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	Macao MAC · High income	Eastern Asia	88.3	AA	81	70	100	100
3	Hong Kong HKG · High income	Eastern Asia	86.5	AA	79.7	70	100	94.4
4	Brunei BRN · High income	Southeastern Asia	84.3	AA	67.5	70	100	100
5	Qatar QAT · High income	Middle East / Gulf	80.5	AA	84	70	73.7	91.3
6	Kuwait KWT · High income	Middle East / Gulf	80.5	AA	82.5	70	73.6	93.5
7	Papua New Guinea PNG · Lower middle income	Oceania / Pacific	80.4	AA	82.4	48	100	84.2
8	Tuvalu TUV · Upper middle income	Oceania / Pacific	79.4	A	68.2	58	100	89.3
9	South Korea KOR · High income	Eastern Asia	78.5	A	76.5	78.8	66.7	92.5
10	Oman OMN · High income	Middle East / Gulf	78.4	A	74.6	70	80.3	87.8
11	Samoa WSM · Upper middle income	Oceania / Pacific	78.2	A	78.9	58	82.7	89.1
12	Marshall Islands MHL · Upper middle income	Oceania / Pacific	77.8	A	61	58	100	91.8
13	Vietnam VNM · Lower middle income	Southeastern Asia	76.7	A	92	48	81.2	76.7
14	Indonesia IDN · Upper middle income	Southeastern Asia	76.3	A	83.9	95.5	55.3	72.8
15	Tajikistan TJK · Lower middle income	Central Asia	76.2	A	72.1	48	100	79.6
16	Malaysia MYS · Upper middle income	Southeastern Asia	75.5	A	81.2	64.4	70.5	82.5
17	Japan JPN · High income	Eastern Asia	75.2	A	76.5	70	60.1	92.9
18	India IND · Lower middle income	Southern Asia	74.1	A	89.1	80.6	53.4	71.6
19	Thailand THA · Upper middle income	Southeastern Asia	74	A	76.8	66.5	70.2	80.4
20	Philippines PHL · Lower middle income	Southeastern Asia	73.9	A	86.9	83.4	53.9	70.7
21	Australia AUS · High income	Oceania / Pacific	72.9	A	74	70.4	54.5	91.9
22	Singapore SGP · High income	Southeastern Asia	72.5	A	81.5	0	100	92.2
23	Turkmenistan TKM · Upper middle income	Central Asia	72.5	A	79.6	58	58	89.9
24	Saudi Arabia SAU · High income	Middle East / Gulf	72.5	A	77.9	70	53.3	87.4
25	Azerbaijan AZE · Upper middle income	Western Asia / Caucasus	71.2	A	61.9	58	73.3	90.8
26	New Zealand NZL · High income	Oceania / Pacific	71.1	A	69.8	75.5	49.8	90.7
27	Nauru NRU · High income	Oceania / Pacific	71.1	A	66.9	70	78.2	70
28	Micronesia FSM · Lower middle income	Oceania / Pacific	70.7	A	61.7	48	83.4	87
29	Bahrain BHR · High income	Middle East / Gulf	70.5	A	78.4	22.1	80.1	90.1
30	Cambodia KHM · Lower middle income	Southeastern Asia	70.2	A	98.3	48	40.4	83.8
31	Taiwan TWN · High income	Eastern Asia	70	A	70	70	70	70
32	Kazakhstan KAZ · Upper middle income	Central Asia	69.4	BBB	56.1	100	49.8	80.4
33	China CHN · Upper middle income	Eastern Asia	69.2	BBB	74.3	58	57.2	84
34	Bangladesh BGD · Lower middle income	Southern Asia	68.9	BBB	61.8	94.4	51.4	74.4
35	Israel ISR · High income	Middle East / Gulf	68.8	BBB	73.8	43.1	60.2	92
36	Laos LAO · Lower middle income	Southeastern Asia	68.7	BBB	72	48	67.9	82.2
37	Cyprus CYP · High income	Middle East / Gulf	67.8	BBB	71.1	70	29.8	100
38	Nepal NPL · Lower middle income	Southern Asia	67.1	BBB	67.1	48	70.5	79.2
39	Pakistan PAK · Lower middle income	Southern Asia	66.1	BBB	74.2	73	52.1	64.8
40	Georgia GEO · Upper middle income	Western Asia / Caucasus	65.8	BBB	66.3	58	44.4	92.8
41	Turkey TUR · Upper middle income	Middle East / Gulf	65.3	BBB	36.9	98.5	54.2	83.9
42	Iran IRN · Upper middle income	Middle East / Gulf	64.4	BBB	20.9	58	100	86.1
43	Tonga TON · Upper middle income	Oceania / Pacific	64.3	BBB	77.5	58	28.1	89.9
44	Palau PLW · High income	Oceania / Pacific	62.5	BBB	79.9	70	0	97.9
45	Uzbekistan UZB · Lower middle income	Central Asia	61.3	BBB	67.9	48	39.3	86.2
46	Iraq IRQ · Upper middle income	Middle East / Gulf	61.3	BBB	36	58	67	88.5
47	Myanmar MMR · Lower middle income	Southeastern Asia	60.5	BBB	57.7	48	55.4	78.9
48	Kiribati KIR · Lower middle income	Oceania / Pacific	60.2	BBB	99.6	48	0	82.9
49	Maldives MDV · Upper middle income	Southern Asia	59.8	BB	80.8	58	0	95.8
50	Fiji FJI · Upper middle income	Oceania / Pacific	58.6	BB	61.9	58	23.9	90
51	Bhutan BTN · Lower middle income	Southern Asia	58.1	BB	89	48	0	87.1
52	Armenia ARM · Upper middle income	Western Asia / Caucasus	56.6	BB	50.9	58	26.1	92.6
53	Solomon Islands SLB · Lower middle income	Oceania / Pacific	56.3	BB	83.9	48	38.3	48
54	Jordan JOR · Lower middle income	Middle East / Gulf	55.9	BB	52.5	29.9	56.3	80.5
55	Timor-Leste TLS · Lower middle income	Southeastern Asia	55.3	BB	87.3	48	0	78.2
56	Vanuatu VUT · Lower middle income	Oceania / Pacific	55.1	BB	70.8	48	10.7	86.3
57	Mongolia MNG · Upper middle income	Eastern Asia	52.9	BB	51.2	58	13.2	90.5
58	Kyrgyzstan KGZ · Lower middle income	Central Asia	52.5	BB	72.7	48	0	84.3
59	Sri Lanka LKA · Lower middle income	Southern Asia	51.5	BB	49.7	48	59.8	48
60	North Korea PRK · Low income	Eastern Asia	49.2	B	75.2	38	38	38
61	Syria SYR · Low income	Middle East / Gulf	44.7	B	16.2	38	52.6	76.4
62	Yemen YEM · Low income	Middle East / Gulf	41.2	B	31.4	38	24.1	72.6
63	West Bank and Gaza PSE · Lower middle income	Middle East / Gulf	41	B	34.1	48	0	84.5
64	Lebanon LBN · Lower middle income	Middle East / Gulf	33.7	CCC	7.7	48	0	87.1
65	Afghanistan AFG · Low income	Southern Asia	32.3	CCC	24.5	38	0	69.5

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