Country Insights Update

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April 23, 2024

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Country Risk in MENA
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April 23, 2024 9:00 AM UTC

Country risk in Middle East and North Africa is impacted by the ongoing war in Gaza.     

April 22, 2024

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EM Europe/CIS: Country Risk Ratings
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April 22, 2024 9:00 AM UTC

We provide country risk reviews for EM Europe/CIS countries including Russia and Ukraine. 

April 19, 2024

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Sub Sahara Africa: Country Risk Ratings
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April 19, 2024 9:00 AM UTC

We provide country risk reviews for Sub Sahara Africa countries including S Africa/Nigeria/Ethophia/Sudan and Angola/DRC.  

April 18, 2024

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Central and Latin America: Country Risk Ratings
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April 18, 2024 9:00 AM UTC

We provide country risk reviews for Central America countries including Brazil/Mexico/Peru/Argentina/Cuba and El Salvador.  

April 17, 2024

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Asia Country Risk Ratings
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April 17, 2024 3:00 PM UTC

We provide country risk reviews for Asia countries including China, India, Indonesia, Malaysia, Philippines, Thailand and Taiwan.  

March 11, 2024

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Central America: Country Risk Ratings
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March 11, 2024 11:00 AM UTC

We provide country risk reviews for Central America countries including Cuba and El Salvador.  

March 08, 2024

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Country Risk in MENA
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March 8, 2024 11:00 AM UTC

Country risk in Middle East and North Africa is impacted by the ongoing war in Gaza.     

March 07, 2024

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Sub Sahara Africa: Country Risk Ratings
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March 7, 2024 11:00 AM UTC

We provide country risk reviews for Sub Sahara Africa countries including Ethophia/Sudan and Angola/DRC.  

March 06, 2024

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Asia Country Risk Ratings
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March 6, 2024 11:00 AM UTC

We provide country risk reviews for Asia countries including China, Malaysia, Philippines and Taiwan.  

February 28, 2024

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2023 Q4 Shadow Credit Ratings to download in Excel
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February 28, 2024 11:50 AM UTC

Below is the access to our latest Shadow Sovereign Credit Ratings.

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2023 Q4 Country Insights Scores to download in Excel
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February 28, 2024 11:50 AM UTC

Below is the access to our full range of scores across 174 countries.

January 25, 2024

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The war in Gaza and Country Risk in MENA
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January 25, 2024 11:00 AM UTC

Country risk in Middle East and North Africa is impacted by the ongoing war in Gaza, though we feel that the war will likely come to an end in the coming months.    

January 22, 2024

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Latin and Central America: Country Risk Ratings
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January 22, 2024 10:00 AM UTC

We provide country risk reviews for Latin and Central America countries including Argentina, Brazil, Chile and Mexico.  

January 19, 2024

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Middle East and North Africa: Country Risk Ratings
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January 19, 2024 10:00 AM UTC

We provide country risk reviews for Middle East and North Africa including Saudi Arabia, Iran and Egypt.  

January 18, 2024

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Chile Constitution Progress Remains Slow
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January 18, 2024 8:30 PM UTC

Progress on changing Chile constitution remains slow.

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EM Europe/CIS: Country Risk Ratings

January 18, 2024 10:00 AM UTC

We provide country risk reviews for EM Europe/CIS countries including Russia, Ukraine and Turkey. 

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Hong Kong Political Risk Remain
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January 18, 2024 4:00 AM UTC

Hong Kong is assigned a medium-low overall risk, with political violence at the same risk level.

January 17, 2024

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Saudi Iran Relations Help Cools Major Risk
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January 17, 2024 8:00 PM UTC

Saudi Arabia less hostile relationship with Iran is curtailing the risk of a major war in the Middle East.  

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Sub Sahara Africa: Country Risk Ratings
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January 17, 2024 10:00 AM UTC

We provide country risk reviews for Sub Sahara Africa countries including S Africa.  

January 16, 2024

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Asia Country Risk Ratings
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January 16, 2024 11:57 AM UTC

We provide country risk reviews for Asia countries including India, Indonesia, Malaysia and Taiwan.  

November 30, 2023

2023 Q3 Shadow Credit Ratings to download in Excel
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November 30, 2023 11:18 AM UTC

We produce Shadow Credit Ratings for 162 countries, comparable to official credit rating agencies.
The ratings are based on our Country Strength Index, which is our most comprehensive assessment across our full range of Country Insights data. The ratings are consistent with our 2023-Q3 Country Insigh

2023 Q3 Country Insights Scores to download in Excel
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November 30, 2023 11:17 AM UTC

The scores file allows for comparison with other periods and ranking for all countries across the headline indicators and are available as easily accessible time series. For more details see our methodology document. 

October 23, 2023

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Asia and Elections: Country Risk
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October 23, 2023 7:29 AM UTC

Asia Regional Overview
India continues to be an investor haven supported by strong economic growth and stable policy guidance. The political environment is heating up in India as well, as the country prepares for regional elections in five states in end-2023 and then for the larger general elections

October 20, 2023

Asia Country Risk Ratings
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October 20, 2023 3:21 PM UTC

Cambodia
Cambodia’s overall risk level remains medium high. Samdech Hun Sen remains the prime minister of the country and leader of Cambodia’s People Party (CPP) and has been since 1985. Hun Sen won the 2023 election with a 76.85%, winning 120 out of the 125 seats. The leader of the Cambodia Nati

Middle East and North Africa: Country Risk Ratings
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October 20, 2023 3:18 PM UTC

Algeria
Algeria’s overall risk remains medium high. Since Abdelmadjid Tebboune assumed office in December 2019, a series of popular policies have been implemented, contributing to an enhancement of government and political stability. Notwithstanding, a number of challenges persist, making political

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Middle East and North Africa: Country Risk Grows
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October 20, 2023 8:49 AM UTC

 It is also feasible that Hezbollah in South Lebanon could be drawn into the conflict depending on how the situation in Gaza and Israel develops. Israel is also likely to retaliate against Iran at a later date, due to intense political pressures in Israel. This is most probably to involve attacks o

October 19, 2023

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EM Europe/CIS: Country Risk Ratings

October 19, 2023 10:33 AM UTC

Armenia
Armenia’s overall risk level remains medium high. Vahagn Khachaturyan continues to be the president of Armenia after being in elected in March 2022, after the resignation of his predecessor. Political violence remains medium high and political interference and legal & regulatory risk at a m

Africa: Country Risk Ratings
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October 19, 2023 9:19 AM UTC

Angola
Angola’s overall risk has decreased to a medium high level. In 2022 Lourenco was re-elected, after the previous presidency of Jose dos Santos that had lasted 38 years up to 2017. The new government has tried to increase investment from abroad through various policies, such as fiscal consolid

Eastern Europe and CIS: Country Risk
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October 19, 2023 9:02 AM UTC

Eastern Europe and CIS Regional Overview
The main issue across the Eastern Europe and CIS region is still the Russia - Ukraine war, which remains deadlocked. Taking into account that the winter is arriving (as Russia prefers to keep low level activity during the winter time), in addition to Russia’

October 18, 2023

Latin and Central America: Country Risk
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October 18, 2023 9:23 AM UTC

Latin and Central America Regional Overview
During the last quarter, Brazil experienced a period of relative stability with no major significant events. President Lula has maintained his position of authority, while the opposition forces remain comparatively subdued. Some changes in the cabinet were

October 17, 2023

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Sub Sahara Africa: Country Risk
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October 17, 2023 2:19 PM UTC

South Africa economic problems remain acute with large power cuts during the winter season and the logistic and transport crisis restraining production and exports. The government is trying to make progress on both fronts, but progress remains slow. Though the G7 and China has separately offered hel

August 29, 2023

2023 Q2 Shadow Credit Ratings to download in Excel
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August 29, 2023 4:26 PM UTC

We produce Shadow Credit Ratings for 162 countries, comparable to official credit rating agencies.
The ratings are based on our Country Strength Index, which is our most comprehensive assessment across our full range of Country Insights data. The ratings are consistent with our 2023 Q2 Country Insigh

2023 Q2 Country Insights Scores to download in Excel
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August 29, 2023 4:25 PM UTC

The scores file allows for comparison with other periods and ranking for all countries across the headline indicators and are available as easily accessible time series.  For more details see our methodology document. 

July 21, 2023

Asia: Election Fever and High Inflation Impact
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July 21, 2023 7:26 AM UTC

Alongside India, its neighbor Pakistan’s elections are due in October, which will likely stoke violence there. Indonesia too is gearing up for elections in early 2024 and the political landscape there is also tense. In the past quarter, political risks were elevated in Asia given unpopular policie

Asia Country Risk Ratings
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July 21, 2023 7:15 AM UTC

Afghanistan
Afghanistan has a very-high overall risk. The Islamic Emirate of Afghanistan (ruling political entity) is under the leadership of the Taliban, a predominantly Pashtun, and Islamic fundamentalist political movement. The presence of ethnic fragmentation, Islamic terrorist movement and human

July 20, 2023

Africa: Politics and Reform
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July 20, 2023 1:02 PM UTC

South Africa remains in the spotlight, both due to problems relating to the Ukraine war and also the approaching 2024 general election (scheduled between May and August). The government is investigating U.S. claims that arms were shipped to Russia from a naval base, though the U.S. has downplayed th

Ukraine War Dominates the Region
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July 20, 2023 7:31 AM UTC

Eastern Europe and CIS Regional Overview
In Russia, Wagner Group’s mutiny on June 23, which involved Wagner forces marching towards Moscow and taking control of military facilities in two Russian cities, tipped the scales and weakened President Putin’s authority. Despite Putin announcing on July

EM Europe/CIS Country Risk Ratings
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July 20, 2023 7:29 AM UTC

Albania
Albania has a medium overall risk. Political leadership is stable in Albania, with the Socialist Party of Albania retaining election for the third consecutive term in April 2021. The government are expected to serve its term in its entirety, with the next election in 2025. However, high food

July 19, 2023

Middle East: Country Risk Ratings
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July 19, 2023 2:15 PM UTC

Bahrain
Bahraini overall risk has fallen from medium-high to medium. Social unrest remains a challenge in Bahrain, due to its Shia Muslim population’s long-drawn discontent with the Sunni ruling Al Khalifa royal family. The Sunni ruling Al Khalifa royal family holds the main political and military

Latin and Central America: Political and Other Risks
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July 19, 2023 7:20 AM UTC

Latin and Central America Regional Overview
In Brazil, a significant development unfolded recently with the disqualification of former President Jair Bolsonaro, making headlines across the country. The Superior Electoral Tribunal found him guilty of misusing official communication and engaging in ec

June 01, 2023

2023Q1 Investment Attractiveness Scores Reveal Struggles
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June 1, 2023 3:30 PM UTC

Developed Markets: DM investment attractiveness scores have deteriorated over the past quarter. Looking forward, in some countries, one factor to consider is the government debt trajectory, which could trigger sovereign risk and long-term interest-rate risks. For example, France would be unable to

May 26, 2023

2023 Q1 Shadow Credit Ratings to download in Excel
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May 26, 2023 3:23 PM UTC

We produce Shadow Credit Ratings for 162 countries, comparable to official credit rating agencies.
The ratings are based on our Country Strength Index, which is our most comprehensive assessment across our full range of Country Insights data. The ratings are consistent with our 2023 Q1 Country Insigh

2023 Q1 Country Insights Scores to download in Excel
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May 26, 2023 3:21 PM UTC

These links provide access to our full range of scores across 174 countries.
The scores file allows for comparison with other periods and ranking for all countries across the headline indicators and are available as easily accessible time series.  For more details see our methodology document. 

April 14, 2023

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MENA and The Iran/Saudi Arabia Agreement

April 14, 2023 7:43 AM UTC

Figure 1: Iran and Saudi Arabia GDP forecasts
Source: IMF 
Foreign ministers have already meet in Beijing in early April and Iran’s President Raisi is planning a trip to Saudi Arabia. Saudi Arabia’s motivation is to promote regional peace, which in turn will help foreign funding to the vision 203