Next Eleven

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N-11 nations in red. From left: Mexico, Nigeria, Egypt, Turkey, Iran, Pakistan, Bangladesh, Indonesia, Vietnam, South Korea, Philippines

The Next Eleven (or N-11) are eleven countries —Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, and Vietnam— identified by Goldman Sachs investment bank as having a high potential of becoming the world's largest economies along with the BRICs. The bank chose these nations, all with promising outlooks for investment and future growth, on December 12, 2005.

Goldman Sachs used macroeconomic stability, political maturity, openness of trade and investment policies, and the quality of education as criteria. The N-11 paper is a follow-up to the bank's 2003 paper on the four emerging "BRIC" economies, Brazil, Russia, India, and China.[1]

Eight of the eleven nations chosen are in Asia. South Korea is the only developed country in this list, having the largest economy and highest income per capita out of the eleven countries. All other countries are either developing countries or newly industrialized countries.