Frontier market countries are a subset of emerging markets with less developed capital markets and lower liquidity. Frontier markets are smaller, less developed economies than emerging markets. Frontier markets have many opportunities, including demographic diversity, low correlation, the ability to mitigate risk, and high potential growth. However, with these opportunities, some risks arise, like 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 %)2.58%5.02%5.11%
GNI growth (annual %)2.07%5.11%4.87%
Inflation, consumer prices (annual %)22.81%5.09%2.43%
Real interest rate (%)6.24%0.27%0.34%
Current account balance (% of GDP)-2.25%-0.84%0.88%
Imports of goods and services (annual % growth)12.12%16.58%8.55%
Exports of goods and services (annual % growth)5.51%13.58%6.52%
Unemployment, total (% of total labor force) (modeled ILO estimate)7.57%8.04%5.96%
Note: Please hover over a country on the map to view country's key economic statistics.

Source: World Bank