Mapped: Billion Dollar Companies by Country in 2025

May 12, 2025--Key Takeaways
The U.S. is home to 1,873 billion dollar firms by market cap, more than a third of the global total.
Japan ranks in second worldwide, at 404 billion dollar publicly-listed firms.
Since 2000, the number of companies in India valued at $1 billion or more has jumped from 20 to 348.

Globally, there are 5,522 publicly-listed firms valued at $1 billion or more.

While the U.S. commands the largest share, increasingly, a growing number of large firms are emerging out of India and the broader Asia-Pacific region. Underpinning this trend is strong economic growth, rising capital inflows, and favorable demographics.