<PAGE> PAGE 1
000 A000000 06/30/95
000 C000000 0000914597
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 G. T. GLOBAL DEVELOPING MARKETS FUND, INC.
001 B000000 811-8138
001 C000000 4153926181
002 A000000 50 CALIFORNIA STREET, 27TH FLOOR
002 B000000 SAN FRANCISCO
002 C000000 CA
002 D010000 94111
002 D020000 4625
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
008 A000001 G. T. CAPITAL MANAGEMENT, INC.
008 B000001 A
008 C000001 801-10254
008 D010001 SAN FRANCISCO
008 D020001 CA
008 D030001 94111
008 D040001 4625
010 A000001 G. T. CAPITAL MANAGEMENT, INC.
010 B000001 801-10254
010 C010001 SAN FRANCISCO
010 C020001 CA
010 C030001 94111
010 C040001 4625
011 A000001 DELETE
012 A000001 BOSTON FINANCIAL DATA SERVICES
012 B000001 84-9999
012 C010001 BOSTON
012 C020001 MA
012 C030001 02171
013 A000001 COOPERS & LYBRAND
013 B010001 BOSTON
013 B020001 MA
013 B030001 02109
015 A000001 STATE STREET BANK & TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02171
<PAGE> PAGE 2
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 21
019 C000000 GTGLOBALXX
020 A000001 ASIA EQUITY
020 C000001 110
020 A000002 INSTINET CORPORATION
020 C000002 101
020 A000003 JAMES CAPEL
020 C000003 54
020 A000004 BARING SECURITIES INC
020 C000004 49
020 A000005 SMITH NEWCOURT, CARL MARKS INC
020 C000005 47
020 A000006 S G WARBURG
020 C000006 47
020 A000007 ALPHA BROKERAGE
020 C000007 39
020 A000008 GOLDMAN SACHS
020 C000008 38
020 A000009 HANSHIN SECURITIES
020 C000009 38
020 A000010 JARDINE FLEMING
020 C000010 36
021 000000 642
022 A000001 STATE STREET BANK AND TRUST COMPANY, N. A.
022 C000001 3042956
022 D000001 0
022 A000002 GOLDMAN SACHS AND COMPANY
022 C000002 13846
022 D000002 18858
022 A000003 SALOMON BROTHERS
022 C000003 11279
022 D000003 15582
022 A000004 J P MORGAN SECURITIES INC
022 C000004 9873
022 D000004 9856
022 A000005 MERRILL, LYNCH, PIERCE, FENNER, SMITH
022 C000005 1452
022 D000005 7952
022 A000006 CHEMICAL BANKING CORPORATION
022 C000006 9087
022 D000006 0
022 A000007 FREDERICK GREGORY & CO
022 C000007 7068
022 D000007 0
022 A000008 JARDINE FLEMING
022 C000008 5169
022 D000008 1306
022 A000009 LEHMAN BROTHERS INC.
<PAGE> PAGE 3
022 C000009 0
022 D000009 6207
022 A000010 INTERNATIONAL NEDERLANDEN GROEP
022 C000010 2498
022 D000010 3493
023 C000000 3126926
023 D000000 78357
024 000000 N
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 N
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.400
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
<PAGE> PAGE 4
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 1
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
066 A000000 Y
066 C000000 Y
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
<PAGE> PAGE 5
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 Y
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 Y
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 190095
071 B000000 173697
071 C000000 374082
071 D000000 46
072 A000000 6
072 B000000 14911
072 C000000 2673
072 D000000 0
072 E000000 0
072 F000000 2776
072 G000000 501
072 H000000 0
072 I000000 8
072 J000000 310
072 K000000 0
072 L000000 37
072 M000000 16
072 N000000 0
<PAGE> PAGE 6
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 28
072 S000000 78
072 T000000 0
072 U000000 35
072 V000000 0
072 W000000 222
072 X000000 4011
072 Y000000 0
072 Z000000 13573
072AA000000 0
072BB000000 61690
072CC010000 18936
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 13016
074 B000000 0
074 C000000 4652
074 D000000 180814
074 E000000 24861
074 F000000 195526
074 G000000 0
074 H000000 0
074 I000000 3
074 J000000 10042
074 K000000 0
074 L000000 6166
074 M000000 638
074 N000000 435718
074 O000000 8123
074 P000000 954
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 2949
074 S000000 0
074 T000000 423692
074 U010000 36417
074 U020000 0
074 V010000 11.63
074 V020000 0.00
074 W000000 0.0000
<PAGE> PAGE 7
074 X000000 1224
074 Y000000 0
075 A000000 0
075 B000000 408936
076 000000 9.13
077 A000000 N
078 000000 N
086 A010000 36417
086 A020000 544877
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON
087 A020000 362347106
087 A030000 GTD
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE PAMELA RUDDOCK
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<CIK> 0000914597
<NAME> G. T. GLOBAL DEVELOPING MARKETS FUND, INC.
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 452469
<INVESTMENTS-AT-VALUE> 405856
<RECEIVABLES> 16208
<ASSETS-OTHER> 13654
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 435718
<PAYABLE-FOR-SECURITIES> 8123
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3903
<TOTAL-LIABILITIES> 12026
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 544900
<SHARES-COMMON-STOCK> 36417
<SHARES-COMMON-PRIOR> 36417
<ACCUMULATED-NII-CURRENT> 13742
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (88376)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (46574)
<NET-ASSETS> 423692
<DIVIDEND-INCOME> 2673
<INTEREST-INCOME> 14911
<OTHER-INCOME> 0
<EXPENSES-NET> (4011)
<NET-INVESTMENT-INCOME> 13573
<REALIZED-GAINS-CURRENT> (61690)
<APPREC-INCREASE-CURRENT> 18937
<NET-CHANGE-FROM-OPS> (29180)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (29180)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2776
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4013
<AVERAGE-NET-ASSETS> 408936
<PER-SHARE-NAV-BEGIN> 12.44
<PER-SHARE-NII> .37
<PER-SHARE-GAIN-APPREC> (1.18)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.63
<EXPENSE-RATIO> 2.02
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>