Apple is no longer the world’s most valuable brand.
Having led for the past five years by a considerable margin, the company was finally overtaken by Google, after Apple’s brand value tumbled by 27 per cent to $107.1 billion in 2016.
Google has managed to increase to $109.5 billion, while Amazon rocketed to a close third place of $106.4 billion, an increase of 53 per cent.
These rankings are according to Brand Finance’sGlobal 500 rankings.
A graphic by HowMuch.net has worked out the world’s most valuable brands, by country.
![](https://cdn.howmuch.net/content/images/1600/final-brands-by-country-e36c.png)
The report found that the biggest gains in brand value over the past decade were to be found in Silicon Valley.