Stock Exchanges by Country 2026
# Stock Exchanges
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5
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20
25
5 Countries with the Most Stock Exchanges
Country | # Stock Exchanges↓ | Exchange Name | Year Founded | Listings Number | |
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 | United States | 26 |
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 | Japan | 13 |
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 | China | 8 |
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 | Germany | 8 |
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 | India | 6 |
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 | Canada | 6 |
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 | Thailand | 5 |
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 | Spain | 5 |
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 | Iran | 4 |
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 | South Africa | 4 |
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 | Malaysia | 4 |
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 | Australia | 4 |
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 | United Arab Emirates | 4 |
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 | Indonesia | 3 |
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 | Nigeria | 3 |
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 | Russia | 3 |
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 | Philippines | 3 |
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 | Vietnam | 3 |
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 | South Korea | 3 |
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 | Argentina | 3 |
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 | Taiwan | 3 |
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 | Mongolia | 3 |
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 | Brazil | 2 |
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 | Bangladesh | 2 |
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 | Ethiopia | 2 |
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 | Mexico | 2 |
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 | Myanmar | 2 |
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 | Uganda | 2 |
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 | Ukraine | 2 |
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 | Kazakhstan | 2 |
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 | Chile | 2 |
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 | Netherlands | 2 |
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 | Ecuador | 2 |
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 | Zimbabwe | 2 |
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 | Rwanda | 2 |
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 | Dominican Republic | 2 |
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 | Honduras | 2 |
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 | Sweden | 2 |
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 | Switzerland | 2 |
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 | Kyrgyzstan | 2 |
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 | Hong Kong | 2 |
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 | Uruguay | 2 |
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 | Bosnia and Herzegovina | 2 |
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 | Armenia | 2 |
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 | Cyprus | 2 |
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 | Pakistan | 1 |
| 2016 | 540 |
 | Egypt | 1 |
| 1883 | 303 |
 | Turkey | 1 |
| 1866 | |
 | Tanzania | 1 |
| 1998 | 29 |
 | United Kingdom | 1 |
| 1571 | 2800 |
 | Kenya | 1 |
| 1954 | 162 |
 | Colombia | 1 |
| 1928 | |
 | Sudan | 1 |
| 1994 | |
 | Algeria | 1 |
| 1997 | 6 |
 | Iraq | 1 |
| 2004 | |
 | Angola | 1 |
| 2017 | 14 |
 | Morocco | 1 |
| 1929 | 94 |
 | Poland | 1 |
| 1817 | 449 |
 | Uzbekistan | 1 |
| 1994 | 104 |
 | Mozambique | 1 |
| 1999 | 11 |
 | Ghana | 1 |
| 1990 | 49 |
 | Saudi Arabia | 1 |
| 2007 | 202 |
 | Peru | 1 |
| 1860 | |
 | Ivory Coast | 1 |
| 1998 | 45 |
 | Cameroon | 1 |
| 2003 | 7 |
 | Nepal | 1 |
| 1993 | 333 |
 | Venezuela | 1 |
| 1947 | |
 | Syria | 1 |
| 2009 | 24 |
 | Sri Lanka | 1 |
| 1896 | 290 |
 | Malawi | 1 |
| 1995 | 16 |
 | Zambia | 1 |
| 1994 | 22 |
 | Somalia | 1 |
| 2015 | 10 |
 | Guatemala | 1 |
| 1987 | |
 | Romania | 1 |
| 1882 | 83 |
 | Cambodia | 1 |
| 2011 | |
 | Bolivia | 1 |
| 1990 | |
 | Tunisia | 1 |
| 1969 | 74 |
 | Haiti | 1 |
| 2007 | |
 | Jordan | 1 |
| 1999 | |
 | Tajikistan | 1 |
| 2015 | |
 | Papua New Guinea | 1 |
| 1999 | |
 | Azerbaijan | 1 |
| 2000 | |
 | Israel | 1 |
| 1953 | 473 |
 | Hungary | 1 |
| 1864 | 61 |
 | Austria | 1 |
| 1771 | 63 |
 | Belarus | 1 |
| 1998 | |
 | Laos | 1 |
| 2011 | 11 |
 | Turkmenistan | 1 |
| 1994 | |
 | Libya | 1 |
| 2007 | |
 | Nicaragua | 1 |
| 1990 | |
 | Paraguay | 1 |
| 1977 | |
 | Bulgaria | 1 |
| 1914 | |
 | Serbia | 1 |
| 1894 | 66 |
 | El Salvador | 1 |
| 1992 | |
 | Singapore | 1 |
| 1999 | 776 |
 | Lebanon | 1 |
| 1920 | |
 | Palestine | 1 |
| 1995 | |
 | Oman | 1 |
| 1988 | |
 | Slovakia | 1 |
| 1991 | |
 | New Zealand | 1 |
| 2002 | |
 | Costa Rica | 1 |
| 1976 | |
 | Kuwait | 1 |
| 1977 | |
 | Panama | 1 |
| 1989 | |
 | Croatia | 1 |
| 1907 | 45 |
 | Georgia | 1 |
| 1999 | 261 |
 | Qatar | 1 |
| 1997 | |
 | Namibia | 1 |
| 1992 | 53 |
 | Moldova | 1 |
| 1994 | |
 | Jamaica | 1 |
| 1968 | |
 | Albania | 1 |
| 1996 | 4 |
 | Botswana | 1 |
| 1989 | 53 |
 | Lesotho | 1 |
| 2016 | 1 |
 | Slovenia | 1 |
| 1989 | 61 |
 | North Macedonia | 1 |
| 1995 | |
 | Bahrain | 1 |
| 1987 | |
 | Trinidad and Tobago | 1 |
| 1981 | |
 | Eswatini | 1 |
| 1990 | 10 |
 | Mauritius | 1 |
| 1988 | 185 |
 | Fiji | 1 |
| 1971 | |
 | Guyana | 1 |
| 2003 | |
 | Bhutan | 1 |
| 1993 | 20 |
 | Macau | 1 |
| 2018 | |
 | Luxembourg | 1 |
| 1927 | |
 | Suriname | 1 |
| 1994 | |
 | Montenegro | 1 |
| 1993 | |
 | Malta | 1 |
| 1992 | |
 | Maldives | 1 |
| 2002 | 10 |
 | Cape Verde | 1 |
| 1998 | 4 |
 | Bahamas | 1 |
| 1999 | |
 | Barbados | 1 |
| 1987 | |
 | Curacao | 1 |
| 2010 | |
 | Saint Lucia | 1 |
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 | Seychelles | 1 |
| 2012 | 48 |
 | Grenada | 1 |
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 | Saint Vincent and the Grenadines | 1 |
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 | Antigua and Barbuda | 1 |
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 | Cayman Islands | 1 |
| 1997 | |
 | Dominica | 1 |
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 | Guernsey | 1 |
| 2013 | 4000 |
 | Bermuda | 1 |
| 1971 | |
 | Faroe Islands | 1 |
| 2004 | |
 | Saint Kitts and Nevis | 1 |
| 2001 | |
 | Gibraltar | 1 |
| 2014 | |
 | Anguilla | 1 |
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 | Montserrat | 1 |
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| Total | 270 |
- The precise number of listings was unavailable for some exchanges.
- Eastern Caribbean Securities Exchange (The Eastern Caribbean Securities Exchange (ECSE) serves the member territories Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.
- ASEAN (Association of Southeast Asian Nations) serves the countries Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
- Additional information available at Stock Market Capitalization by Country
Snapshot
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The United States has the most stock exchanges in the world at 26, reflecting a highly competitive and decentralized capital market.
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Most countries operate a single stock exchange, while Japan (13), China (8), Germany (8), India (6), Iran (4), and South Africa (4), among others, maintain multiple markets for different asset classes.
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In countries with multiple exchanges, older legacy markets typically anchor equities, while newer exchanges focus on derivatives, commodities, or alternative trading venues.
Stock Exchange An organized marketplace where securities such as stocks, bonds, or derivatives are listed and traded. Some countries operate multiple exchanges serving different asset types or regions.
Listings The number of listed securities or companies an exchange hosts, depending on how the source reports listings. A higher listing count does not necessarily mean a larger market by value.
Year Founded The year an exchange was formally established as a legal entity. In some cases, trading activity or informal market arrangements existed earlier than the official founding date.
The United States boasts the highest number of stock exchanges at 26, with total market capitalization exceeding $60 trillion across U.S. exchanges. The New York Stock Exchange (NYSE), established in 1792, was the first stock exchange in the United States and remains the largest in the world by market capitalization.
Japan has 13 stock exchanges, led by the Tokyo Stock Exchange (TSE), one of the largest stock exchanges in the world by market capitalization. China’s eight stock exchanges are led by the Shanghai Stock Exchange (SSE), which—along with the country’s other securities markets—is overseen by the China Securities Regulatory Commission.
Similarly, Germany has eight stock exchanges, with the Frankfurt Stock Exchange (FRA) being the largest and one of Europe’s most important trading venues by market capitalization. India features six stock exchanges, with the majority of trading conducted on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Canada’s six stock exchanges are dominated by the Toronto Stock Exchange (TSX), founded in 1861 and widely regarded as one of the largest stock exchanges in North America by market capitalization.
Thailand’s premier stock exchange is the Stock Exchange of Thailand (SET), one of five in the country. Valued at roughly $500 billion in market capitalization, it consistently ranks among the world’s larger stock exchanges.
Spain has five stock exchanges, led by the Madrid Stock Exchange as the country’s largest. Other exchanges include the Barcelona Stock Exchange, Bilbao Stock Exchange, and Valencia Stock Exchange.
Iran has four stock exchanges, led by the Tehran Stock Exchange, founded in 1967 and serving as the country’s primary equity market. Iran’s exchange ecosystem also includes the Iran Fara Bourse (est. 2008), which supports smaller firms and over-the-counter trading, alongside the Iranian Energy Exchange (2008) and the Iran Mercantile Exchange (2006), both of which specialize in commodities and energy-related instruments.
South Africa operates four stock exchanges, anchored by the Johannesburg Stock Exchange (JSE), founded in 1887 and one of the oldest and most established exchanges in the world. In recent years, the country has expanded its market structure with newer platforms, including A2X Markets, the Cape Town Stock Exchange, and The Integrated Exchange, all launched in 2017, reflecting a push toward increased competition and diversification in South Africa’s capital markets.
