MINT Countries
MINT refers to the four countries of Mexico, Indonesia, Nigeria, and Turkey. In 2011, Fidelity, a Boston-based investment firm, coined the acronym MINT. Mainly used in the financial and economic spheres, along with academia, these four nations have been grouped together as MINT countries due to their emerging economies, huge populations, and favorable demographics.
Some of the factors which make MINT countries attractive are that all these countries comprise a large and young population, which are an ideal work force. The legal systems in these countries are good for trade and the governments are focused on economic growth. Further, the favorable geographical location of these nations make them good destinations for trade.
MINT Member Countries |
World Economy Ranking | Country | Continent | Capital | GDP 2012 ( $ trillions) | Average Income per Head | Currency |
---|---|---|---|---|---|---|
14 | Mexico | North America | Mexico City | 1.18 | $10,000.00 | Mexican peso |
16 | Indonesia | Asia | Jakarta | 0.88 | $3,500.00 | Indonesian Rupiah |
39 | Nigeria | Africa | Abuja | 0.26 | $1,500.00 | Nigerian Naira |
17 | Turkey | Europe | Ankara | 0.79 | $10,000.00 | Turkish lira |