Emerging Markets: Introduction

Emerging markets are countries that have some characteristics of a developed market but are not yet a fully developed market. A key difference between emerging markets and emerging economies is that emerging markets are not fully described by, or constrained to, geography or economic strength whereas emerging economies are constrained by political and geographic boundaries. These countries are experiencing rapid growth and industrialization and are attractive due to higher risk and return premium over already developed countries.

Indicator Least
Developed
Countries
Average Source: United Nations World Economic Situation and Prospects (WESP) classification.

*Average calculated for countries where data is available
Emerging Markets
Average
Major
Developed
Countries
Average Source: United Nations World Economic Situation and Prospects (WESP) classification.

*Average calculated for countries where data is available
GDP growth (annual %)2.94%2.91%1.42%
GNI growth (annual %)5.35%2.69%1.51%
Inflation, consumer prices (annual %)6.49%3.28%0.34%
Real interest rate (%)12.88%7.19%2.98%
Current account balance (% of GDP)-11.33%0.2%0.37%
Imports of goods and services (annual % growth)2.82%-0.6%4.32%
Exports of goods and services (annual % growth)-2.17%2.85%4.04%
Unemployment, total (% of total labor force) (modeled ILO estimate)7.38%7.87%7.21%
Note: Please hover over a country on the map to view country's key economic statistics.

Source: World Bank

Glossary