Country Risk Map Q4 2017

The country risk map reflects the overall acceleration and improvement of the global economy. Yet there is much divergence among individual countries and specific economies. In the medium-term (grades AA to D) various macroeconomic, business environment and political risks have an effect. In the short-term (scale from 1 to 4) financial and cyclical elements play a crucial role. The map reflects all this with 3 country rating upgrades and 2 downgrades.​