Hong Kong vs Japan: Market capitalization of listed domestic companies

Hong Kong
6.09 trillion current US$
in 2025
Japan
7.61 trillion current US$
in 2025
Hong Kong rank
5th
Japan rank
4th

Market capitalization of listed domestic companies over time

  • Hong Kong
  • Japan
02.0T4.0T6.0T8.0T197520002025

How they compare

Japan currently reports 7.61 trillion current US$ against 6.09 trillion current US$ in Hong Kong, a difference of 1.52 trillion current US$.

That makes Japan's figure about 1.2 times Hong Kong's.

Across all 51 years both countries report, Japan has been ahead every year.

Hong Kong ranks 5th and Japan ranks 4th of 99 countries.

Japan has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Hong Kong Japan Difference Ahead
1970s 13.10 billion current US$ 133.51 billion current US$ 120.41 billion current US$ Japan
1980s 43.73 billion current US$ 1.59 trillion current US$ 1.55 trillion current US$ Japan
1990s 314.98 billion current US$ 3.02 trillion current US$ 2.71 trillion current US$ Japan
2000s 1.22 trillion current US$ 3.39 trillion current US$ 2.17 trillion current US$ Japan
2010s 3.36 trillion current US$ 4.71 trillion current US$ 1.35 trillion current US$ Japan
2020s 5.12 trillion current US$ 6.45 trillion current US$ 1.33 trillion current US$ Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization of listed domestic companies, Hong Kong or Japan?
Japan, at 7.61 trillion current US$ against 6.09 trillion current US$ in Hong Kong as of 2025.
What is the difference in market capitalization of listed domestic companies between Hong Kong and Japan?
1.52 trillion current US$, with Japan ahead.
How many years of comparable data are there for Hong Kong and Japan?
51 years are reported by both, from 1975 to 2025.
How do Hong Kong and Japan rank globally for market capitalization of listed domestic companies?
Hong Kong ranks 5th and Japan ranks 4th of 99 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong vs Japan: Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-current-us/hong-kong-sar-china/japan/

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About this data

Indicator
Market capitalization of listed domestic companies (current US$)
Unit
current US$
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 3,776 data points, 1975–2025
Last refreshed

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.