Euromoney
Search Access our research
Home Country risk March 2008 overall results index table

Country risk March 2008 overall results index table

March 2008 Sept 2007 Country Overall score Political risk Economic performance Debt indicators Debt in default or rescheduled Credit rating Access to bank finance Access to short -term finance Access to capital markets Forfaiting (100) (25) (25) (10) (10) (10) (5) (5) (5) (5) 1 1 Luxembourg 99.88 25.00 25.00 10.00 10.00 10.00 5.00 5.00 […]

March 31, 2008

March 2008 Sept 2007 Country Overall score Political risk Economic performance Debt indicators Debt in default or rescheduled Credit rating Access to bank finance Access to short -term finance Access to capital markets Forfaiting
(100) (25) (25) (10) (10) (10) (5) (5) (5) (5)
1 1 Luxembourg 99.88 25.00 25.00 10.00 10.00 10.00 5.00 5.00 5.00 4.88
2 2 Norway 97.47 24.67 22.93 10.00 10.00 10.00 5.00 5.00 5.00 4.88
3 3 Switzerland 96.21 24.71 21.63 10.00 10.00 10.00 5.00 5.00 5.00 4.88
4 4 Denmark 93.39 24.54 19.58 10.00 10.00 10.00 5.00 5.00 5.00 4.27
5 5 Sweden 92.96 24.68 18.40 10.00 10.00 10.00 5.00 5.00 5.00 4.88
6 6 Ireland 92.36 24.39 18.09 10.00 10.00 10.00 5.00 5.00 5.00 4.88
7 10 Austria 92.25 24.36 18.01 10.00 10.00 10.00 5.00 5.00 5.00 4.88
8 9 Finland 91.95 24.76 17.32 10.00 10.00 10.00 5.00 5.00 5.00 4.88
9 8 Netherlands 91.95 24.50 17.58 10.00 10.00 10.00 5.00 5.00 5.00 4.88
10 7 United States 91.27 23.74 17.53 10.00 10.00 10.00 5.00 5.00 5.00 5.00
11 11 United Kingdom 91.02 24.33 16.82 10.00 10.00 10.00 5.00 5.00 5.00 4.88
12 13 Germany 90.37 24.36 16.13 10.00 10.00 10.00 5.00 5.00 5.00 4.88
13 12 Canada 90.17 24.38 16.06 10.00 10.00 10.00 5.00 5.00 5.00 4.73
14 17 France 89.66 23.91 15.87 10.00 10.00 10.00 5.00 5.00 5.00 4.88
15 15 Australia 89.59 24.17 15.75 10.00 10.00 9.79 5.00 5.00 5.00 4.88
16 14 Iceland 89.40 23.30 18.30 10.00 10.00 8.33 5.00 5.00 5.00 4.47
17 16 Belgium 89.39 23.51 16.42 10.00 10.00 9.58 5.00 5.00 5.00 4.88
18 20 Singapore 87.62 23.69 14.84 10.00 10.00 9.84 5.00 5.00 4.53 4.73
19 19 New Zealand 87.13 23.98 13.70 10.00 10.00 9.58 5.00 5.00 5.00 4.88
20 18 Japan 87.04 22.30 16.49 10.00 10.00 9.17 5.00 5.00 4.83 4.27
21 21 Spain 86.39 23.31 14.00 10.00 10.00 10.00 5.00 4.81 5.00 4.27
22 22 Italy 84.25 22.25 14.39 10.00 10.00 8.54 5.00 4.81 5.00 4.27
23 25 Hong Kong 82.60 21.24 14.39 10.00 10.00 8.91 5.00 4.23 4.57 4.27
24 23 Portugal 82.43 22.47 11.32 10.00 10.00 8.96 5.00 4.81 5.00 4.88
25 26 Slovenia 81.14 21.70 11.92 10.00 10.00 8.91 5.00 4.62 4.37 4.63
26 27 Greece 80.29 21.23 11.67 10.00 10.00 7.66 5.00 5.00 5.00 4.73
27 30 Kuwait 78.14 19.33 14.42 10.00 10.00 8.28 5.00 4.23 3.34 3.54
28 32 Malta 77.48 21.07 10.24 10.00 10.00 8.13 5.00 5.00 5.00 3.05
29 28 Taiwan 76.39 19.88 11.63 10.00 10.00 7.81 5.00 5.00 3.54 3.54
30 29 United Arab Emirates 76.29 19.56 13.31 10.00 10.00 8.44 5.00 2.88 3.56 3.54
31 33 Cyprus 75.85 19.55 11.78 10.00 10.00 8.13 5.00 4.81 3.14 3.46
32 24 Bermuda 74.26 22.26 5.79 10.00 10.00 9.38 5.00 4.04 4.75 3.05
33 34 Bahamas 74.00 17.95 12.66 10.00 10.00 7.81 5.00 4.23 3.29 3.05
34 35 Bahrain 72.44 18.21 10.47 10.00 10.00 7.03 5.00 4.23 3.71 3.78
35 31 Qatar 72.37 19.22 8.26 10.00 10.00 8.13 5.00 4.23 4.18 3.35
36 36 Saudi Arabia 71.18 16.95 10.42 10.00 10.00 7.81 5.00 4.04 3.43 3.54
37 39 Israel 71.06 17.33 11.20 10.00 10.00 7.50 5.00 3.85 3.14 3.05
38 37 Czech Republic 70.67 20.26 10.76 8.91 10.00 7.19 0.00 5.00 4.28 4.27
39 47 Oman 70.11 18.51 8.98 9.72 10.00 7.08 5.00 4.23 3.30 3.29
40 38 Korea South 69.87 18.69 11.71 10.00 10.00 7.34 0.00 4.23 4.24 3.66
41 43 Hungary 69.04 18.12 8.68 6.81 10.00 6.72 4.91 5.00 4.18 4.63
42 42 Poland 68.32 18.36 9.28 8.34 10.00 7.03 1.17 5.00 4.51 4.63
43 44 Chile 67.90 20.96 8.45 8.67 10.00 7.29 0.76 3.27 3.86 4.63
44 45 Slovak Republic 67.37 19.25 9.88 8.59 10.00 7.19 0.54 3.92 3.98 4.02
45 41 Barbados 67.17 17.18 9.04 10.00 10.00 6.56 5.00 3.46 2.88 3.05
46 40 Brunei 65.29 19.49 9.10 10.00 10.00 0.00 5.00 5.00 2.43 4.27
47 52 Lithuania 65.27 17.91 8.78 7.70 10.00 7.71 2.22 3.92 3.61 3.41
48 53 Botswana 65.22 19.86 7.99 9.83 10.00 7.50 0.00 4.04 2.64 3.35
49 49 Malaysia 63.80 19.43 8.33 9.38 10.00 6.25 0.33 2.88 3.90 3.29
50 46 Estonia 63.58 18.36 9.33 7.91 10.00 7.08 0.00 3.96 3.40 3.54
51 50 Mexico 63.52 17.56 7.56 8.95 10.00 6.25 0.18 4.04 4.33 4.63
52 51 Trinidad & Tobago 63.29 16.71 10.77 9.68 10.00 6.88 0.00 3.65 2.96 2.64
53 48 Latvia 62.76 17.77 8.13 6.24 10.00 6.56 3.12 3.92 3.48 3.54
54 54 China 60.48 16.62 7.33 9.78 10.00 7.19 0.07 2.12 3.61 3.78
55 55 South Africa 60.46 16.76 7.52 9.38 10.00 5.78 0.10 3.08 4.31 3.54
56 56 Croatia 59.62 15.45 9.01 7.01 10.00 5.83 1.97 2.77 3.31 4.27
57 60 Thailand 58.19 16.38 6.75 9.19 10.00 5.78 0.57 3.08 3.15 3.29
58 59 Bulgaria 58.16 16.21 7.80 8.05 10.00 6.04 0.96 2.07 3.01 4.02
59 58 India 57.78 16.68 6.63 9.08 10.00 4.53 0.12 3.08 3.50 4.15
60 63 Romania 57.39 15.34 7.54 8.36 10.00 5.31 0.75 2.19 3.26 4.63
61 57 Russia 56.63 14.06 7.65 9.23 9.78 6.04 0.36 2.12 3.62 3.78
62 62 Tunisia 56.53 16.21 6.79 8.33 10.00 5.31 0.00 2.88 3.22 3.78
63 66 Brazil 56.31 16.75 6.95 8.05 10.00 3.96 0.36 3.08 3.63 3.54
64 61 Mauritius 56.26 16.77 6.77 9.08 10.00 5.63 0.02 3.27 2.50 2.24
65 64 Kazakhstan 54.57 12.97 6.91 6.73 10.00 5.42 5.00 1.68 2.81 3.05
66 65 Morocco 54.28 15.34 5.99 9.03 10.00 4.38 0.09 2.69 3.23 3.54
67 70 Antigua & Barbuda 52.59 14.08 10.10 10.00 10.00 0.00 5.00 2.31 1.10 0.00
68 69 Egypt 52.14 13.77 5.87 9.29 10.00 4.22 0.00 2.31 3.39 3.29
69 68 Turkey 51.95 13.46 6.69 7.53 10.00 2.81 1.08 2.88 3.47 4.02
70 71 Panama 51.88 14.37 7.26 7.89 10.00 4.38 0.33 2.88 2.54 2.24
71 73 Colombia 50.90 13.78 5.87 8.26 10.00 3.75 0.24 3.08 2.88 3.05
72 75 Peru 50.41 13.51 6.46 8.98 10.00 3.75 0.11 2.12 2.44 3.05
73 67 Costa Rica 49.97 15.51 6.55 9.12 10.00 3.54 0.12 0.96 2.70 1.46
74 74 Jordan 49.29 14.25 5.95 8.48 8.77 3.54 0.00 2.50 2.98 2.80
75 82 Azerbaijan 48.05 11.17 6.62 9.72 10.00 4.38 0.01 1.78 2.39 1.98
76 80 Ukraine 47.64 11.92 6.86 8.70 10.00 2.50 1.35 1.54 2.46 2.32
77 78 Philippines 47.47 13.20 5.79 8.56 10.00 2.66 0.07 1.92 2.95 2.32
78 76 Vietnam 47.31 13.10 4.89 9.29 10.00 2.81 0.00 1.83 3.07 2.32
79 83 Macedonia (FYR) 47.24 11.20 6.84 8.88 10.00 3.75 0.42 1.78 2.05 2.32
80 79 Algeria 46.89 13.85 7.47 9.35 10.00 0.00 0.04 2.12 1.75 2.32
81 81 Indonesia 46.76 12.08 5.81 8.53 10.00 2.66 0.19 1.92 3.00 2.56
82 84 Guatemala 46.63 11.50 6.20 9.43 10.00 3.54 0.00 2.69 1.80 1.46
83 77 El Salvador 46.52 11.51 4.64 8.67 10.00 3.96 0.23 2.88 2.50 2.13
84 72 Macau 46.16 19.29 10.45 0.00 0.00 7.81 0.00 3.46 2.09 3.05
85 92 St Vincent & the Grenadines 44.18 13.71 6.11 7.98 10.00 3.13 0.00 1.92 1.33 0.00
86 85 Uruguay 43.99 13.28 6.35 5.81 10.00 2.50 0.00 2.69 2.29 1.07
87 114 Albania 43.95 9.73 6.79 9.28 9.82 3.75 0.01 1.78 1.55 1.22
88 87 Serbia 43.54 11.18 6.15 8.59 10.00 2.50 0.00 0.96 1.72 2.44
89 90 Ghana 42.97 12.01 4.12 9.17 9.90 1.88 0.00 2.12 2.31 1.46
90 93 Dominican Republic 42.73 11.29 5.40 9.15 10.00 1.88 0.13 1.83 1.63 1.42
91 109 Argentina 42.58 12.50 6.13 7.84 10.00 1.56 0.12 0.77 1.57 2.07
92 86 St Lucia 42.48 13.84 6.69 8.54 10.00 0.00 0.00 2.12 1.30 0.00
93 103 Armenia 42.31 10.79 5.68 9.04 10.00 3.44 0.27 1.54 1.57 0.00
94 104 Honduras 42.25 10.52 4.94 8.89 9.89 2.50 0.13 2.88 1.58 0.91
95 117 Mongolia 42.00 11.83 4.55 8.93 9.91 2.29 0.01 1.92 1.95 0.61
96 128 Gabon 41.84 10.95 6.29 8.60 10.00 2.50 0.00 0.96 1.93 0.61
97 88 Sri Lanka 41.83 9.20 5.31 9.01 10.00 1.88 0.00 2.21 2.15 2.07
98 89 Pakistan 41.09 8.49 5.20 9.06 10.00 2.08 0.02 1.92 2.25 2.07
99 112 Mozambique 40.83 12.94 3.99 8.79 10.00 1.56 0.00 1.83 1.13 0.61
100 97 Cape Verde 40.80 12.94 3.84 8.70 10.00 1.88 0.00 2.69 0.75 0.00
101 91 Jamaica 40.71 11.12 4.97 7.64 10.00 1.88 0.41 2.31 2.38 0.00
102 111 Lesotho 40.62 12.50 3.54 9.09 10.00 2.50 0.00 2.50 0.50 0.00
103 113 Papua New Guinea 40.48 11.29 4.57 9.24 10.00 2.08 0.00 1.73 0.96 0.61
104 115 Bhutan 40.41 14.76 5.23 8.38 10.00 0.00 0.00 1.73 0.30 0.00
105 119 Nigeria 40.39 8.13 4.97 9.72 9.99 2.50 0.00 1.68 2.25 1.14
106 107 Bosnia-Herzegovina 40.27 8.85 6.04 8.60 10.00 2.50 0.04 1.92 0.00 2.32
107 135 Belarus 40.01 6.35 6.63 9.49 10.00 2.50 0.13 0.58 1.28 3.05
108 94 Seychelles 39.96 10.48 9.10 6.98 9.92 1.25 0.00 1.35 0.88 0.00
109 95 Maldives 39.87 14.69 4.66 8.11 9.68 0.00 0.00 1.92 0.80 0.00
110 130 Equatorial Guinea 39.63 9.12 7.77 9.88 10.00 0.00 0.00 2.12 0.75 0.00
111 129 Uganda 39.58 11.10 3.99 9.55 10.00 1.25 0.00 1.92 0.75 1.02
112 96 Senegal 39.35 12.32 3.88 9.12 8.49 1.88 0.04 1.73 0.88 1.02
113 118 Venezuela 39.30 7.87 5.92 9.35 10.00 2.29 0.00 0.77 1.88 1.22
114 127 Yemen 39.19 9.95 4.26 9.46 10.00 0.63 0.00 1.78 1.59 1.52
115 120 Tanzania 39.05 12.54 3.86 9.16 10.00 0.00 0.00 1.54 1.33 0.61
116 126 Cameroon 38.40 9.43 4.08 9.35 9.70 1.25 0.02 2.12 1.86 0.61
117 105 Kenya 38.38 9.82 4.03 9.23 8.95 1.88 0.00 1.83 1.83 0.81
118 106 Vanuatu 38.33 14.16 2.27 9.28 10.00 0.00 0.00 2.12 0.50 0.00
119 122 Syria 38.28 9.97 5.66 9.52 10.00 0.00 0.00 0.77 1.59 0.76
120 99 Fiji 38.22 8.21 5.50 9.58 10.00 2.50 0.00 1.92 0.50 0.00
121 121 Paraguay 38.09 9.75 4.30 8.90 10.00 0.94 0.09 2.31 1.20 0.61
122 108 Swaziland 38.00 10.91 3.33 9.59 10.00 0.00 0.00 2.88 0.38 0.91
123 100 Tonga 37.91 13.03 2.68 9.15 10.00 0.00 0.00 2.12 0.94 0.00
124 149 Grenada 37.87 11.62 7.87 7.35 8.73 0.63 0.00 0.77 0.90 0.00
125 98 Iran 37.65 7.29 6.10 9.71 10.00 1.88 0.00 1.06 1.00 0.61
126 125 Georgia 37.32 8.64 4.61 8.90 9.73 2.19 0.07 1.30 1.27 0.61
127 116 Lebanon 37.03 7.41 5.73 7.21 10.00 0.78 0.00 1.73 2.48 1.68
128 133 Turkmenistan 36.54 7.80 4.59 9.38 10.00 1.88 0.00 1.28 1.00 0.61
129 102 Dominica 36.34 12.17 6.14 7.23 7.98 0.00 0.00 1.92 0.90 0.00
130 131 Angola 36.32 8.08 6.02 9.46 10.00 0.00 0.00 0.58 1.38 0.81
131 136 Burkina Faso 36.28 9.74 2.85 9.12 10.00 1.25 0.00 2.21 0.50 0.61
132 138 Zambia 36.20 10.16 4.06 8.45 10.00 0.00 0.23 1.35 1.25 0.71
133 124 Bangladesh 36.11 8.57 4.52 9.23 10.00 0.00 0.00 1.83 0.86 1.10
134 134 Mali 36.08 9.99 3.57 9.27 10.00 0.94 0.00 1.54 0.17 0.61
135 110 Samoa 35.94 14.25 3.81 5.51 10.00 0.00 0.00 1.92 0.44 0.00
136 132 Benin 35.82 9.87 2.54 9.33 10.00 1.25 0.00 1.54 0.38 0.91
137 139 Cambodia 35.63 9.72 3.13 8.95 10.00 1.88 0.00 0.58 1.38 0.00
138 141 Djibouti 35.58 10.95 3.72 8.68 10.00 0.00 0.00 1.73 0.50 0.00
139 145 Madagascar 35.28 10.23 2.57 8.83 10.00 1.25 0.00 0.77 1.63 0.00
140 123 Belize 34.74 10.34 4.82 6.76 10.00 1.25 0.00 0.58 1.00 0.00
141 146 Moldova 34.59 8.28 4.09 8.20 8.29 0.63 0.76 1.30 1.22 1.83
142 137 Uzbekistan 34.41 6.82 4.09 8.90 10.00 0.00 0.00 1.30 2.08 1.22
143 143 Nepal 34.30 7.39 4.32 9.11 10.00 0.00 0.00 1.92 0.94 0.61
144 140 Bolivia 34.07 7.26 4.32 8.66 10.00 0.83 0.09 1.06 1.25 0.61
145 148 Niger 33.70 8.57 2.94 9.13 10.00 0.00 0.00 1.73 1.33 0.00
146 144 Ecuador 33.66 7.52 4.52 8.11 10.00 0.31 0.40 0.58 1.42 0.81
147 150 Ethiopia 32.98 8.00 2.77 9.19 10.00 0.00 0.00 1.06 0.75 1.22
148 155 Mauritania 32.14 9.74 3.17 7.66 10.00 0.00 0.00 0.58 0.38 0.61
149 166 Gambia 32.00 10.34 3.06 6.75 10.00 0.00 0.00 0.96 0.88 0.00
150 152 Nicaragua 31.92 7.61 3.56 7.95 10.00 0.63 0.00 1.35 0.83 0.00
151 159 Côte d’Ivoire 31.89 6.81 3.78 8.22 10.00 0.00 0.00 1.35 1.13 0.61
152 157 Togo 31.49 9.71 2.58 8.24 10.00 0.00 0.00 0.58 0.38 0.00
153 172 Kyrgyz Republic 31.28 8.32 3.34 7.85 9.87 0.00 0.37 0.58 0.96 0.00
154 147 Guyana 31.18 8.74 4.06 6.91 10.00 0.00 0.00 0.58 0.90 0.00
155 162 Chad 30.90 6.71 3.11 8.65 10.00 0.00 0.00 0.58 0.63 1.22
156 156 Sudan 30.84 5.73 3.71 8.60 10.00 0.00 0.00 0.58 0.70 1.52
157 158 Rwanda 30.60 7.56 1.54 9.36 9.21 0.63 0.00 1.92 0.38 0.00
Tags Surveys and Awards

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access

Related

Tailor-made banking from high school to retirement

Sponsored by CaixaBank

Corporate banking

Defining a primary cash management provider

Bank-backed stablecoins: a new chapter for payments in Europe?

Sponsored by CaixaBank

2026 Economic Outlook: Impact on Treasury

Sponsored by HSBC