The Next Eleven (N-11) are the eleven countries—Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, and Vietnam—identified by Goldman Sachs investment bank and economist Jim O'Neill in a research paper as having a high potential of becoming, along with the BRICs, the world's largest economies in the 21st century. The bank chose these states, all with promising outlooks for investment and future growth, on December 12, 2005.

The criteria that Goldman Sachs used were macroeconomic stability, political maturity, openness of trade and investment policies, and the quality of education. The N-11 paper is a follow-up to the bank's 2003 paper on the four emerging "BRIC" economies, Brazil, Russia, India, and China. It can be compared with the CIVETS list coined by Robert Ward, Global Forecasting Director for the Economist Intelligence Unit (EIU)—having a few differences, but many similarities—as well as the G20 developing nations.

Despite being a developed country, South Korea has been growing at a speed comparable to Brazil and Turkey. More importantly, it has a significantly higher Growth Environment Score (Goldman Sachs' way of measuring the long-term sustainability of growth) than all of the BRICs or N-11s. Commentators such as William Pesek, Jr. from Bloomberg argue that Korea is "Another 'BRIC' in Global Wall", suggesting that it stands out from the Next Eleven economies (N-11). South Korea will overtake Canada by 2025 and Italy by 2035 according to their paper "The N-11: More Than an Acronym". Economists from other investment firms argue that Korea will have a GDP per capita of over $90,000 by 2050, virtually identical to the United States and the second highest among the G7, BRIC, and N-11 economies, suggesting that wealth is more important than size for bond investors, stating that Korea's credit rating will be rated AAA sooner than 2050.