The source adds the following information: "Includes both direct shareholders and those investing through financial vehicles like life insurance and pension funds."
Citation formats
Countries with highest stock market participation 2024, by number of shareholders
As of 2024, the United States was the country with the highest participation rate in stock markets. Approximately *** million Americans - more than one in two - was invested in the stock market, either by direct retail investing or through financial vehicles like life insurance and pension funds. Canada was the second country in the ranking, with nearly 100 million shareholders, followed by the India, where ** million individuals were invested in stock markets.
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Visual Capitalist. (April 27, 2025). Countries with highest stock market participation worldwide in 2024, by number of shareholders (in millions) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1611723/countries-with-highest-number-of-shareholders/
Visual Capitalist. "Countries with highest stock market participation worldwide in 2024, by number of shareholders (in millions)." Chart. April 27, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1611723/countries-with-highest-number-of-shareholders/
Visual Capitalist. (2025). Countries with highest stock market participation worldwide in 2024, by number of shareholders (in millions). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1611723/countries-with-highest-number-of-shareholders/
Visual Capitalist. "Countries with Highest Stock Market Participation Worldwide in 2024, by Number of Shareholders (in Millions)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 27 Apr 2025, /statistics/1611723/countries-with-highest-number-of-shareholders/
Visual Capitalist, Countries with highest stock market participation worldwide in 2024, by number of shareholders (in millions) ÌÇÐÄÆÆ½â°æ, /statistics/1611723/countries-with-highest-number-of-shareholders/ (last visited July 26, 2026)
Countries with highest stock market participation worldwide in 2024, by number of shareholders (in millions) [Graph], Visual Capitalist, April 27, 2025. [Online]. Available: /statistics/1611723/countries-with-highest-number-of-shareholders/