Frontier Markets
28 COUNTRIES MAKE UP THE FRONTIER MARKETS
World Economics has combined 28 countries to represent the Frontier Markets. Overall these countries account for 6% of Global GDP and 8% of global GDP growth in the past 10 years (2011-2021).
The Frontier Markets are home to over 1.0 billion people with an average life expectancy of 71 years and a current median age of 29 against a global average of 31.
Economics
|
| Bahrain |
96.5 |
2.5% |
0.1% |
0.0% |
55,177 |
96.1% |
| Bangladesh |
1,160.3 |
6.4% |
0.7% |
1.2% |
6,977 |
30.1% |
| Benin |
63.9 |
5.3% |
0.0% |
0.1% |
5,133 |
34.0% |
| Burkina Faso |
89.6 |
5.3% |
0.1% |
0.1% |
4,170 |
27.2% |
| Cote d'Ivoire |
225.3 |
7.3% |
0.1% |
0.3% |
8,329 |
33.2% |
| Croatia |
156.7 |
1.6% |
0.1% |
0.1% |
38,397 |
62.5% |
| Estonia |
62.2 |
3.1% |
0.0% |
0.0% |
46,960 |
14.7% |
| Guinea-Bissau |
6.6 |
2.8% |
0.0% |
0.0% |
3,254 |
46.4% |
| Iceland |
22.8 |
2.7% |
0.0% |
0.0% |
66,416 |
65.9% |
| Jordan |
127.2 |
2.1% |
0.1% |
0.1% |
12,385 |
73.8% |
| Kazakhstan |
652.5 |
3.1% |
0.4% |
0.4% |
34,352 |
19.7% |
| Kenya |
404.0 |
5.4% |
0.2% |
0.4% |
7,347 |
42.2% |
| Lithuania |
132.3 |
3.3% |
0.1% |
0.1% |
49,200 |
35.4% |
| Mali |
86.4 |
3.7% |
0.1% |
0.1% |
4,142 |
28.0% |
| Mauritius |
30.8 |
1.6% |
0.0% |
0.0% |
24,193 |
83.7% |
| Morocco |
369.9 |
2.6% |
0.2% |
0.2% |
9,904 |
57.9% |
| Niger |
51.7 |
5.6% |
0.0% |
0.1% |
2,057 |
30.7% |
| Nigeria |
1,934.0 |
2.5% |
1.2% |
1.0% |
9,148 |
20.1% |
| Oman |
209.4 |
3.9% |
0.1% |
0.2% |
40,094 |
47.9% |
| Pakistan |
1,522.9 |
4.0% |
0.9% |
1.1% |
6,762 |
51.7% |
| Romania |
728.7 |
3.5% |
0.4% |
0.5% |
38,096 |
41.5% |
| Senegal |
91.1 |
5.3% |
0.1% |
0.1% |
5,297 |
49.0% |
| Serbia |
189.8 |
2.3% |
0.1% |
0.1% |
21,817 |
40.7% |
| Slovenia |
104.3 |
2.0% |
0.1% |
0.0% |
50,163 |
60.3% |
| Sri Lanka |
420.0 |
3.6% |
0.3% |
0.3% |
19,539 |
72.6% |
| Togo |
33.0 |
8.2% |
0.0% |
0.0% |
3,892 |
35.5% |
| Tunisia |
163.1 |
1.7% |
0.1% |
0.1% |
13,662 |
62.9% |
| Vietnam |
1,121.7 |
5.6% |
0.7% |
1.1% |
11,426 |
29.3% |
Frontier Markets
Totals / Averages: |
10,256.6 |
N/A |
6.2% |
7.7% |
21,367* |
46.2%* |
World Economics revised GDP data removes serious errors in GDP measurement.
Revised GDP data can be used to analyse and compare country investment potential, but other hidden faults may still be present in source GDP data.
Learn more...
Notes:
- GDP data includes estimates for the Informal Economy, and updated Base Years, to improve the often imperfect quality of Frontier Markets data.
- Debt-to-GDP ratio is total gross government debt as a proportion of revised GDP.
- Data with an astrix (*) represents an average for all countries.
- Offical GDP data quality is often poor in Frontier Market countries. See data quality for individual countries.
Demography
Frontier Markets
Totals / Averages: |
N/A |
1,037.4 |
71* |
29.1* |
72.2* |
36.7* |
Notes:
- Data with an astrix (*) represents an average for all countries.
- Statistical Capacity Index numbers shown on a scale of 0-100.
100 = High level of resources, 0 = Low level of resrouces.
Key:
Data Quality Grade definitions:
A: As good as it gets;
B: Use with caution;
C: Unreliable for many purposes
D: Extremely poor quality.
Environmental, Social and Governance
Frontier Markets
Totals/Averages: |
1,570.6 |
738.4 |
N/A |
8* |
49.2* |
42* |
Notes:
- Data with an astrix (*) represents an average for all countries.
- Index numbers shown on a scale of 0-100.
Rule of Law: 100 = High rule of law, 0 = low rule of law.
Corruption Perceptions Index: 100 = Low levels of corruption, 0 = High levels of corruption.
- Total Carbon and Methane data expressed in MTCo2e (Million Metric Tons of CO2 equivalent)
- Data with an astrix (*) represents an average for all countries.
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