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 | A4 | 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 |
| Ethiopia | C | D |
| Gabon | C | D |
| Gambia | C | C |
| Ghana | C | B |
| Guinea | C | D |
| Kenya | C | A4 |
| Liberia | D | D |
| Libya | E | E |
| Madagascar | C | C |
| Malawi | D | D |
| Mali | D | D |
| Mauritania | C | C |
| Mauritius | A4 | A3 |
| Morocco | B | A4 |
| Mozambique | D | D |
| Namibia | B | 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 | D | B |
| El Salvador | D | B |
| Guatemala | C | C |
| Guyana | C | C |
| 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 |
| Bangladesh | C | C |
| Cambodia | C | B |
| China | B | B |
| Hong Kong, S.A.R. | A3 | A1 |
| India | B | B |
| 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 | B | B |
| Azerbaijan | B | C |
| Georgia | B | A3 |
| Kazakhstan | B | C |
| Kyrgyzstan | C | 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 | C | C |
| Austria | A3 | A1 |
| Belarus | D | D |
| Belgium | A2 | A1 |
| Bosnia and Herzegovina | C | B |
| Bulgaria | B | A3 |
| Croatia | A3 | A2 |
| Cyprus | B | A3 |
| Czechia (Czech Republic) | A4 | A2 |
| Denmark | A1 | 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 | A2 | A2 |
| Romania | A4 | A3 |
| Serbia | C | A4 |
| Slovakia | A4 | A2 |
| Slovenia | A3 | A1 |
| Spain | A2 | A1 |
| Sweden | A3 | A1 |
| Switzerland | A1 | 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 | C | A4 |
| Iran, Islamic Republic of | E | D |
| Iraq | E | E |
| Israel | A3 | 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
