Mapped: Billion Dollar Companies by Country in 2025

The New Diplomat
Writer

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Key Takeaways
  • The U.S. is home to 1,873 billion dollar firms by market cap, more than a third of the global total.
  • Japan ranks in second worldwide, at 404 billion dollar publicly listed firms.
  • Since 2000, the number of companies in India valued at $1 billion or more has jumped from 20 to 348.
Where Are the World’s Largest Firms Located?

With a $60.1 trillion market cap, the U.S. stock market commands 49% of the global share and the highest concentration of billion dollar firms.

China ranks sixth, with 216 companies with a market cap of at least $1 billion, falling behind India, Japan, and Canada.

Overall, the Asia-Pacific region has the second-highest share of billion dollar firms, at more than a quarter of the global total.

Meanwhile, Latin America has the lowest share, at 2.5%.

Dataset
Country Numer of Billion Dollar Companies by Market Cap
U.S. 1873
Japan 404
India 348
Canada 228
UK 218
China 216
Australia 143
Germany 143
France 131
Switzerland 122
Sweden 111
Saudi Arabia 98
Italy 79
South Korea 78
Taiwan 77
Israel 70
UAE 62
Spain 59
Brazil 58
Thailand 52
Singapore 51
Netherlands 44
South Africa 43
Norway 42
Denmark 40
Belgium 37
Malaysia 37
Indonesia 36
Türkiye 35
Vietnam 34
Ireland 32
Finland 32
Poland 31
Austria 29
Mexico 28
Qatar 25
Kuwait 25
New Zealand 23
Luxembourg 21
Greece 21
Chile 19
Argentina 18
Russia 15
Portugal 14
Philippines 14
Pakistan 12
Bahrain 9
Iceland 7
Oman 7
Czechia 4
Kazakhstan 4
Colombia 4
Monaco 3
Hungary 3
Uruguay 2
Panama 2
Cambodia 2
Romania 2
Peru 2
Malta 1
Cyprus 1
Lithuania 1
Costa Rica 1
Jordan 1
Egypt 1
Nigeria 1
Data sources

Credit: Visual Capitalist

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