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).
# 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# Stock Exchanges
Darker means higher. Click a place to highlight it.
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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
| # | |||||
|---|---|---|---|---|---|
| 1 |  United States | 26 | Nasdaq GEMX, Nasdaq ISE+13 | 2000, 2000+24 | — |
| 2 |  Japan | 13 | Tokyo Pro Market, JASDAQ NEO (merged into JASDAQ in Oct. 2010)+10 | 2009, 2007+11 | 56, 14+4 |
| 3 |  China | 8 | Beijing Stock Exchange, China Financial Futures Exchange+6 | 2021, 2006+6 | 88, 2607+1 |
| 3 |  Germany | 8 | Tradegate Exchange, Xetra+6 | 2009, 1997+6 | 9100, 3580+2 |
| 5 |  India | 6 | India International Exchange, Indian Commodity Exchange+4 | 2017, 2017+4 | |, |, 2100, 5300 |
| 5 |  Canada | 6 | Cboe Canada, Canadian Securities Exchange+4 | 2015, 2004+4 | — |
| 7 |  Thailand | 5 | Thailand Futures Exchange, AFET+3 | 2005, 2004+3 | |, | 205, 614 |
| 7 |  Spain | 5 | Mercado Oficial Español de Futuros y Opciones, Bolsa de Valencia+3 | 1989, 1981+3 | — |
| 9 |  Iran | 4 | Iran Fara Bourse, Iranian Energy Exchange+2 | 2008, 2008+2 | 547, |, 666 |
| 9 |  South Africa | 4 | A2X Markets, Cape Town Stock Exchange+2 | 2017, 2017+2 | 176, 12+2 |
| 9 |  Malaysia | 4 | FUSANG Exchange, MESDAQ+2 | 2015, 1997+2 | |, | 801 |
| 9 |  Australia | 4 | Cboe Australia, Sydney Stock Exchange+2 | 2008, 1997+2 | — |
| 9 |  United Arab Emirates | 4 | Dubai Gold & Commodities Exchange, NASDAQ Dubai+2 | 2005, 2005+2 | |, 73, 178 |
| 14 |  Indonesia | 3 | Indonesia Commodity and Derivatives Exchange, Jakarta Futures Exchange+1 | 2009, 1999+1 | |, 833 |
| 14 |  Nigeria | 3 | NASD OTC Securities Exchange, Nigeria Commodity Exchange+1 | 1998, 1998+1 | 26|, 328 |
| 14 |  Russia | 3 | Moscow Exchange, Saint Petersburg Stock Exchange | 2011, 1997 | 219 |
| 14 |  Philippines | 3 | Manila Commodity Exchange, Philippine Dealing Exchange+1 | 2011, 2005+1 | |, 329 |
| 14 |  Vietnam | 3 | Vietnam Stock Exchange, Hanoi Stock Exchange+1 | 2021, 2005+1 | |, 396 |
| 14 |  South Korea | 3 | Korea Exchange, KOSDAQ+1 | 2005, 1996+1 | 2354, 1411 |
| 14 |  Argentina | 3 | Mercado Abierto Electrónico, Rosario Stock Exchange+1 | 1988, 1884+1 | — |
| 14 |  Taiwan | 3 | Taiwan Futures Exchange, Taipei Exchange+1 | 1998, 1994+1 | |, 898 |
| 14 |  Mongolia | 3 | Ulaanbaatar Securities Exchange, Mongolian Commodity Exchange+1 | 2016, 2013+1 | — |
| 23 |  Brazil | 2 | Bolsa de Cereais e Mercadorias de Maringá, B3 — Brasil, Bolsa, Balcão | 1982, 1890 | — |
| 23 |  Bangladesh | 2 | Chittagong Stock Exchange, Dhaka Stock Exchange | 1995, 1954 | 293, 750 |
| 23 |  Ethiopia | 2 | Ethiopian Securities Exchange, Ethiopia Commodity Exchange | 2025, 2008 | 1 |
| 23 |  Mexico | 2 | BIVA - Bolsa Institucional de Valores, Bolsa Mexicana de Valores | 2017, 1886 | — |
| 23 |  Myanmar | 2 | Yangon Stock Exchange, Myanmar Securities Exchange Centre | 2015, 1996 | — |
| 23 |  Uganda | 2 | ALTX East Africa Exchange, Uganda Securities Exchange | 2013, 1997 | 3, 20 |
| 23 |  Ukraine | 2 | Ukrainian Exchange, PFTS Ukraine Stock Exchange | 2008, 2002 | 88, |
| 23 |  Kazakhstan | 2 | Astana International Exchange, Kazakhstan Stock Exchange | 2018, 1993 | 25, 127 |
| 23 |  Chile | 2 | Bolsa Electronica de Chile, Santiago Stock Exchange | 1989, 1893 | — |
| 23 |  Netherlands | 2 | Nxchange, NPEX | 2015, 2009 | 8 |
| 23 |  Ecuador | 2 | Bolsa de Valores de Guayaquil, Bolsa de Valores de Quito | 1969, 1969 | — |
| 23 |  Zimbabwe | 2 | Victoria Falls Stock Exchange, Zimbabwe Stock Exchange | 2020, 1948 | 45, 15 |
| 23 |  Rwanda | 2 | East Africa Exchange, Rwanda Stock Exchange | 2014, 2011 | | 10 |
| 23 |  Dominican Republic | 2 | Latin American International Financial Exchange, Bolsa de Valores de la República Dominicana | | 1991 | — |
| 23 |  Honduras | 2 | Bolsa Centroamericana de Valores, Bolsa Hondureña de Valores | 2005, 1993 | — |
| 23 |  Sweden | 2 | Nordic Growth Market, Spotlight Stock Market | 2003, 1997 | 6, 138 |
| 23 |  Switzerland | 2 | BX Swiss, SIX Swiss Exchange | 1888, 1850 | 18, 266 |
| 23 |  Kyrgyzstan | 2 | Stock Exchange of Kyrgyzstan, Kyrgyz Stock Exchange | 1999, 1994 | — |
| 23 |  Hong Kong | 2 | Hong Kong Exchanges and Clearing (aka Hang Seng), Hong Kong Stock Exchange | 2000, 1891 | | 2538 |
| 23 |  Uruguay | 2 | Bolsa Electronica de Valores de Uruguay, Bolsa de Valores de Montevideo | 1993, 1867 | — |
| 23 |  Bosnia and Herzegovina | 2 | Banja Luka Stock Exchange, Sarajevo Stock Exchange | 2001, 2001 | — |
| 23 |  Armenia | 2 | Armenia Stock Exchange, Armenian Stock Exchange | 2001, 2001 | — |
| 23 |  Cyprus | 2 | Cyprus Stock Exchange, Cyprus Stock Exchange | 1996, 1996 | — |
| 46 |  Pakistan | 1 | Pakistan Stock Exchange | 2016 | 540 |
| 46 |  Egypt | 1 | Egyptian Exchange | 1883 | 303 |
| 46 |  Turkey | 1 | Borsa Istanbul | 1866 | — |
| 46 |  Tanzania | 1 | Dar es Salaam Stock Exchange | 1998 | 29 |
| 46 |  United Kingdom | 1 | London Stock Exchange | 1571 | 2800 |
| 46 |  Kenya | 1 | Nairobi Securities Exchange | 1954 | 162 |
| 46 |  Colombia | 1 | Colombia Stock Exchange | 1928 | — |
| 46 |  Sudan | 1 | Khartoum Stock Exchange | 1994 | — |
| 46 |  Algeria | 1 | Algiers Stock Exchange | 1997 | 6 |
| 46 |  Iraq | 1 | Iraq Stock Exchange | 2004 | — |
| 46 |  Angola | 1 | Angola Debt and Stock Exchange | 2017 | 14 |
| 46 |  Morocco | 1 | Casablanca Stock Exchange | 1929 | 94 |
| 46 |  Poland | 1 | Warsaw Stock Exchange | 1817 | 449 |
| 46 |  Uzbekistan | 1 | Tashkent Stock Exchange | 1994 | 104 |
| 46 |  Mozambique | 1 | Bolsa de Valores de Moçambique | 1999 | 11 |
| 46 |  Ghana | 1 | Ghana Stock Exchange | 1990 | 49 |
| 46 |  Saudi Arabia | 1 | Tadawul | 2007 | 202 |
| 46 |  Peru | 1 | Lima Stock Exchange | 1860 | — |
| 46 |  Ivory Coast | 1 | Bourse Régionale des Valeurs Mobilières | 1998 | 45 |
| 46 |  Cameroon | 1 | Bourse des Valeurs Mobilières de l'Afrique Centrale | 2003 | 7 |
| 46 |  Nepal | 1 | Nepal Stock Exchange | 1993 | 333 |
| 46 |  Venezuela | 1 | Bolsa de Valores de Caracas | 1947 | — |
| 46 |  Syria | 1 | Damascus Securities Exchange | 2009 | 24 |
| 46 |  Sri Lanka | 1 | Colombo Stock Exchange | 1896 | 290 |
| 46 |  Malawi | 1 | Malawi Stock Exchange | 1995 | 16 |
| 46 |  Zambia | 1 | Lusaka Stock Exchange | 1994 | 22 |
| 46 |  Somalia | 1 | Somali Stock Exchange | 2015 | 10 |
| 46 |  Guatemala | 1 | Bolsa Nacional de Valores | 1987 | — |
| 46 |  Romania | 1 | Bucharest Stock Exchange | 1882 | 83 |
| 46 |  Cambodia | 1 | Cambodia Securities Exchange | 2011 | — |
| 46 |  Bolivia | 1 | Bolsa Boliviana de Valores | 1990 | — |
| 46 |  Tunisia | 1 | Bourse de Tunis | 1969 | 74 |
| 46 |  Haiti | 1 | Haitian Stock Exchange | 2007 | — |
| 46 |  Jordan | 1 | Amman Stock Exchange | 1999 | — |
| 46 |  Tajikistan | 1 | Central Asian Stock Exchange | 2015 | — |
| 46 |  Papua New Guinea | 1 | PNGX Markets Limited | 1999 | — |
| 46 |  Azerbaijan | 1 | Baku Stock Exchange | 2000 | — |
| 46 |  Israel | 1 | Tel Aviv Stock Exchange | 1953 | 473 |
| 46 |  Hungary | 1 | Budapest Stock Exchange | 1864 | 61 |
| 46 |  Austria | 1 | Wiener Börse | 1771 | 63 |
| 46 |  Belarus | 1 | Belarusian Currency and Stock Exchange | 1998 | — |
| 46 |  Laos | 1 | Lao Securities Exchange | 2011 | 11 |
| 46 |  Turkmenistan | 1 | State Commodity and Raw Material Exchange of Turkmenistan | 1994 | — |
| 46 |  Libya | 1 | Libyan Stock Market | 2007 | — |
| 46 |  Nicaragua | 1 | Bolsa de Valores de Nicaragua | 1990 | — |
| 46 |  Paraguay | 1 | Bolsa de Valores de Asunción | 1977 | — |
| 46 |  Bulgaria | 1 | Bulgarian Stock Exchange | 1914 | — |
| 46 |  Serbia | 1 | Belgrade Stock Exchange | 1894 | 66 |
| 46 |  El Salvador | 1 | Bolsa de Valores de El Salvador | 1992 | — |
| 46 |  Singapore | 1 | Singapore Exchange | 1999 | 776 |
| 46 |  Lebanon | 1 | Beirut Stock Exchange | 1920 | — |
| 46 |  Palestine | 1 | Palestine Securities Exchange | 1995 | — |
| 46 |  Oman | 1 | Muscat Securities Market | 1988 | — |
| 46 |  Slovakia | 1 | Bratislava Stock Exchange | 1991 | — |
| 46 |  New Zealand | 1 | New Zealand's Exchange | 2002 | — |
| 46 |  Costa Rica | 1 | Bolsa Nacional de Valores | 1976 | — |
| 46 |  Kuwait | 1 | Boursa Kuwait | 1977 | — |
| 46 |  Panama | 1 | Bolsa de Valores de Panamá | 1989 | — |
| 46 |  Croatia | 1 | Zagreb Stock Exchange | 1907 | 45 |
| 46 |  Georgia | 1 | Georgian Stock Exchange | 1999 | 261 |
| 46 |  Qatar | 1 | Doha Securities Market | 1997 | — |
| 46 |  Namibia | 1 | Namibian Stock Exchange | 1992 | 53 |
| 46 |  Moldova | 1 | Moldova Stock Exchange | 1994 | — |
| 46 |  Jamaica | 1 | Jamaica Stock Exchange | 1968 | — |
| 46 |  Albania | 1 | Tirana Stock Exchange | 1996 | 4 |
| 46 |  Botswana | 1 | Botswana Stock Exchange | 1989 | 53 |
| 46 |  Lesotho | 1 | Maseru Securities Market | 2016 | 1 |
| 46 |  Slovenia | 1 | Ljubljana Stock Exchange | 1989 | 61 |
| 46 |  North Macedonia | 1 | Macedonian Stock Exchange | 1995 | — |
| 46 |  Bahrain | 1 | Bahrain Stock Exchange | 1987 | — |
| 46 |  Trinidad and Tobago | 1 | Trinidad and Tobago Stock Exchange | 1981 | — |
| 46 |  Eswatini | 1 | Eswatini Stock Exchange | 1990 | 10 |
| 46 |  Mauritius | 1 | Stock Exchange of Mauritius | 1988 | 185 |
| 46 |  Fiji | 1 | South Pacific Stock Exchange | 1971 | — |
| 46 |  Guyana | 1 | Guyana Stock Exchange | 2003 | — |
| 46 |  Bhutan | 1 | Royal Securities Exchange of Bhutan | 1993 | 20 |
| 46 |  Macau | 1 | Macao Financial Asset Exchange | 2018 | — |
| 46 |  Luxembourg | 1 | Luxembourg Stock Exchange | 1927 | — |
| 46 |  Suriname | 1 | Suriname Stock Exchange | 1994 | — |
| 46 |  Montenegro | 1 | Montenegro Stock Exchange | 1993 | — |
| 46 |  Malta | 1 | Malta Stock Exchange | 1992 | — |
| 46 |  Maldives | 1 | Maldives Stock Exchange | 2002 | 10 |
| 46 |  Cape Verde | 1 | Bolsa de Valores de Cabo Verde | 1998 | 4 |
| 46 |  Bahamas | 1 | Bahamas Securities Exchange | 1999 | — |
| 46 |  Barbados | 1 | Barbados Stock Exchange | 1987 | — |
| 46 |  Curacao | 1 | Dutch Caribbean Securities Exchange | 2010 | — |
| 46 |  Saint Lucia | 1 | ECSE | — | — |
| 46 |  Seychelles | 1 | Merj Exchange Limited | 2012 | 48 |
| 46 |  Grenada | 1 | ECSE | — | — |
| 46 |  Saint Vincent and the Grenadines | 1 | ECSE | — | — |
| 46 |  Antigua and Barbuda | 1 | ECSE | — | — |
| 46 |  Cayman Islands | 1 | Cayman Islands Stock Exchange | 1997 | — |
| 46 |  Dominica | 1 | ECSE | — | — |
| 46 |  Guernsey | 1 | The International Stock Exchange | 2013 | 4000 |
| 46 |  Bermuda | 1 | Bermuda Stock Exchange | 1971 | — |
| 46 |  Faroe Islands | 1 | Faroese Securities Market | 2004 | — |
| 46 |  Saint Kitts and Nevis | 1 | Eastern Caribbean Securities Exchange | 2001 | — |
| 46 |  Gibraltar | 1 | Gibraltar Stock Exchange | 2014 | — |
| 46 |  Anguilla | 1 | ECSE | — | — |
| 46 |  Montserrat | 1 | ECSE | — | — |
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
Opposite directions
Places that have a higher # Stock Exchanges tend to score lower on these
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.