<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE TEMPLETON
DEVELOPING MARKETS TRUST FUND JUNE 30, 2000 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000878087
<NAME> TEMPLETON DEVELOPING MARKETS TRUST
<SERIES>
<NUMBER> 001
<NAME> TEMPLETON DEVELOPING MARKETS TRUST - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 2638217880
<INVESTMENTS-AT-VALUE> 2796533721
<RECEIVABLES> 56732523
<ASSETS-OTHER> 2421576
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2855687820
<PAYABLE-FOR-SECURITIES> 60933420
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21560681
<TOTAL-LIABILITIES> 82494101
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3318580822
<SHARES-COMMON-STOCK> 174482970
<SHARES-COMMON-PRIOR> 189481055
<ACCUMULATED-NII-CURRENT> 6057940
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (709760884)
<ACCUM-APPREC-OR-DEPREC> 158315841
<NET-ASSETS> 2773193719
<DIVIDEND-INCOME> 38497278
<INTEREST-INCOME> 4998460
<OTHER-INCOME> 0
<EXPENSES-NET> (32269423)
<NET-INVESTMENT-INCOME> 11226315
<REALIZED-GAINS-CURRENT> 12775595
<APPREC-INCREASE-CURRENT> (552564443)
<NET-CHANGE-FROM-OPS> (528562533)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9924994)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 143268088
<NUMBER-OF-SHARES-REDEEMED> (158847211)
<SHARES-REINVESTED> 581038
<NET-CHANGE-IN-ASSETS> (774917477)
<ACCUMULATED-NII-PRIOR> 5930357
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (722536479)
<GROSS-ADVISORY-FEES> (19309724)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (32269423)
<AVERAGE-NET-ASSETS> 3104730153
<PER-SHARE-NAV-BEGIN> 15.61
<PER-SHARE-NII> .05<F2>
<PER-SHARE-GAIN-APPREC> (2.49)
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.12
<EXPENSE-RATIO> 2.03<F1>
<FN>
<F1>ANNUALIZED
<F2>BASED ON AVERAGE WEIGHTED SHARES OUTSTANDING
</FN>
</TABLE>
