China vs Japan: Market capitalization of listed domestic companies
Market capitalization of listed domestic companies over time
- China
- Japan
How they compare
China currently reports 15.51 trillion current US$ against 7.61 trillion current US$ in Japan, a difference of 7.90 trillion current US$.
That makes China's figure about 2.0 times Japan's.
The two have swapped places 5 times across 23 shared years of data; in 2003 it was Japan ahead.
China ranks 2nd and Japan ranks 4th of 99 countries.
Across the 3 decades both report, China averaged higher in 2 and Japan in 1.
Head to head by decade
| Decade | China | Japan | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.76 trillion current US$ | 3.78 trillion current US$ | 2.02 trillion current US$ | Japan |
| 2010s | 6.02 trillion current US$ | 4.71 trillion current US$ | 1.31 trillion current US$ | China |
| 2020s | 12.73 trillion current US$ | 6.45 trillion current US$ | 6.28 trillion current US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher market capitalization of listed domestic companies, China or Japan?
- China, at 15.51 trillion current US$ against 7.61 trillion current US$ in Japan as of 2025.
- What is the difference in market capitalization of listed domestic companies between China and Japan?
- 7.90 trillion current US$, with China ahead.
- How many years of comparable data are there for China and Japan?
- 23 years are reported by both, from 2003 to 2025.
- How do China and Japan rank globally for market capitalization of listed domestic companies?
- China ranks 2nd and Japan ranks 4th of 99 countries.
- Where does this data come from?
- World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.