Frontier Markets: Introduction

Frontier market countries are a subset of emerging markets with less advanced capital markets and lower liquidity. Frontier markets are smaller, less developed economies than emerging markets. There are many opportunities in frontier markets, including demographic diversity, low correlation, ability to mitigate risk, and high potential growth. With these opportunities however come some risks, comprising political instability, volatile commodities, currency fluctuations, and a lack of regulations.

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

*Average calculated for countries where data is available
Frontier 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 %)4.62%3.16%1.29%
GNI growth (annual %)4.88%2.82%0.66%
Inflation, consumer prices (annual %)5.4%3.9%1.34%
Real interest rate (%)12.87%4.91%1.06%
Current account balance (% of GDP)-9.22%0.41%-0.11%
Imports of goods and services (annual % growth)5.44%0.92%3.71%
Exports of goods and services (annual % growth)8.39%1.99%4.07%
Unemployment, total (% of total labor force)7.38%9.5%7.21%
Note: Please hover over a country on the map to view country's key economic statistics.

Source: World Bank

Glossary