List of Emerging Markets & Classifications
What Are Emerging Markets?
Emerging Markets tend to be rapidly growing economies that lack some of the characteristics Developed Markets possess. Typically, Emerging Markets display higher economic growth and growth potential, but this is usually coupled with higher volatility and lower GDP per capita than more established economics. As such, Emerging Markets are usually classified between Developed Markets and Frontier Markets.
Emerging Market Classifications
The three main index providers – MSCI, FTSE and S&P – all produce country classifications for a a range of countries and are usually placed in the following “buckets”: Developed Markets, Emerging Markets (although S&P break this down further into “Advanced” and “Secondary”) and Frontier Markets. Below is a table of all of the Emerging Markets that are covered and how they are currently classified by each of the compilers:
Country |
|||
Brazil |
Emerging |
Advanced Emerging |
Emerging |
Chile |
Emerging |
Secondary Emerging |
Emerging |
China |
Emerging |
Secondary Emerging |
Emerging |
Colombia |
Emerging |
Secondary Emerging |
Emerging |
Czech Republic |
Emerging |
Advanced Emerging |
Emerging |
Egypt |
Emerging |
Secondary Emerging |
Emerging |
Greece |
Emerging |
Advanced Emerging |
Emerging |
Hungary |
Emerging |
Advanced Emerging |
Emerging |
Iceland |
Frontier |
Secondary Emerging |
Frontier |
India |
Emerging |
Secondary Emerging |
Emerging |
Indonesia |
Emerging |
Secondary Emerging |
Emerging |
Kuwait |
Emerging |
Secondary Emerging |
Emerging |
Malaysia |
Emerging |
Advanced Emerging |
Emerging |
Mexico |
Emerging |
Advanced Emerging |
Emerging |
Pakistan |
Frontier |
Secondary Emerging |
Frontier |
Peru |
Emerging |
Frontier |
Emerging |
Philippines |
Emerging |
Secondary Emerging |
Emerging |
Poland |
Emerging |
Developed |
Emerging |
Qatar |
Emerging |
Secondary Emerging |
Emerging |
Romania |
Frontier |
Secondary Emerging |
Frontier |
Saudi Arabia |
Emerging |
Secondary Emerging |
Emerging |
South Africa |
Emerging |
Advanced Emerging |
Emerging |
South Korea |
Emerging |
Developed |
Developed |
Taiwan |
Emerging |
Advanced Emerging |
Emerging |
Thailand |
Emerging |
Advanced Emerging |
Emerging |
Turkey |
Emerging |
Advanced Emerging |
Emerging |
United Arab Emirates |
Emerging |
Secondary Emerging |
Emerging |