What are the 26 emerging markets?
Understanding the MSCI Emerging Markets Index
The MSCI Emerging Markets Index consists of 24 emerging-market country indices: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates.
For example, the International Monetary Fund (IMF) classifies 20 countries as emerging markets while Morgan Stanley Capital International (MSCI) classifies 24 countries as emerging markets.
The Five Major Emerging Markets. Brazil, Russia, India, China, and South Africa are the biggest emerging markets in the world.
- Taiwan Semiconductor Mfg (Taiwan)
- Tencent Holdings (China)
- Samsung Electronics (South Korea)
- Alibaba Group Holding (China)
- Meituan B (China)
- Reliance Industries (India)
- Infosys (India)
- China Construction BK H (China)
This approach identifies the following countries in the emerging market group, in alphabetical order: Argentina, Brazil, Chile, China, Colombia, Egypt, Hungary, India, Indonesia, Iran, Malaysia, Mexico, the Philippines, Poland, Russia, Saudi Arabia, South Africa, Thailand, Turkey, and the United Arab Emirates.
The Next Eleven (or N-11) are eleven countries—Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey and Vietnam—that Goldman Sachs investment bank says will probably become some of the world's largest economies in the 21st century, together with the BRICS.
Country | GDP Growth | Growth in FDI Capex (CAGR '21-'23) |
---|---|---|
🇰🇭 Cambodia | 6.1% | 393% |
🇵🇭 Philippines | 5.9% | 312% |
🇰🇪 Kenya | 5.3% | 246% |
🇮🇶 Iraq | 2.9% | 371% |
These are Brazil, China, India, Indonesia, Mexico, Russia, and Turkey. They explain seven biggest emerging countries in terms of economic growth.
- Food Service. Compound annual growth rate (CAGR): 10.79% ...
- Cyber Security. Compound annual growth rate (CAGR): 12.3% ...
- Smart Agriculture. ...
- Biotechnology. ...
- Fintech-as-a-Service. ...
- Renewable Energy. ...
- Telemedicine. ...
- E-commerce Logistics.
What are the emerging countries in 2024?
Some of the most rapidly emerging countries include Brazil, Turkey, Russia, India, and China. Other emerging countries include the oil-rich countries of Bahrain, Saudi Arabia, Iran, Kuwait, the United Arab Emirates, Qatar, Oman, and Iraq.
The seven largest emerging market economies– China, Russia, India, Brazil, Turkey, Mexico, and Indonesia– constitute about 80 percent of total emerging market output.
MSCI is an acronym for Morgan Stanley Capital International. It is an investment research firm that provides stock indexes, portfolio risk and performance analytics, and governance tools to institutional investors and hedge funds.
Asia ex-Japan (AxJ) refers to the economic region of countries located in Asia, but not including Japan. These countries are generally considered emerging markets and are of interest to investors looking for high-growth investment opportunities. Meanwhile, Japan is often considered to be a developed economy.
Emerging markets are a unique investment opportunity because they offer equal parts of risk and reward. While there are huge gains awaiting investors that can identify the right emerging market investment at the right time, the risks involved are sometimes not well understood.
- China. China is the world's second-largest economy and an upper middle-income country as per the World Bank classification. ...
- India. ...
- Brazil. ...
- South Korea. ...
- Mexico. ...
- Indonesia. ...
- Saudi Arabia. ...
- Türkiye.
GDP PPP rankings | 2016 rankings | 2030 rankings |
---|---|---|
1 | China | 38008 |
2 | United States | 23475 |
3 | India | 19511 |
4 | Japan | 5606 |
The BRIC countries — Brazil, Russia, India and China — are examples of developing economies with explosive growth in the past decade. Some emerging markets such as South Korea have a large number of consumers and a wealthy economy.
Mexico An emerging economy of great contrasts. With the US to the north and the South American continent to the south, Mexico occupies an important geostrategic position. This emerging country is the 15th largest economy in the world and has an important role to play in meeting global and regional challenges.
The Group of Five (G5) once described the country grouping that includes the emerging economies of Brazil, China, India, Mexico, and South Africa. Four of the countries are also considered BRICS nations.
What are the three emerging markets?
Major emerging markets include Brazil, Russia, India and China (together known as the BRIC nations).
Consensus expectations call for a recovery in global earnings growth in 2024. Emerging market earnings growth is expected to accelerate to 18% in the year ahead, driven by South Korea and Taiwan. This represents a sharp recovery from the contraction in 2023.
Vanguard's active fixed income team believes emerging markets (EM) bonds could outperform much of the rest of the fixed income market in 2024 because of the likelihood of declining global interest rates, the current yield premium over U.S. investment-grade bonds, and a longer duration profile than U.S. high yield.
The correlation coefficient between emerging markets and the U.S. equity market has averaged about 0.66 since performance data started in 1988. As a result, adding emerging markets to a globally diversified portfolio (including both U.S. and non-U.S. stocks) has led to better risk-adjusted returns more often than not.
The Fortune Global 500 is an annual ranking of the top 500 corporations worldwide as measured by revenue. Chinese energy companies Sinopec , China National Petroleum and State Grid and Samsung Electronics are the top four emerging markets companies on the ranking at 5th, 6th, 7th and 20th place, respectively.
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