Sep 29, 2025
G7 vs BRICS: How listed companies stack up across the world’s two major economic blocs

This treemap compares the market capitalization of listed companies across the world’s major blocs. The United States dominates with $69.9T, followed by China at $19.8T. Japan ($7.2T), the UK ($4.2T), France ($3.2T), Canada ($3.8T), and Germany ($2.9T) round out the G7, while India ($5.1T),Saudi Arabia ($2.5T), and others highlight BRICS’ growing presence. The “Rest of the World” collectively accounts for $24.7T.
Takeaway: Despite the rise of BRICS, the G7 — and especially the U.S. — still commands the lion’s share of global equity markets.
Analysis:
- U.S. dominance: At nearly $70T, the U.S. alone outweighs the combined market cap of all BRICS nations.
- China’s scale: With $19.8T, China is the only real challenger, though still less than one‑third of U.S. markets.
- India’s rise: Crossing $5T, India is emerging as a key BRICS growth engine.
- Diversification: The “Rest of the World” at $24.7T shows that while power is concentrated, smaller markets collectively matter.
- Bloc balance: G7 markets remain structurally deeper and more liquid, while BRICS reflects growth potential but also volatility.