A 5 trillion GDP is bigger than every country beside the US and China. Japan is 4.9. Germany is 3.9.
But comparing market cap (wealth) to gdp (production) doesn't really make sense.
It would make more sense to compare revenues maybe?? Top 5 tech revenues would combine to about $1T - which still makes them bigger than all but 16 countries...
Comparing revenue with added value makes no sense, either. Makes more sense to look at profits.
After all, a company buying A for $100 and selling A for $100 will boost revenue, but will not see profit rise. A country in which companies buy A for $100 and sell A for $100 will not see GDP rise.
But comparing market cap (wealth) to gdp (production) doesn't really make sense.
It would make more sense to compare revenues maybe?? Top 5 tech revenues would combine to about $1T - which still makes them bigger than all but 16 countries...