Recently published Bloomberg report studied 17 emerging markets based on 11 economic and financial performance indicators to predict their potential in 2021. The study named top 5 developing markets that could overcome expectations. These are Thailand, Russia, South Korea, Taiwan, and Malaysia in this order. Meanwhile, India (9%), China (8.1%), and Philippines (7.5%) scored highest in terms of expected GDP Growth in 2021. Thailand earned the 1st rank because of its strong foreign exchange reserves and high potential for portfolio inflows. From the countries surveyed, Malaysia was identified to be the nation that will gain the most once the pandemic is under control.
