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World's Top 500 Companies Ranking 2021

What is the World's Top 500 Companies Ranking?

The World's Top 500 Companies Ranking is an annual list compiled and published by Fortune magazine. The list ranks the world's largest companies based on their total revenues for the previous fiscal year.

Who are the Top Companies on the 2021 Ranking?

The top 3 companies on the 2021 ranking are Walmart, State Grid Corporation of China, and Amazon. Other companies in the top 10 include China National Petroleum, Sinopec Group, Royal Dutch Shell, Saudi Aramco, BP, Exxon Mobil, and Toyota Motor.

Which Industries are Dominating the Ranking?

The energy industry dominates the ranking with 71 companies in the top 500, followed by the banking and automotive industries with 42 and 27 companies respectively. Technology companies are also well represented, with 22 companies on the list.

Which Companies are New to the Ranking?

There are 13 new companies on the 2021 ranking, including Danish pharmaceutical company Novo Nordisk, Chinese semiconductor company Semiconductor Manufacturing International Corp (SMIC), and Danish wind energy company Orsted.

What are the Trends in the Ranking?

One trend in the ranking is the rise of Chinese companies, with 133 companies on the list, up from 124 in 2020. Another trend is the impact of the COVID-19 pandemic on certain industries, such as the aviation industry which saw a drop in revenue for companies like American Airlines and Delta Air Lines. The pandemic also had a positive effect on e-commerce companies like Amazon, whose revenue increased by 38% in 2020.

Conclusion

The World's Top 500 Companies Ranking is an important indicator of the global economy and a reflection of the current business landscape. The 2021 ranking showcases the dominance of certain industries and the emergence of new players in the global market.