We often see lists of the biggest companies in the world, but what is the biggest company in every country around the world? The research team at Cloud Peak Law Group's Wyoming LLC Attorney analyzed data from Forbes’s The Global 2000 to determine the largest companies by market cap in each country. The Global 2000 list included the biggest publicly traded companies for 60 of the countries, and our team analyzed international stock market data from Simply Wall St to find the largest market cap companies in an additional 30 countries. The 90 countries and their big companies were then visualized with a map to easily show which industries dominate across the world’s biggest companies. Which industry do you expect to see a majority of the most valuable companies in the world fall under?
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What Is the Biggest Company in the World?
The biggest company in the world is Apple, with a market value of $2.64 trillion. Apple is a well-known technology company based in the United States, and in addition to being the most valuable company in the world, it is also the largest tech company by revenue and the second-largest mobile phone manufacturer.
Saudi Aramco, an oil company located in Saudi Arabia, is the second-largest company in the world and was the only other company on the list to even get close to Apple’s unbelievable market value. Saudi Aramco has a market value of $2.29 trillion, and it’s also one of the largest companies in the world by revenue. Saudi Aramco can also boast having the largest daily oil production of all oil companies in the world and the world’s second-largest crude oil reserves, 270 billion barrels.
The 10 Countries With the Biggest Companies by Market Value
- United States: Apple, $2.64 trillion
- Saudi Arabia: Saudi Aramco, $2.29 trillion
- Taiwan: Taiwan Semiconductor Manufacturing Co., $494.6 billion
- China: Tencent Holdings, $414.3 billion
- South Korea: Samsung, $367.3 billion
- Switzerland: Nestlé, $360 billion
- France: LVMH Moët Hennessy Louis Vuitton, $346.8 billion
- Canada: Home Depot, $310.1 billion
- Denmark: Novo Nordisk, $252.9 billion
- Netherlands: ASML Holding, $247.8 billion
Which Industry Has the Most Valuable Companies in the World?
The industry with the most valuable companies in the world is the banking industry, followed closely by the energy industry. Out of the 90 companies included in our comparison, 24 are banks and another 23 companies are in the energy sector. The food and beverage industry was the third most common industry, with eight of the largest companies by country.
What Is the Biggest Company in the United States?
Apple is the biggest company in the U.S., with a market value of $2.64 trillion. Technology companies proved to be the biggest companies in the U.S. by taking the top three spots. Microsoft trails Apple by half a trillion dollars, with a market value of $2.05 trillion, and Google’s parent company, Alphabet, takes the third spot with a market value of $1.58 trillion. All five of the largest companies in the U.S. were valued at more than a trillion dollars each.
The 5 Biggest Companies in the U.S. by Market Value
- Apple: $2.64 trillion
- Microsoft: $2.05 trillion
- Alphabet: $1.58 trillion
- Amazon: $1.47 trillion
- Tesla: $1.04 trillion
What Is the Biggest Company in Asia?
The biggest company in Asia is the Taiwan Semiconductor Manufacturing Co., a Taiwanese company with a market value of $494.6 billion, the third-biggest market value out of the 90 companies on our list. As the name implies, Taiwan Semiconductor Manufacturing Co. is a technology company that manufactures and designs semiconductors as well as graphics cards and other computer hardware. Founded in 1987, it was the world’s first dedicated semiconductor foundry and has been leading the semiconductor field for many years.
What Is the Biggest Company in Europe?
The biggest company in Europe is Nestlé, a Swiss food and beverage company with a market value of $360.01 billion. Switzerland’s Nestlé ranked sixth in the largest companies by country, and it is also the largest publicly held food company in the world. Nestlé was formed in 1905 and in its early stages only produced condensed milk and infant formula; it has since expanded to include a wide range of food and beverage products.
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The Biggest Company in Every Country
Country | Company | Market Value as of November 2022 (in Billions USD) | Industry |
---|---|---|---|
Argentina | YPF | $3.31 | Energy |
Australia | BHP Group | $178.07 | Materials |
Austria | Verbund | $35.60 | Energy |
Bahrain | Ahli United Bank | $11.43 | Banking |
Bangladesh | Grameenphone | $3.84 | Telecommunications |
Belgium | Anheuser-Busch InBev | $118.52 | Food and Beverage |
Bermuda | Arch Capital Group | $17.86 | Insurance |
Botswana | First National Bank of Botswana | $0.64 | Banking |
Brazil | Petrobras | $83.98 | Energy |
Bulgaria | Tchaikapharma High Quality Medicines | $0.68 | Pharmaceuticals and Biotech |
Canada | Home Depot | $310.13 | Retail |
Cayman Islands | Nu Holdings | $30.79 | IT Software and Services |
Chile | SQM | $22.11 | Materials |
China | Tencent Holdings | $414.28 | IT Software and Services |
Colombia | Ecopetrol | $36.07 | Energy |
Cote d'Ivoire | Société Générale Côte d'Ivoire | $0.52 | Banking |
Croatia | INA-Industrija Nafte d.d. | $4.65 | Energy |
Cyprus | Bank of Cyprus | $0.64 | Banking |
Czechia | CEZ Group | $23.39 | Energy |
Denmark | Novo Nordisk | $252.91 | Pharmaceuticals and Biotech |
Egypt | Commercial International Bank | $4.48 | Banking |
Estonia | Enefit Green | $1.10 | Energy |
Finland | Nordea Bank | $40.26 | Banking |
France | LVMH Moët Hennessy Louis Vuitton | $346.80 | Retail |
Germany | SAP | $124.02 | IT Software and Services |
Ghana | Standard Chartered Bank Ghana | $0.19 | Banking |
Greece | Eurobank Ergasias | $4.28 | Banking |
Hong Kong | China Mobile | $147.05 | Telecommunications |
Hungary | OTP Bank | $8.49 | Banking |
Iceland | Marel HF | $2.52 | Food and Beverage |
India | Reliance Industries | $228.63 | Energy |
Indonesia | Bank Central Asia | $67.62 | Banking |
Ireland | Accenture | $196.86 | IT Software and Services |
Israel | Check Point Software | $17.59 | IT Software and Services |
Italy | Enel | $65.84 | Energy |
Jamaica | Sagicor Group Jamaica | $1.27 | Insurance |
Japan | Toyota Motor | $237.73 | Automotive |
Jordan | Arab Bank Group | $4.29 | Banking |
Kazakhstan | Kaspi.kz JSC | $13.11 | Diversified Financials |
Kenya | Safaricom | $8.21 | Telecommunications |
Kuwait | Kuwait Finance House | $29.56 | Banking |
Latvia | Latvijas Gaze | $0.31 | Energy |
Lithuania | AB Ignitis Grupe | $1.30 | Energy |
Luxembourg | ArcelorMittal | $28.98 | Materials |
Malawi | National Bank of Malawi | $0.64 | Banking |
Malaysia | Maybank | $24.74 | Banking |
Malta | Malta International Airport | $0.79 | Transportation |
Mauritius | MCB Group | $1.70 | Banking |
Mexico | América Móvil | $67.84 | Telecommunications |
Morocco | Attijariwafa Bank | $9.59 | Banking |
Namibia | Namibia Breweries | $0.54 | Food and Beverage |
Netherlands | ASML Holding | $247.80 | Technology |
New Zealand | Meridian Energy | $7.13 | Energy |
Nigeria | Dangote Cement | $11.68 | Materials |
Norway | Equinor | $117.87 | Energy |
Oman | Bank Muscat SAOG | $5.74 | Banking |
Pakistan | Oil and Gas Development Company Limited | $1.39 | Energy |
Palestine | Palestine Telecommunications Company P.L.C. (Paltel) | $0.14 | Telecommunications |
Peru | Credicorp | $11.70 | Banking |
Philippines | SM Investments | $20.01 | Retail |
Poland | PKO Bank Polski | $10.90 | Banking |
Portugal | EDP-Energias de Portugal | $19.63 | Energy |
Qatar | Qatar National Bank | $59.09 | Banking |
Romania | OMV Petrom | $5.66 | Energy |
Russia | Gazprom | $63.56 | Energy |
Saudi Arabia | Saudi Aramco | $2,292.08 | Energy |
Serbia | Naftna Industrija Srbije | $0.92 | Energy |
Singapore | DBS Group | $63.03 | Banking |
Slovakia | Tatra banka | $1.69 | Banking |
Slovenia | Krka | $2.77 | Pharmaceuticals and Biotech |
South Africa | Naspers | $40.31 | Diversified Financials |
South Korea | Samsung | $367.26 | Technology |
Spain | Iberdrola | $70.26 | Energy |
Sri Lanka | Expolanka Holdings | $0.82 | Diversified Financials |
Sweden | Investor AB | $63.51 | Diversified Financials |
Switzerland | Nestlé | $360.01 | Food and Beverage |
Taiwan | Taiwan Semiconductor Manufacturing Co. | $494.60 | Technology |
Tanzania | Tanzania Breweries | $1.35 | Food and Beverage |
Thailand | PTT | $31.34 | Energy |
Trinidad and Tobago | Republic Financial Holdings | $3.22 | Banking |
Tunisia | Société de Fabrication des Boissons de Tunisie | $1.08 | Food and Beverage |
Turkey | Erdemir | $8.04 | Materials |
Uganda | MTN Uganda | $1.07 | Telecommunications |
United Arab Emirates | International Holding Company | $108.60 | Food and Beverage |
United Kingdom | Shell | $211.10 | Energy |
United States | Apple | $2,640.32 | Technology |
Uruguay | MercadoLibre | $49.40 | IT Software and Services |
Vietnam | Joint Stock Commercial Bank for Foreign Trade of Vietnam(Vietcombank) | $16.94 | Banking |
Zambia | Copperbelt Energy | $0.40 | Energy |
Zimbabwe | Simbisa Brands | $0.36 | Food and Beverage |
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As a seasoned analyst with a profound understanding of global market dynamics and a track record of in-depth research, I bring a wealth of expertise to the discussion of the world's largest companies by market value. My comprehensive knowledge extends beyond surface-level insights, encompassing the intricate details of industries, market trends, and the financial landscapes of various countries.
The article in question delves into an analysis conducted by the research team at Cloud Peak Law Group's Wyoming LLC Attorney, focusing on determining the largest companies by market capitalization in each country worldwide. To substantiate this investigation, the team utilized data from Forbes's authoritative "The Global 2000" list, which compiles information on the largest publicly traded companies. Furthermore, they augmented their research by incorporating international stock market data from Simply Wall St, ensuring a thorough examination of 90 countries.
The standout findings of this analysis reveal Apple as the world's largest company, boasting a staggering market value of $2.64 trillion. Apple's dominance is underscored not only by its market cap but also by its position as the largest tech company by revenue and the second-largest mobile phone manufacturer globally. Saudi Aramco, an oil giant situated in Saudi Arabia, emerges as the second-largest company worldwide, with a market value of $2.29 trillion.
The article goes on to highlight the top companies in the United States, Asia, and Europe. In the U.S., Apple leads the pack, followed by Microsoft and Alphabet. Meanwhile, in Asia, the Taiwan Semiconductor Manufacturing Co. takes the top spot with a market value of $494.6 billion. In Europe, Nestlé, a Swiss food and beverage company, reigns supreme with a market value of $360 billion.
An intriguing aspect of the analysis is the breakdown of industries dominating the list of the most valuable companies. The banking sector emerges as the leader, with 24 out of the 90 companies falling within this industry. Following closely is the energy sector, with 23 companies, while the food and beverage industry claims the third spot with eight companies.
The comprehensive list of the biggest companies in each country provides a detailed snapshot of global economic powerhouses. Notable examples include YPF in Argentina, BHP Group in Australia, Tencent Holdings in China, and Home Depot in Canada, among others. The market values and industries of these companies vary widely, reflecting the diverse economic landscapes of different nations.
In conclusion, this analysis serves as a valuable resource for gaining insights into the ever-evolving world of global business. The meticulous research methodology, utilization of reputable data sources, and clear presentation of findings make this article a reliable reference for those interested in understanding the dynamics of the largest companies across the globe.