,849.2 37,404.5
Wiener Börse 26,319.8 26,039.7 21,679.9 28,321.5 30,792.1 32,513.2 33,629.2 37,280.5 35,543.5 33,023.0 29,935.2 25,204.3 33,578.1 56,522.5
Information notes :
1
From 2005, American SE has changed its market cap calculation methodology. From 2009, American SE data are included in NYSE Euronext US ones following merger
2
In 2010, JASDAQ was integrated into Osaka SE
3
From 2005, Korea Exchange data include also Kosdaq following market integration
4
In 2010, New Zealand Exchange ceased its membership within WFE
5
From 2009, Osaka SE data includes Jasdaq ones after merger
6
From 2004, include Singapore-incorporated companies, foreign-incorporated companies with a primary listing,
and foreign-incorporated companies with a secondary listing but with the majority of their trading taking place on SGX
7
In 2010, Borsa Italiana merged with London SE to form the London Stock Exchange Group
8
From 2004, JSE figures include the market capitalization of all listed companies
9
From 2009, London SE data are consolidated into London SE Group after merger with Borsa Italiana
10
OMX Copenhagen, OMX Helsinki and OMX Stockholm have integrated OMX in 2005
11
NASDAQ OMX Nordic Exchange includes Copenhagen, Helsinki, Iceland, Stockholm, Tallinn, Riga and Vilnius Stock Exchanges
NA : Not Available
Source : World Federation of Exchanges members
End 2004 End 2005 End 2006 End 2007 End 2008 End 2009 End 2010
83,018.9 201,403.0 282,801.0 257,797.0 132,367.2 - -
1,852.0 2,124.8 2,703.5 2,731.1 1,912.3 1,360.2 1,535.0
330,346.6 474,646.9 710,247.4 1,369,711.3 591,965.5 1,337,247.7 1,545,565.7
40,593.8 47,590.3 51,240.1 57,070.2 39,850.4 45,744.9 63,909.8
25,222.9 50,500.8 56,204.3 101,956.0 87,716.2 140,519.9 208,501.7
17,974.8 24,139.7 40,021.6 69,386.5 37,876.8 71,662.5 103,347.5
171,940.3 239,128.0 348,345.1 397,724.6 234,054.9 352,045.4 454,345.2
3,532,912.0 3,603,984.9 3,865,003.6 4,013,650.3 2,248,976.5 3,239,492.4 3,889,369.9
12,707,578.3 13,632,303.0 15,421,167.9 15,650,832.5 9,208,934.1 11,837,793.3 13,394,081.8
116,924.3 136,493.3 174,418.8 212,910.2 131,808.0 230,732.4 341,798.9
1,177,517.6 1,482,184.6 1,700,708.1 2,186,550.2 1,033,448.5 1,676,814.2 2,170,432.7
776,402.8 804,014.8 1,095,858.0 1,298,315.0 683,871.6 1,261,909.3 1,454,490.6
386,321.1 553,073.7 818,878.6 1,819,100.5 647,204.8 1,306,520.3 1,631,829.5
181,623.8 180,517.5 235,580.9 325,290.3 189,239.2 289,219.4 408,689.1
3,657.0 5,720.0 7,768.9 7,553.2 4,285.9 9,546.7 19,923.9
861,462.9 1,054,999.3 1,714,953.3 2,654,416.1 1,328,768.5 2,305,142.8 2,711,316.2
73,250.6 81,428.1 138,886.4 211,693.0 98,760.6 214,941.5 360,388.1
NA NA 112,200.6 120,653.8 93,176.5 89,567.2 -
389,473.4 718,010.7 834,404.3 1,122,606.3 470,797.7 834,596.9 1,091,911.5
363,276.0 515,972.5 774,115.6 1,660,096.9 600,281.6 1,224,806.4 1,596,625.3
43,731.3 40,592.5 44,816.5 47,485.6 24,209.6 35,506.8 -
NA 191,969.0 183,668.4 212,147.4 147,436.3 227,913.5 271,831.4
28,602.0 39,817.8 68,269.8 102,852.7 52,030.6 86,349.4 157,320.5
314,315.7 286,190.3 917,507.5 3,694,348.0 1,425,354.0 2,704,778.5 2,716,470.2
133,404.6 115,661.9 227,947.3 784,518.6 353,430.0 868,374.0 1,311,370.1
217,617.8 257,340.6 384,286.4 539,176.6 264,974.4 481,246.7 647,226.4
441,435.8 476,018.0 594,659.4 663,716.0 356,710.6 658,991.4 818,490.5
115,390.4 123,885.0 140,161.3 197,129.4 103,128.2 176,956.1 277,731.7
3,557,674.4 4,572,901.0 4,614,068.8 4,330,921.9 3,115,803.7 3,306,082.0 3,827,774.2
18,383.4 37,644.1 29,729.5 41,216.4 35,894.7 31,826.6 30,864.4
121,921.4 145,120.7 208,256.1 264,960.8 90,200.0 112,632.4 67,586.4
940,672.9 959,910.4 1,322,915.3 1,781,132.7 948,352.3 1,434,540.5 1,171,625.0
789,562.6 798,072.9 1,026,504.2 1,072,534.7 522,087.8 655,848.2 -
28,300.0 32,575.7 41,934.5 46,195.6 18,465.4 30,036.6 27,708.4
25,064.3 27,220.0 49,360.0 75,494.5 65,854.6 64,478.8 69,152.1
4,880.0 6,583.0 16,157.8 29,474.3 7,987.9 10,268.9 6,834.3
1,194,516.8 1,221,106.1 1,637,609.8 2,105,197.8 1,110,579.6 1,292,355.3 1,429,719.1
38,533.1 79,508.9 93,496.4 139,273.8 85,978.1 91,207.3 84,276.8
114,085.9 114,086.2 163,269.5 143,905.3 49,489.9 61,291.1 60,368.3
98,298.9 161,537.6 162,398.9 286,571.7 118,328.7 233,996.7 307,052.0
442,525.5 549,310.3 711,232.3 828,185.3 482,700.0 799,023.7 925,007.2
9,676.8 7,898.9 15,180.7 28,794.0 11,799.4 12,140.9 9,383.5
2,865,243.2 3,058,182.4 3,794,310.3 3,851,705.9 1,868,153.0 - -
- - - - - 3,453,622.1 3,613,064.0
50,143.6 51,248.4 79,513.6 166,093.6 66,614.7 105,048.2 101,128.5
2,841.9 4,097.5 4,503.5 5,634.5 3,576.3 4,080.3 4,322.8
2,102.9 2,330.0 4,958.5 7,919.1 4,662.0 6,582.0 7,752.8
153,323.2 266,424.7 886,516.9 1,221,530.1 337,088.8 736,306.7 949,148.9
- - - - - - -
- - - - - - -
- - - - - - -
728,769.2 802,561.4 1,122,705.0 1,242,577.9 563,099.6 817,222.8 1,042,153.7
2,441,261.4 2,706,803.5 3,712,680.8 4,222,679.8 2,101,745.9 2,869,393.1 2,930,072.4
141,624.2 190,952.1 279,910.4 353,353.1 145,906.3 227,233.2 295,288.3
306,247.5 646,108.4 326,869.2 518,942.9 246,337.2 318,733.7 353,409.6
826,040.8 935,448.3 1,212,308.4 1,271,047.7 880,334.4 1,064,686.5 1,229,356.5
42,600.4 36,440.2 36,314.6 43,885.0 48,712.7 59,183.5 86,641.5
90,157.9 122,577.9 161,731.7 235,056.4 107,706.4 188,733.9 227,614.0
71,547.2 93,602.2 151,809.0 211,620.2 90,815.5 150,961.5 190,231.7
87,776.3 126,309.3 199,121.0 236,448.4 76,288.7 114,076.1 126,032.0