Comparing World Equity Market Sizes 1899 vs. 2016

The US equity market leads the world in terms of market capitalization. At the end of 2016, listed US firms accounted for more than half of the global stock market value as shown in the graphic below. At the end of 1899 the US accounted for only 15% of global stock market value.

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Source: Credit Suisse Yearbook 2017, Credit Suisse

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