As of 2023, the United States had the largest bond market worldwide, accounting for nearly 40 percent of the total. The European Union was second in the ranking, accouting for almost one fifth of the total outstanding value of corporate and government bonds worldwid, followed by China with 16.3 percent.
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SIFMA. (August 8, 2024). Distribution of corporate and government bonds' outstanding value worldwide 2024, by country [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 22, 2026, from /statistics/774055/worlds-largest-bond-markets/
SIFMA. "Distribution of corporate and government bonds' outstanding value worldwide 2024, by country." Chart. August 8, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 22, 2026. /statistics/774055/worlds-largest-bond-markets/
SIFMA. (2024). Distribution of corporate and government bonds' outstanding value worldwide 2024, by country. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 22, 2026. /statistics/774055/worlds-largest-bond-markets/
SIFMA. "Distribution of Corporate and Government Bonds' Outstanding Value Worldwide 2024, by Country." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 8 Aug 2024, /statistics/774055/worlds-largest-bond-markets/
SIFMA, Distribution of corporate and government bonds' outstanding value worldwide 2024, by country ÌÇÐÄÆÆ½â°æ, /statistics/774055/worlds-largest-bond-markets/ (last visited July 22, 2026)
Distribution of corporate and government bonds' outstanding value worldwide 2024, by country [Graph], SIFMA, August 8, 2024. [Online]. Available: /statistics/774055/worlds-largest-bond-markets/