Table 2B

An Extract from International Country Risk Guide, Copyright, 1984-Present, The PRS Group, Inc.
Contact PRS for more information at +1-315-431-0511 or e-mail to custserv@prsgroup.com

TABLE 2B
CURRENT RISK RATINGS AND COMPOSITE RISK FORECASTS

X
121
1
2
3
139
4
5
140
102
103
6
141
7
8
9
10
122
11
123
13
14
15
16
17
98
18
19
20
142
21
107
22
23
24
25
26
27
143
109
28
29
30
124
31
32
33
34
35

COUNTRY
Albania
Algeria
Angola
Argentina
Armenia
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Belarus
Belgium
Bolivia
Botswana
Brazil
Brunei
Bulgaria
Burkina Faso
Cameroon
Canada
Chile
China, Peoples' Rep.
Colombia
Congo, Dem. Republic
Congo, Republic
Costa Rica
Cote d'Ivoire
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Dominican Republic
Ecuador
Egypt
El Salvador
Estonia
Ethiopia
Finland
France
Gabon
Gambia
Germany
Ghana
Greece
Guatemala
Guinea

CURRENT RATINGS
Political Financial Economic
Risk
Risk
Risk
01/15
01/15
01/15
65.5
32.0
32.5
56.5
43.0
35.0
53.0
43.5
34.5
64.0
39.0
29.0
56.5
32.5
34.5
84.5
32.5
39.0
83.0
33.5
39.5
59.5
48.5
43.0
80.5
37.5
33.5
64.0
37.5
40.0
50.5
42.5
35.0
55.5
28.5
30.5
77.5
32.0
38.5
63.0
45.5
38.5
73.5
45.0
41.0
65.5
39.0
31.5
74.5
48.0
47.5
65.5
36.0
36.0
53.0
35.5
35.5
52.5
39.0
33.5
85.0
39.0
42.0
75.0
39.0
38.0
56.5
47.5
40.0
60.5
40.0
38.0
38.0
37.5
36.5
54.0
40.0
41.0
73.0
40.0
34.5
49.5
36.0
36.5
69.0
31.5
34.0
60.0
38.5
33.5
74.0
29.5
32.0
77.0
36.0
40.5
78.0
41.0
42.0
68.0
38.5
36.5
58.5
34.5
35.0
50.0
39.0
29.0
64.5
32.0
34.0
74.0
22.0
39.5
47.5
39.0
32.0
86.0
30.5
38.0
67.5
32.5
37.5
56.0
41.5
42.0
60.0
34.0
32.5
84.5
38.0
43.5
63.0
33.5
27.0
70.0
26.0
32.5
60.0
39.0
34.5
44.0
28.5
28.5

Page 1

COMPOSITE RATINGS
Year
Forecasts
Ago Current
One Year
Five Year
02/14 01/15
WC
BC
WC
BC
67.8
65.0
62.0
69.8
57.0
73.5
71.3
67.3
60.5
73.5
54.3
80.0
70.8
65.5
60.5
69.0
54.8
77.0
66.0
66.0
57.0
67.3
52.3
75.3
63.0
61.8
57.8
66.0
51.3
71.5
77.8
78.0
75.3
80.5
70.3
82.5
79.0
78.0
77.5
84.8
74.3
89.3
75.0
75.5
71.3
80.5
59.5
82.5
75.3
75.8
71.3
78.5
68.0
81.8
70.0
70.8
69.0
78.5
64.5
83.5
63.3
64.0
56.5
67.5
51.0
70.5
59.8
57.3
55.5
67.5
48.0
70.5
77.0
74.0
72.5
79.3
67.3
82.3
71.8
73.5
66.5
75.3
58.3
77.5
77.8
79.8
74.8
82.8
67.3
85.3
69.3
68.0
63.5
72.3
60.3
78.0
87.3
85.0
81.5
89.3
73.5
89.8
70.3
68.8
65.0
72.0
57.3
75.8
64.5
62.0
60.8
69.5
52.0
72.0
66.5
62.5
60.8
69.3
52.3
72.0
82.3
83.0
78.5
84.5
75.8
86.5
76.5
76.0
71.5
80.5
66.5
84.5
73.3
72.0
67.8
77.8
58.5
80.8
68.3
69.3
63.0
72.5
56.8
77.3
52.0
56.0
50.8
59.5
41.8
66.3
69.8
67.5
64.0
71.5
57.0
76.0
72.3
73.8
68.5
77.5
63.0
79.5
61.5
61.0
56.3
65.3
46.8
70.8
69.5
67.3
62.0
72.3
54.5
76.3
67.0
66.0
60.3
69.0
51.8
73.8
64.5
67.8
62.5
71.5
55.0
77.0
74.3
76.8
73.0
80.8
67.8
82.3
81.3
80.5
77.0
86.5
72.3
89.8
70.5
71.5
63.5
72.3
55.5
74.8
67.3
64.0
60.3
70.0
51.5
74.3
57.8
59.0
54.0
63.0
49.8
69.0
68.0
65.3
63.5
70.8
57.3
75.3
69.3
67.8
67.3
74.8
63.8
78.0
59.0
59.3
53.3
62.5
47.5
68.5
79.0
77.3
76.3
82.8
72.0
86.5
70.5
68.8
66.5
75.0
63.0
82.8
72.5
69.8
68.0
75.8
59.3
78.8
62.8
63.3
56.8
65.5
50.0
68.0
85.3
83.0
79.8
87.0
74.3
89.3
64.8
61.8
54.3
63.8
49.8
69.0
65.0
64.3
60.5
71.5
55.0
76.0
66.8
66.8
61.5
70.8
56.5
74.5
44.8
50.5
46.3
57.0
40.1
62.3

Table 2B

125
36
37
38
39
40
111
41
42
43
44
45
46
47
48
49
112
145
50
119
77
51
147
114
115
52
148
116
126
127
53
128
117
54
150
129
55
118
12
130
56
57
58
131
59
60
61
62
63
64
65
66
67
68
69
71
72
73
74

Guinea-Bissau
Guyana
Haiti
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Korea, D.P.R.
Korea, Republic
Kuwait
Latvia
Lebanon
Liberia
Libya
Lithuania
Luxembourg
Madagascar
Malawi
Malaysia
Mali
Malta
Mexico
Moldova
Mongolia
Morocco
Mozambique
Myanmar
Namibia
Netherlands
New Zealand
Nicaragua
Niger
Nigeria
Norway
Oman
Pakistan
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Russia
Saudi Arabia

50.5
57.5
44.5
60.5
79.5
75.5
85.0
61.0
57.5
53.5
39.0
84.0
66.5
73.0
71.5
82.5
61.0
65.0
57.5
49.0
77.0
68.5
73.5
53.5
51.0
52.0
75.0
88.0
55.0
52.0
74.0
51.5
79.0
61.5
59.5
68.0
63.5
64.0
50.5
75.0
83.5
87.5
61.5
49.5
42.5
89.0
72.5
48.5
73.0
57.0
60.0
62.0
60.5
77.5
73.5
73.5
67.5
56.5
64.5

36.0
36.5
43.5
39.5
41.0
27.0
33.0
43.0
41.0
35.5
45.0
27.5
39.5
31.5
33.0
40.5
37.5
40.0
39.0
32.5
42.5
47.5
22.0
39.0
24.5
44.0
35.0
39.0
36.5
38.5
42.5
34.0
29.5
39.5
32.0
36.5
36.5
27.0
42.0
40.5
34.0
36.0
34.0
29.0
45.0
42.0
45.5
37.5
36.5
39.0
42.5
42.5
45.0
34.5
33.0
42.5
34.5
35.5
48.0

34.5
30.0
33.5
30.5
41.5
40.0
40.0
33.5
35.5
33.5
39.5
43.0
40.0
37.5
32.5
36.0
31.5
38.5
31.5
30.0
43.5
47.0
39.5
33.0
23.0
22.5
39.0
44.5
33.5
32.0
40.5
33.5
39.5
36.0
31.5
27.0
33.0
20.5
32.5
36.5
41.5
40.5
33.5
30.5
37.5
46.0
44.0
30.5
36.0
33.5
37.0
38.5
39.0
37.0
37.0
48.5
38.0
37.0
45.0

Page 2

62.5
62.5
58.8
65.5
80.5
71.0
79.5
65.8
65.5
63.0
63.0
75.3
74.0
70.3
64.3
81.5
66.3
71.3
62.0
53.3
82.0
81.3
69.3
58.5
52.8
61.0
74.8
86.8
56.8
60.3
77.5
62.3
74.5
72.8
65.0
67.5
68.0
54.5
62.8
71.5
80.8
82.8
64.3
55.3
64.3
90.8
81.5
61.3
72.3
60.3
68.5
71.0
71.8
75.5
70.8
82.0
69.3
69.5
80.8

60.5
62.0
60.8
65.3
81.0
71.3
79.0
68.8
67.0
61.3
61.8
77.3
73.0
71.0
68.5
79.5
65.0
71.8
64.0
55.8
81.5
81.5
67.5
62.8
49.3
59.3
74.5
85.8
62.5
61.3
78.5
59.5
74.0
68.5
61.5
65.8
66.5
55.8
62.5
76.0
79.5
82.0
64.5
54.5
62.5
88.5
81.0
58.3
72.8
64.8
69.8
71.5
72.3
74.5
71.8
82.3
70.0
64.5
78.8

56.3
58.5
55.5
59.8
76.8
68.0
73.8
63.0
61.5
61.3
55.8
72.5
71.3
67.3
60.8
74.3
60.5
66.0
56.8
48.8
75.3
75.0
65.5
59.0
43.8
54.5
70.8
80.5
56.8
55.5
73.0
56.8
72.0
62.8
56.5
58.5
64.3
48.8
58.8
70.8
77.0
78.8
59.3
50.5
57.5
83.8
76.3
54.5
68.3
58.5
64.5
67.5
68.3
72.0
69.8
77.8
66.3
60.0
73.8

66.8
66.5
64.3
68.3
83.8
76.3
81.5
72.0
70.8
70.3
64.8
80.5
78.0
75.5
69.8
83.3
69.3
76.5
66.5
57.8
84.8
85.8
71.8
66.8
52.8
64.0
77.8
87.5
67.0
63.5
80.8
65.3
79.0
73.0
66.3
65.5
73.8
61.5
67.8
78.8
83.5
85.0
67.8
58.5
68.0
90.5
84.3
64.0
74.8
68.3
73.0
76.0
76.0
79.3
78.0
84.0
74.0
72.0
83.0

46.8
53.3
45.8
53.8
71.5
59.3
66.0
54.3
55.0
51.8
47.0
68.0
63.8
63.8
53.8
70.0
55.3
59.8
48.8
39.8
70.3
68.8
57.5
49.8
39.0
49.3
64.3
77.5
48.5
48.5
65.8
51.0
67.0
58.5
51.3
53.5
58.0
42.0
50.0
61.3
72.0
71.8
49.8
44.5
52.3
80.5
69.0
45.5
65.0
49.3
58.5
60.0
62.0
65.5
63.8
70.0
57.3
59.5
66.8

70.8
67.5
68.0
72.3
86.3
79.8
83.3
76.5
73.5
75.0
72.3
83.8
81.0
80.8
75.3
87.0
73.3
79.8
71.0
62.3
86.5
86.8
74.8
71.5
57.8
78.8
80.0
90.0
72.5
70.3
84.3
69.3
81.8
76.8
71.0
71.8
77.8
68.5
72.3
80.5
85.8
88.0
70.0
62.5
74.3
92.3
87.0
67.8
78.3
72.5
77.0
78.8
79.0
82.3
83.3
85.0
76.0
77.8
85.8

Table 2B

132
226
133
75
134
151
135
76
78
79
80
81
82
83
84
85
120
86
136
87
88
89
137
90
91
92
93
94
95
96
97
99
100

Senegal
Serbia
Sierra Leone
Singapore
Slovakia
Slovenia
Somalia
South Africa
Spain
Sri Lanka
Sudan
Suriname
Sweden
Switzerland
Syria
Taiwan
Tanzania
Thailand
Togo
Trinidad & Tobago
Tunisia
Turkey
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States
Uruguay
Venezuela
Vietnam
Yemen, Republic
Zambia
Zimbabwe

56.5
61.5
55.0
82.0
72.0
71.0
29.0
63.0
70.5
57.0
35.5
64.0
86.0
88.0
40.5
76.5
59.5
54.5
50.0
68.0
63.5
53.0
48.5
58.0
77.0
84.0
82.5
73.0
44.5
64.0
48.0
62.0
46.0

34.5
32.5
37.0
45.0
32.0
26.0
18.5
38.5
31.5
36.0
35.0
43.5
34.5
46.5
30.5
45.5
34.0
42.5
35.5
46.0
32.0
37.5
36.5
26.5
40.0
35.5
32.5
38.0
42.5
38.0
43.0
40.5
31.0

33.0
30.0
31.0
46.5
41.0
38.5
27.5
33.0
37.0
34.0
29.5
36.5
42.5
45.0
11.5
44.0
31.0
37.0
32.5
39.5
30.0
36.0
30.5
23.5
48.5
38.0
39.5
34.5
22.5
36.0
28.0
34.0
32.0

Page 3

64.0
63.0
63.5
87.3
75.5
66.3
37.5
66.3
69.3
62.5
44.8
72.3
84.5
89.5
42.0
82.8
63.3
67.5
61.8
77.0
62.8
59.3
58.8
62.5
83.5
76.5
75.3
72.3
54.3
66.0
62.3
68.0
51.5

62.0
62.0
61.5
86.8
72.5
67.8
37.5
67.3
69.5
63.5
50.0
72.0
81.5
89.8
41.3
83.0
62.3
67.0
59.0
76.8
62.8
63.3
57.8
54.0
82.8
78.8
77.3
72.8
54.8
69.0
59.5
68.3
54.5

58.0
57.5
59.3
83.5
68.5
66.0
30.0
62.0
67.0
56.8
43.5
67.5
79.3
85.0
35.3
77.0
58.5
60.5
58.0
72.3
58.5
58.0
55.3
48.5
74.3
74.8
73.8
67.0
49.5
63.8
56.8
62.5
46.5

65.8
68.5
66.8
90.5
78.0
74.0
37.3
71.8
75.3
66.3
53.8
74.5
86.3
91.8
45.5
85.0
66.0
69.3
65.5
80.8
69.0
67.5
63.5
63.8
84.8
82.5
80.8
76.3
60.8
72.0
64.8
72.0
57.5

51.5
49.5
52.3
75.5
65.0
62.0
24.5
58.0
62.5
51.8
40.0
60.3
75.0
79.8
39.3
69.5
54.0
55.0
52.0
67.3
53.3
50.5
46.8
46.5
67.5
70.3
70.8
62.8
46.8
55.0
50.0
55.0
38.3

67.8
73.5
69.8
92.3
80.8
79.3
47.0
75.0
80.3
70.8
61.5
77.8
88.8
93.0
62.8
87.0
70.0
75.8
67.0
82.3
74.5
72.5
69.0
71.5
87.5
86.5
84.0
80.8
68.5
75.0
68.3
75.3
64.8