Country risk 2009: No more safe havens?
Country risk 2009: Full results
To obtain the overall country risk score, Euromoney assigns a weighting to nine categories. These are political risk (25% weighting), economic performance (25%), debt indicators (10%), debt in default or rescheduled (10%), credit ratings (10%), access to bank finance (5%), access to short-term finance (5%), access to capital markets (5%), forfaiting (5%).
• Political risk (25% weighting): the risk of non-payment or non-servicing of payment for goods or services, loans, trade-related finance and dividends, and the non-repatriation of capital. Risk analysts give each country a score between 10 and zero – the higher, the better.
• Economic performance (25%): based (1) on GNI (Atlas Method) figures per capita and (2) on results of Euromoney poll of economic projections.
• Access to bank finance (5%): calculated from disbursements of private, long-term, un-guaranteed loans as a percentage of GNP. Source: World Bank’s Global Development Finance 2006.
• Debt indicators (10%): calculated using these ratios from the World Bank’s Global Development Finance 2007: total debt stocks to GNP (A), debt service to exports (B); current account balance to GNP (C). Developing countries that do not report complete debt data get a score of zero.