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Frontier Markets Countries by Nominal GDP
listGDP 2025 USD bn
Saudi Arabia1083.749
Argentina683.533
Vietnam490.970
Bangladesh467.218
Romania403.395
Kazakhstan300.538
Ukraine205.742
Nigeria188.271
Morocco165.835
Kuwait153.101
Kenya131.673
Bulgaria117.007
Oman104.351
Croatia98.951
Serbia92.549
Lithuania89.192
Slovenia75.224
Tunisia56.291
Jordan56.102
Estonia45.004
Mongolia25.804
Lebanon
Pakistan

GDP Rankings PPP (current international dollar bn)

listPPP GDP 2025 (current int. dollar bn)
Saudi Arabia2229.611
Vietnam1786.203
Bangladesh1783.420
Pakistan1671.868
Nigeria1584.958
Argentina1493.423
Romania926.759
Kazakhstan904.496
Ukraine690.059
Morocco424.871
Kenya401.968
Bulgaria264.699
Kuwait260.503
Oman231.160
Serbia216.221
Croatia198.268
Tunisia183.725
Lithuania165.442
Jordan131.677
Slovenia123.453
Mongolia73.279
Estonia68.235
Lebanon

GDP Rankings (PPP) share of world total Percent

listPPP GDP 2025 Share in World Total Pct
Saudi Arabia1.078
Vietnam0.863
Bangladesh0.862
Pakistan0.808
Nigeria0.766
Argentina0.722
Romania0.448
Kazakhstan0.437
Ukraine0.334
Morocco0.205
Kenya0.194
Bulgaria0.128
Kuwait0.126
Oman0.112
Serbia0.105
Croatia0.096
Tunisia0.089
Lithuania0.080
Jordan0.064
Slovenia0.060
Mongolia0.035
Estonia0.033
Lebanon

GDP Rankings per capita nominal USD

listGDP Per Capita USD
Slovenia35332.110
Estonia32760.310
Lithuania30835.023
Saudi Arabia30098.871
Kuwait29950.731
Croatia25673.571
Romania21421.047
Oman18966.341
Bulgaria18521.929
Kazakhstan14768.019
Argentina14362.247
Serbia14173.812
Mongolia7200.555
Ukraine6260.831
Jordan4903.104
Vietnam4805.842
Tunisia4528.048
Morocco4397.417
Bangladesh2689.241
Kenya2467.923
Nigeria806.841
Lebanon
Pakistan

GDP Rankings Average per capita PPP

listGDP Per Capita PPP (current int. dollar)
Saudi Arabia53067.144
Slovenia49692.371
Lithuania49016.025
Croatia44085.118
Kuwait43673.387
Estonia42567.539
Romania42174.733
Kazakhstan38089.424
Oman36005.948
Bulgaria35908.807
Serbia28378.359
Argentina26891.861
Ukraine17995.756
Mongolia17524.069
Vietnam14983.748
Tunisia12665.323
Jordan9862.335
Morocco9655.004
Bangladesh8797.093
Kenya6456.554
Pakistan5956.541
Nigeria5821.004
Lebanon

Population Rankings

listCombined Population mln
Pakistan240.537
Nigeria233.343
Bangladesh173.736
Vietnam102.161
Kenya53.354
Argentina47.592
Morocco37.712
Saudi Arabia36.006
Ukraine32.862
Kazakhstan20.351
Romania18.832
Tunisia12.432
Jordan11.442
Serbia6.530
Bulgaria6.317
Oman5.502
Kuwait5.112
Croatia3.854
Mongolia3.584
Lithuania2.893
Slovenia2.129
Estonia1.374
Lebanon

Debt vs. GDP Rankings (Avg)

listGeneral government gross debt Percent of GDP
Ukraine110.001
Jordan92.551
Tunisia82.872
Pakistan73.643
Argentina73.091
Morocco68.938
Kenya68.344
Slovenia67.987
Romania61.640
Croatia55.902
Nigeria52.522
Serbia44.388
Mongolia42.573
Lithuania41.837
Bangladesh40.258
Oman35.446
Saudi Arabia34.849
Vietnam33.566
Bulgaria28.040
Estonia25.405
Kazakhstan25.371
Kuwait7.354
Lebanon

Frontier Markets

  • Reuters — Frontier markets fail to live up to economic potential, says World Bank — Frontier market economies have failed to ​live up to their potential in recent decades, suffering from a sharp slowdown in investment....2 weeks ago
  • World Bank — Frontier Market Economies: Promise, Performance, and Prospects — Frontier Market Economies: Promise, Performance, and Prospects ... Frontier markets—a subset of emerging market and developing economies characterized by....2 weeks ago
  • Center for Global Development — Frontier Markets: Prospects and Opportunities — Frontier markets (economies not yet classified by investors as emerging markets but more developed than Least Developed Countries) have shown signs of....3 weeks ago
  • Street — Insider — Microentrepreneurs in Rural India Grow With Ovante — Story by Tannaz Daruwalla and Eknoor Kaur. NORTHAMPTON, MA / ACCESS Newswire / February 2, 2026 / Savitri's busy cosmetics and grocery store....
  • Bloomberg — Why Indonesia’s Emerging Market Status Is Under Threat — The labels used by global investors to categorize countries can shape how trillions of dollars move across markets and how easily....
  • Reuters — Frontier markets fail to live up to economic potential, says World Bank — Frontier market economies have failed to ​live up to their potential in recent decades, suffering from a sharp slowdown in investment....2 weeks ago
  • The World Economic Forum — A Coming Jobs Challenge in Emerging Markets?Emerging markets face shifting labor dynamics this session at the World Economic Forum Annual Meeting 2026 explores the potential for a jobs....2 weeks ago
  • Stone — XInvesting opportunities in emerging and frontier markets — The Stone — X Emerging Markets team provides liquidity, trade execution, product knowledge, and investment analysis with regional client coverage across multiple....Mar 28, 2025
  • Reuters — Frontier debt risks ‘going dark’ amid high costs and creative deals — The need for emerging economies to be more transparent about their debt is one issue uniting wealthy countries and multilateral lenders in a....Oct 13, 2025
  • Pensions & Investments — SBCERA terminates PGIM Fixed Income from emerging markets debt portfolio — San Bernardino County (Calif.) Employees' Retirement Association has terminated its investment in PGIM Fixed Income's Emerging Markets Debt....Aug 29, 2025
  • Businessamlive — How fare negotiation is reshaping ride-hailing economics in emerging markets — New research by Oxford Economics is challenging long-held assumptions about how ride-hailing prices should be set, particularly in emerging....
  • Zag Daily — In-app price bargaining leads to more ride-hailing trips, study finds — Is in-app bargaining the next evolution of ride-hailing? Zag attends the launch of new Oxford Economics and in — Drive research which finds....3 weeks ago
  • Morningstar Canada — How Emerging Markets Fund Managers Are Reacting to the US Tariff Turmoil — Some managers are reducing exposure to high-growth stocks, others have upped weightings to Latin America..Apr 9, 2025
  • Reuters — China's Vice Premier He Lifeng to hold US trade talks in Sweden — China's Vice Premier He Lifeng will visit Sweden from July 27-30 for a new round of economic and trade talks with U.S. officials,....Jul 23, 2025
  • Bloomberg.com — Emerging Assets Slip on Renewed Trade Tensions, Local Politics — Emerging-market currencies and stocks slipped Friday, halting the week's rally as trade tensions between some of the world's largest....Aug 8, 2025
  • World Bank — Frontier Market Economies: Promise, Performance, and Prospects — Report | Executive summary | Charts and data | Press release. Frontier markets—a subset of emerging market and developing economies characterized by....2 weeks ago
  • Mongolia
    Lebanon
    Bangladesh
    Sri Lanca
    Croatia
    Bahrein
    Mauritus
    Jordan
    Tunisia
    Estonia
    Serbia
    Ukraine
    Bulgaria
    Lithuania
    Kuwait
    Nigeria
    Argentina
    Pakistan
    Morocco
    Kenya
    Oman
    Kazakhstan
    Vietnam
    Slovenia
    Romania
    Saudi Arabia

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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
    Mongolia6.043
    Argentina5.502
    Vietnam5.152
    Kazakhstan4.881
    Kenya4.810
    Morocco3.905
    Bangladesh3.760
    Serbia3.463
    Croatia3.130
    Nigeria3.039
    Saudi Arabia2.989
    Lithuania2.787
    Pakistan2.649
    Jordan2.600
    Bulgaria2.458
    Oman2.330
    Ukraine2.000
    Kuwait1.866
    Slovenia1.800
    Romania1.597
    Tunisia1.430
    Estonia0.740
    Lebanon

    Investment to GDP

    listInvestment levels to GDP
    Mongolia33.000
    Saudi Arabia31.699
    Vietnam30.044
    Bangladesh29.913
    Nigeria29.133
    Morocco28.546
    Estonia28.124
    Oman26.500
    Kazakhstan26.485
    Romania25.400
    Serbia24.464
    Croatia23.296
    Slovenia21.460
    Lithuania21.252
    Bulgaria20.795
    Jordan19.589
    Ukraine18.463
    Kenya17.309
    Kuwait14.821
    Pakistan13.517
    Argentina13.479
    Tunisia10.690
    Lebanon

    Budget Balance/GDP

    listBudget Balance/GDP
    Argentina1.256
    Bangladesh
    Kenya
    Kuwait
    Lebanon
    Mongolia
    Nigeria
    Oman
    Pakistan
    Saudi Arabia
    Ukraine
    Vietnam
    Slovenia-1.780
    Estonia-1.933
    Lithuania-2.944
    Bulgaria-3.086
    Croatia-3.221
    Kazakhstan-3.233
    Serbia-3.308
    Morocco-3.983
    Tunisia-4.411
    Jordan-6.928
    Romania-7.522

    Average Current Account Balance/GDP

    listCurrent Account Balance/GDP
    Kuwait22.720
    Nigeria6.879
    Slovenia3.630
    Vietnam3.200
    Lithuania1.966
    Lebanon
    Pakistan-0.056
    Argentina-0.391
    Croatia-0.677
    Bangladesh-0.934
    Bulgaria-1.453
    Oman-1.467
    Morocco-1.951
    Estonia-2.569
    Tunisia-2.732
    Kazakhstan-3.565
    Kenya-3.898
    Saudi Arabia-4.015
    Jordan-5.539
    Serbia-5.763
    Romania-7.568
    Mongolia-11.053
    Ukraine-15.934