World stock market capitalization closes year at $54.6 trillion--

World stock market capitalization closes year at $54.6 trillion--

The Paris-based World Federation of Exchanges, an association of 52 regulated stock marketexchanges around the world, recently released data on the world stock market capitalization for December 2012. As of December, the total value of world equities was $54.57 trillion, which was the highest monthly value since July 2011. Some of the countries with the greatest increase in stock market capitalization last year include Turkey (60%), Thailand (45%), Philipines (39%), Colombia (30%),  and Mexico (28.5%).

The chart above shows the total world stock market capitalization at the end of each year going back to 1980. The nearly $55 trillion in world equity value in December was an increase of 15.1%, and almost $2 trillion, above the $47.4 trillion in market capitalization at end of 2011, and just slightly below the $54.88 trillion figure at the end of 2010. Of the $28 trillion in world stock market that was lost in 2008, about $22 trillion has since been regained as of last month, leaving stock global equity values a little more than $6 trillion short of the $60.8 trillion peak in 2007. But the general upward trend over the last four years in world stock market values, and the year-end value of almost $55 trillion in December would suggest that the global economy and global stock markets have largely recovered from the devastating effects of the 2008 financial crisis, and the subsequent 47% drop in world stock market value.

Largest stock exchanges by trade value and market capitalization

Rank	Stock Exchange	Location	Trade value (US$b)	Market cap  (US$b)
1	NYSE Euronext (US & Europe)	New York	20,161	14,242
2	NYSE Euronext  (US)	New York	18,027	11,796
3	NASDAQ OMX (US & North Europe)	New York	13,552	4,687
4	NASDAQ OMX  (US)	New York	12,724	3,845
5	Tokyo Stock Exchange	Tokyo	3,972	3,325
6	Shanghai Stock Exchange	Shanghai	3,658	2,357
7	Shenzhen Stock Exchange	Shenzen	2,838	1,055
8	London Stock Exchange	London	2,837	3,266
9	NYSE Euronext (Europe)	New York	2,134	2,447
10	Korea Exchange	Seoul	2,029	996
11	Deutsche Borse	Frankfurt	1,758	1,185
12	Toronto Stock Exchange	Toronto	1,542	1,912
13	Hong Kong Stock Exchange	Hong Kong	1,447	2,258
14	BME Spanish Exchanges	Madrid	1,226	1,031
15	Australian Securities Exchange	Sydney	1,197	1,198
16	BM&FBOVESPA	Sao Paulo	931	1,229
17	SIX Swiss Exchange	Zurich	887	1,090
18	NASDAQ OMX (North Europe)	New York	828	842
19	National Stock Exchange of India	Mumbai	589	985
20	MICEX	Moscow	514	771
21	JSE Limited	Johannesburg	372	789
22	Bombay Stock Exchange	Mumbai	148	1,007

 10 largest stock exchanges by total value of bonds traded in USD terms

Rank	Stock Exchange	2011 (US$bn)	2010 (US$bn)
1	BME Spanish Exchanges	17,412	11,041
2	London Stock Exchange Group	5,394	4,029
3	Johannesburg Stock Exchange	2,898	2,321
4	NASDAQ OMX Nordic Exchange	2,674	2,626
5	Colombia Stock Exchange	915	1,138
6	Korea Exchange	747	506
7	Oslo Bors	590	554
8	Istanbul Stock Exchange	518	446
9	MICEX	301	233
10	Tel Aviv Stock Exchange	246	203

  Top 5 stock exchanges by value of ETFs traded in USD terms

Rank	Stock Exchange	2011 (US$bn)	2010 (US$bn)
1	NYSE Euronext US	4,496	4,164
2	NASDAQ OMX US	4,309	4,246
3	London Stock Exchange Group	314	243
4	Deutsche Börse	307	225
5	NYSE Euronext (Europe)	198	155

Source-World Exchange