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The economy of Nigeria is a middle-income, mixed economy and emerging market [27] [28] with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. [ 29 ] [ 30 ] It is ranked as the 53rd-largest economy in the world in terms of nominal GDP , the sixth largest in Africa and the 27th-largest in terms of ...
Frontier markets are a sub-set of emerging markets, which have market capitalizations that are small and/or low annual turnover and/or market restrictions unsuitable for inclusion in the larger EM indexes but nonetheless "demonstrate a relative openness to and accessibility for foreign investors" and are not under "extreme economic and ...
CIVETS, six emerging markets countries: Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, a diverse and dynamic economy and a young, growing population; CLMV, Cambodia, Laos, Myanmar and Vietnam in south east Asia, members of ASEAN
An emerging market (or an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards. [1] This includes markets that may become developed markets in the future or were in the past. [ 2 ]
Nigeria is often referred to as the Giant of Africa by its citizens due to its large population and economy, [21] and is considered to be an emerging market by the World Bank. Nigeria is a founding member of the African Union and a member of many international organizations, including the United Nations, the Commonwealth of Nations, NAM, [22 ...
Here are seven emerging markets experts advise investing in. India Usha Haley, Ph.D., chair in international business at the Barton School of Business at Wichita State University , shared her ...
Country/Economy Total GDP (USD$) Agricultural (%) Industrial (%) Service (%) Agricultural (USD$) Industrial (USD$) Service (USD$) – World 104,480
NICs are countries whose economies have not yet reached a developed country's status but have, in a macroeconomic sense, outpaced their developing counterparts. Such countries are still considered developing nations and only differ from other developing nations in the rate at which an NIC's growth is much higher over a shorter allotted time period compared to other developing nations. [3]