Taiwan Surpasses India in Global Market Capitalization Rankings

In a significant shift in the global market landscape, Taiwan has surpassed India to take the fifth position in market capitalization, now valued at $4.95 trillion. This change pushes India to sixth place with a market cap of $4.92 trillion. The United States remains the leader, while Taiwan's growth is largely fueled by the success of the Taiwan Semiconductor Manufacturing Company (TSMC), which has seen its shares rise dramatically this year. Explore the details of this market evolution and what it means for the future.

By Narendra Chaudhary May 26, 2026, 09:28 IST

Taiwan's Market Capitalization Growth

Taiwan has overtaken India to secure the fifth position in the global market capitalization standings, boasting a market cap of $4.95 trillion. This shift has relegated India to sixth place, with its market capitalization now at $4.92 trillion. The United States continues to lead the world with a staggering market cap of $77.96 trillion. Following the US are China and Japan, with market caps of $15.57 trillion and $8.67 trillion, respectively. Hong Kong holds the fourth position with a market cap of $7.26 trillion. The impressive growth of Taiwan's market can be attributed to the significant surge driven by artificial intelligence, particularly within the Taiwan Semiconductor Manufacturing Company (TSMC), which constitutes approximately 42% of the benchmark index. TSMC's shares have seen a remarkable increase of 49% this year.