Analysts called Russia a leader among emerging markets

13 Jul 2018

Russia took first place in the semi-annual rating of Bank of America Merrill Lynch GEM-10 among the largest global emerging markets, retaining leadership over China.

"Russia has the strongest indicators of external liquidity, current account and budget balance among the major emerging markets, as well as one of the lowest levels of external debt," the rating says.
The Bank also noted low inflation, but low GDP growth.
China, South Korea and Indonesia are also among the top ten largest countries. In the last places of the ten are South Africa, Turkey and Brazil.
The study is conducted by the Bank among 68 developing countries on 4.8 thousand indicators, published every six months.





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