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Emerging Markets Countries by Nominal GDP
listGDP 2025 USD bn
China19231.705
India4187.017
Brazil2125.958
Russia2076.396
Korea1790.322
MEXICO1692.640
INDONESIA1429.743
Saudi Arabia1083.749
POLAND979.960
UNITED ARAB EMIRATES548.598
THAILAND546.224
PHILIPPINES497.495
MALAYSIA444.984
COLOMBIA427.766
South Africa410.338
CZECH REPUBLIC360.244
EGYPT347.342
CHILE343.823
PERU303.293
GREECE267.348
HUNGARY237.070
QATAR222.776
GHANA88.332
BAHRAIN47.829
ZIMBABWE38.172
BOSNIA AND HERZEGOVINA28.807
TRINIDAD AND TOBAGO26.467
JAMAICA21.411
BOTSWANA19.400
MAURITIUS15.495
SRI LANKA

GDP Rankings PPP (current international dollar bn)

listPPP GDP 2025 (current int. dollar bn)
China40716.448
India17647.050
Russia7191.718
INDONESIA5009.483
Brazil4958.122
MEXICO3395.916
Korea3365.052
EGYPT2371.530
Saudi Arabia2229.611
POLAND2017.513
THAILAND1851.258
PHILIPPINES1479.381
MALAYSIA1471.655
COLOMBIA1190.795
South Africa1025.615
UNITED ARAB EMIRATES905.227
CHILE710.195
CZECH REPUBLIC647.322
PERU643.052
GREECE467.590
HUNGARY464.419
QATAR378.083
GHANA295.118
BAHRAIN112.366
ZIMBABWE93.871
BOSNIA AND HERZEGOVINA78.655
BOTSWANA52.961
TRINIDAD AND TOBAGO51.682
MAURITIUS41.352
JAMAICA34.676
SRI LANKA

GDP Rankings (PPP) share of world total Percent

listPPP GDP 2025 Share in World Total Pct
China19.681
India8.530
Russia3.476
INDONESIA2.421
Brazil2.397
MEXICO1.642
Korea1.627
EGYPT1.146
Saudi Arabia1.078
POLAND0.975
THAILAND0.895
PHILIPPINES0.715
MALAYSIA0.711
COLOMBIA0.576
South Africa0.496
UNITED ARAB EMIRATES0.438
CHILE0.343
CZECH REPUBLIC0.313
PERU0.311
GREECE0.226
HUNGARY0.224
QATAR0.183
GHANA0.143
BAHRAIN0.054
ZIMBABWE0.045
BOSNIA AND HERZEGOVINA0.038
BOTSWANA0.026
TRINIDAD AND TOBAGO0.025
MAURITIUS0.020
JAMAICA0.017
SRI LANKA

GDP Rankings per capita nominal USD

listGDP Per Capita USD
QATAR71652.890
UNITED ARAB EMIRATES49498.384
Korea34641.743
CZECH REPUBLIC33039.214
Saudi Arabia30098.871
BAHRAIN28857.116
POLAND26805.130
GREECE25756.247
HUNGARY24808.806
TRINIDAD AND TOBAGO18444.864
CHILE17015.080
Russia14257.845
China13687.267
MALAYSIA13144.983
MEXICO12691.551
MAURITIUS12332.319
Brazil9964.100
PERU8814.375
BOSNIA AND HERZEGOVINA8361.712
COLOMBIA8054.240
JAMAICA7777.811
THAILAND7766.698
BOTSWANA7020.672
South Africa6396.921
INDONESIA5026.539
PHILIPPINES4349.735
EGYPT3173.523
India2878.453
GHANA2519.144
ZIMBABWE2198.842
SRI LANKA

GDP Rankings Average per capita PPP

listGDP Per Capita PPP (current int. dollar)
QATAR104214.192
UNITED ARAB EMIRATES69995.344
BAHRAIN58099.182
Korea55800.150
Saudi Arabia53067.144
CZECH REPUBLIC50877.810
POLAND47293.410
Russia42320.559
HUNGARY41649.878
GREECE38605.215
MALAYSIA37256.000
TRINIDAD AND TOBAGO30866.600
CHILE30119.761
MAURITIUS28204.190
China24833.838
THAILAND22558.383
MEXICO21821.377
Brazil19914.779
BOSNIA AND HERZEGOVINA19565.691
COLOMBIA19214.565
EGYPT18568.959
BOTSWANA16424.820
PERU16015.841
INDONESIA15093.123
South Africa13702.144
PHILIPPINES11084.835
JAMAICA10795.205
India10396.844
GHANA7212.844
ZIMBABWE4634.045
SRI LANKA

Population Rankings

listCombined Population mln
India1454.607
China1405.080
INDONESIA284.439
Brazil213.362
Russia145.632
MEXICO133.367
PHILIPPINES114.374
EGYPT109.450
THAILAND70.329
South Africa64.146
COLOMBIA53.111
Korea51.681
POLAND36.559
Saudi Arabia36.006
GHANA35.064
PERU34.409
MALAYSIA33.852
CHILE20.207
ZIMBABWE17.360
UNITED ARAB EMIRATES11.083
CZECH REPUBLIC10.904
GREECE10.380
HUNGARY9.556
BOSNIA AND HERZEGOVINA3.445
QATAR3.109
BOTSWANA2.763
JAMAICA2.753
BAHRAIN1.657
TRINIDAD AND TOBAGO1.435
MAURITIUS1.256
SRI LANKA

Debt vs. GDP Rankings (Avg)

listGeneral government gross debt Percent of GDP
GREECE142.169
BAHRAIN141.423
China96.306
Brazil92.041
EGYPT86.589
MAURITIUS83.398
India80.391
South Africa79.551
HUNGARY73.508
MALAYSIA70.082
TRINIDAD AND TOBAGO67.773
GHANA66.437
JAMAICA64.601
THAILAND64.513
POLAND60.731
MEXICO60.664
COLOMBIA59.724
ZIMBABWE58.568
PHILIPPINES58.142
Korea54.453
CZECH REPUBLIC44.219
CHILE42.984
BOTSWANA42.953
INDONESIA40.990
QATAR40.496
Saudi Arabia34.849
BOSNIA AND HERZEGOVINA33.794
PERU33.695
UNITED ARAB EMIRATES32.817
Russia21.383
SRI LANKA

Emerging Markets

  • Emerging markets in early 2026 face mixed growth prospects. Stronger commodity prices and China's rebound support export-driven economies, while tighter US monetary policy and geopolitical tensions weigh on capital flows and investor sentiment. Key risks include global growth slowdown and currency volatility amid evolving Fed rate paths. Inflation remains a challenge in select EMs, influencing central bank cautiousness. Outlook depends on external demand and policy balance between growth support and inflation control.
  • IMF World Economic Outlook, April 2026
  • World Bank EM Growth Prospects, May 2026
  • Fed Minutes March 2026: Impact on EM Currencies
  • MSCI EM Index Performance Review Q1 2026
  • Bloomberg: Commodity Rally Supports EM Exporters, May 2026
  • The most recent Emerging Markets Meeting, held in March 2026 under the aegis of the IMF and World Bank Spring Meetings, focused on mitigating fallout from ongoing geopolitical tensions and inflationary pressures. Key developments included enhanced debt restructuring mechanisms and conditional financing tools designed to bolster fiscal resilience. The main driver remains tightening global monetary conditions compounded by supply chain constraints. Downside risks include potential capital outflows triggered by US rate uncertainty and uneven vaccine rollouts in key EM countries.
  • IMF Spring Meetings 2026: Communiqué on Emerging Markets
  • World Bank Report Highlights EM Debt Risks, March 2026
  • Emerging Markets Face Funding Strains Amid Fed Policy Uncertainty
  • Bloomberg: EM Sovereign Debt Restructuring Advances Post-2026 IMF Meetings
  • OEDC Outlook on Emerging Markets: Inflation and Growth Risks, April 2026
  • Emerging markets negotiations in Q1–Q2 2026 have focused on debt restructuring and trade agreements amid tightening global financial conditions. IMF and World Bank-led talks aim to ease debt burdens for key EM sovereigns, particularly in Latin America and Sub-Saharan Africa, driven by slower global growth and rising borrowing costs. However, uncertainties remain around creditor consensus and geopolitical tensions, which could delay deals and exacerbate financing challenges in vulnerable economies.
  • IMF Approves New Debt Relief Initiative for Emerging Markets
  • World Bank Updates on Emerging Markets Debt Restructuring Efforts
  • Emerging Markets Trade Pact Advances Amid Negotiations on Tariffs
  • Moody’s Highlights Risks in EM Sovereign Restructuring Talks
  • BIS Report on Global Credit Conditions and Emerging Market Negotiations
  • As of early May 2026, emerging markets show mixed recovery trends, driven by easing global inflation and stabilizing commodity prices, particularly benefiting commodity exporters like Brazil and South Africa. However, monetary tightening cycles remain uneven, with some central banks maintaining high rates to combat persistent inflation. External risks include potential US interest rate volatility and geopolitical tensions impacting capital flows and trade. Emerging markets with structural reforms and diversified economies continue to outperform peers more reliant on commodity cycles or vulnerable to currency volatility.
  • IMF Regional Economic Outlook: Emerging Markets, April 2026
    • INDONESIA
    		MALAYSIA
    		PHILIPPINES
    		TAIWAN
    THAILAND
    		CHILE
    		COLOMBIA
    		MEXICO
    PERU
    		CZECH REPUBLIC
    		GREECE
    		HUNGARY
    POLAND
    		EGYPT
    		QATAR
    		UNITED ARAB EMIRATES
    Saudi Arabia
    		MAURITIUS
    		SRI LANKA
    		BAHRAIN
    BOSNIA AND HERZEGOVINA
    		BOTSWANA
    		GHANA
    		JAMAICA
    TRINIDAD AND TOBAGO
    		ZIMBABWE
    		Russia
    		China
    South Africa
    		Korea
    		India
    		Turkey
    Brazil

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    GDP Rankings per capita nominal USD

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    GDP Rankings Average per capita PPP

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    GDP Growth Rankings %

    list2025 GDP Growth
    India6.198
    ZIMBABWE6.022
    PHILIPPINES5.476
    INDONESIA4.653
    MALAYSIA4.100
    GHANA4.026
    UNITED ARAB EMIRATES3.991
    China3.954
    EGYPT3.757
    POLAND3.237
    MAURITIUS3.000
    Saudi Arabia2.989
    PERU2.840
    BOSNIA AND HERZEGOVINA2.800
    BAHRAIN2.753
    COLOMBIA2.415
    QATAR2.410
    TRINIDAD AND TOBAGO2.367
    JAMAICA2.100
    CHILE2.032
    GREECE2.030
    Brazil2.010
    THAILAND1.800
    CZECH REPUBLIC1.620
    Russia1.456
    HUNGARY1.403
    Korea1.027
    South Africa0.979
    SRI LANKA
    MEXICO-0.260
    BOTSWANA-0.364

    Investment to GDP

    listInvestment levels to GDP
    China40.470
    BOTSWANA37.318
    India33.363
    Saudi Arabia31.699
    Korea31.546
    INDONESIA31.181
    BAHRAIN29.792
    Russia28.626
    UNITED ARAB EMIRATES28.115
    BOSNIA AND HERZEGOVINA26.258
    CZECH REPUBLIC25.368
    JAMAICA24.526
    MEXICO24.525
    HUNGARY23.347
    CHILE23.339
    PHILIPPINES22.638
    MALAYSIA21.882
    MAURITIUS20.350
    GREECE19.256
    COLOMBIA18.593
    THAILAND17.955
    POLAND17.950
    PERU17.916
    Brazil16.763
    South Africa13.358
    EGYPT11.523
    GHANA10.946
    QATAR
    SRI LANKA
    TRINIDAD AND TOBAGO
    ZIMBABWE

    Budget Balance/GDP

    listBudget Balance/GDP
    BAHRAIN
    GHANA
    JAMAICA
    QATAR
    Saudi Arabia
    SRI LANKA
    TRINIDAD AND TOBAGO
    UNITED ARAB EMIRATES
    ZIMBABWE
    Korea-0.116
    GREECE-1.087
    THAILAND-1.185
    Russia-1.556
    MAURITIUS-1.907
    CZECH REPUBLIC-2.124
    BOSNIA AND HERZEGOVINA-2.210
    CHILE-2.332
    INDONESIA-2.499
    PERU-2.929
    MALAYSIA-3.459
    HUNGARY-3.642
    PHILIPPINES-3.758
    BOTSWANA-3.906
    MEXICO-4.013
    COLOMBIA-4.433
    POLAND-6.028
    South Africa-6.295
    India-6.811
    China-8.136
    Brazil-8.857
    EGYPT-12.129

    Average Current Account Balance/GDP

    listCurrent Account Balance/GDP
    QATAR10.802
    TRINIDAD AND TOBAGO8.001
    UNITED ARAB EMIRATES6.610
    Korea3.500
    BAHRAIN3.317
    ZIMBABWE2.994
    China1.886
    Russia1.855
    PERU1.693
    GHANA1.644
    MALAYSIA1.643
    THAILAND1.179
    HUNGARY1.036
    JAMAICA0.872
    SRI LANKA
    CZECH REPUBLIC-0.075
    POLAND-0.293
    MEXICO-0.492
    India-0.946
    South Africa-1.232
    INDONESIA-1.485
    CHILE-2.062
    COLOMBIA-2.256
    Brazil-2.288
    PHILIPPINES-3.424
    BOSNIA AND HERZEGOVINA-3.808
    Saudi Arabia-4.015
    MAURITIUS-4.848
    EGYPT-5.810
    GREECE-6.538
    BOTSWANA-7.895