Country rankings

Stock Exchanges by Country

United States has the highest # Stock Exchanges (26), followed by Japan (13) and China (8). Montserrat has the lowest (1).

Economics145 countries · 4 metricsUpdated Dec 28, 2025Original page
6 sources
# Stock ExchangesBetter directionWhether a higher or a lower value is better. A green arrow means higher is better, a red arrow means lower is better, and no arrow means neither.More in the glossary →
145 of 235 countries
Compare this metricAdd to combined rankingOpen full map

# Stock Exchanges

Darker means higher. Click a place to highlight it.

Loading map…

Ranking

Highest first: the first 15 and last 5 of 145 countries.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
1
Middle half 1 – 2
Average
1.86
145 countries
Highest
26
United States
Lowest
1
Montserrat

Data

Click a column to sort, a row to highlight that place on the charts.

145 countries · # = rank by # Stock Exchanges
#
1United States26Nasdaq GEMX, Nasdaq ISE+132000, 2000+24—
2Japan13Tokyo Pro Market, JASDAQ NEO (merged into JASDAQ in Oct. 2010)+102009, 2007+1156, 14+4
3China8Beijing Stock Exchange, China Financial Futures Exchange+62021, 2006+688, 2607+1
3Germany8Tradegate Exchange, Xetra+62009, 1997+69100, 3580+2
5India6India International Exchange, Indian Commodity Exchange+42017, 2017+4|, |, 2100, 5300
5Canada6Cboe Canada, Canadian Securities Exchange+42015, 2004+4—
7Thailand5Thailand Futures Exchange, AFET+32005, 2004+3|, | 205, 614
7Spain5Mercado Oficial Español de Futuros y Opciones, Bolsa de Valencia+31989, 1981+3—
9Iran4Iran Fara Bourse, Iranian Energy Exchange+22008, 2008+2547, |, 666
9South Africa4A2X Markets, Cape Town Stock Exchange+22017, 2017+2176, 12+2
9Malaysia4FUSANG Exchange, MESDAQ+22015, 1997+2|, | 801
9Australia4Cboe Australia, Sydney Stock Exchange+22008, 1997+2—
9United Arab Emirates4Dubai Gold & Commodities Exchange, NASDAQ Dubai+22005, 2005+2|, 73, 178
14Indonesia3Indonesia Commodity and Derivatives Exchange, Jakarta Futures Exchange+12009, 1999+1|, 833
14Nigeria3NASD OTC Securities Exchange, Nigeria Commodity Exchange+11998, 1998+126|, 328
14Russia3Moscow Exchange, Saint Petersburg Stock Exchange2011, 1997219
14Philippines3Manila Commodity Exchange, Philippine Dealing Exchange+12011, 2005+1|, 329
14Vietnam3Vietnam Stock Exchange, Hanoi Stock Exchange+12021, 2005+1|, 396
14South Korea3Korea Exchange, KOSDAQ+12005, 1996+12354, 1411
14Argentina3Mercado Abierto Electrónico, Rosario Stock Exchange+11988, 1884+1—
14Taiwan3Taiwan Futures Exchange, Taipei Exchange+11998, 1994+1|, 898
14Mongolia3Ulaanbaatar Securities Exchange, Mongolian Commodity Exchange+12016, 2013+1—
23Brazil2Bolsa de Cereais e Mercadorias de Maringá, B3 — Brasil, Bolsa, Balcão1982, 1890—
23Bangladesh2Chittagong Stock Exchange, Dhaka Stock Exchange1995, 1954293, 750
23Ethiopia2Ethiopian Securities Exchange, Ethiopia Commodity Exchange2025, 20081
23Mexico2BIVA - Bolsa Institucional de Valores, Bolsa Mexicana de Valores2017, 1886—
23Myanmar2Yangon Stock Exchange, Myanmar Securities Exchange Centre2015, 1996—
23Uganda2ALTX East Africa Exchange, Uganda Securities Exchange2013, 19973, 20
23Ukraine2Ukrainian Exchange, PFTS Ukraine Stock Exchange2008, 200288,
23Kazakhstan2Astana International Exchange, Kazakhstan Stock Exchange2018, 199325, 127
23Chile2Bolsa Electronica de Chile, Santiago Stock Exchange1989, 1893—
23Netherlands2Nxchange, NPEX2015, 20098
23Ecuador2Bolsa de Valores de Guayaquil, Bolsa de Valores de Quito1969, 1969—
23Zimbabwe2Victoria Falls Stock Exchange, Zimbabwe Stock Exchange2020, 194845, 15
23Rwanda2East Africa Exchange, Rwanda Stock Exchange2014, 2011| 10
23Dominican Republic2Latin American International Financial Exchange, Bolsa de Valores de la República Dominicana| 1991—
23Honduras2Bolsa Centroamericana de Valores, Bolsa Hondureña de Valores2005, 1993—
23Sweden2Nordic Growth Market, Spotlight Stock Market2003, 19976, 138
23Switzerland2BX Swiss, SIX Swiss Exchange1888, 185018, 266
23Kyrgyzstan2Stock Exchange of Kyrgyzstan, Kyrgyz Stock Exchange1999, 1994—
23Hong Kong2Hong Kong Exchanges and Clearing (aka Hang Seng), Hong Kong Stock Exchange2000, 1891| 2538
23Uruguay2Bolsa Electronica de Valores de Uruguay, Bolsa de Valores de Montevideo1993, 1867—
23Bosnia and Herzegovina2Banja Luka Stock Exchange, Sarajevo Stock Exchange2001, 2001—
23Armenia2Armenia Stock Exchange, Armenian Stock Exchange2001, 2001—
23Cyprus2Cyprus Stock Exchange, Cyprus Stock Exchange1996, 1996—
46Pakistan1Pakistan Stock Exchange2016540
46Egypt1Egyptian Exchange1883303
46Turkey1Borsa Istanbul1866—
46Tanzania1Dar es Salaam Stock Exchange199829
46United Kingdom1London Stock Exchange15712800
46Kenya1Nairobi Securities Exchange1954162
46Colombia1Colombia Stock Exchange1928—
46Sudan1Khartoum Stock Exchange1994—
46Algeria1Algiers Stock Exchange19976
46Iraq1Iraq Stock Exchange2004—
46Angola1Angola Debt and Stock Exchange201714
46Morocco1Casablanca Stock Exchange192994
46Poland1Warsaw Stock Exchange1817449
46Uzbekistan1Tashkent Stock Exchange1994104
46Mozambique1Bolsa de Valores de Moçambique199911
46Ghana1Ghana Stock Exchange199049
46Saudi Arabia1Tadawul2007202
46Peru1Lima Stock Exchange1860—
46Ivory Coast1Bourse Régionale des Valeurs Mobilières199845
46Cameroon1Bourse des Valeurs Mobilières de l'Afrique Centrale20037
46Nepal1Nepal Stock Exchange1993333
46Venezuela1Bolsa de Valores de Caracas1947—
46Syria1Damascus Securities Exchange200924
46Sri Lanka1Colombo Stock Exchange1896290
46Malawi1Malawi Stock Exchange199516
46Zambia1Lusaka Stock Exchange199422
46Somalia1Somali Stock Exchange201510
46Guatemala1Bolsa Nacional de Valores1987—
46Romania1Bucharest Stock Exchange188283
46Cambodia1Cambodia Securities Exchange2011—
46Bolivia1Bolsa Boliviana de Valores1990—
46Tunisia1Bourse de Tunis196974
46Haiti1Haitian Stock Exchange2007—
46Jordan1Amman Stock Exchange1999—
46Tajikistan1Central Asian Stock Exchange2015—
46Papua New Guinea1PNGX Markets Limited1999—
46Azerbaijan1Baku Stock Exchange2000—
46Israel1Tel Aviv Stock Exchange1953473
46Hungary1Budapest Stock Exchange186461
46Austria1Wiener Börse177163
46Belarus1Belarusian Currency and Stock Exchange1998—
46Laos1Lao Securities Exchange201111
46Turkmenistan1State Commodity and Raw Material Exchange of Turkmenistan1994—
46Libya1Libyan Stock Market2007—
46Nicaragua1Bolsa de Valores de Nicaragua1990—
46Paraguay1Bolsa de Valores de Asunción1977—
46Bulgaria1Bulgarian Stock Exchange1914—
46Serbia1Belgrade Stock Exchange189466
46El Salvador1Bolsa de Valores de El Salvador1992—
46Singapore1Singapore Exchange1999776
46Lebanon1Beirut Stock Exchange1920—
46Palestine1Palestine Securities Exchange1995—
46Oman1Muscat Securities Market1988—
46Slovakia1Bratislava Stock Exchange1991—
46New Zealand1New Zealand's Exchange2002—
46Costa Rica1Bolsa Nacional de Valores1976—
46Kuwait1Boursa Kuwait1977—
46Panama1Bolsa de Valores de Panamá1989—
46Croatia1Zagreb Stock Exchange190745
46Georgia1Georgian Stock Exchange1999261
46Qatar1Doha Securities Market1997—
46Namibia1Namibian Stock Exchange199253
46Moldova1Moldova Stock Exchange1994—
46Jamaica1Jamaica Stock Exchange1968—
46Albania1Tirana Stock Exchange19964
46Botswana1Botswana Stock Exchange198953
46Lesotho1Maseru Securities Market20161
46Slovenia1Ljubljana Stock Exchange198961
46North Macedonia1Macedonian Stock Exchange1995—
46Bahrain1Bahrain Stock Exchange1987—
46Trinidad and Tobago1Trinidad and Tobago Stock Exchange1981—
46Eswatini1Eswatini Stock Exchange199010
46Mauritius1Stock Exchange of Mauritius1988185
46Fiji1South Pacific Stock Exchange1971—
46Guyana1Guyana Stock Exchange2003—
46Bhutan1Royal Securities Exchange of Bhutan199320
46Macau1Macao Financial Asset Exchange2018—
46Luxembourg1Luxembourg Stock Exchange1927—
46Suriname1Suriname Stock Exchange1994—
46Montenegro1Montenegro Stock Exchange1993—
46Malta1Malta Stock Exchange1992—
46Maldives1Maldives Stock Exchange200210
46Cape Verde1Bolsa de Valores de Cabo Verde19984
46Bahamas1Bahamas Securities Exchange1999—
46Barbados1Barbados Stock Exchange1987—
46Curacao1Dutch Caribbean Securities Exchange2010—
46Saint Lucia1ECSE——
46Seychelles1Merj Exchange Limited201248
46Grenada1ECSE——
46Saint Vincent and the Grenadines1ECSE——
46Antigua and Barbuda1ECSE——
46Cayman Islands1Cayman Islands Stock Exchange1997—
46Dominica1ECSE——
46Guernsey1The International Stock Exchange20134000
46Bermuda1Bermuda Stock Exchange1971—
46Faroe Islands1Faroese Securities Market2004—
46Saint Kitts and Nevis1Eastern Caribbean Securities Exchange2001—
46Gibraltar1Gibraltar Stock Exchange2014—
46Anguilla1ECSE——
46Montserrat1ECSE——

What correlates with # Stock Exchanges?

Pearson r against 1,455 other country metrics sharing at least 87 countries. Correlation is not causation.

Higher together

Places that have a higher # Stock Exchanges tend to score higher on these

  1. Consumer SpendingConsumer Spending by Country
    r = +0.93 · very strong · n = 106
    Plot
  2. National Central Gov DebtCountries with the Highest National Debt
    r = +0.91 · very strong · n = 107
    Plot
  3. Domestic Bond Market VolumeBond Market Size by Country
    r = +0.91 · very strong · n = 130
    Plot
  4. Non-Resident Patent GrantsPatents by Country
    r = +0.91 · very strong · n = 91
    Plot
  5. # Domestic BondsBond Market Size by Country
    r = +0.91 · very strong · n = 130
    Plot
  6. # Domestic & International BondsBond Market Size by Country
    r = +0.91 · very strong · n = 133
    Plot

Opposite directions

Places that have a higher # Stock Exchanges tend to score lower on these

  1. Net International Investment PositionNet International Investment Position by Country
    r = −0.64 · strong · n = 104
    Plot
  2. % of Children Ever BreastfedBreastfeeding Rates by Country
    r = −0.57 · strong · n = 87
    Plot
  3. US Trade BalanceUS Trade Deficit by Country
    r = −0.50 · moderate · n = 142
    Plot
  4. ZeroPark 2020Tier 1 Countries
    r = −0.49 · moderate · n = 143
    Plot
  5. Year of First Oscar SubmissionOscar Winners by Country
    r = −0.37 · moderate · n = 103
    Plot
  6. Oldest Park Founding YearNational Parks by Country
    r = −0.36 · moderate · n = 90
    Plot

Quick answers

Which country has the highest # Stock Exchanges?
United States has the highest # Stock Exchanges, at 26, followed by Japan (13) and China (8).
Which country has the lowest # Stock Exchanges?
Montserrat has the lowest # Stock Exchanges, at 1.
What is the median # Stock Exchanges across countries?
The median is 1 across the 145 countries with data.
Where does this stock exchanges by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: List of Stock Exchanges- Wikipedia; List of African Stock Exchanges - Wikipedia; List of Stock Exchanges in the Americas - Wikipedia; List of Asian Stock Exchanges - Wikipedia.

Keep exploring