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Top 10 countries with the most billion-dollar companies in 2025: India makes the list – rank revealed
Top 10 countries with the most billion dollar companies in 2025 list: Trailing behind only the United States and Japan in terms of the total number of billion-dollar companies, India ranks third globally in 2025.
Top countries billion dollar companies 2025: Check the full list below. (Source: Adobe Stock)Countries with the most billion-dollar companies in 2025: The global financial markets are increasingly dominated by a select few countries that host a larger number of billion-dollar companies—publicly listed firms with a market capitalisation of at least $1 billion.
The United States is home to some of the largest organisations in terms of both revenue and market capitalisation, with it alone having 1,873 billion-dollar firms worth $1 billion, and a combined market cap of $57.115 trillion, according to Best Brokers’ recent research. It is greater than the expected size of the United States’ economy in 2025, which is the world’s largest, with a nominal GDP of $30.3 trillion.
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The remaining 1,400 billion-dollar companies, out of 5,522 public companies in total, are concentrated within Japan, India, and China, reflecting the growing share of Asian economies, as they witness strong economic growth, rising incomes, and greater investment.
Meanwhile, the Middle East accounts for 5.6% of the world’s large firms, with Saudi Arabia having the most billion-dollar firms in the region, with 98, followed by Israel and the UAE, which have 70 and 62, respectively.
On a side note, countries like Monaco, Singapore, Bahrain, Luxembourg, and more, despite being relatively smaller in size, have a high concentration of large-cap companies, which makes them attractive investment hubs with competitive economies.
Top 10 countries with the highest number of billion-dollar companies in 2025
| Rank | Country | No. of billion-dollar companies | Combined market cap |
| 1 | United States | 1,873 | $57.115 trillion |
| 2 | Japan | 404 | $5.115 trillion |
| 3 | India | 348 | $3.750 trillion |
| 4 | Canada | 228 | $2.841 trillion |
| 5 | United Kingdom | 218 | $3.645 trillion |
| 6 | China | 216 | $7.796 trillion |
| 7 | Germany | 143 | $2.677 trillion |
| 8 | Australia | 143 | $1.488 trillion |
| 9 | France | 131 | $3.057 trillion |
| 10 | Switzerland | 122 | $2.472 trillion |
Source: BestBrokers and CompaniesMarketCap
Where does India rank?
Trailing behind only the United States and Japan in terms of the total number of billion-dollar companies, India ranks third globally in 2025, with 348 companies crossing the billion-dollar valuation market, collectively holding a market capitalisation of $3.75 trillion.
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India’s stock market has risen to prominence within the global financial landscape, with the National Stock Exchange (NSE), ranking as the fifth-largest exchange worldwide by market cap.
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Meanwhile, the Bombay Stock Exchange (BSE), one of the oldest stock exchanges in Asia, achieved a significant milestone by reaching a market capitalisation of $5 trillion for all its listed companies last year.
Map: Countries with the most billion-dollar companies in 2025 (Source: BestBrokers)
Methodology:
To determine which countries have the most billion-dollar companies per capita, the report first examined publicly traded companies on the company and stock tracking website CompaniesMarketCap. It further chose those with a market value, often known as market capitalisation (or market cap), of at least one billion US dollars, yielding a total of 5,522 companies from 74 nations and territories.
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