Emerging and frontier markets: the country list
24 emerging markets and 38 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
Emerging markets (24)
Larger, more liquid developing markets that international investors can generally reach through ordinary brokerage accounts.
Frontier markets (38)
Smaller and earlier-stage markets: higher potential growth, thinner trading, and often no dedicated single-country fund.
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 →