The Biggest Companies in the World, by Country

Mark Pierce
Mark Pierce is the founding partner of Wyoming Trust and LLC Attorney. He is an estate planning and small business structuring expert with over 40 years of experience.

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

  1. Apple: $2.64 trillion
  2. Microsoft: $2.05 trillion
  3. Alphabet: $1.58 trillion
  4. Amazon: $1.47 trillion
  5. 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 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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