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Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. The economies of China and India are considered to be the largest.[1] According to The Economist many people find the term outdated, but no new term has yet to gain much traction.[2] Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion.[3] The seven largest emerging and developing economies by either nominal GDP or GDP (PPP) are China, Brazil, Russia, India, Mexico, Indonesia, and Turkey.
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(only countries whose 2011 results were determined as of February 2012)
|Rank |Country | |
|1 |[pic] Qatar |18.7 |
|2 |[pic] Ghana |13.5 |
|3 |[pic] Turkmenistan |9.9 |
|4 |[pic] Iraq |9.6 |
|5 |[pic] China |9.5 |
|6 |[pic] Papua New Guinea |9 |
|7 |[pic] Argentina |8.8 |
|8 |[pic] Mongolia |8.5 |
|9 |[pic] Turkey |8.5 |
|10 |[pic] Sri Lanka |8.3 |
|11 |[pic] Laos |8.3 |
|11 |[pic] Eritrea |8.2 |
|12 |[pic] Bhutan |8.1 |
|13 |[pic] India |7.8 |
|14 |[pic] Ethiopia |7.5 |
|15 |[pic] Panama |7.4 |
|16 |[pic] Timor-Leste |7.3 |
|17 |[pic] Mozambique |7.2 |
|18 |[pic] Afghanistan |7.1 |
|19 |[pic] Equatorial

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