Thought for the day

Frontier Markets with Reasonable Governance and GDP Data Quality Outpace Emerging and Developed Markets


 
Last updated: 3 July 2024
 
The chart below shows the 10-year Compound Annual Growth Rate (2011-2021) for countries with Governance ratings over 50 points (read more below) and with GDP Data Quality Ratings A, B or C (read more below). Countries with D grade data are omitted. CAGR is calculated over the 2011-2021 period.

GDP per Capita for Developed, Emerging and Frontier Markets
10-year Compound Annual Growth Rates (2011-2021)
Frontier Markets with Reasonable Governance and GDP Data Quality Outpace Emerging and Developed Markets
* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.


Data quality is graded by the World Economics Data Quality Ratings. The Ratings cover five factors to determine data quality: GDP base year, SNA framework, informal economy size, resources devoted to measuring economic activity and measures for government interference. See full Methodology.

Governance is rated by the World Economics Governance Ratings. World Economics has gathered together key indicators to monitor country governance. These indicators include Rule of Law, Press Freedom, Political Right, Civil Liberties, and Ease of Doing Business. Data for each component is transformed into a scale of 0-100 to gauge relative performance to other countries. For the Governance Index a score towards zero indicates a poor performance, whilst a score tending towards 100 indicates a good performance. See full Methodology. Only countries with a governance score of > 50 are included in these growth rankings.

Country classifications
Developed Markets: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, United Kingdom and United States

Emerging Markets: Brazil, Chile, Colombia, Czech Republic, Greece, Hungary, India, Indonesia, Republic of Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, South Africa, Thailand, Turkey and United Arab Emirates.

Frontier Markets: Burkina Faso, Cote d'Ivoire, Croatia, Estonia, Iceland, Jordan, Kenya, Lithuania, Mauritius, Morocco, Romania, Senegal, Serbia, Slovenia, Sri Lanka and Tunisia.

 See more data...



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