Asia Country Risk Ranking

Comparative risk score for Asia-Pacific, Oceania and Middle East / Gulf economies.

MODEL: screening score
COUNTRIES: 65
FILTER: all

Regional filter

QUICK VIEWS

All East Asia Southeast Asia South Asia Central Asia Oceania Middle East / Gulf

Ranking table

SCORE · RATING · DIMENSIONS

Rank	Country	Region	Score	Rating	Macro	Finance	External	Structure
1	United Arab Emirates ARE · High income	Middle East / Gulf	91.7	AAA	81.7	100	97	91.9
2	Hong Kong HKG · High income	Eastern Asia	85.8	AA	77.4	70	100	94.4
3	Qatar QAT · High income	Middle East / Gulf	80.1	AA	82.8	70	73.7	91.3
4	South Korea KOR · High income	Eastern Asia	78.8	A	78.8	78.8	65	92.5
5	Oman OMN · High income	Middle East / Gulf	77.9	A	72.8	70	80.3	87.9
6	Kuwait KWT · High income	Middle East / Gulf	76.8	A	70.1	70	73.6	93.5
7	Vietnam VNM · Lower middle income	Southeastern Asia	76.6	A	92	48	81.2	76.4
8	Indonesia IDN · Upper middle income	Southeastern Asia	76.1	A	83.9	95.5	54.7	72.8
9	Malaysia MYS · Upper middle income	Southeastern Asia	75.4	A	81.1	64.4	70.5	82.1
10	Japan JPN · High income	Eastern Asia	74.4	A	73.9	70	59.9	92.9
11	Thailand THA · Upper middle income	Southeastern Asia	73.8	A	77	66.5	69.5	80.1
12	Philippines PHL · Lower middle income	Southeastern Asia	73.6	A	86.9	83.4	53	70.5
13	India IND · Lower middle income	Southern Asia	73.2	A	86.6	80.6	52.9	71.6
14	Australia AUS · High income	Oceania / Pacific	73.1	A	74.1	70.4	55.1	91.9
15	Saudi Arabia SAU · High income	Middle East / Gulf	72.9	A	77.9	70	54.9	87.4
16	Macao MAC · High income	Eastern Asia	72.5	A	78.3	70	70	70
17	Singapore SGP · High income	Southeastern Asia	72	A	80	0	100	92.2
18	Cyprus CYP · High income	Middle East / Gulf	71.9	A	76.3	70	70	70
19	New Zealand NZL · High income	Oceania / Pacific	71.4	A	71.7	75.5	48.4	90.7
20	Nauru NRU · High income	Oceania / Pacific	71.1	A	73.8	70	70	70
21	Brunei BRN · High income	Southeastern Asia	70.6	A	72	70	70	70
22	Palau PLW · High income	Oceania / Pacific	70.2	A	70.8	70	70	70
23	Taiwan TWN · High income	Eastern Asia	70	A	70	70	70	70
24	Bahrain BHR · High income	Middle East / Gulf	69.9	BBB	76.4	22.1	80.1	90.1
25	Samoa WSM · Upper middle income	Oceania / Pacific	69.7	BBB	97.1	58	58	58
26	Israel ISR · High income	Middle East / Gulf	69.3	BBB	73.8	43.1	62.2	92
27	China CHN · Upper middle income	Eastern Asia	68.7	BBB	74.4	58	55.2	83.9
28	Bangladesh BGD · Lower middle income	Southern Asia	68.7	BBB	61.8	94.4	50.6	74.4
29	Kazakhstan KAZ · Upper middle income	Central Asia	68.7	BBB	52.6	100	51.6	80.3
30	Armenia ARM · Upper middle income	Western Asia / Caucasus	68.2	BBB	91.9	58	58	58
31	Georgia GEO · Upper middle income	Western Asia / Caucasus	66.5	BBB	86.3	58	58	58
32	Maldives MDV · Upper middle income	Southern Asia	66.1	BBB	84.9	58	58	58
33	Pakistan PAK · Lower middle income	Southern Asia	65.6	BBB	72.6	73	52.5	64.5
34	Turkey TUR · Upper middle income	Middle East / Gulf	65.1	BBB	36.2	98.5	54.2	83.9
35	Tuvalu TUV · Upper middle income	Oceania / Pacific	64.6	BBB	80	58	58	58
36	Iraq IRQ · Upper middle income	Middle East / Gulf	64	BBB	78	58	58	58
37	Kiribati KIR · Lower middle income	Oceania / Pacific	63.5	BBB	99.6	48	48	48
38	Cambodia KHM · Lower middle income	Southeastern Asia	63.2	BBB	98.5	48	48	48
39	Nepal NPL · Lower middle income	Southern Asia	63.1	BBB	98.5	48	48	48
40	Tonga TON · Upper middle income	Oceania / Pacific	61.3	BBB	69.1	58	58	58
41	Azerbaijan AZE · Upper middle income	Western Asia / Caucasus	61.2	BBB	68.8	58	58	58
42	Solomon Islands SLB · Lower middle income	Oceania / Pacific	61	BBB	91.4	48	48	48
43	Bhutan BTN · Lower middle income	Southern Asia	60.4	BBB	89.4	48	48	48
44	Fiji FJI · Upper middle income	Oceania / Pacific	59	BB	61.2	58	58	58
45	Vanuatu VUT · Lower middle income	Oceania / Pacific	58.1	BB	81.6	48	48	48
46	Turkmenistan TKM · Upper middle income	Central Asia	58	BB	58	58	58	58
47	Marshall Islands MHL · Upper middle income	Oceania / Pacific	58	BB	58	58	58	58
48	Papua New Guinea PNG · Lower middle income	Oceania / Pacific	57.8	BB	80.8	48	48	48
49	Timor-Leste TLS · Lower middle income	Southeastern Asia	57.4	BB	79.3	48	48	48
50	Jordan JOR · Lower middle income	Middle East / Gulf	55.4	BB	51.7	29.9	55.6	79.9
51	Micronesia FSM · Lower middle income	Oceania / Pacific	54.9	BB	70.9	48	48	48
52	Tajikistan TJK · Lower middle income	Central Asia	53.1	BB	65	48	48	48
53	Mongolia MNG · Upper middle income	Eastern Asia	52.3	BB	38.9	58	58	58
54	Laos LAO · Lower middle income	Southeastern Asia	47.9	B	47.6	48	48	48
55	Kyrgyzstan KGZ · Lower middle income	Central Asia	46.5	B	42.9	48	48	48
56	Uzbekistan UZB · Lower middle income	Central Asia	44.7	B	37	48	48	48
57	Myanmar MMR · Lower middle income	Southeastern Asia	44.6	B	36.7	48	48	48
58	Sri Lanka LKA · Lower middle income	Southern Asia	41.8	B	27.4	48	48	48
59	West Bank and Gaza PSE · Lower middle income	Middle East / Gulf	41.7	B	26.9	48	48	48
60	Iran IRN · Upper middle income	Middle East / Gulf	40.6	B	0	58	58	58
61	Yemen YEM · Low income	Middle East / Gulf	39.8	CCC	44	38	38	38
62	North Korea PRK · Low income	Eastern Asia	38	CCC	38	38	38	38
63	Lebanon LBN · Lower middle income	Middle East / Gulf	33.6	CCC	0	48	48	48
64	Afghanistan AFG · Low income	Southern Asia	29.3	CC	9	38	38	38
65	Syria SYR · Low income	Middle East / Gulf	26.6	CC	0	38	38	38

Methodology note

NOT A CREDIT RATING

The Asia Risk Score is a transparent screening model. It combines GDP growth, inflation, unemployment, public debt, fiscal balance, current account, trade openness, FDI, GDP per capita and life expectancy where data are available. Missing values are replaced by conservative income-group fallbacks until national API adapters are activated.

Asia Country Risk Ranking

Regional filter

Ranking table

Methodology note

Asia-Pacific and Middle East economic data context