US Equities Now Represent 45% of World Market Value

The United States now accounts for 45% of global stock market value, the largest share among major countries and regions. That is nearly triple the combined proportion of China and Hong Kong at 16%.

Europe and the rest of Asia-Pacific follow at 13% and 11%, respectively. Japan, the world's third-largest stock market, represents just 6%, while the Middle East and Africa account for 5%. Canada and Latin America make up 3% and 1%.

The data underscores how dominant the US equity market has become relative to the rest of the world.