Compare markets

A sortable league table of emerging economies, for researching which markets may outperform.

All markets Emerging Frontier
All regions East AsiaSouth AsiaSoutheast AsiaCentral AsiaMiddle EastLatin AmericaAfricaEurope

Click any column heading to sort. Market cap / GDP is a rough gauge of how developed a country's listed market is.

Country Region GDPnominal, USD GDP growthreal, annual Inflationannual Populationpeople GDP per capitaUSD Market captotal listed, USD Market cap / GDP% of GDP
MAMorocco Africa $154.43B 3.2% 0.8% 36.8M $4,199 $116.00B 75.1%
NGNigeria Africa $362.00B 3.4% 24.0% 224.0M $1,223 $113.00B 31.2%
BWBotswana Africa $19.29B 2.8% 2.7% 2.4M $8,180 $77.00B 399.2%
BFBurkina Faso Africa $23.25B 4.4% 4.2% 23.3M $1,110 $36.30B 156.1%
MLMali Africa $23.21B 5.0% 3.2% 22.0M $936 $36.30B 156.4%
KEKenya Africa $124.50B 4.8% 4.3% 55.0M $2,263 $32.40B 26.0%
CICôte d'Ivoire Africa $87.11B 6.5% 3.5% 31.9M $2,728 $10.10B 11.6%
MUMauritius Africa $14.95B 4.7% 3.6% 1.3M $11,629 $9.12B 61.0%
TZTanzania Africa $87.44B 6.0% 3.3% 73.0M $1,300 $9.05B 10.3%
TNTunisia Africa $53.41B 1.4% 7.0% 12.2M $3,987 $8.30B 15.6%
GHGhana Africa $82.83B 5.8% 4.6% 34.4M $2,195 $7.58B 9.2%
SNSenegal Africa $32.27B 6.1% 2.0% 18.8M $1,712 $4.80B 14.9%
BJBenin Africa $21.50B 7.5% 1.2% 13.8M $1,563 $650.00M 3.0%
GWGuinea-Bissau Africa $2.12B 4.1% 3.8% 2.1M $1,130 $0 0.0%
NENiger Africa $19.73B 6.6% 7.8% 27.0M $693 — —
TGTogo Africa $9.77B 5.3% 2.0% 9.6M $1,051 — —

Covers the 62 emerging and frontier markets tracked on this site — not a global ranking. Macro figures are compiled per country from public sources — chiefly the IMF World Economic Outlook, World Bank World Development Indicators and national statistics agencies; each country page states its own data year and sources. Data year 2024–2025 · refreshed 2026-09-01 How we classify countries →

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