Taiwan overtakes India as world's 5th largest stock market

Exam-focused facts from the 27 May 2026 current affairs briefing.

Key facts

Taiwan has become the fifth largest stock market globally with a market capitalization of $4.95 trillion, overtaking India's value of $4.92 trillion.
The global stock market rankings are led by the United States (US), mainland China, Japan, and Hong Kong, followed by Taiwan.
The growth in Taiwan's market is driven by Taiwan Semiconductor Manufacturing Co (TSMC), which accounts for approximately 42% of the benchmark index.
According to International Monetary Fund (IMF) estimates, India's economy is valued at $4.15 trillion, while Taiwan's gross domestic product (GDP) is $977 billion.
India's weight in the MSCI emerging markets index has decreased to approximately 12% from 19% in the previous year.