Just came across this data which shows the market cap of individual countries as a % of the world stock market cap. The insights here are just fascinating.
India is 2.72% of the world stock market cap vs 1.81% ten years ago.
Surprisingly, Hong Kong is 6.75%.
China’s growth is also impressive. The fall from the Nov 16, 2016 peak is due to the sharp correction the Chinese stock markets are going through.