Emerging Market
A country or region with an economy that is in the process of rapid growth and development, typically characterized by factors such as increasing industrialization, urbanization, and rising incomes, but may also involve higher risk due to factors such as political instability or underdeveloped infrastructure.
What You Need To Know
As these economies continue to grow in size and influence—accounting for a majority share of global GDP growth, they will remain central to shaping the future of trade, sustainability efforts, and investment strategies worldwide.