Economic studies

Rating table

Africa Country risk assessment Business Climate assessment
Algeria C C
Angola C D
Benin B C
Botswana A4 A4
Burkina Faso D C
Burundi D E
Cameroon C D
Cape Verde B B
Central African Republic D E
Chad D E
Congo C D
Congo, The Democratic Republic Of The D E
Cote d'Ivoire B B
Djibouti C C
Egypt C B
Eritrea E E
Eswatini D C
Ethiopia C D
Gabon C D
Ghana C B
Guinea C D
Kenya C A4
Lesotho C B
Liberia D D
Libya E E
Madagascar C C
Malawi D D
Mali D D
Mauritania C C
Mauritius B A3
Morocco B A4
Mozambique D D
Namibia C A4
Niger D C
Nigeria C D
Rwanda B A4
Sao Tome and Principe D D
Senegal B B
Sierra Leone D D
South Africa C A4
Sudan E E
Tanzania, United Republic of B C
Togo C B
Tunisia C B
Uganda C C
Zambia D C
Zimbabwe E E
Countries under negative watch list
Countries under positive watch list
America Country risk assessment Business Climate assessment
Argentina D B
Belize C C
Bolivia D B
Brazil B A4
Canada A2 A1
Chile A4 A3
Colombia C A4
Costa Rica B A3
Cuba E E
Dominican Republic B B
Ecuador C B
El Salvador D B
Guatemala C C
Guyana C C
Haiti E E
Honduras C C
Jamaica C A4
Mexico B A4
Nicaragua D C
Panama B A4
Paraguay B B
Peru B A4
Suriname D C
Trinidad and Tobago B A4
United States of America A2 A1
Uruguay A4 A3
Venezuela E E
Countries under negative watch list
Countries under positive watch list
Asia Country risk assessment Business Climate assessment
Afghanistan E E
Australia A2 A1
Bahamas B A4
Bangladesh C C
Barbados D A4
Cambodia C B
China B B
Fiji C A4
Hong Kong, S.A.R. A3 A1
India B A4
Indonesia A4 A4
Japan A2 A1
Laos D D
Malaysia A3 A3
Maldives C C
Mongolia C C
Myanmar D D
Nepal C B
New Zealand A3 A1
North Korea E E
Pakistan D C
Papua New Guinea B C
Philippines A4 B
Singapore A2 A1
South Korea A2 A1
Sri Lanka D B
Taiwan A2 A1
Thailand A4 A3
Timor-Leste D C
Vietnam B B
Countries under negative watch list
Countries under positive watch list
CIS Country risk assessment Business Climate assessment
Armenia C B
Azerbaijan B C
Georgia C A3
Kazakhstan B C
Kyrgyzstan D D
Moldova, Republic of C B
Russian Federation D D
Tajikistan D D
Turkmenistan D E
Ukraine D C
Uzbekistan B B
Countries under negative watch list
Countries under positive watch list
Europe Country risk assessment Business Climate assessment
Albania D C
Austria A3 A1
Belarus D D
Belgium A3 A1
Bosnia and Herzegovina C B
Bulgaria B A3
Croatia A4 A2
Cyprus B A3
Czechia (Czech Republic) A4 A2
Denmark A2 A1
Estonia A3 A1
Finland A3 A1
France A3 A1
Germany A3 A1
Greece A4 A2
Hungary A4 A3
Iceland A3 A1
Ireland A3 A1
Italy B A2
Latvia A4 A1
Lithuania A4 A1
Luxembourg A2 A1
Malta A3 A4
Montenegro C A4
Netherlands A2 A1
North Macedonia C A4
Norway A1 A1
Poland A4 A2
Portugal A3 A2
Romania B A3
Serbia C A4
Slovakia A4 A2
Slovenia A3 A1
Spain A3 A1
Sweden A3 A1
Switzerland A2 A1
Türkiye C A4
United Kingdom A4 A1
Countries under negative watch list
Countries under positive watch list
Middle-East Country risk assessment Business Climate assessment
Bahrain D A4
Iran, Islamic Republic of E D
Iraq E E
Israel A2 A2
Jordan C B
Kuwait A4 A3
Lebanon D D
Oman C A4
Palestinian Territories D D
Qatar A3 A3
Saudi Arabia A4 B
Syrian Arab Republic E E
United Arab Emirates A3 A2
Yemen E E
Countries under negative watch list
Countries under positive watch list
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