• Indices  
     
  • News  
     
  • Research  
     
  • Resources  
     
 

Please Login/ Register to see your References List.

 
 

The STOXX Country Classification Model is rules-based and transparent. The model is the first in the industry to exclude any subjectivity from the process. Our five criteria for the classification of a country as a developed or emerging market include macroeconomic data, market cap, market liquidity, free currency convertibility on onshore and offshore markets and restrictions on capital flows. The data sources for these diverse criteria are well known and independent global organizations (International Monetary Fund, World Bank and PricewaterhouseCoopers).

STOXX continuously monitors countries throughout the year. Countries may be added or removed at any time from the watch list based on several factors, including economic, infrastructure and political events.

A formal reassessment of all country classifications is done annually in Q1, when a final classification assignment decision is made for each country. A public announcement of any classification changes resulting from the annual reassessment is released latest by April of each year. Implementation of the classification changes occurs with the quarterly index review in Q3 of the same year.

File Name XLS PDF
Current Country Classification overview
Results of the STOXX Country Classification Review 2017-Q1
STOXX Regional Classification effective Sep. 18, 2017
Previously Published Files XLS PDF
Results of the STOXX Country Classification Review 2016-Q1
STOXX Regional Classification effective Sep. 19, 2016
Results of the STOXX Country Classification Review 2015-Q1
STOXX Regional Classification effective Sep. 21, 2015
Result of the STOXX Country Classification Review 2014-Q1
STOXX Regional Classification effective Sep. 22, 2014
STOXX updates rules on Country Classification
Results of the STOXX Country Classification Review Q1, 2013
STOXX introduces Market Classification Model and Emerging Markets Index