The Next Eleven—Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, and Vietnam—, have involved a contribution to global growth about 9% over the last few years. Vietnam has managed growth comparable to China, Russia and India, also, five of the N-11 have averaged 5%-plus growth over the last five years, and all of the N-11 could likely grow at 4% or more over the next 20 years, if they can maintain stable conditions for growth.
While the N-11 don’t have the power of BRIC countries, Mexico and Indonesia have the potential to rival the largest countries of the G7, and 11 countries of N-11, could surpass major markets.
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