Country risk: How the mighty are falling
Country risk: Reasons for big changes
| Rank: Sep | Rank: Dec | Change: Sept-Dec | Total score | Political risk | Economic performance | Debt indicators | Debt in default or rescheduled | Credit ratings | Access to bank finance | Access to short-term finance | Access to capital markets | Discount on forfaiting | |
| 98 | 97 | Weighting: | 100 | 25 | 25 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | |
| 1 | 2 | 1 | Luxembourg | 98.9 | 24.76 | 25 | 10 | 10 | 10 | 5 | 5 | 5 | 4.14 |
| 2 | 1 | -1 | United States | 97.85 | 24.97 | 22.88 | 10 | 10 | 10 | 5 | 5 | 5 | 5 |
| 3 | 6 | 3 | Germany | 97.06 | 24.89 | 22.21 | 10 | 10 | 10 | 5 | 5 | 5 | 4.96 |
| 4 | 3 | -1 | Netherlands | 96.92 |