Next Eleven

AAA

DEFINITION of 'Next Eleven'

Also known as N-11, these are the eleven countries that, according to a Goldman Sachs Group, Inc. (GS) prognosis, have the potential to become the world's largest economies in the 21st century. These are: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea and Vietnam.

INVESTOPEDIA EXPLAINS 'Next Eleven'

Goldman Sachs made its prediction in 2005, using such criteria as trade openness, economic and political stability, and quality of education.

RELATED TERMS
  1. Maquiladora

    A Spanish term for a factory located near the United States-Mexico ...
  2. P5+1

    The P5+1 is a group of world powers who have been negotiating ...
  3. Asian Infrastructure Investment ...

    The Asian Infrastructure Investment Bank (AIIB) is an international ...
  4. SENTRI

    This U.S. program grants pre-approved travelers access to a faster ...
  5. 1979 energy crisis

    The 1979 energy crisis in the U.S. was an event of widespread ...
  6. Lion economies

    A nickname given to Africa's growing economies.
RELATED FAQS
  1. What are the most common market indicators to follow the Mexican stock market and ...

    The two most widely used indicators for tracking the Mexican Stock Exchange are the MEXBOL Index and the INMEX Index. The ... Read Full Answer >>
Related Articles
  1. Economics

    Could Third World Debt Relief Pay Off?

    Debt is as much a political tool as an economic one. Discover if wholesale debt forgiveness is the answer for developing countries.
  2. Economics

    3 Possibilities If Sanctions Against Iran Lift

    What would happen if sanctions against Iran were lifted?
  3. Investing News

    The Dummies' Guide To The Iran Nuclear Deal

    What are the specifics of the Iran nuclear deal? Is it wonderful or horrible?
  4. Investing News

    Who Benefits from Lifting Iran Sanctions?

    There are multiple parties that will benefit from the lifting of Iranian sanctions and the return of the country to the international community.
  5. Forex Strategies

    3 Major Changes Resulting From Iran's Nuclear Deal

    A deal to lift sanctions on Iran could go into effect in a couple of months. Where should investors look for opportunities as Iran's economy opens up?
  6. Economics

    Understanding Iran Sanctions by the US

    Considering US sanctions have been in place for almost 40 years, and Iran is still considered a troubled region, can we say they have been effective?
  7. Economics

    Industries That Will Benefit From Lifting Iran Sanctions

    After sanctions related to Iran's nuclear program are lifted, a number of global industries should benefit from the opening up of second largest country in the Middle East.
  8. Investing News

    Is It Time To Invest In Turkey?

    Turkish President Recep Tayyip Erdogan's neo-Ottoman sultanate is off the table for now, but the political gridlock and rising social tensions that could replace it are little consolation.
  9. Stock Analysis

    Is Smaller Better When Investing Overseas?

    When it comes to global stocks think small (and not in a market-cap sense). Smaller developed nations have outperformed larger rivals by a big margin.
  10. Retirement

    Retire In Indonesia With $200,000 Of Savings?

    It's very doable. Here's why.

You May Also Like

Hot Definitions
  1. Nuncupative Will

    A verbal will that must have two witnesses and can only deal with the distribution of personal property. A nuncupative will ...
  2. OsMA

    An abbreviation for Oscillator - Moving Average. OsMA is used in technical analysis to represent the variance between an ...
  3. Investopedia

    One of the best-known sources of financial information on the internet. Investopedia is a resource for investors, consumers ...
  4. Unfair Claims Practice

    The improper avoidance of a claim by an insurer or an attempt to reduce the size of the claim. By engaging in unfair claims ...
  5. Killer Bees

    An individual or firm that helps a company fend off a takeover attempt. A killer bee uses defensive strategies to keep an ...
  6. Sin Tax

    A state-sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!