The world’s 500 largest firms generated $27.7 trillion in revenue and $1.5 trillion in profit in 2016. In total, this 12 months Fortune Global 500 firms employ 67 million people worldwide and are represented in 34 countries.
The latest edition of the list, which ranks firms by 2016 revenue, has a distinctly Asian flavor.
With 197 firms on the list based on its territory, Asia is now home to more of those global giants than some other continent, leaving North America (145) and Europe (143) fighting for second place. The remainder of the world has just 15 firms on the list.
The US still has the most important presence on the elite list with 132 firms, but China isn’t far behind with 109 and leads the Asian race to the highest. Japan is third with 51; South Korea has 15 and India seven.
Curious about which Southeast Asian firms made it to the list? Here are the small print:
(RANK: 54) TRANSFER – SINGAPORE [Revenues: US$98,089 MILLION]
(RANK 184) PETRONAS – MALAYSIA [Revenues: US$49,479 MILLION]
(RANK 192) PTT – THAILAND [Revenues: US$48,719 MILLION]
(RANK 239) WILMAR INTERNATIONAL – SINGAPORE [Revenues: US$41,402 MILLION]
(RANK 289) PERTAMINA – INDONESIA [Revenues: US$36,487 MILLION]
(RANK 455) FLEX – SINGAPORE [Revenues: US$23,863 MILLION]
Source: Fortune Global 500
