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It’s no secret that the value of tech giants has skyrocketed in recent years, but the scale can be difficult to grasp.

With far-reaching market penetration, intelligent diversification and the conversion of products into services, Apple, Microsoft, Amazon and Google have market capitalizations well over. reached $ 1.5 trillion.

To help us better understand these astounding numbers, a recent study by Mackeeper compared the market capitalizations of several tech giants to the countries’ annual gross domestic product (GDP).

Editor’s note: While it’s interesting to compare these numbers, it’s worth noting that they represent different things. Market capitalization is the total value of shares outstanding in a publicly traded company and gives an indication of its overall valuation, and GDP measures the value of all the goods and services a country produces in an entire year.

Companies vs. Countries: Tech Giants

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If Apple’s market cap was equal to a country’s annual GDP, it could just be the G7.

With a market capitalization of more than $ 2.1 trillion, Apple’s market capitalization is more than 96% of the country’s GDP, a list that includes Italy, Brazil, Canada, and Russia.

In fact, only seven countries in the world have a higher GDP than Apple’s market cap.

Tech Giants Land GDP Microsoft

Further behind is Microsoft, which would be the 10th richest country in the world if its market capitalization equals GDP.

With a market capitalization of more than $ 1.9 trillion, Microsoft is worth greater than the GDP of global corporations Brazil, Canada, Russia and South Korea.

Tech Giants Land GDP Amazon

While all of the tech giants did well during the COVID-19 pandemic, perhaps none benefited as much as Amazon.

With both online retail and web services in high demand, Amazon’s market cap is up $ 1.7 trillion, more than 92% of the country’s GDP.

Other companies “bigger” than countries

Tech giants aren’t the only companies competing with countries.

Country / Company Nominal GDP (country) or market capitalization (company)
United States of America $ 21,433 Billion
China $ 14,343 Billion
Japan $ 5.082 billion
Germany $ 3,861 billion
India $ 2,869 billion
United Kingdom $ 2.829 billion
France $ 2,716 billion
Apple $ 2.125 billion
Italy $ 2,004 billion
Microsoft $ 1,942 billion
Saudi Aramco $ 1,888 billion
Brazil $ 1,840 billion
Canada $ 1,736 billion
Russia $ 1,700 billion
Amazon $ 1,688 billion
alphabet $ 1,656 billion
South Korea $ 1,647 billion
Australia $ 1,397 billion
Spain $ 1,393 billion
Mexico $ 1,269 billion
Indonesia $ 1,119 billion
Facebook $ 939 billion
Netherlands $ 907 billion
Saudi Arabia $ 793 Billion
Turkey $ 761 Billion
Tencent $ 736 billion
Switzerland $ 703 Billion
Poland $ 596 billion

Market capitalization data as of June 13, 2021

Also on the list is Saudi Arabia’s state-owned company Saudi Aramco, which has a market capitalization of more than double the GDP of its home country.

China’s tech giant Tencent also has a market capitalization that exceeds GDP in many countries, such as Switzerland and Poland.

Until recently, Tencent was also ahead of other tech giant Facebook in market cap, but the social network has climbed to the top, hitting nearly $ 1 trillion in market cap.

Tech Giants Land GDP Facebook

Of course, the biggest caveat with these comparisons is the difference between market capitalization and GDP numbers.

A company’s market capitalization is an indicator of its net worth in the eyes of public markets and is constantly changing, while GDP measures a country’s economic performance in a given year.

But companies have a direct and indirect impact on the economies of countries around the world. Given the international reach, wealth accumulation, and impact, it’s important to consider how much wealth and power these companies have.


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