Carpe Diem

World stock market capitalization closes year at $54.6 trillion

The Paris-based World Federation of Exchanges, an association of 52 regulated stock market exchanges 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.

 

4 thoughts on “World stock market capitalization closes year at $54.6 trillion

  1. One of the strongest indexes of 2012 was the TSE. Amazingly foreigners own only 4% of the listed shares.

    The exchange listed shares have surged in value due to sharp currency devaluation and lack of alternatives for investors due to economic sanctions.

    The TSE is the Tehran Stock Exchange.

  2. $55 Trillion — as valued by stocks. If those stocks represent what we produce, then fine. If it is just asset inflation — not going to do us much good. And if it is what we produce, I wonder how those benefits get distributed?

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