Multi-dimensional risk scoring across political, currency, regulatory, and climate dimensions for 81 developing economies. Scores from 0 (lowest risk) to 100 (highest risk).
| # | Country | Political | Currency | Regulatory | Climate | Score | Tier |
|---|---|---|---|---|---|---|---|
| 1 | Georgia | 22.1 | 30.1 | 12.4 | 37.5 | 24.8 | Low Risk |
| 2 | Kazakhstan | 27.5 | 23.4 | 18.8 | 34.0 | 25.6 | Low Risk |
| 3 | Malaysia | 23.6 | 40.8 | 14.2 | 30.0 | 26.8 | Low Risk |
| 4 | Azerbaijan | 30.2 | 22.4 | 21.9 | 36.0 | 27.3 | Low Risk |
| 5 | Turkey | 29.9 | 32.6 | 21.6 | 29.0 | 28.3 | Low Risk |
| 6 | Thailand | 26.3 | 38.5 | 17.4 | 34.0 | 28.6 | Low Risk |
| 7 | Poland | 32.0 | 36.2 | 24.0 | 26.0 | 29.9 | Low Risk |
| 8 | China | 29.3 | 44.9 | 20.9 | 29.0 | 31.0 | Low Risk |
| 9 | Serbia | 33.2 | 32.5 | 25.4 | 35.0 | 31.4 | Low Risk |
| 10 | Moldova | 34.4 | 29.1 | 26.8 | 41.0 | 32.5 | Low Risk |
| 11 | Armenia | 34.1 | 33.4 | 26.4 | 39.0 | 33.0 | Low Risk |
| 12 | Chile | 37.7 | 30.6 | 30.6 | 37.5 | 34.1 | Low Risk |
| 13 | Romania | 36.5 | 39.6 | 29.2 | 32.5 | 34.7 | Low Risk |
| 14 | Qatar | 43.1 | 24.0 | 37.0 | 32.5 | 34.7 | Low Risk |
| 15 | Oman | 40.4 | 28.0 | 33.8 | 40.0 | 35.6 | Moderate Risk |
| 16 | Kuwait | 44.9 | 17.8 | 39.0 | 41.0 | 35.9 | Moderate Risk |
| 17 | Indonesia | 41.9 | 28.6 | 35.5 | 38.0 | 36.2 | Moderate Risk |
| 18 | Vietnam | 41.0 | 31.2 | 34.5 | 37.5 | 36.2 | Moderate Risk |
| 19 | Morocco | 35.9 | 41.0 | 28.6 | 41.0 | 36.4 | Moderate Risk |
| 20 | Mexico | 38.0 | 36.6 | 31.0 | 41.0 | 36.5 | Moderate Risk |
| 21 | Uzbekistan | 40.7 | 31.8 | 34.1 | 40.0 | 36.7 | Moderate Risk |
| 22 | Rwanda | 31.4 | 40.5 | 23.3 | 61.0 | 37.6 | Moderate Risk |
| 23 | Peru | 42.8 | 28.1 | 36.6 | 46.0 | 38.2 | Moderate Risk |
| 24 | Kyrgyzstan | 44.0 | 31.6 | 38.0 | 44.0 | 39.4 | Moderate Risk |
| 25 | Colombia | 40.1 | 38.5 | 33.5 | 47.5 | 39.5 | Moderate Risk |
| 26 | Costa Rica | 42.2 | 36.5 | 35.9 | 44.0 | 39.6 | Moderate Risk |
| 27 | Panama | 45.8 | 35.4 | 40.1 | 41.0 | 40.8 | Moderate Risk |
| 28 | Jordan | 42.5 | 42.8 | 36.2 | 42.5 | 41.0 | Moderate Risk |
| 29 | Kenya | 36.8 | 43.6 | 29.6 | 60.0 | 41.3 | Moderate Risk |
| 30 | India | 38.9 | 47.2 | 32.0 | 50.0 | 41.5 | Moderate Risk |
| 31 | Mongolia | 44.3 | 35.4 | 38.4 | 49.0 | 41.5 | Moderate Risk |
| 32 | Guatemala | 48.8 | 25.5 | 43.6 | 51.0 | 42.1 | Moderate Risk |
| 33 | Tunisia | 43.4 | 44.8 | 37.3 | 45.0 | 42.5 | Moderate Risk |
| 34 | Uruguay | 50.3 | 35.4 | 45.4 | 41.0 | 43.5 | Moderate Risk |
| 35 | Tajikistan | 51.8 | 27.6 | 47.1 | 47.5 | 43.7 | Moderate Risk |
| 36 | Philippines | 48.5 | 40.5 | 43.2 | 44.0 | 44.3 | Moderate Risk |
| 37 | South Africa | 45.2 | 43.9 | 39.4 | 50.0 | 44.4 | Moderate Risk |
| 38 | Ukraine | 39.2 | 68.9 | 32.4 | 40.0 | 45.1 | Moderate Risk |
| 39 | Nepal | 48.2 | 34.6 | 42.9 | 60.5 | 45.9 | Moderate Risk |
| 40 | Dominican Republic | 54.5 | 32.6 | 50.2 | 47.5 | 46.6 | Moderate Risk |
| 41 | Bhutan | 46.7 | 46.5 | 41.2 | 57.5 | 47.4 | Moderate Risk |
| 42 | Fiji | 50.6 | 45.6 | 45.7 | 47.5 | 47.5 | Moderate Risk |
| 43 | Paraguay | 57.5 | 28.1 | 53.8 | 51.0 | 47.9 | Moderate Risk |
| 44 | Togo | 49.1 | 39.1 | 43.9 | 67.5 | 49.0 | Moderate Risk |
| 45 | Ecuador | 58.7 | 33.9 | 55.1 | 47.5 | 49.4 | Moderate Risk |
| 46 | Côte d'Ivoire | 53.0 | 38.7 | 48.5 | 62.0 | 50.1 | Moderate Risk |
| 47 | Egypt | 54.2 | 49.0 | 49.9 | 46.0 | 50.2 | Moderate Risk |
| 48 | Argentina | 57.8 | 39.5 | 54.1 | 47.5 | 50.2 | Moderate Risk |
| 49 | Papua New Guinea | 56.0 | 37.5 | 52.0 | 55.0 | 50.2 | Moderate Risk |
| 50 | Cambodia | 63.2 | 26.9 | 60.4 | 47.5 | 50.3 | Moderate Risk |
| 51 | Uganda | 54.8 | 34.6 | 50.6 | 65.0 | 50.7 | Moderate Risk |
| 52 | Zambia | 45.5 | 57.0 | 39.8 | 66.0 | 51.0 | Moderate Risk |
| 53 | Pakistan | 52.4 | 49.0 | 47.8 | 56.0 | 51.1 | Moderate Risk |
| 54 | Sri Lanka | 49.7 | 58.0 | 44.6 | 52.5 | 51.1 | Moderate Risk |
| 55 | Malawi | 52.7 | 43.6 | 48.2 | 69.0 | 52.5 | Moderate Risk |
| 56 | Brazil | 57.2 | 52.0 | 53.4 | 46.0 | 52.7 | Moderate Risk |
| 57 | Nigeria | 59.3 | 34.6 | 55.9 | 65.0 | 53.4 | Moderate Risk |
| 58 | Senegal | 56.9 | 43.8 | 53.0 | 62.5 | 53.8 | Moderate Risk |
| 59 | Tanzania | 62.3 | 32.9 | 59.3 | 64.5 | 54.7 | Moderate Risk |
| 60 | Benin | 64.7 | 31.7 | 62.1 | 66.0 | 56.1 | High Risk |
| 61 | Myanmar | 69.5 | 32.8 | 67.8 | 51.0 | 56.2 | High Risk |
| 62 | Algeria | 67.1 | 42.1 | 65.0 | 47.5 | 56.4 | High Risk |
| 63 | Mali | 64.4 | 31.4 | 61.8 | 69.0 | 56.4 | High Risk |
| 64 | Ghana | 55.4 | 59.5 | 51.3 | 61.0 | 56.5 | High Risk |
| 65 | Laos | 66.2 | 43.5 | 63.9 | 50.0 | 56.7 | High Risk |
| 66 | Zimbabwe | 62.0 | 39.5 | 59.0 | 67.5 | 56.7 | High Risk |
| 67 | Bolivia | 65.0 | 46.1 | 62.5 | 52.5 | 57.1 | High Risk |
| 68 | Ethiopia | 67.7 | 33.0 | 65.7 | 64.0 | 57.8 | High Risk |
| 69 | Iraq | 71.6 | 32.1 | 70.2 | 55.0 | 58.1 | High Risk |
| 70 | Madagascar | 68.3 | 28.4 | 66.3 | 70.0 | 58.2 | High Risk |
| 71 | Bangladesh | 70.4 | 34.3 | 68.8 | 57.5 | 58.4 | High Risk |
| 72 | Bangladesh | 70.4 | 34.3 | 68.8 | 57.5 | 58.4 | High Risk |
| 73 | Afghanistan | 71.9 | 22.9 | 70.5 | 67.5 | 58.4 | High Risk |
| 74 | Burkina Faso | 65.3 | 36.6 | 62.9 | 70.0 | 58.5 | High Risk |
| 75 | Libya | 75.8 | 22.0 | 75.1 | 57.5 | 58.5 | High Risk |
| 76 | Cameroon | 70.1 | 29.9 | 68.4 | 65.0 | 58.6 | High Risk |
| 77 | Mozambique | 61.4 | 47.8 | 58.3 | 69.0 | 58.7 | High Risk |
| 78 | DR Congo | 74.9 | 21.6 | 74.0 | 71.0 | 60.6 | High Risk |
| 79 | Angola | 73.1 | 37.0 | 72.0 | 67.5 | 62.7 | High Risk |
| 80 | Lebanon | 62.9 | 76.0 | 60.0 | 52.5 | 63.4 | High Risk |
| 81 | Yemen | 76.1 | 40.5 | 75.5 | 62.5 | 64.3 | High Risk |