COUNTRY RISK RATINGS COMPARISON
December, 2000
                     
  Independent Sources    
  Magazines Agencies EIU AVG Global
  InstInv. Euromoney Moody's S&P Fitch TBW Letter Number on Pct
  Sep-00 Sep-00 Dec-00 Dec-00 Dec-00 Sep-00 Rating Score 1-18 Rank
Top score => 100 100 Aaa AAA AAA AAA A 18 Scale  
                     
ASIA / PACIFIC                    
Australia 82 88 Aa2 AA+ AA AA B 27 2.5 82
Bangladesh 28 35       CCC C 60 14.8 22
Brunei   67             4.0 72
China 61 60 A3 BBB A- BBB+ B 39 4.9 69
Fiji   47             11.0 43
Hong Kong 68 77 A3 A A+ A- B 28 3.4 76
India 52 54 Ba2 BB   BB C 42 8.0 54
Indonesia 27 38 B3 B- B- CCC D 63 13.9 27
Japan 88 91 Aa1 AAA AA+ AAA     1.8 88
Korea 63 66 Baa2 BBB BBB+ BBB B 26 4.9 69
Macau   40 Baa1     BBB+     7.7 55
Malaysia 60 61 Baa2 BBB BBB BBB B 28 5.3 65
Myanmar 17 26         E 84 17.5 7
New Zealand 79 85 Aa2 AA+     B 28 2.6 81
Papua New Guinea 30 37 B1 B+     C 51 12.3 35
Philippines 49 53 Ba1 BB+   BB C 44 8.0 54
Singapore 88 90 Aa1 AAA AA+ AA A 12 2.0 87
Sri Lanka 33 40       B- C 53 13.0 34
Taiwan 79 81 Aa3 AA+   AA B 23 2.7 80
Thailand 53 60 Baa3 BBB- BBB- BBB- B 36 6.6 60
Vietnam 28 38 B1     CCC C 52 13.2 32
                     
LATIN AMERICA                    
Argentina 46 55 B1 BB- BB BB C 53 10.2 47
Bahamas   59 A3           5.0 67
Barbados 55 57 Baa2     BB+     7.0 57
Belize   41 Ba2 BB         10.3 46
Bermuda   74 Aa1 AA AA NR     2.5 81
Bolivia 29 43 B1 B+   B+ C 51 11.8 36
Brazil 45 51 B1 BB- BB- B+ C 56 11.1 41
Cayman Islands     Aa3           2.7 79
Chile 67 66 Baa1 A- A- A B 27 3.9 73
Colombia 44 49 Ba2 BB BB+ BB+ C 54 9.8 48
Costa Rica 48 53 Ba1 BB BB BB- C 42 8.2 53
Cuba 14 11 Caa1       D 64 15.3 17
Dominican Republic 37   B1 B+   B C 48 11.7 38
Ecuador 18 29 Caa2 B-   CCC D 70 15.3 17
El Salvador 46 51 Baa3 BB+ BB+ BB+ B 40 8.8 50
Guatemala 37 47 Ba2     B- C 57 11.9 36
Guyana   28             18.0 5
Haiti 13 24             18.0 5
Honduras 27 39 B2     B- C 53 13.0 34
Jamaica 34 43 Ba3 B     D 64 12.6 34
Mexico 57 60 Baa3 BB+ BB+ BB C 51 7.4 55
Netherlands Antilles                 0.0  
Nicaragua 22 26 B2     B- D 63 14.8 22
Panama 47 52 Baa1 BB+ BB+ BB+ C 52 8.9 50
Paraguay 33 41 B2 B     D 65 13.2 32
Peru 42 39 Ba3 BB- BB B+ C 53 11.1 41
Suriname                 0.0  
Trinidad and Tobago 52 54 Baa3 BBB-   BB+ B 35 6.0 63
Uruguay 54 57 Baa3 BBB- BBB- BBB- C 42 6.9 58
Venezuela 38 44 B2 B BB- B C 51 11.7 37
Windward/Lee Islands                 0.0  
                     
MID-EAST AFRICA, E-EUR.                    
Afghanistan 7 3             18.0 5
Algeria 33 38         C 48 13.0 34
Angola 12 21         D 80 17.3 8
Armenia   30             17.5 7
Azerbaijan   37     B+ B C 52 11.5 40
Bahrain 55 65 Ba1   BBB- BB+ B 35 6.5 61
Belarus 14 31       CCC     16.8 11
Bosnia & Herzegovina   16             18.0 5
Botswana 56 52         B 29 6.5 61
Bulgaria 37 43 B2 B+ B+ B+ C 45 11.5 40
Burundi                 0.0  
Cameroon 16 30         D 62 15.5 15
Côte d'Ivoire 24 32         D 65 15.5 15
Croatia 46 50 Baa3 BBB- BB+ BB+ C 54 9.2 49
Cyprus 61 77 A2 A   A C 46 4.1 71
Egypt 51 56 Ba1 BBB- BBB- BB+ B 40 7.0 57
Ethiopia 16 31             17.5 7
Gabon 24 33         C 53 14.2 25
Ghana 30 38         D 62 14.7 23
Iran 27 41         C 55 13.3 29
Iraq 13 9         E 93 18.0 5
Israel 64 73 A2 A- A- A- B 33 3.8 74
Jordan 42 46 Ba3 BB-   B+ B 38 10.5 45
Kazakhstan   42 B1 BB- BB- B+ C 51 10.3 46
Kenya 25 38       B D 71 15.7 14
Kuwait 64 73 Baa1 A A A B 33 3.8 74
Lebanon 37 47 B1 B+ BB- B+ C 55 11.5 40
Lesotho   36             16.0 13
Liberia 9 15             18.0 5
Libya 32 19         C 55 15.0 19
Macedonia             D 61 11.0 43
Malawi 20 32         D 65 15.7 14
Mauritius 55 59 Baa2       B 35 5.8 64
Moldova   29 B3   B-   D 65 13.9 26
Morocco 47 55 Ba1 BB   BB C 48 8.3 52
Mozambique 20 29             18.0 5
Namibia 37 24         C 44 13.3 29
Nigeria 18 32         C 59 15.0 19
Oman 55 66 Baa2 BBB-   BBB- C 42 6.0 63
Pakistan 19 32 Caa1 B-   CC D 64 15.0 19
Qatar 56 68 Baa2 BBB   BBB B 34 5.3 66
Romania 30 37 B3 B- B B- D 63 13.6 27
Russia 27 38 B2 B- B   D 63 13.3 29
Saudi Arabia 57 68 Baa3     A- B 39 4.8 69
Senegal 24 34   B+     C 52 13.3 30
Slovenia 67 69 A2 A A A- B 35 3.6 76
South Africa 55 58 Baa3 BBB- BBB- BB+ C 44 6.7 59
Sudan 9 25         D 77 17.0 9
Swaziland 28 33             17.3 8
Syria 23 39         D 68 14.7 23
Tanzania 20 29         C 56 14.8 20
Tunisia 55 57 Baa3 BBB BBB- BB+ B 39 6.3 62
Turkey 47 53 B1 B+ BB- BB- C 55 10.9 43
Turkmenistan   32 B2   B-       14.0 25
Uganda 23 34         C 56 14.3 24
Ukraine 18 33 Caa1     CCC D 64 14.9 20
United Arab Emirates 66 76 A2     A+ B 30 3.3 77
Uzbekistan 20 34         E 81 16.8 11
Yemen   34         C 43 10.5 45
Yugoslavia 13 15         E 95 18.0 5
Zambia 16 27         D 68 16.3 12
Zimbabwe 17 33         D 80 16.8 11
Austria 87 92 Aaa AAA AAA AAA     1.4 90
Andorra     Aaa           1.0 97
Belgium 83 90 Aaa AA+ AA- AA+     2.1 85
Canada 90 89 Aa1 AA+ AA AA+     2.1 86
Czech Republic 61 63 Baa1 A- BBB+ BBB B 32 4.8 70
                     
WEST EUROPE                    
Denmark 89 93 Aaa AA+ AA+ AA+     1.7 90
Estonia 55 56 Baa1 BBB+ BBB+ BBB+ B 35 5.3 65
Finland 89 91 Aaa AA+ AAA AA+     1.7 90
France 94 92 Aaa AAA AAA AAA     1.2 92
Germany 95 93 Aaa AAA AAA AAA     1.0 97
Greece 70 79 Aaa A- A- A- B 30 3.2 78
Hungary 65 65 A3 A- A- BBB+ B 36 4.2 71
Iceland 74 87 Aa3 A+ AA-       2.8 78
Ireland 89 90 Aaa AA+ AAA AA     1.8 88
Italy 84 87 Aaa AA AA- AA- B 21 2.4 83
Latvia 48 53 Baa2 BBB BBB BBB- C 50 7.1 56
Liechtenstein     Aaa AAA         1.0 97
Lithuania 44 51 Ba1 BBB- BB+ BB+ C 55 9.6 48
Luxembourg 94 99 Aaa AAA AAA AAA     1.0 97
Malta 64 73 A3 A A       3.7 75
Monaco     Aaa           1.0 97
Netherlands 95 93 Aaa AAA AAA AAA     1.0 97
Norway 90 94 Aaa AAA AAA AAA     1.2 92
Poland 62 64 Baa1 BBB+ BBB+ BBB B 37 4.9 69
Portugal 84 83 Aaa AA AA AA B 20 2.3 83
Slovak Republic 49 53 Ba1 BB+   BB C 48 8.4 51
Spain 86 87 Aaa AA+ AA+ AA+ A 19 2.1 84
Sweden 87 91 Aa1 AA+ AA AA+     2.1 86
Switzerland 96 97 Aaa AAA AAA AAA     1.0 97
United Kingdom 89.1 92 Aaa AAA AAA AAA     1.3 91

Last Updated on 1/16/01
By JKOCH
Hosted by www.Geocities.ws

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