Population
(millions)
|
GDP
(billions)
|
Income
per Person
|
Share of
World
Population
|
Share of
World
GDP
| |
|---|---|---|---|---|---|
U.S.
|
312
|
$14,527
|
$46,900
|
5%
|
21%
|
Canada
|
34
|
$1,737
|
$50,436
|
0%
|
2%
|
Germany
|
82
|
$3,577
|
$43,742
|
1%
|
5%
|
Japan
|
128
|
$5,869
|
$45,920
|
2%
|
8%
|
S. Korea
|
49
|
$1,116
|
$22,778
|
1%
|
2%
|
Brazil
|
195
|
$2,493
|
$12,789
|
3%
|
4%
|
China
|
1,348
|
$7,298
|
$5,414
|
20%
|
10%
|
India
|
1,207
|
$1,676
|
$1,207
|
18%
|
2%
|
Source: IMF-WEO Database, April 2012, United Nations. 2011 GDP and income per person (GDP per capita), 2010 world population.
Which countries are considered emerging markets?
As of June 2012, MSCI (Morgan Stanley Capital International), the industry standard for measuring foreign market performance, listed these countries as emerging: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Hungary, India, Indonesia, Malaysia, Mexico, Morocco, Peru, the Philippines, Poland, Russia, South Africa, South Korea, Taiwan, Thailand, and Turkey.
A few countries are in transition: South Korea have been under review by MSCI for a couple of years for a potential move to developed status. Morocco is under review for a potential downgrade to frontier market status.
MSCI uses the guidelines below to categorize emerging vs. developed countries. To move up from emerging to developed status, countries need to meet these criteria:
- Economic development: The country must have income levels 25% above $12,276 (the World Bank high income threshold) for three consecutive years.
- Size and liquidity requirements: The local stock exchanges must have at least five companies with market capitalizations of roughly $1.8 billion each and the amount of trading volume must be significant.
- Market accessibility: The country must be open to foreign ownership, allow capital to flow freely, and have stable, efficient markets.
