Explanation:

N-11 are – Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea and Vietnam – identified by Jim O'Neill in a research paper as having a high potential of becoming, along with the BRICS countries, among the world's largest economies in the 21st century. The bank chose these states, all with promising outlooks for investment and future growth, in 2005. Next Eleven countries have an area of 10 million sq. kilometers while having a population of 1460 million. Combined nominal GDP of these countries is 6.5 trillion dollars. In terms of purchasing power parity (PPP), their GDP reached 15.5 trillion dollars