Newly Industrialized Countries Real GDP Growth Rate 2022 | Emerging Markets | Developing Countries

Newly Industrialized Real

Newly Industrialized or NIC is composed of 10 developing, middle income economies. This socioeconomic classification is applied to which undergoes rapid economic growth and industrialization. NIC includes Brazil, China, India, Indonesia, Malaysia, , the Philippines, South Africa, Thailand, and Turkey.

In this video, you’re going to see the most recent real GDP growth rate projection of NIC economies for the year 2022.

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Abbreviations:
GDP – Gross Domestic Product
PPP – Purchasing Power Parity

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Sources:
www.imf.org
www.wikipedia.org

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