The dynamics of the global economy have changed with a new set of emerging markets challenging the position of the established advanced economies. We have selected the top 25 emerging economies which are becoming more important in terms of both their overall weight in the world economy and their global influence.

Each year, we will establish a list of the 25 fastest-growing economies in the world and each quarter we will publish a forecast that looks across this list in an objective and comparable manner seeking to identify key trends, differences and issues for business. Once a year, we will revise the list of countries to ensure that we have the top 25.

We have well-established practices in 140 countries around the world and are particularly strong in the newly developing economies – both the new mega-economies of BRIC and the other smaller, but fast-growing, economies that are also emerging. We are producing the forecast at this time because of the growing importance of these economies to business throughout the world.

This forecast is a significant report that is produced in cooperation with Oxford Economics and sponsored by our Emerging Markets Center, which also provides access to further insights, knowledge and thought leadership around these emerging markets. We hope you will find the forecast and interactive content here useful.

For more information on these markets, the business environment and local contacts please go to our Emerging Markets Center website at http://emergingmarkets.ey.com/