United States: Listed domestic companies, total

Key figures

What the numbers say

In 2025, United States' listed domestic companies, total fell 2.5% on 2024 (from 4,010 to 3,908).

Across the 30 yearly changes before that (1995 to 2024), the average change was −1.8% and a typical year strayed about 5.5% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 115.1% in 1980 and the biggest yearly fall was 10.7% in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, United States had the 5th highest value of the 64 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to United States in the 2025 ranking

• India — 2nd of 64: 8,510
• Canada — 3rd of 64: 4,377
• Japan — 4th of 64: 3,942
• Korea, Rep. — 6th of 64: 2,653
• Hong Kong SAR, China — 7th of 64: 2,508
• Australia — 8th of 64: 1,782

What this measures

Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

Limitations: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

Regional and income-group figures are computed by the World Bank as a sum.

All 51 values

Listed domestic companies, total in nearby economies

• Bermuda — 9 (2025)
• Canada — 4,377 (2025)

More financial sector data for United States

• Domestic credit to private sector by banks (% of GDP) — 44.51% (2025)
• Net domestic credit (current LCU) — 32.37 trillion (2025)
• Net foreign assets (current LCU) — 1.26 trillion (2025)
• Monetary sector credit to private sector (% of GDP) — 44.51% (2025)
• Broad money (current LCU) — 30.68 trillion (2025)
• Broad money (% of GDP) — 99.72% (2025)
• Broad money to total reserves ratio — 22.15 (2025)
• Claims on central government, etc. (% of GDP) — 54.19% (2025)
• Domestic credit provided by financial sector (% of GDP) — 262.3% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is United States's listed domestic companies, total?

3,908 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1975?

It is up 46.37% from 2,670 in 1975 (0.76% a year on average, compounded). The highest value was 8,090 in 1996 and the lowest 2,401 in 1979.

How does United States rank?

5th highest of 64 economies with data for 2025.

Is the latest change in listed domestic companies, total unusual for United States?

In 2025, United States' listed domestic companies, total fell 2.5% on 2024 (from 4,010 to 3,908). Across the 30 yearly changes before that (1995 to 2024), the average change was −1.8% and a typical year strayed about 5.5% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator CM.MKT.LDOM.NO, licensed CC BY 4.0. Original source: World Federation of Exchanges database, World Federation of Exchanges (WFE) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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