Abstract

When cross-country classification are made, countries which having a rapidly growing economy, attracting foreign direct investment and affecting global economies, are referred to as emerging market economies. Prominent countries in emerging market economies are briefly referred to as BRICS (Brazil, Russia, India, China and South Africa) name. In the study, financial performances of BRICS (Brazil, Russia, India, China, South Africa) countries and Turkey have been analyzed, with TOPSIS method which one of the Multi Criteria Decision Making Techniques (MCDM), using macroeconomic data. The method has been applied five macroeconomic data for 2004-2014 and countries’ performances are evaluated according to the results obtained. Countries are ranked according to results so Turkey’s place is determined.

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