Kazakhstan Russia China Nepal Bhutan Mongolia India Sri Lanka Kyrgyz Republic Tajikistan Turkmenistan Bangladesh Cambodia Philippines Vietnam Laos Pakistan Iran Iraq Syria Uzbekistan Thailand Egypt Chad Sudan Yemen Djibouti Ethiopia Afghanistan Kenya Namibia Republic of Congo Central African Republic Botswana Mozambique Madagascar Tanzania Mauritius Swaziland South Africa Lesotho Angola Mauritania Colombia Mexico Brazil Peru Bolivia Paraguay Uruguay Argentina Chile Malaysia Indonesia East Timor Tunisia Algeria Morocco Zambia Gabon Togo Rwanda Uganda Equatorial Guinea Cameroon Ghana Benin Niger Nigeria Mali Guinea Burkina Faso Cote d’Ivoire Senegal The Gambia El Salvador Costa Rica Belize Guatemala Panama Guyana Suriname Ecuador Venezuela Dominican Republic Dominica Barbados Grenada Jamaica Haiti Honduras Nicaragua Romania Bulgaria Moldova Albania Serbia Belarus Macedonia Bosnia-Herz. Turkey Ukraine Lebanon Azerbaijan Armenia Georgia Jordan Papua New Guinea Pro: Committed to strong growth Con: Exports falling sharply Pro: Growth-oriented government Con: Investors becoming anxious Pro: Strong economic fundamentals Con: Infrastructure investment needed Pro: Sound economic footing Con: Exports under pressure Pro: Strong fiscal position Con: Reliant on exports to EU Pro: Flexible economy Con: Overvalued currency Pro: Substantial stimulus planned Con: Cheaper oil denting revenues Pro: Proactive government Con: Over-reliance on diamonds Pro: Strong economic growth Con: Poverty still widespread Pro: Transparent local market Con: Heavily reliant on US Pro: Significant natural resources Con: Poverty remains a problem Pro: Strong government Con: GDP growth falling Pro: Strong domestic demand Con: Political future uncertain Pro: Robust banking industry Con: Growing social unrest Pro: Improving foreign relations Con: Protectionist leanings Pro: Sound economic management Con: Exports face steep decline Pro: Economy proving resilient Con: Export volumes falling Pro: Stable banking industry Con: Mounting political uncertainty Pro: Hugnal Con: Grarity Pro: Young, productive workforce Con: Industrial output falling fast Pro: Exports growing strongly Con: Inflation pressure growing Pro: Abundant natural resources Con: Economy in steep slowdown Pro: Sound economic foundation Con: External demand tailing off Sizzling: Watch out for dramatic growth and intense investor interest Hot: Conditions are right for serious growth Warm: Only for the brave, but pioneers will find plenty of opportunity Tepid: Great potential but serious downsides Cold: The risks of investing outweigh the potential rewards Most Competitive Malaysia Chile China Thailand Tunisia South Africa Barbados Jordan India Russia 5.04 4.72 4.70 4.60 4.58 4.41 4.40 4.37 4.33 4.31 Competitiveness index 10 Least Corrupt Barbados Chile Uruguay Dominica Botswana Mauritius Bhutan Costa Rica Jordan Malaysia 7.0 6.9 6.9 6.0 5.8 5.5 5.2 5.1 5.1 5.1 Corruption index GDP Growth Projections Azerbaijan Angola Rep. of Congo Turkmenistan Iraq* China Afghanistan Yemen Nigeria Uganda 16.4 12.8 12.1 10.3 9.8 9.3 8.3 8.1 8.1 8.1 % Actual FDI Inflows for 2007 China Russia Brazil Mexico India Turkey Chile Nigeria Egypt Kazakhstan 83,512 52,475 34,585 24,686 22,950 22,029 14,457 12,454 11,578 10,259 $ m GDP per head GDP growth Actual FDI FDI change Competitiveness Corruption $ % $ million % score index ALGERIA 4,843 4.5 1,665 -7 3.71 3.2 ANGOLA 6,281 12.8 -1,500 0 2.28 1.9 BENIN 905 5.7 48 -9 3.56 3.1 BOTSWANA 9,538 4.6 495 1 4.25 5.8 BURKINA FASO 614 5.6 600 1,664 3.36 3.5 CAMEROON 1,309 4.6 284 -8 3.48 2.3 CENTRAL AFRICAN REP. 512 4.5 27 50 2.28 2.0 CHAD 1,016 5.0 603 -13 2.85 1.6 CONGO, REPUBLIC OF 4,739 12.1 352 2 2.28 1.9 COTE D’IVOIRE 1,294 4.7 427 33 3.51 2.0 DJIBOUTI 1,370 6.9 195 18 2.28 3.0 EGYPT 2,652 6.0 11,578 15 3.98 2.8 ETHIOPIA 409 6.5 254 -53 3.41 2.6 GABON 11,620 7.0 269 0 2.28 3.1 GAMBIA, THE 504 6.0 64 -10 3.88 1.9 GHANA 813 5.8 855 34 3.62 3.9 GUINEA 438 4.7 111 3 2.28 1.6 KENYA 991 6.4 728 1,327 3.84 2.1 LESOTHO 721 5.4 106 15 3.40 3.2 MADAGASCAR 535 7.5 997 239 3.38 3.4 MALI 688 5.2 360 334 3.43 3.1 MAURITANIA 1,318 6.8 153 -1 3.14 2.8 MAURITIUS 7,732 6.2 339 223 4.25 5.5 MOROCCO 3,116 5.5 2,577 5 4.08 3.5 MOZAMBIQUE 494 6.7 427 177 3.15 2.6 NAMIBIA 4,076 4.2 697 80 3.99 4.5 NIGER 408 4.5 27 -47 2.28 2.8 NIGERIA 1,689 8.1 12,454 -11 3.41 2.8 RWANDA 469 5.6 67 319 2.28 3.0 SENEGAL 1,157 5.8 78 -65 3.73 3.4 SOUTH AFRICA 6,648 3.3 5,692 1,180 4.41 4.9 SUDAN 1,822 7.7 2,436 -31 2.28 1.6 SWAZILAND 3,097 2.5 37 3 2.28 3.6 TANZANIA 573 8.0 600 15 3.49 3.0 TOGO 470 3.5 69 -10 2.28 2.7 TUNISIA 4,184 5.0 1,618 -51 4.58 4.4 UGANDA 528 8.1 368 -8 3.35 2.6 ZAMBIA 1,335 6.4 984 60 3.49 2.8 GDP per head GDP growth Actual FDI FDI change Competitiveness Corruption $ % $ million % score index AFGHANISTAN 524 8.3 288 19 2.28 1.5 AZERBAIJAN 7,776 16.4 -4,817 -701 4.10 1.9 BANGLADESH 542 5.6 666 -16 3.51 2.1 BHUTAN 2,185 5.7 78 1,200 2.28 5.2 CAMBODIA 839 6.0 867 80 3.53 1.8 CHINA 3,577 9.3 83,512 15 4.70 3.6 EAST TIMOR 468 0.6 2 0 3.15 2.2 GEORGIA 3,242 4.0 1,659 57 3.86 3.9 INDIA 1,122 6.9 22,950 17 4.33 3.4 INDONESIA 2,393 5.5 6,928 41 4.25 2.6 KAZAKHSTAN 10,106 5.3 10,259 65 4.11 2.2 KYRGYZ REPUBLIC 1,131 6.7 208 14 3.40 1.8 LAOS 946 6.8 324 73 2.28 2.0 MALAYSIA 8,325 4.8 8,403 39 5.04 5.1 MONGOLIA 2,140 8.1 328 13 3.65 3.0 NEPAL 494 5.5 6 100 3.37 2.7 PAKISTAN 1,047 3.5 5,333 25 3.65 2.5 PAPUA NEW GUINEA 1,046 4.7 96 1,471 2.28 2.0 PHILIPPINES 1,987 3.8 2,928 0 4.09 2.3 SRI LANKA 2,435 5.1 529 10 4.02 3.2 TAJIKISTAN 849 7.0 401 18 3.46 2.0 THAILAND 4,401 4.5 9,575 6 4.60 3.5 TURKMENISTAN 4,808 10.3 804 10 2.28 1.8 UZBEKISTAN 1,162 7.5 262 34 2.28 1.8 VIETNAM 1,197 5.5 6,739 186 4.10 2.7 GDP per head GDP growth Actual FDI FDI change Competitiveness Corruption $ % $ million % score index ALBANIA 4,682 6.3 656 102 3.55 3.4 ARMENIA 3,861 8.0 661 46 3.73 2.9 BELARUS 7,317 8.0 1,772 401 2.28 2.0 BOSNIA & HERZEGOVINA 5,275 5.0 2,022 186 3.56 3.2 BULGARIA 7,640 4.3 8,429 12 4.03 3.6 MACEDONIA 5,100 5.0 320 -25 3.87 3.6 MOLDOVA 2,350 6.5 459 90 3.75 2.9 ROMANIA 11,992 4.8 9,774 -14 4.10 3.8 RUSSIA 14,688 5.5 52,475 62 4.31 2.1 SERBIA 7,952 6.0 3,110 -31 3.90 3.4 TURKEY 11,194 3.0 22,029 10 4.15 4.6 UKRAINE 4,800 2.5 9,891 76 4.09 2.5 GDP per head GDP growth Actual FDI FDI change Competitiveness Corruption $ % $ million % score index ARGENTINA 9,843 3.6 5,720 14 3.87 2.9 BARBADOS 14,683 1.0 51 -45 4.40 7.0 BELIZE 4,399 2.5 112 8 2.28 2.9 BOLIVIA 2,002 5.0 204 -27 3.42 3.0 BRAZIL 8,169 3.5 34,585 84 4.13 3.5 CHILE 10,081 3.8 14,457 96 4.72 6.9 COLOMBIA 5,362 3.5 9,028 40 4.05 3.8 COSTA RICA 6,775 3.5 1,896 29 4.23 5.1 DOMINICA 5,381 2.8 48 78 2.28 6.0 DOMINICAN REPUBLIC 5,151 2.8 1,698 16 3.72 3.0 ECUADOR 4,067 3.0 178 -34 3.58 2.0 EL SALVADOR 3,246 2.6 1,526 597 3.99 3.9 GRENADA 6,720 4.2 140 65 2.28 N/A GUATEMALA 2,789 4.0 724 22 3.94 3.1 GUYANA 1,591 4.5 152 49 3.47 2.6 HAITI 825 4.0 75 -53 2.28 1.4 HONDURAS 1,928 4.0 816 21 3.98 2.6 JAMAICA 5,472 0.9 779 -12 3.89 3.1 MEXICO 11,102 1.8 24,686 28 4.23 3.6 NICARAGUA 1,136 3.5 335 17 3.41 2.5 PANAMA 7,768 7.8 1,825 -29 4.24 3.4 PARAGUAY 2,877 4.2 190 12 3.40 2.4 PERU 5,077 7.0 5,343 54 3.95 3.6 SURINAME 6,237 4.8 316 -2 3.58 3.6 URUGUAY 11,045 5.5 879 -37 4.04 6.9 VENEZUELA 13,271 2.0 646 209 3.56 1.9 GDP per head GDP growth Actual FDI FDI change Competitiveness Corruption $ % $ million % score index IRAN 5,973 5.0 754 138 2.28 2.3 IRAQ* 4,000 9.8 448 17 2.28 1.3 JORDAN 3,616 5.3 1,835 -43 4.37 5.1 LEBANON 8,029 5.0 2,845 4 2.28 3.0 SYRIA 2,242 5.2 885 48 3.99 2.1 YEMEN 1,453 8.1 464 -59 2.28 2.3 EMERGING MARKETS 2009 AFRICA EUROPE MIDDLE EAST ASIA LATIN AMERICA Sources: GDP per capita: 2009 estimate, IMF; * Source for GDP: CIA Factbook; Projected GDP growth: 2009 estimate, IMF - World Economic Outlook, October 2008; Competitiveness score: The World Economic Forum Global Competitiveness Report 2008-2009; Corruption index: Transparency International Corruption Perceptions Index, 2008; FDI flows: UNCTAD World Investment Report, September 2008. Cartographic maps courtesy of Istituto Geografico De Agostini. EM Map 2009.03-TA 4/15/09 11:25 AM Page 1