Country risk rating

C3

SENSITIVE RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD0.855bn (World ranking 194, World Bank 2020)
Population 0.307mn (World ranking 176, World Bank 2020)
Form of state Parliamentary Republic
Head of government Bob Loughman (Prime Minister)
Next elections 2025, legislative
  • Low overall tax burden for businesses
  • Moderate inflation since 2010
  • Political instability, with weak coalition governments and with frequent no-confidence votes
  • Vulnerability to natural disasters (volcanism, cyclones, tsunamis)
  • Small economy dependent on agriculture and tourism
  • Dependence on foreign aid, notably for infrastructure investment
  • Weak business environment
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