Billion Dollar Companies by Country in 2025 💰

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%.