Frontier markets: the country list

0 emerging markets and 3 frontier markets, each with its economy, largest listed companies, the US-traded ETFs that reach it, and how to invest directly.

Emerging markets here follow MSCI's classification. The frontier group is deliberately broader than the MSCI Frontier Markets Index: it also covers early-stage markets that MSCI treats as standalone or does not classify. How we classify countries → · Data refreshed 2026-09-01

Oman

Middle East · Frontier · GV

Oman is a high-income, oil-dependent economy on the southeastern tip of the Arabian Peninsula, with hydrocarbons accounting for...

Market cap
$32.00B GDP growth
1.0% Population
5.3M

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Jordan

Middle East · Frontier · GV

Jordan is an upper-middle-income economy in the Southern Levant with a nominal GDP of approximately $53.4 billion as of 2024. The...

Market cap
$25.00B GDP growth
2.5% Population
10.8M

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Bahrain

Middle East · Frontier · GV

Bahrain is a small island nation in the Persian Gulf with a high-income, diversified economy anchored by financial services,...

Market cap
$20.41B GDP growth
2.6% Population
1.6M

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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. How we classify countries →