English Lexicon

Emerging market

/ɪˈmɜː.dʒɪŋ ˈmɑː.kɪt/
nounadjectiveCEFR C1 (Advanced)Top #4500 frequency
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2 senses
As noun
  1. 1

    An economy with some characteristics of a developed market, but does not meet standards to be a developed market, characterized by rapid growth and increased industrialization.

    "Many international investors are shifting their capital toward emerging markets in Asia and Latin America."
As adjective
  1. 1

    Relating to or denoting a nation's economy that is progressing toward becoming more advanced, usually through rapid industrialization and economic growth.

    "The firm announced a new strategy focused on expanding its footprint across emerging market economies."

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Linguistic Origin & Historical Etymology

The term combines 'emerging', derived from the Latin 'emergere' (meaning to rise out or bring to light), and 'market', from the Latin 'mercatus' (trade or marketplace). First coined by financial analysts in the late 20th century, specifically by International Finance Corporation economist Antoine van Agtmael in the 1980s, to describe nations transitioning from developing to developed economic statuses with rapid growth.

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