Global Stock Market Cap Surges 40pts to 137% of GDP

Global equity market cap hits $166T, reaching 137% of global GDP and matching 2021 meme stock peak levels, driven by AI sector growth.

Woofun AI data shows that the ratio of global stock market capitalization to global GDP has climbed to 137%, marking a 40 percentage point increase since April 2025. This valuation level is now comparable to the peak observed during the 2021 Meme Stock craze, significantly exceeding the pre-2008 financial crisis high of approximately 120%.

The total global stock market value has attained a record high of $166 trillion this month. The U.S. stock market constitutes roughly $77 trillion of this total, representing approximately 46% of the global aggregate, with artificial intelligence cited as the primary driver of this historic expansion.