Source: SIFMA
USA is a giant
- The U.S. equity markets are the largest in the world and continue to be among the deepest, most liquid and most efficient, representing 46.2% of the $111 trillion global equity market cap, or $51 trillion. This is 4.3x the next largest market, China. U.S. market share has averaged 37.4% over the last 10 years, troughing at 32.9% in 2012 and peaking at 46.2% as of 3Q22.
China is a clear second
- Just like how dominant the U.S is when it comes to the first position, China’s position,despite performing extremely poorly in the last few decades is clearly secured at 2nd place with 10.6%. If we add hong kong to it, it goes to nearly 15%
India’s growth trajectory in the last 12 months
- with a serious draw-down in global equities last year combined with a relative out-performance by our markets, Our % in the Global market cap has inched up the average level of 2.5% to peak of 3.4%.
What % of global equity market cap will India have in the coming years according to you?