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	86.5	AA	79.7	70	100	94.4
3	Qatar QAT · High income	Middle East / Gulf	80.5	AA	84	70	73.7	91.3
4	Kuwait KWT · High income	Middle East / Gulf	80.5	AA	82.5	70	73.6	93.5
5	Macao MAC · High income	Eastern Asia	80	AA	78.3	70	70	100
6	Palau PLW · High income	Oceania / Pacific	80	AA	79.9	70	70	97.9
7	Cyprus CYP · High income	Middle East / Gulf	78.7	A	73.8	70	70	100
8	Oman OMN · High income	Middle East / Gulf	78.4	A	74.6	70	80.3	87.8
9	South Korea KOR · High income	Eastern Asia	78.1	A	76.5	78.8	65	92.5
10	Brunei BRN · High income	Southeastern Asia	78.1	A	72	70	70	100
11	Armenia ARM · Upper middle income	Western Asia / Caucasus	76.8	A	91.9	58	58	92.6
12	Georgia GEO · Upper middle income	Western Asia / Caucasus	76.8	A	91.8	58	58	92.8
13	Vietnam VNM · Lower middle income	Southeastern Asia	76.7	A	92	48	81.2	76.7
14	Maldives MDV · Upper middle income	Southern Asia	76.2	A	87.1	58	58	95.8
15	Indonesia IDN · Upper middle income	Southeastern Asia	76.1	A	83.9	95.5	54.7	72.8
16	Malaysia MYS · Upper middle income	Southeastern Asia	75.5	A	81.2	64.4	70.5	82.5
17	Turkmenistan TKM · Upper middle income	Central Asia	75.3	A	89.1	58	58	89.9
18	Japan JPN · High income	Eastern Asia	75.2	A	76.5	70	59.9	92.9
19	Samoa WSM · Upper middle income	Oceania / Pacific	74.1	A	85.8	58	58	89.1
20	India IND · Lower middle income	Southern Asia	74	A	89.1	80.6	52.9	71.6
21	Thailand THA · Upper middle income	Southeastern Asia	73.8	A	76.8	66.5	69.5	80.4
22	Philippines PHL · Lower middle income	Southeastern Asia	73.7	A	86.9	83.4	53	70.7
23	Australia AUS · High income	Oceania / Pacific	73	A	74	70.4	55.1	91.9
24	Saudi Arabia SAU · High income	Middle East / Gulf	72.9	A	77.9	70	54.9	87.4
25	Singapore SGP · High income	Southeastern Asia	72.5	A	81.5	0	100	92.2
26	Kiribati KIR · Lower middle income	Oceania / Pacific	72.2	A	99.6	48	48	82.9
27	Cambodia KHM · Lower middle income	Southeastern Asia	72.1	A	98.5	48	48	83.8
28	Bhutan BTN · Lower middle income	Southern Asia	71.8	A	94.7	48	48	87.1
29	New Zealand NZL · High income	Oceania / Pacific	70.8	A	69.8	75.5	48.4	90.7
30	Bahrain BHR · High income	Middle East / Gulf	70.5	A	78.4	22.1	80.1	90.1
31	Taiwan TWN · High income	Eastern Asia	70	A	70	70	70	70
32	Kazakhstan KAZ · Upper middle income	Central Asia	69.8	BBB	56.1	100	51.6	80.4
33	Tonga TON · Upper middle income	Oceania / Pacific	69.3	BBB	69.1	58	58	89.9
34	Israel ISR · High income	Middle East / Gulf	69.3	BBB	73.8	43.1	62.2	92
35	Nauru NRU · High income	Oceania / Pacific	69.1	BBB	66.9	70	70	70
36	Tuvalu TUV · Upper middle income	Oceania / Pacific	68.9	BBB	68.2	58	58	89.3
37	China CHN · Upper middle income	Eastern Asia	68.7	BBB	74.3	58	55.2	84
38	Bangladesh BGD · Lower middle income	Southern Asia	68.7	BBB	61.8	94.4	50.6	74.4
39	Nepal NPL · Lower middle income	Southern Asia	67.6	BBB	87.2	48	48	79.2
40	Azerbaijan AZE · Upper middle income	Western Asia / Caucasus	67.4	BBB	62	58	58	90.8
41	Papua New Guinea PNG · Lower middle income	Oceania / Pacific	67.4	BBB	82.6	48	48	84.2
42	Marshall Islands MHL · Upper middle income	Oceania / Pacific	67.3	BBB	61	58	58	91.8
43	Timor-Leste TLS · Lower middle income	Southeastern Asia	67.1	BBB	86.6	48	48	78.2
44	Fiji FJI · Upper middle income	Oceania / Pacific	66.9	BBB	61.2	58	58	90
45	Tajikistan TJK · Lower middle income	Central Asia	66.3	BBB	82.5	48	48	79.6
46	Pakistan PAK · Lower middle income	Southern Asia	66.2	BBB	74.2	73	52.5	64.8
47	Vanuatu VUT · Lower middle income	Oceania / Pacific	65.4	BBB	74	48	48	86.3
48	Turkey TUR · Upper middle income	Middle East / Gulf	65.3	BBB	36.9	98.5	54.2	83.9
49	Iraq IRQ · Upper middle income	Middle East / Gulf	64.4	BBB	54	58	58	88.5
50	Kyrgyzstan KGZ · Lower middle income	Central Asia	64.1	BBB	71.4	48	48	84.3
51	Uzbekistan UZB · Lower middle income	Central Asia	63.5	BBB	68	48	48	86.2
52	Micronesia FSM · Lower middle income	Oceania / Pacific	61.8	BBB	61.7	48	48	87
53	Laos LAO · Lower middle income	Southeastern Asia	60.8	BBB	62.2	48	48	82.2
54	Mongolia MNG · Upper middle income	Eastern Asia	60.4	BBB	38.9	58	58	90.5
55	West Bank and Gaza PSE · Lower middle income	Middle East / Gulf	58.1	BB	51.2	48	48	84.5
56	Solomon Islands SLB · Lower middle income	Oceania / Pacific	57.9	BB	80.8	48	48	48
57	Jordan JOR · Lower middle income	Middle East / Gulf	55.7	BB	52.5	29.9	55.6	80.5
58	Myanmar MMR · Lower middle income	Southeastern Asia	52.4	BB	36.7	48	48	78.9
59	Yemen YEM · Low income	Middle East / Gulf	49.4	B	47.1	38	38	72.6
60	Iran IRN · Upper middle income	Middle East / Gulf	47.6	B	0	58	58	86.1
61	Afghanistan AFG · Low income	Southern Asia	44.6	B	33.6	38	38	69.5
62	Lebanon LBN · Lower middle income	Middle East / Gulf	43.4	B	0	48	48	87.1
63	Syria SYR · Low income	Middle East / Gulf	42.7	B	21.8	38	38	76.4
64	Sri Lanka LKA · Lower middle income	Southern Asia	41.8	B	27.4	48	48	48
65	North Korea PRK · Low income	Eastern Asia	38	CCC	38	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