MAPS: Where You'll Find The Cheapest And Most Expensive Stock Markets In The World

Michael McDonough, an economist at Bloomberg BRIEF, took a look at the price-to-earnings ratios across 40 national MCSI indexes. It turns out that Ireland, Philippines and Colombia have the most expensive markets in the world, while Argentina, Egypt and Hungary have the cheapest.

Check out these maps that McDonough created for Bloomberg BRIEF's 2012 Review and 2013 Outlook Supplement.

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