Compare markets
A sortable league table of emerging economies, for researching which markets may outperform.
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 |
|---|---|---|---|---|---|---|---|---|
 China |
East Asia | $18.80T | 5.0% | 0.2% | 1.41B | $13,306 | $11.00T | 58.5% |
 India |
South Asia | $3.91T | 6.5% | 2.8% | 1.48B | $2,698 | $4.90T | 125.0% |
 Saudi Arabia |
Middle East | $1.11T | 1.3% | 1.6% | 33.7M | $35,230 | $2.72T | 245.0% |
 Taiwan |
East Asia | $801.50B | 5.3% | 2.0% | 23.3M | $34,059 | $2.50T | 312.0% |
 South Korea |
East Asia | $1.92T | 2.0% | 2.3% | 51.5M | $36,239 | $2.40T | 125.2% |
 South Africa |
Africa | $400.26B | 1.1% | 3.2% | 62.6M | $6,388 | $1.48T | 369.8% |
 United Arab Emirates |
Middle East | $552.32B | 4.0% | 2.3% | 10.0M | $53,700 | $1.06T | 192.0% |
 Brazil |
Latin America | $2.18T | 3.4% | 5.7% | 213.0M | $10,214 | $870.73B | 39.9% |
 Poland |
Europe | $914.70B | 2.9% | 3.6% | 36.8M | $25,104 | $701.56B | 76.7% |
 Indonesia |
Southeast Asia | $1.47T | 5.0% | 2.2% | 287.9M | $5,362 | $700.00B | 72.0% |
 Mexico |
Latin America | $1.85T | 1.5% | 4.7% | 131.9M | $13,741 | $530.00B | 28.6% |
 Thailand |
Southeast Asia | $543.60B | 2.5% | 0.4% | 71.7M | $7,583 | $519.67B | 89.0% |
 Malaysia |
Southeast Asia | $421.97B | 5.1% | 1.8% | 33.4M | $12,613 | $470.00B | 111.4% |
 Türkiye (Turkey) |
Europe / Middle East | $1.32T | 3.2% | 30.9% | 85.4M | $15,148 | $465.60B | 30.1% |
 Chile |
Latin America | $330.27B | 2.4% | 4.3% | 20.2M | $16,437 | $262.01B | 79.3% |
 Colombia |
Latin America | $418.54B | 1.7% | 5.2% | 52.2M | $8,000 | $236.00B | 56.4% |
 Philippines |
Southeast Asia | $437.00B | 5.6% | 3.2% | 117.0M | $3,900 | $232.38B | 53.2% |
 Vietnam |
Southeast Asia | $476.30B | 7.1% | 3.6% | 98.5M | $4,700 | $200.00B | 42.0% |
 Qatar |
Middle East | $216.29B | 1.5% | 1.3% | 3.4M | $70,815 | $166.30B | 76.9% |
 Romania |
Europe | $382.77B | 0.8% | 5.5% | 19.0M | $20,089 | $141.00B | 36.8% |
 Morocco |
Africa | $154.43B | 3.2% | 0.8% | 36.8M | $4,199 | $116.00B | 75.1% |
 Argentina |
Latin America | $633.27B | 4.4% | 117.8% | 46.0M | $13,422 | $113.00B | 18.0% |
 Nigeria |
Africa | $362.00B | 3.4% | 24.0% | 224.0M | $1,223 | $113.00B | 31.2% |
 Greece |
Europe | $256.24B | 2.3% | 2.7% | 10.4M | $24,700 | $109.62B | 42.8% |
 Portugal |
Europe | $308.68B | 2.2% | 2.4% | 10.7M | $28,844 | $101.90B | 33.0% |
 Kuwait |
Middle East | $160.23B | -2.7% | 3.0% | 4.9M | $32,289 | $101.00B | 63.0% |
 Peru |
Latin America | $289.22B | 3.4% | 1.9% | 34.0M | $8,653 | $95.00B | 32.9% |
 Botswana |
Africa | $19.29B | 2.8% | 2.7% | 2.4M | $8,180 | $77.00B | 399.2% |
 Egypt |
Africa / Middle East | $348.00B | 4.5% | 14.9% | 116.5M | $3,379 | $67.30B | 19.3% |
 Hungary |
Europe | $222.90B | 2.2% | 4.4% | 9.6M | $23,292 | $66.00B | 29.6% |
 Czech Republic |
Europe | $345.04B | 1.1% | 2.4% | 10.9M | $31,660 | $65.80B | 19.1% |
 Pakistan |
South Asia | $373.07B | 3.1% | 12.6% | 247.5M | $1,644 | $64.83B | 17.4% |
 Bangladesh |
South Asia | $450.12B | 4.2% | 9.0% | 173.6M | $2,623 | $54.00B | 12.0% |
 Croatia |
Europe | $92.53B | 3.9% | 2.5% | 3.9M | $23,931 | $52.81B | 57.1% |
 Kazakhstan |
Central Asia | $291.48B | 5.0% | 8.6% | 20.1M | $14,005 | $38.00B | 13.0% |
 Burkina Faso |
Africa | $23.25B | 4.4% | 4.2% | 23.3M | $1,110 | $36.30B | 156.1% |
 Mali |
Africa | $23.21B | 5.0% | 3.2% | 22.0M | $936 | $36.30B | 156.4% |
 Cyprus |
Europe | $36.33B | 3.8% | 1.8% | 1.2M | $39,247 | $35.20B | 96.9% |
 Kenya |
Africa | $124.50B | 4.8% | 4.3% | 55.0M | $2,263 | $32.40B | 26.0% |
 Oman |
Middle East | $106.94B | 1.0% | 1.3% | 5.3M | $20,248 | $32.00B | 29.9% |
 Sri Lanka |
South Asia | $98.96B | 5.0% | 1.2% | 21.8M | $4,516 | $25.23B | 25.5% |
 Jordan |
Middle East | $53.35B | 2.5% | 1.5% | 10.8M | $4,693 | $25.00B | 46.8% |
 Bahrain |
Middle East | $47.11B | 2.6% | 0.3% | 1.6M | $29,057 | $20.41B | 43.3% |
 Slovenia |
Europe | $72.97B | 1.5% | 2.7% | 2.1M | $34,089 | $18.15B | 24.9% |
 Iceland |
Europe | $33.19B | 1.7% | 4.3% | 394K | $86,041 | $10.20B | 30.7% |
 Côte d'Ivoire |
Africa | $87.11B | 6.5% | 3.5% | 31.9M | $2,728 | $10.10B | 11.6% |
 Mauritius |
Africa | $14.95B | 4.7% | 3.6% | 1.3M | $11,629 | $9.12B | 61.0% |
 Tanzania |
Africa | $87.44B | 6.0% | 3.3% | 73.0M | $1,300 | $9.05B | 10.3% |
 Bulgaria |
Europe | $112.21B | 2.4% | 3.5% | 6.5M | $17,596 | $8.90B | 7.9% |
 Tunisia |
Africa | $53.41B | 1.4% | 7.0% | 12.2M | $3,987 | $8.30B | 15.6% |
 Ghana |
Africa | $82.83B | 5.8% | 4.6% | 34.4M | $2,195 | $7.58B | 9.2% |
 Lithuania |
Europe | $84.80B | 2.4% | 3.4% | 2.9M | $29,386 | $6.50B | 7.7% |
 Serbia |
Europe | $89.08B | 3.9% | 4.7% | 6.7M | $12,276 | $5.80B | 6.5% |
 Senegal |
Africa | $32.27B | 6.1% | 2.0% | 18.8M | $1,712 | $4.80B | 14.9% |
 Slovakia |
Europe | $141.78B | 1.7% | 3.6% | 5.4M | $26,148 | $3.40B | 2.4% |
 Estonia |
Europe | $43.13B | 0.6% | 3.5% | 1.4M | $31,312 | $3.20B | 7.4% |
 Malta |
Europe | $24.32B | 4.0% | 2.4% | 549K | $41,738 | $3.20B | 13.1% |
 Latvia |
Europe | $43.52B | -0.4% | 1.3% | 1.9M | $24,223 | $1.60B | 3.7% |
 Benin |
Africa | $21.50B | 7.5% | 1.2% | 13.8M | $1,563 | $650.00M | 3.0% |
 Guinea-Bissau |
Africa | $2.12B | 4.1% | 3.8% | 2.1M | $1,130 | $0 | 0.0% |
 Niger |
Africa | $19.73B | 6.6% | 7.8% | 27.0M | $693 | — | — |
 Togo |
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 →