Despite having big competitors such as Google, Microsoft, Saudi Aramco and many more, in terms of market cap, Apple to date is the first and the only company to hit the $3 trillion market capitalization.
The Tim Cook-led tech giant has achieved this feat not once but twice. After hitting that mark in January last year, Apple again hit the $3 trillion mark this year in June.
And that’s not all. If you look at the biggest economies of the world, it turns out that Apple’s market cap is much higher than the majority of the world’s 50 biggest economies.
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Comparing Apple’s Market Cap To GDP Of World’s 50 Biggest Economies
apple
Apple currently has a market cap of $2.72 trillion. Looking at the GDPs of the world’s 50 biggest economies, it turns out that only seven countries have a GDP higher than Apple’s current market cap. Currently priced at $173.75, Apple’s shares are up more than 38% this year to date.
|
Country |
Nominal GDP (2022) |
1 |
United States of America |
$25.463 trillion |
2 |
China |
$17.963 trillion |
3 |
Japan |
$4.231 trillion |
4 |
Germany |
$4.072 trillion |
5 |
India |
$3.385 trillion |
6 |
United Kingdom |
$3.071 trillion |
7 |
France |
$2.783 trillion |
8 |
Russia |
$2.240 trillion |
9 |
Canada |
$2.140 trillion |
10 |
Italy |
$2.010 trillion |
11 |
Brazil |
$1.920 trillion |
12 |
Australia |
$1.675 trillion |
13 |
South Korea |
$1.665 trillion |
14 |
Mexico |
$1.414 trillion |
15 |
Spain |
$1.398 trillion |
16 |
Indonesia |
$1.319 trillion |
17 |
Saudi Arabia |
$1.108 trillion |
18 |
Netherlands |
$991 billion |
19 |
Turkey |
$906 billion |
20 |
Switzerland |
$808 billion |
21 |
Poland |
$688 billion |
22 |
Argentina |
$633 billion |
23 |
Sweden |
$586 billion |
24 |
Norway |
$579 billion |
25 |
Belgium |
$579 billion |
26 |
Ireland |
$529 billion |
27 |
Israel |
$522 billion |
28 |
United Arab Emirates |
$508 billion |
29 |
Thailand |
$495 billion |
30 |
Nigeria |
$477 billion |
31 |
Egypt |
$477 billion |
32 |
Austria |
$471 billion |
33 |
Singapore |
$467 billion |
34 |
Bangladesh |
$460 billion |
35 |
Vietnam |
$409 billion |
36 |
Malaysia |
$406 billion |
37 |
South Africa |
$406 billion |
38 |
Philippines |
$404 billion |
39 |
Denmark |
$395 billion |
40 |
Iran |
$389 billion |
41 |
Pakistan |
$377 billion |
42 |
Hong Kong |
$360 billion |
43 |
Colombia |
$344 billion |
44 |
Romania |
$301 billion |
45 |
Chile |
$301 billion |
46 |
Czech Republic (Czechia) |
$291 billion |
47 |
Finland |
$281 billion |
48 |
Iraq |
$264 billion |
49 |
Portugal |
$252 billion |
50 |
New Zealand |
$247 billion |
Source: worldbank data
Also Read: Not Apple Or Tesla, This Chinese Company Was World’s First To Hit $1 Trillion Market Cap
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Other Companies Near Apple’s Market Cap
These are the 10 biggest companies in the world, as per their current market cap:
1 Apple
$2.72 Trillion
2 Microsoft
getty
$2.39 Trillion
3 Saudi Aramco
$2.2 Trillion
4 Alphabet
$1.7 Trillion
5 Amazon
bloomberg
$1.34 Trillion
6 NVIDIA
$1.11 Trillion
7 Tesla
getty
$788.38 Billion
8 Meta Platforms
$789.50 Billion
9 Berkshire Hathaway
getty
$759.46 Billion
10 Eli Lilly
$511 Billion
Also Read: How A Lost iPhone Led To Warren Buffett Investing Billions In Apple
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