View source for Organization:Next Eleven

{{Infobox Geopolitical organization
|name               = Next Eleven
|linking_name       = Next Eleven
|symbol_type        = 
|image_symbol       = 
|symbol_width       = 170px 
|image_map          = Next Eleven.svg
|map_caption        = N-11 countries in Magenta
|org_type           = High potential economies
|membership_type    = Members
|membership         = {{Collapsible list
 |titlestyle = background-color: #f9f9f9; text-align: left; font-weight: normal; line-height: 1.3em;
 |liststyle  = padding: 6px 0; background-color: none; text-align: left;
 |framestyle = line-height: 1.9em; border: none; padding: 0;
 |title = '''11 Countries'''
  |{{flag|Bangladesh}}
  |{{flag|Egypt}}
  |{{flag|Indonesia}}
  |{{flag|Iran}}
  |{{flag|Mexico}}
  |{{flag|Nigeria}} 
  |{{flag|Pakistan}}
  |{{flag|Philippines}}
  |{{flag|South Korea}}
  |{{flag|Turkey}}
  |{{flag|Vietnam}}}}
|admin_center_type  = 
|admin_center       = 
|leader_title1      = 
|leader_name1       = 
|leader_title2      = 
|leader_name2       = 
|established        = 
|official_website   = 
}}
The '''Next Eleven'''<ref>{{lang-ar|التالي الحادي عشر}}, ''Al-ttali al-hadi eshr''<br>{{lang-bn|পরবর্তী এগারো}}, ''Parabartī ēgārō''<br>{{lang-id|Berikutnya Sebelas}}<br>{{lang-ko|다음열한}}, ''Da-eum yeolhan''<br>{{lang-fa|بعدی یازده}} ''B'eda aazedh''<br>{{lang-es|Siguiente Once}}<br>{{lang-tl|Susunod na Labing-isa}}<br>{{lang-tr|Sonraki Onbir}}<br>{{lang-ur|اگلے گیارہ}} ''Aglay Gayarah''<br>{{lang-vi|Mười một}}</ref> (known also by the [[Numeronym|numeronym]] '''N-11''') are the eleven countries &ndash; Bangladesh, [[Place:Egypt|Egypt]], Indonesia, [[Religion:Iran|Iran]], Mexico, Nigeria, {{wipe|Pakistan}}, the {{wipe|Philippines}}, [[Place:Turkey|Turkey]], {{wipe|South Korea}} and Vietnam &ndash; identified by [[Company:Goldman Sachs|Goldman Sachs]] investment banker and economist Jim O'Neill in a research paper as having a high potential of becoming, along with the [[Organization:BRICS|BRICS]] countries, among the world's largest economies in the 21st century.<ref>[https://www.bloomberg.com/news/2012-08-07/goldman-sachs-s-mist-topping-brics-as-smaller-markets-outperform.html Goldman Sachs's MIST Topping BRICs as Smaller Markets Outperform - Bloomberg]</ref> The bank chose these [[Earth:Sovereign state|states]], all with promising outlooks for investment and future growth, on December 12, 2005. Next Eleven countries have an area of 10 million sq. kilometers while having a population of 1460 million. Combined nominal GDP of these countries is 6.5 trillion dollars. In terms of purchasing power parity (PPP), their GDP reached 15.5 trillion dollars.

The criteria that Goldman Sachs used were [[Finance:Macroeconomics|macroeconomic stability]], [[Philosophy:Political philosophy|political maturity]], openness of trade and investment policies, and the quality of education. The N-11 paper is a follow-up to the bank's 2003 paper on the four emerging "BRIC" economies, {{wipe|Brazil}}, {{wipe|Russia}}, {{wipe|India}}, and {{wipe|China}}.<ref>[http://www.goldmansachs.com/our-thinking/archive/archive-pdfs/how-solid.pdf Global Economics Paper 134] and Jim O'Neill, BRIMCs</ref> It can be compared with the [[Finance:CIVETS|CIVETS]] list coined by Robert Ward, global forecasting director for the [[Company:Economist Intelligence Unit|Economist Intelligence Unit]] (EIU) &ndash; having a few differences, but many similarities.

==Next Eleven countries==

===Developed economies===
* {{flagicon|South Korea}} South Korea :A highly developed country Advanced economy (both CIA and [[Organization:International Monetary Fund|IMF]]), High-income economy,<ref name=wb>{{cite web|url=http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/0,,contentMDK:20421402~pagePK:64133150~piPK:64133175~theSitePK:239419,00.html |title=Data - Country Groups|publisher=World Bank|accessdate=2009-02-02}}</ref> Very High human development, [[Finance:Developed country#High-income OECD members|High-income OECD member]], [[Finance:Developed market|Developed market]] (in: Dow Jones index, FTSE index, and S&P index),<ref>{{cite web|last=Ihlwan |first=Moon |url=http://www.businessweek.com/globalbiz/blog/eyeonasia/archives/2009/09/korea_wins_ftse.html |title=Korea Wins FTSE Developed World Status |publisher=BusinessWeek |date=2009-09-21 |accessdate=2012-04-12}}</ref> [[Social:Democracy Index|Democracy]], Development Assistance Committee member, Paris Club member, G-20 major economies, NATO Global Partner, Four Asian Tigers, KORUS FTA, European Union-Korea FTA, Visa Waiver Program participant, APEC founding member, ASEAN Plus Three founding member, EAS founding member

===Newly industrialised economies ===

* {{flagicon|Iran}} Iran : Upper-middle-income economy,<ref>{{cite web|last=Torbat|first=Akbar E.|title=Industrialization and Dependency: the Case of Iran|url=http://www.ecosecretariat.org/ftproot/Publications/Journal/2/Industrialization%20and%20Dependency%20-%20the%20Case%20of%20Iran%20d%20by%20Akbar%20Torbat.doc|publisher=California State University|location=Los Angeles|date=2010-09-27|accessdate=2011-09-04}}</ref> High human development, Theocracy/Parliamentary System, [[Organization:OPEC|OPEC]] and GECF founding member, [[Organization:Economic Cooperation Organization|ECO]] founding member, [[Organization:Group of 15|Group of 15]] member, Developing 8 Countries
* {{flagicon|Indonesia}} Indonesia : Lower-middle-income economy,<ref name=wb/> Medium human development, Secondary Emerging market,<ref name=FTSE1/> Flawed democracy, [[Organization:3G (countries)|3G country]], [[Finance:Tiger Cub Economies|Tiger Cub Economy]], G-20 major economies, [[Finance:MINT (economics)|MINT]] country, APEC founding member, [[Organization:ASEAN|ASEAN]] founding member, East Asia Summit founding member, Developing 8 Countries
* {{flagicon|Mexico}} Mexico : Upper-middle-income economy,<ref name=wb/> High human development, democracy,  OECD member, Advanced Emerging market,<ref name=FTSE1>See FTSE emerging markets list</ref> G-20 major economies, [[Organization:G8+5|G8+5]] member, [[Finance:MINT (economics)|MINT]] country, [[Finance:North American Free Trade Agreement|NAFTA]], APEC member, Pacific Alliance founding member, Pacific Puma country
* {{flagicon|Philippines}} Philippines : Lower-middle-income economy,<ref name=wb/> Medium human development, Secondary Emerging market,<ref name=FTSE1/> [[Social:Democracy Index|Flawed democracy]], [[Organization:G20 developing nations|G-20 Developing Economy]], [[Organization:3G (countries)|3G]] country, [[Finance:Tiger Cub Economies|Tiger Cub Economy]], ASEAN founding member, APEC Founding member, EAS founding member.
* {{flagicon|Turkey}} Turkey : Upper-middle-income economy<ref>[http://data.worldbank.org/about/country-classifications/country-and-lending-groups "Country and lending groups"], World Bank, Retrieved July 2, 2013</ref> and an advanced emerging market<ref name="FTSE1" /> with a high human development and a [[Social:Democracy Index|hybrid regime]]. Founding member of the [[Organization:OECD|OECD]], Developing-8 and BSEC. Member of the G-20, NATO, Council of Europe, EU Customs Union, [[Organization:Economic Cooperation Organization|ECO]] and [[Finance:MINT (economics)|MINT]]. Also has an EU Association Agreement.

===Developing economies ===
* {{flagicon|Bangladesh}} Bangladesh : 8th fastest growing economy in the world.<ref name="cia">{{cite web |url=https://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html#bg | title=The World Factbook}}</ref> Lower-middle-income economy,<ref name="WorldBank1">{{cite web |url=http://data.worldbank.org/about/country-and-lending-groups |title=Country and Lending Groups |publisher=World Bank |accessdate=2015-03-11 }}</ref> listed under the developing countries,<ref name="WorldBank1"/><ref name="ISI1">{{cite web |url=http://www.isi-web.org/component/content/article/5-root/root/8759 |title=International Statistical Institute (ISI), 2014 |work=Developing Countries |publisher=The International Statistical Institute |accessdate=2015-03-11 |deadurl=yes |archiveurl=https://web.archive.org/web/20150317073512/http://www.isi-web.org/component/content/article/5-root/root/8759 |archivedate=2015-03-17 |df= }}</ref> has medium human development<ref>{{cite web|url=http://www.un.int/wcm/webdav/site/bangladesh/shared/Press%20Release/Bangladesh%20Economy%20is%20a%20Star%20in%20the%20World%20Economy,%20says%20UN%20Experts.pdf|title=Bangladesh Economy is a Star in the World Economy says UN Expert|publisher=United Nations|year=2011|accessdate=July 6, 2013}}</ref> Frontier market, Hybrid regime, SAARC founding member, BIMSTEC member, Developing 8 Countries,[[Organization:3G (countries)|3G country]]
* {{flagicon|Egypt}} Egypt : Lower-middle-income economy,<ref name=wb/> Medium human development, Secondary Emerging market,<ref name=FTSE1/> authoritarian regime, [[Organization:3G (countries)|3G country]], G20 developing nations, Arab League member, [[Organization:Council of Arab Economic Unity#Greater Arab Free Trade Area|GAFTA]] member, AU member, [[Organization:Council of Arab Economic Unity|CAEU]] founding member, COMESA member, ENP member, Developing 8 Countries, 3g country <ref name="Mordor Intelligence">{{cite web |url=https://www.mordorintelligence.com/industry-reports/analysis-of-key-sectors-of-3g-countries |title=Analysis of Key Sectors of 3G Countries |website=Mordor Intelligence |accessdate=2017-03-12}}</ref>
* {{flagicon|Nigeria}} Nigeria : Lower-middle-income economy,<ref name=wb/> Low human development, Frontier market,<ref name=FTSE2>See [[Finance:Frontier markets#FTSE frontier markets list|FTSE frontier markets list]]</ref> Flawed Democracy, [[Organization:3G (countries)|3G country]], [[Finance:MINT (economics)|MINT]] country, AU member, OPEC member, Developing 8 Countries, [[Organization:Economic Community of West African States|Economic Community of West African States]] (ECOWAS) member
* {{flagicon|Pakistan}} [[Finance:Economy of Pakistan|Pakistan]] : Lower-middle-income economy,<ref>{{cite web|url=http://data.worldbank.org/node/123#Lower_income |title=Country and Lending Groups &#124; Data |publisher=Data.worldbank.org |date= |accessdate=2012-04-12}}</ref> Secondary Emerging market,<ref name=FTSE1/> Hybrid Regime, [[Organization:G20 developing nations|G20 developing nations]],  SAARC founding member, [[Organization:Economic Cooperation Organization|Economic Cooperation Organization]] (ECO) founding member, Developing 8 Countries
* {{flagicon|Vietnam}} Vietnam : Lower-middle-income economy,<ref name=wb/> Fast emerging, Medium human development, [[Finance:Frontier markets#FTSE frontier markets list|Frontier market]],<ref name=FTSE2/> authoritarian regime,<ref>{{cite web|url=http://news.bbc.co.uk/2/hi/europe/country_profiles/1243338.stm |title=Vietnam country profile - Overview |publisher=BBC News |date=2012-01-15 |accessdate=2012-04-12}}</ref> [[Earth:Socialist state|Socialist republic]], former satellite state of the [[Place:Soviet Union|Soviet Union]],   [[Organization:3G (countries)|3G country]], APEC member, ASEAN member, EAS founding member, former member of Comecon.

== Country data ==
{|class="wikitable sortable" width="100%" style="margin:0px 0px"
!  Country !! [[Social:Population|Population]] !! [[Finance:GDP|GDP (PPP) in trillions]]<br />(2018) !! [[Finance:List of countries by GDP (nominal)|GDP (nominal)]]<br />(2018)!! GDP per capita (PPP)<br />(2018)!! GDP per capita (nominal)<br />(2018) !! [[Finance:Export|Export]]s<br />(2014) !! Imports<br />(2014) !! [[Social:Trade|Trade]]<br />(2014) !! [[Engineering:Human Development Index|HDI]]<br />(2018) 
|-
| {{flag|Bangladesh}} ||align="right"| 150,039,000 ||align="center"| $0.758 trillion ||align="center"| $286.27 billion ||align="center"| $4,561 ||align="center"| $1,754 ||align="center"| $37.6 billion ||align="center"| $40.7 billion ||align="center"| $78.6 billion ||align="center"| 0.608
|-
| {{flag|Egypt}} ||align="right"| 92,100,000||align="center"| $1.3 trillions ||align="center"| $253.2 billion ||align="center"| $13,330 ||align="center"| $2,611 ||align="center"| $27.1 billion ||align="center"| $55.2 billion ||align="center"| $82.3 billion ||align="center"| 0.696 
|-
| {{flag|Indonesia}} ||align="right"| 237,641,000 ||align="center"| $3.5 trillions ||align="center"| $1,074.9 billion ||align="center"| $13,162 ||align="center"| $4,052 ||align="center"| $179.4 billion ||align="center"| $168.4 billion ||align="center"| $347.8 billion ||align="center"| 0.694
|-
| {{flag|Iran}} ||align="right"| 78,192,200||align="center"| $1.75 trillions ||align="center"| $418.8 billion ||align="center"| $21,241 ||align="center"| $5,086 ||align="center"| $95.7 billion ||align="center"| $61.2 billion ||align="center"| $156.9 billion ||align="center"| 0.798
|-
| {{flag|Mexico}} ||align="right"| 123,337,000 ||align="center"| $2.5 trillions ||align="center"| $1,212.8 billion ||align="center"| $20,617 ||align="center"| $9,723 ||align="center"| $406.4 billion ||align="center"| $407.1 billion ||align="center"| $813.5 billion ||align="center"| 0.774
|-
| {{flag|Nigeria}} ||align="right"| 174,507,539 ||align="center"| $1.1 trillions ||align="center"| $408.6 billion ||align="center"| $6,027 ||align="center"| $2,108 ||align="center"| $93.01 billion ||align="center"| $52.7 billion ||align="center"| $145.71 billion ||align="center"| 0.532
|-
| {{flag|Pakistan}} ||align="right"| 209,970,000 ||align="center"|$1.15 trillions ||align="center"| $313.13 billion ||align="center"| $5,677 ||align="center"| $1,641 ||align="center"| $25.1 billion ||align="center"| $45.07 billion ||align="center"| $70.17 billion ||align="center"| 0.562 
|-
| {{flag|Philippines}} ||align="right"| {{formatnum:{{Data Philippines|poptoday}}}}||align="center"| $0.96 trillion ||align="center"| $400 billion ||align="center"| $9,862 ||align="center"| $3,894 ||align="center"| $53.3 billion ||align="center"| $63.6 billion ||align="center"| $116.9 billion ||align="center"| 0.699 
|-
| {{flag|South Korea}} ||align="right"| 50,004,441 ||align="center"| $2.1 trillions ||align="center"| $1,693.2 billion ||align="center"| $40,775 ||align="center"| $32,867 ||align="center"| $572.7 billion ||align="center"| $525.5 billion ||align="center"| $1,098.2 billion ||align="center"| 0.903
|-
| {{flag|Turkey}} ||align="right"| 73,723,000 ||align="center"| $2.3 trillions ||align="center"| $714.8 billion ||align="center"| $28,347 ||align="center"| $8,716 ||align="center"| $176.6 billion ||align="center"| $240.4 billion ||align="center"| $417 billion ||align="center"| 0.791 
|-
| {{flag|Vietnam}} ||align="right"| 93,388,000||align="center"| $0.705 trillion ||align="center"| $240.7 billion ||align="center"| $7,463 ||align="center"| $2,546 ||align="center"| $147 billion ||align="center"| $138.6 billion ||align="center"| $285.6 billion ||align="center"| 0.694 
|}

==See also==
{{div col|colwidth=22em}}
* Nylonkong-Current Three
* [[Finance:E7 (countries)|E7 (countries)]]
* Chindia
* Developing 8 Countries
* [[Finance:CIVETS|CIVETS]]
* Emerging markets
* [[Finance:Emerging and growth-leading economies|Emerging and growth-leading economies]]
* [[Organization:G20 developing nations|G20 developing nations]]
* Group of 24
* [[Finance:List of countries by GDP (nominal)|List of countries by GDP (nominal)]], (per capita)
* List of countries by HDI rank
* Newly industrialized countries
* [[Finance:Tiger Cub Economies|Tiger Cub Economies]]
* European Union Association Agreement
* [[Finance:List of country groupings|List of country groupings]]
* [[Finance:List of multilateral free-trade agreements|List of multilateral free-trade agreements]]
{{div col end}}

==References==
{{Reflist|35em}}

==Further reading==
* [https://web.archive.org/web/20100331050553/http://www.chicagobooth.edu/alumni/clubs/pakistan/docs/next11dream-march%20%2707-goldmansachs.pdf "The N-11: More Than an Acronym"] – Goldman Sachs study of N-11 nations, Global Economics Paper No: 153, March 28, 2007.

{{South-South}}

[[Category:Business terms]]
[[Category:Economic country classifications]]
[[Category:Economic geography]]
[[Category:Modern economic history]]
[[Category:Investment]]
[[Category:Organizations (Finance)]]
[[Category:Organizations|Finance]]

{{Sourceattribution|Next Eleven|1}}