Global markets with the highest returns since 1900?

Best Returns Since 1900 Came From These Markets. Between 1900 and 2016, the world economy moved from telegraphy to smartphones, horse-drawn carriages to super-cars and from letter press to Internet.

 

But throughout this period, a few countries produced the highest average returns for investors in stocks and bonds. According to a study by Credit Suisse Group AG and the London Business School, the best equity markets over the past 117 years were commodity-rich nations such as South Africa, Australia, the U.S. and Canada, while Denmark and Sweden yielded the highest bond returns.