The acronym BRIC (Brazil, Russia, India, China) was coined in 2001 as a concise reference to the largest emerging markets. Since then, there has been a proliferation of Emerging Market acronyms. An “S” is sometimes added to BRIC to include South Africa. You can also find references to:
- MINTS (Malaysia, Indonesia, New Zealand, Thailand and Singapore)
- CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa)
- MIST (Mexico, Indonesia, South Korea and Turkey)
- TIMP (Turkey, Indonesia, Mexico and the Philippines)
Although the rapid expansion of emerging market economies has slowed recently (see for example, The BRICs have Hit a Wall) there is still strong interest in uncovering emerging market economic, financial and marketing data. Here are four important data sources.
Published by Euromoney Institutional Investor, ISI Emerging Markets gives full-text news (in English and in the original language), company and industry information, as well as general financial and economic data for 100 emerging market countries. The only notable gap in country coverage is Israel.
Although BMI reports on countries worldwide, the data it provides on emerging markets is especially useful. Their coverage includes political risk, finance, economic indicators, macroeconomic performance, outlook and forecast, and the business operating environment. The breadth of coverage is indicated by their industry menu (shown at the right).
The depth of the reporting is revealed by the cover of this 140-page quarterly report on the Brazilian Oil and Gas Industry.
The CEIC suite of databases provide time series data on 100 plus countries. Its Global and Sector databases cover more than 400,000 data items on topics including national accounts, government and public finance, demographic and labor markets, inflation, foreign trade, forex, financial markets, as well as data on a variety of industry sectors. Data are from national statistical sources. In addition, CEIC has a set of “premium” databases for Brazil, India, Russia, China and Indonesia that include greater detail.
Here are a few examples of the data granularity available from the premium CEIC files:
- Indian 15-year annual time series on electricity consumption by fuel type by industry and region.
- Chinese monthly real estate data at the city level for investment, building sales, and floor space.
- Average Russian gasoline price for high/low octane by month (shown below).
Bloomberg, of course, is a comprehensive source of detailed financial data for all developed and developing markets. If you want a one page snap shot of the BRIC countries economic and financial markets, type:
For a larger view of emerging market countries, type:
Click on the Area Name in blue for an expanded list of countries.