Like every year, consultancy Brand Finance has published its ranking of the 500 most valuable companies worldwide. In 2023, the Spanish representation remains stable with seven companies present in the classification. Six of these companies are on the list, while CaixaBank replaces El Corte Inglés. Bank enters position 479. Santander appears first, at 116 (+10), followed by Zara at 181 (-30), Movistar at 293 (+54), BBVA at 343 (-17), Mercadona at 391 (-29 ) and Repsol (-132), which closes the list at 500.
In its first edition, in 2007, only five Spanish companies were included in the list: Santander, BBVA, Telefónica, Movistar and Zara.
A list dominated by technology, retail, and banking
In the first position of the list, Amazon stands out, which is in the first position, displacing Apple. Both companies have lost in value compared to 2022 (-14.5% and -16% respectively) and, together with Google (third place), they are the only ones whose value exceeds 250,000 million euros. The company led by Jeff Bezos has thereby restored the leadership of the ratings it had held between 2018 and 2020. Apple and Amazon are the only companies to top the Brand Finance rankings in the past 12 years (since 2012).
Tesla and Tik Tok are the only ones to make the Top 10 (they placed ninth and ten respectively). From four to eight, respectively, Microsoft, Walmart, Samsung, ICBC, and Verizon.
The report also aggregates the number of companies and their positions to show the countries and sectors with the most weight, which are not necessarily the countries with the most companies. The United States (49.75%), China (17.87%), Germany (5.99%), Japan (5.32%) and France (4.14%) are the countries with the most weight. Likewise, the technology (13.38%), retail (13.24%) and banking (12.33%) sectors are the most represented.
Numerically, the United States (201 companies) and China (79) account for more than half the list. Behind these two giants are Japan (32), France (31), Britain (25) and Germany (24). American companies amass nearly four trillion dollars in value and China’s, 1.43 trillion.
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