Emerging Markets Indexes
MSCI Emerging Markets Indexes are built with the aim of helping you measure return in rapidly growing economies around the world. MSCI has worked extensively to provide insight into this landscape, with over $2.2 trillion in assets under management currently benchmarked to our emerging markets (EM) indexes.1
Target benefitsIdentify opportunities across transforming global economies
Leverage extensive EM experience
MSCI launched one of the first EM investable benchmark indexes, MSCI Emerging Markets Index, in 1988.
Design solutions for institutional portfolios
Use the EM indexes to enable core allocation and potential risk diversification.
Access expansive range of indexes
Designed to adapt to the evolving EM opportunity set, covering sustainability, climate, factor and thematic topics.
MSCI Emerging Markets Indexes²
At MSCI, we have witnessed the decades-long evolution of EM and continue to study its unique characteristics. We have designed indexes to help investors better understand the new market fundamentals, as well as the impact of geopolitical shifts, such as the growing economic power of China and India.
24
Countries
11%
Weight in MSCI ACWI
1,197
Constituents
A shifting EM landscape
Countries have been added and removed from the MSCI Emerging Markets Indexes over the years based on our market classification framework that assesses economic development, size and liquidity, and market accessibility.
Emerging Markets IndexesView performance details, fact sheets and more
Emerging Markets index resources
Emerging markets evolution
EM has changed dramatically since 1988 — learn more about MSCI’s extensive history in the space.
Emerging Markets in Latin America Are Not Just More of the Same
Latin America stands out within emerging markets for its differentiated sector mix, revenue sources, thematic exposures and attractive valuations. We explain why equity investors may wish to take a closer look.
Want to learn more about our Emerging Markets Indexes?Get in touch.
Related to Emerging Markets Indexes
China Indexes
Explore all China share classes through index combinations, market cap segments, styles, sectors and strategies.
MSCI Nuam Index
The MSCI Nuam index is designed to represent the performance of the combined equity markets of Chile, Colombia and Peru.
1 As of June 30, 2026, and reported on or before June 30, 2026, data for active institutional funds is sourced from eVestment, while active retail fund data is provided by Morningstar. Equity ETF values are based on data from Refinitiv and MSCI.
2 As of December 2025.