Corporate International - Civets Countries, 2011

The CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) is a grouping acronym for favoured emerging markets coined in late 2009 by Robert Ward, Global Forecasting Director for the Economist Intelligence Unit (EIU). The term has also been used by HSBC's chief executive Michael Geoghegan. These countries are favored for several reasons, such as a dynamic and diverse economy and a young growing population.

The acronym was coined by Robert Ward, Global Director of the Global Forecasting Team for the Economist Intelligence Unit, and was made widely public by Michael Geoghegan, President of the Anglo- Chinese HSBC in a speech he gave to the Hong Kong Chamber of Commerce in April 2010.