Global equity markets rebounded in December, with 19 of the 21 emerging markets and 22 of the 25 developed markets posting gains during the month according to Standard & Poor's Index Services monthly global stock market review, The World by Numbers. For 2008, however, the 46 global equity markets that comprise the S&P Global Broad Market Indices lost a combined US$ 17.0 trillion as emerging markets fell 54.72% and developed markets dropped 42.72% for the year.