What are the top 10 emerging markets? (2024)

What are the top 10 emerging markets?

According to their analysis, depending on the criteria used, the term may not always be appropriate. The 10 Big Emerging Markets (BEM) economies are (alphabetically ordered): Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey.

The Five Major Emerging Markets. Brazil, Russia, India, China, and South Africa are the biggest emerging markets in the world.

The Next Eleven (or N-11) refers to the eleven countries namely Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, South Korea, Turkey, and Vietnam that were identified by Goldman Sachs investment bank as having a high potential of becoming the world's largest economies in the 21st century.

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.

Five countries that make up the “BRICS” acronym — Brazil, Russia, India, China and South Africa — are some of the most prominent examples of emerging markets, and they're good examples of why emerging markets are of interest to investors.

For example, India is projected to become the largest emerging market within the next decade, likely around the 2030s, overtaking China. This will be driven by population growth, robust economic growth, a demographic dividend, continued market reforms, technology and innovation, and infrastructure development.

Cambodia Tops the List. The 10 countries with the strongest FDI prospects for 2024 are spread across Asia, Africa, the Middle East, and Europe. Asia features six countries on the list, with Cambodia expected to carry the strongest investment momentum this year.

What are the 26 emerging markets?

The MSCI Emerging Markets Index includes companies that span across 26 developing countries. The countries include Argentina, Brazil, Colombia, Egypt, Chile, China, Czech Republic, Greece, India, Hungary, Korea, and Taiwan. In the past, the index originally consisted of 10 countries.

The ten largest emerging economies by nominal GDP are 4 of the 9 BRICS countries (Brazil, Russia, India, and China) along with Mexico, South Korea, Indonesia, Turkey, Saudi Arabia, and Poland.

4 As of September 30, 2023, Taiwan Semiconductor Manufacturing, Tencent Holdings, Samsung Electronics, and Alibaba Group Holdings were the largest companies in the MSCI Emerging Markets Index.

What country has the fastest growing economy in the world ? According to the IMF, Guyana is the world's fastest-growing economy in terms of real GDP since 2018, boasting an impressive five-year average economic growth rate of 27.14%, including an astounding 62.3% growth in 2023.

Out of the world's 62 major economies in Euromonitor International's Macro Model, five emerging Asian countries are expected to have the highest real GDP growth rates in 2024: India, the Philippines, Vietnam, Indonesia and China.

BRICS is an acronym for Brazil, Russia, India, China, and South Africa. The term was initially created as BRIC (without South Africa) by Goldman Sachs economist Jim O'Neill in 2001. He believed that by 2050 the four BRIC economies would come to dominate the global economy. South Africa was added to the list in 2010.

The best recession stocks include consumer staples, utilities and healthcare stocks. Consumers can't do without these companies, no matter how bad the economy gets.

What is the best sector to invest in in 2024?

The tech and communication services sectors have far outperformed the S&P 500 and its other sectors so far this year, bolstered by heavy investments in artificial intelligence firms and the data infrastructure providers needed to facilitate its resource-intensive development.

This year, excluding one-off rebounds from previous double-digit downturns (Macao or Maldives welcoming back tourists after Covid, for example), Guyana is set to maintain its status as the world's fastest-expanding economy for the fifth year in a row, with a GDP growth rate of almost 34%.