Country Risk: Emerging markets boost ratings (TABLES: Global economic projections 1-80)

Rank

Sept

Country

Economic

Economic

Economic

Expected change

GNP

GNP

1995

performance

performance

performance

1996-1997

growth

growth

average

1996

1997

(%)

1996

1997

1996-1997

1

1

Singapore

84.37

84.55

84.19

-0.42

7.60

7.31

2

2

Luxembourg

81.15

80.90

81.40

0.62

2.97

3.03

3

4

Switzerland

79.82

78.98

80.65

2.11

1.38

1.99

4

3

Netherlands

76.82

76.24

77.40

1.52

2.37

2.61

5

5

Taiwan

76.43

76.59

76.27

-0.42

6.57

6.29

6

7

United States

76.15

75.55

76.74

1.59

2.40

2.36

7

9

Denmark

75.79

75.06

76.52

1.95

2.56

2.64

8

11

Norway

75.66

75.05

76.26

1.62

3.52

2.87

9

12

Japan

75.52

74.01

77.03

4.08

2.00

2.43

10

15

Austria

75.48

74.39

76.58

2.95

2.02

2.30

11

14

Germany

75.09

73.68

76.49

3.82

1.75

2.32

12

19

Australia

74.32

74.43

74.21

-0.29

3.13

3.15

13

13

United Kingdom

74.11

73.71

74.50

1.07

2.40

2.53

14

10

France

73.73

72.96

74.49

2.10

1.85

2.39

15

21

Belgium

73.00

71.71

74.29

3.59

1.91

2.47

16

17

Finland

72.77

72.23

73.30

1.48

3.42

3.35

17

8

Malaysia

72.66

73.07

72.25

-1.11

8.46

8.02

18

6

South Korea

71.62

72.05

71.20

-1.17

7.56

7.03

19

18

Thailand

70.83

70.80

70.85

0.07

8.24

7.83

20

33

Spain

70.78

70.76

70.80

0.06

2.80

2.98

21

22

New Zealand

70.48

70.18

70.79

0.87

2.91

3.43

22

20

Hong Kong

70.48

71.04

69.92

-1.58

4.97

4.78

23

34

Sweden

69.19

69.04

69.34

0.43

2.09

2.14

24

16

Ireland

68.19

68.17

68.21

0.06

4.78

4.43

25

31

Chile

67.94

68.13

67.75

-0.55

6.31

5.81

26

25

Canada

67.29

67.17

67.41

0.36

2.52

2.62

27

23

Malta

67.13

66.50

67.75

1.88

5.27

5.33

28

32

Italy

66.70

65.03

68.38

5.16

2.54

2.66

29

28

China

66.00

65.91

66.09

0.28

9.42

9.12

30

27

Czech Republic

65.08

64.55

65.61

1.64

4.61

4.61

31

24

Brunei

65.00

65.00

65.00

0.00

3.25

–

32

37

Portugal

64.84

64.27

65.40

1.76

2.77

2.88

33

30

Indonesia

64.34

63.93

64.75

1.29

7.10

7.20

34

36

Cyprus

63.75

63.00

64.50

2.38

4.50

4.40

35

57

Poland

62.07

61.82

62.32

0.81

5.07

4.98

36

50

Philippines

60.27

59.45

61.09

2.75

5.82

6.00

37

38

Qatar

59.64

58.03

61.25

5.56

0.45

2.30

38

43

Slovenia

59.30

59.08

59.52

0.75

4.65

4.80

39

41

India

59.15

59.20

59.10

-0.17

5.84

5.82

40

52

Hungary

59.10

57.41

60.79

5.89

2.34

3.28

41

47

Israel

58.63

58.50

58.75

0.43

5.50

5.50

42

35

Bahamas

58.00

58.00

58.00

0.00

2.00

2.00

43

44

Oman

57.63

57.50

57.75

0.43

3.38

4.13

44

55

Slovak Republic

57.38

56.88

57.88

1.76

5.05

4.83

45

39

United Arab Emirates

57.38

57.25

57.50

0.44

1.83

1.87

46

26

Iceland

57.20

57.20

57.20

0.00

2.67

2.37

47

42

Bermuda

57.00

57.00

57.00

0.00

2.00

3.00

48

40

Mauritius

56.67

56.67

56.67

0.00

5.00

5.00

49

46

Kuwait

56.63

56.25

57.00

1.33

2.50

2.10

50

56

Tunisia

54.90

55.20

54.60

-1.09

5.10

4.90

51

49

Saudi Arabia

54.83

54.00

55.67

3.09

2.16

2.48

52

53

Estonia

54.75

54.00

55.50

2.78

4.30

4.66

53

48

South Africa

54.09

53.00

55.18

4.11

3.80

4.33

54

45

Bahrain

53.13

52.25

54.00

3.35

1.10

1.83

55

65

Vietnam

51.81

51.29

52.33

2.03

9.16

8.32

56

54

Botswana

51.63

51.50

51.75

0.49

5.17

5.67

57

51

Colombia

50.50

50.50

50.50

0.00

4.92

4.75

58

59

Greece

50.04

49.39

50.69

2.64

2.07

2.45

59

71

Jordan

48.13

46.75

49.50

5.88

5.87

5.57

60

61

Argentina

47.62

46.62

48.62

4.28

2.11

3.29

61

58

Morocco

47.21

47.14

47.29

0.30

6.60

5.20

62

63

Brazil

46.81

46.00

47.63

3.53

3.55

4.45

63

69

Mexico

45.77

44.03

47.50

7.88

1.79

3.39

64

88

Bangladesh

45.67

46.33

45.00

-2.88

4.83

4.83

65

70

Sri Lanka

45.30

46.00

44.60

-3.04

5.27

5.52

66

72

Lebanon

45.28

44.75

45.80

2.35

5.33

6.09

67

64

Turkey

45.17

45.67

44.67

-2.19

4.34

4.25

68

73

Trinidad & Tobago

45.00

45.00

45.00

0.00

3.55

3.50

69

62

Namibia

44.50

44.00

45.00

2.27

4.50

4.83

70

91

Egypt

44.42

44.17

44.67

1.13

3.36

3.58

71

60

Ghana

44.26

43.86

44.66

1.82

4.65

4.81

72

67

Uruguay

42.50

41.83

43.17

3.19

2.17

3.02

73

74

Romania

42.50

42.18

42.82

1.51

3.69

3.85

74

77

Burkina Faso

42.50

45.00

40.00

-11.11

4.50

5.00

75

81

Pakistan

42.25

42.17

42.33

0.40

5.12

5.12

76

107

Costa Rica

42.25

42.50

42.00

-1.18

3.40

3.65

77

98

Barbados

42.00

42.00

42.00

0.00

1.50

2.50

78

86

Myanmar

41.75

40.25

43.25

7.45

5.93

5.27

79

82

Zimbabwe

41.70

45.40

38.00

-16.30

3.88

4.58

80

94

Lithuania

41.20

40.20

42.20

4.98

3.07

3.58