#	Country	Composite	Change	Political	Macro	Security	Climate
1	Yemen	82		98	71	70	97
2	Afghanistan	80		98	44	77	84
3	DR Congo	80		93	41	86	92
4	Mali	80		93	38	76	92
5	Myanmar	80		98	61	86	85
6	Somalia	80		96	63	84	50
7	Sudan	80		98	77	72	49
8	Syria	80		96	31	85	80
9	Iraq	78		86	59	84	89
10	Haiti	75		90	50	75	83
11	Venezuela	74		92	69	63	70
12	Pakistan	73	+1	85	59	71	78
13	Central African Republic	71		91	47	83	49
14	Lebanon	71	-1	82	70	73	62
15	Mozambique	71		82	76	59	87
16	Angola	70		74	58	57	86
17	Iran	70		89	59	71	49
18	North Korea	70		78		43	65
19	South Sudan	70		95	49	70	0
20	Burundi	69		89	63	63	48
21	Cameroon	69		86	48	71	38
22	Ethiopia	69		86	54	79	76
23	Libya	69		92	55	61	75
24	Guinea	68		82	50	69	74
25	Nigeria	68		84	47	85	42
26	Eritrea	67		89	53	58	50
27	Liberia	67	+1	66	60	63	89
28	Republic of the Congo	67		81	57	50	93
29	Sierra Leone	67		73	59	51	94
30	Burkina Faso	66		86	39	75	83
31	Kenya	66		70	57	64	74
32	Madagascar	66		75	58	45	82
33	Zimbabwe	66		85	46	63	45
34	Equatorial Guinea	65		80	61	33	90
35	Papua New Guinea	65		71	43	58	93
36	Bolivia	64		64	73	54	66
37	Chad	64		89	28	71	50
38	Laos	64		62	62	63	70
39	Malawi	64		62	72	43	88
40	Bangladesh	63	+1	76	53	44	78
41	Uganda	63		76	54	64	44
42	Ukraine	63		65	75	86	15
43	West Bank and Gaza	63	+1	90	69	45
44	Côte d'Ivoire	62		71	43	57	72
45	Egypt	62		79	62	53	56
46	Guinea-Bissau	62		81	57	22	95
47	Honduras	62		70	49	82	36
48	Mauritania	62		77	49	47	96
49	Mexico	62		67	57	68	68
50	The Gambia	62		59	58	52	87
51	Togo	62		80	44	54	69
52	Niger	61		86	34	77	46
53	Sri Lanka	61		56	65	66	64
54	Colombia	60		67	63	79	20
55	Eswatini	60		81	37	51	73
56	Russia	60		82	50	80	12
57	Lesotho	59		60	51	51	79
58	Nepal	59		69	33	67	36
59	Philippines	59		64	53	65	75
60	Turkmenistan	59		73	41	48	77
61	Zambia	59		61	58	46	78
62	Gabon	58	+1	63	47	47	66
63	India	58		58	50	71	77
64	Tunisia	58		72	64	62	29
65	Nicaragua	57		76	37	58	30
66	Comoros	56		75	44	31	79
67	Ecuador	56		64	48	59	63
68	Türkiye	56		74	56	58	14
69	Algeria	55		73	43	48	51
70	Benin	55		64	47	48	76
71	Cambodia	55		64	48	50	34
72	Djibouti	55		76	33	44	43
73	El Salvador	55	+1	60	53	65	31
74	Indonesia	55		62	42	53	70
75	Belarus	54		77	55	56	14
76	Bosnia and Herzegovina	54		65	48	58	20
77	Guatemala	54		67	30	65	32
78	Northern Mariana Islands	54			40	97
79	Rwanda	54		52	64	43	37
80	São Tomé and Príncipe	54		51	74	34	70
81	South Africa	54		53	59	67	30
82	Tajikistan	54		77	32	54	50
83	Tanzania	54		69	47	45	36
84	Azerbaijan	53		64	41	67	40
85	Maldives	53		59	72	22	64
86	Suriname	53	+1	42	74	46	53
87	Brazil	52	-2	56	59	63	19
88	Ghana	52		48	46	54	57
89	Kyrgyzstan	52		68	51	46	36
90	Paraguay	52		54	44	61	46
91	Senegal	52		51	65	43	68
92	Belize	51		41	56	57	30
93	Kosovo	51		57	52	53
94	Namibia	51		39	58	52	70
95	Thailand	51	+1	62	39	57	72
96	Cuba	50		63	21	60	76
97	Jamaica	50		38	65	57	24
98	Timor-Leste	50		45	29	53	84
99	Bahrain	49	+1	64	65	31	45
100	British Virgin Islands	49				42
101	Morocco	49		65	35	54	47
102	New Caledonia	49		46	88	19
103	Panama	49		42	45	64	24
104	Solomon Islands	49		45	39	33	80
105	Uzbekistan	49		63	45	45	33
106	Vietnam	49		58	33	60	54
107	Jordan	48		61	53	38	41
108	Serbia	48	+1	61	44	38	55
109	Trinidad and Tobago	48	+1	38	49	49	52
110	United States	48		41	69	59	40
111	Argentina	47		43	70	35	20
112	Armenia	47		62	50	47	31
113	China	47		59	37	43	66
114	Georgia	47		60	45	57	25
115	Guyana	47		48	27	62	54
116	Moldova	47		50	62	50	18
117	Peru	47	-1	63	38	56	23
118	Fiji	46		30	63	41	50
119	Kuwait	46		50	40	48	43
120	Saudi Arabia	46		59	49	45	37
121	Botswana	45		28	40	56	58
122	Dominica	45		32	65	49	19
123	Kazakhstan	45	+1	62	46	44	23
124	Mongolia	45		45	52	44	41
125	Bhutan	44		22	63	40	59
126	Cabo Verde	44		26	43	45	57
127	Dominican Republic	44		41	52	48	26
128	North Macedonia	44		43	52	48	34
129	Romania	44		41	71	47	12
130	French Polynesia	43		31	66	23
131	Guam	43		14	60	50	87
132	Kiribati	43		29	47	43	69
133	Saint Lucia	43		25	63	43	30
134	Bulgaria	42		45	49	36	24
135	Greece	42		37	66	38	44
136	The Bahamas	42		25	61	42	22
137	Vanuatu	42		41	39	24	41
138	Albania	41		45	41	43	33
139	Antigua and Barbuda	41		24	61	28	47
140	Mauritius	41		25	63	39	37
141	Montenegro	41		37	62	38	18
142	Saint Vincent and the Grenadines	41		25	60	35	32
143	Chile	40		32	54	62	8
144	Malaysia	40		39	36	40	49
145	Micronesia	40	+1	22	44	19	85
146	Puerto Rico	40	-2	49	44	31
147	US Virgin Islands	40		27	4	92
148	Barbados	39	+1	16	63	46	19
149	Greenland	39		18	42	67
150	Grenada	39	-1	29	52	29	25
151	Israel	39		53	32	62	18
152	Spain	39		29	57	39	56
153	France	38		33	56	37	51
154	Oman	38		47	30	37	42
155	Tonga	38		26	43	28	81
156	Tuvalu	38		25	32	32	61
157	Cayman Islands	37		10	73	29
158	Croatia	37		29	60	48	11
159	Naoero	37		29	39	34	31
160	Saint Kitts and Nevis	37		24	63	33	21
161	Samoa	37		21	30	43	75
162	Seychelles	37		22	49	32	44
163	United Arab Emirates	37		37	51	34	29
164	Hungary	36	+1	41	49	35	10
165	Marshall Islands	36		25	39	18	53
166	Qatar	36		38	46	23	34
167	Turks and Caicos Islands	36				45
168	Slovakia	35		30	60	30	10
169	Belgium	34		26	65	25	43
170	Costa Rica	34		20	43	51	14
171	Italy	33		27	53	26	7
172	Uruguay	33	-2	13	56	38	14
173	Bermuda	32		15	51	38	0
174	Cyprus	32		31	53	19	20
175	Latvia	32		23	54	33	17
176	Palau	32		23	40	35	26
177	United Kingdom	32		25	63	31	2
178	American Samoa	31		13	22	51
179	Brunei	31	+1	28	20	33	42
180	Lithuania	31		17	53	40	16
181	Canada	30		14	61	28	2
182	Germany	30		24	52	33	0
183	Japan	30		8	50	33	53
184	Poland	30	+1	28	44	32	6
185	Portugal	29		21	50	33	8
186	Australia	27	+1	16	60	23	5
187	Faroe Islands	27	+1		30	47
188	Hong Kong	27		33	20	34
189	New Zealand	27		7	53	38	6
190	Gibraltar	26	+1			40
191	Singapore	26		18	39	36	3
192	Estonia	25		15	43	28	13
193	Slovenia	25		20	48	22	6
194	South Korea	25		20	33	32	2
195	Austria	24	-1	20	52	18	3
196	Curacao	24	-3		10	33
197	Finland	24	+1	10	55	26	1
198	Ireland	24		15	49	24	6
199	Malta	24	-1	21	33	16	22
200	Monaco	24		12		29	7
201	Czechia	23		15	39	27	5
202	Netherlands	23		19	40	28	6
203	San Marino	23		10	46	34	0
204	Taiwan	23	+1	16	7	47	0
205	Andorra	22		11	40	18	12
206	Aruba	21	-2	13	28	14
207	Macao	21		30	13	6
208	Iceland	20	-1	7	59	9	10
209	Luxembourg	20		7	41	13	4
210	Norway	20	+1	8	41	26	0
211	Sweden	20		13	29	35	2
212	Liechtenstein	17		4	25	27	0
213	Switzerland	17		8	28	15	1
214	Denmark	15		13	19	24	2

Source: Tamarly Risk Atlas, from official and open data (World Bank, IMF, ILOSTAT, USGS, GDACS and others).

Research from public records, not investment advice. Tamarly holds no investment positions. By reading these pages you accept the Terms of Use; figures can be late or wrong, so check the linked source before relying on one. Terms and policies.