The Global Stock Market by Region in 2025 🌍

What We're Showing

This graphic shows the global stock market by region broken down by each sector's share of the total market cap in 2025. Figures are from Aswath Damodaran, Professor of Finance at the Stern School of Business at NYU.

Key Takeaways

• At the start of 2025, tech firms make up nearly 30% of the market capitalization of U.S. stocks, the largest share across global regions.
• In contrast, financials stand as the largest sector by market cap in developed Europe, emerging markets, and Canada, Australia and New Zealand.
• Japan's stock market is dominated by industrial firms including Toyota, Mitsubishi, and Hitachi. In the U.S. alone, Toyota commands the second-largest market share by new car sales.