Greece, Qatar and UAE reclassified as emerging by S&P Global BMI

Related Content Related Video White Papers Related Articles

S&P Global BMI has announced its annual reconstitution, including the reclassification of Greece, Qatar and the United Arab Emirates (UAE) as emerging economies, as of 22 September.

While Greece’s status changes from developed to emerging economy, Qatar and the UAE’s status is altered from frontier to emerging markets. Greece, Qatar and the UAE will represent approximately 0.8%, 0.9% and 1.0% respectively of the S&P Emerging BMI. The largest countries in the S&P Emerging BMI will be China (24.0%), Taiwan (14.1%), Brazil (11.3%) and India (10.0%).

The reclassification of Greece, Qatar and UAE by S&P Global BMI follows that of other indices such as MSCI, which reclassified the three countries as emerging economies last year.

Mona Dohle
Mona Dohle speaks German and Dutch and is DACH & Benelux Correspondent for InvestmentEurope.

Read more from Mona Dohle

Close Window
View the Magazine

You need to fill all required fields!