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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
A view of Zurich's main shopping street Bahnhofstrasse in Switzerland.

There are some companies that generate most revenues in the countries they are based in, pay top corporate taxes and are a major part of the economy.

Let's take a look at some companies that dominate the markets they are based in.

Source: The Economist

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
Lakshmi Mittal, right, with his son Aditya Mittal, left, in Paris.

ArcelorMittal

Country of domicile: Luxembourg

Revenue of GDP (2011): 161 per cent

Global rank: 1

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
A woman walks past Essar headquarters building in Mumbai.

Essar Energy

Country of domicile: Mauritius

Revenue of GDP (2011): 132 per cent

Global rank: 2

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
A worker monitors the queue as motorists wait for fuel at a filling station in Liverpool.

Royal Dutch Shell

Country of domicile: The Netherlands

Revenue of GDP (2011): 56 per cent

Global rank: 3

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
A worker cleans the door of a China Mobile branch in Shenyang, China.

China Mobile

Country of domicile: Hong Kong

Revenue of GDP (2011): 34 per cent

Global rank: 4

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
Logo of Glencore is seen in front of the company's headquarters in the Swiss town of Zug.

Glencore

Country of domicile: Switzerland

Revenue of GDP (2011): 29 per cent

Global rank: 5

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
A Statoil petrol station is pictured in the evening in the centre of Warsaw, Poland.

Statoil

Country of domicile: Norway

Revenue of GDP (2011): 24 per cent

Global rank: 6

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
Technicians work at a Thailand's PTT Chemical complex at the Map Ta Phut industrial estate in Rayong.

PTT

Country of domicile: Thailand

Revenue of GDP (2011): 23 per cent

Global rank: 7

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
A security guard patrols Hong Hai headquarters in Tucheng, Taipei county, Taiwan.

Hon Hai

Country of domicile: Taiwan

Revenue of GDP (2011): 20 per cent

Global rank: 8

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
Nokia office in Oulu, Finland.

Nokia

Country of domicile: Finland

Revenue of GDP (2011): 20 per cent

Global rank: 9

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10 companies that are world powerhouses

Last updated on: August 28, 2012 08:48 IST
A view of the Hungarian oil group MOL's main Danube refinery in Szazhalombatta.

MOL group

Country of domicile: Hungary

Revenue of GDP (2011): 19 per cent

Global rank: 10