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Euromoney Country Risk
Q2 2019 RESULTS
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TABLE OF CONTENTS
1. Introduction (Scoring) 2. Q/Q update 3. Y/Y update 4. Contacts
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Euromoney Country Risk Q2 2019 RESULTS 2 TABLE OF CONTENTS 1. - - PowerPoint PPT Presentation
Euromoney Country Risk Q2 2019 RESULTS 2 TABLE OF CONTENTS 1. - - PowerPoint PPT Presentation
1 Euromoney Country Risk Q2 2019 RESULTS 2 TABLE OF CONTENTS 1. Introduction (Scoring) 2. Q/Q update 3. Y/Y update 4. Contacts 3 SCORING Euromoney Country Risk is a platform designed to capture and aggregate the views of country risk
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SCORING
Euromoney Country Risk is a platform designed to capture and aggregate the views of country risk experts. It comprises real-time country risk scores for over 180 markets in 15 categories that relate to economic, structural and political risk There are over 400 experts (primarily economists) who are surveyed quarterly Historical data sets are available:
Annual data back to 1993 and quarterly data back to 2011
Our subscriber base is primarily corporate treasurers, but also includes SWFs, asset managers, banks (FX, Risk, Sovereign debt issuance)
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Regio ion Score Rank Up Down Up Down
Africa 6 5 5 5 Americas 8 9 2 4 Asia 10 12 4 2 Australasia 2 2 1 Caribbean 4 5 4 4 Central & Eastern Europe 13 8 4 2 Middle East 3 3 1 3 Western Europe 9 6 3 Total tal 55 55 50 50 23 23 21 21 4
GLOBAL MOVEMENTS: Q1 2019 – Q2 2019
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QUARTERLY – GLOBAL TOP/BOTTOM 5
Country try 2019 Q2 Score Q/Q Change ge Top 5
Maldives 24.71 1.37 Barbados 41.58 0.66 Moldova 34.05 0.56 Jamaica 36.39 0.43 Bangladesh 32.51 0.35
Bottom 5
Ethiopia 34.66
- 0.23
Bermuda 52.13
- 0.24
Nicaragua 29.14
- 0.52
Fiji 24.55
- 0.68
Bhutan 22.96
- 2.54
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Q1 2019 – Q2 2019 - AFRICA
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0.1 0.09 0.09 0.03 0.02
- 0.01
- 0.03
- 0.04
- 0.08
- 0.23
- 0.25
- 0.2
- 0.15
- 0.1
- 0.05
0.05 0.1 0.15 10 20 30 40 50 60 70 Mozambique Tunisia Ghana South Africa Nigeria Zimbabwe Kenya Botswana Zambia Ethiopia Q/Q CHANGE 2019 Q2 SCORE
Top 5 - Africa
2019 Q2 Score Q/Q
Bottom 5 - Africa
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Q1 2019 – Q2 2019 - AMERICAS
7 Bottom 5 - Americas
0.33 0.04 0.03 0.03 0.02
- 0.04
- 0.06
- 0.07
- 0.22
- 0.52
- 0.6
- 0.5
- 0.4
- 0.3
- 0.2
- 0.1
0.1 0.2 0.3 0.4 10 20 30 40 50 60 70 80 90 Honduras Ecuador Argentina Uruguay Paraguay Chile Panama Canada Bolivia Nicaragua Q/Q CHANGE 2019 Q2 SCORE
Top 5 - Americas
2019 Q2 Score Score Q/Q
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Q1 2019 – Q2 2019 - ASIA
8 Bottom 5 - Asia
1.37 0.35 0.18 0.11 0.09
- 0.06
- 0.08
- 0.1
- 0.17
- 2.54
- 3
- 2.5
- 2
- 1.5
- 1
- 0.5
0.5 1 1.5 2 10 20 30 40 50 60 70 80 90 100 Maldives Bangladesh Philippines Armenia Japan India Singapore China Thailand Bhutan Q/Q CHANGE 2019 Q2 SCORE
Top 5 - Asia
2019 Q2 Score Score Q/Q
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Q12019 – Q2 2019 - AUSTRALASIA
9 Bottom 5 - Australasia
0.05 0.02
- 0.02
- 0.68
- 0.8
- 0.7
- 0.6
- 0.5
- 0.4
- 0.3
- 0.2
- 0.1
0.1 10 20 30 40 50 60 70 80 90 Papua New Guinea Australia Vanuatu Micronesia (Fed. States) New Caledonia Marshall Islands Tonga Solomon Islands New Zealand Fiji Q/Q CHANGE 2019 Q2 SCORE
Top 5 - Australasia
2019 Q2 Score Score Q/Q
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Q1 2019 – Q2 2019 - CARIBBEAN
10 Bottom 5 - Caribbean
0.66 0.43 0.23 0.16
- 0.04
- 0.09
- 0.1
- 0.23
- 0.24
- 0.3
- 0.2
- 0.1
0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 10 20 30 40 50 60 Barbados Jamaica Bahamas St Lucia Haiti Dominican Republic Cuba St Vincent & Grenadines Trinidad & Tobago Bermuda Q/Q CHANGE 2019 Q2 SCORE
Top 5 - Caribbean
2019 Q2 Score Score Q/Q
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Q1 2019 – Q2 2019 - CEE
11 Bottom 5 - CEE
0.56 0.25 0.17 0.16 0.13
- 0.05
- 0.05
- 0.06
- 0.07
- 0.2
- 0.3
- 0.2
- 0.1
0.1 0.2 0.3 0.4 0.5 0.6 10 20 30 40 50 60 70 80 Moldova Slovak Republic Romania Belarus Bulgaria Estonia Latvia Albania Turkey Czech Republic Q/Q CHANGE 2019 Q2 SCORE
Top 5 - CEE
2019 Q2 Score Score Q/Q
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Q1 2019 – Q2 2019 – MIDDLE EAST
12 Bottom 5 – Middle East
0.05 0.04 0.02
- 0.03
- 0.08
- 0.08
- 0.1
- 0.08
- 0.06
- 0.04
- 0.02
0.02 0.04 0.06 10 20 30 40 50 60 70 80 Saudi Arabia Qatar Oman Iran Yemen Iraq Lebanon United Arab Emirates Jordan Bahrain Q/Q CHANGE 2019 Q2 SCORE
Top 5 - Middle East
2019 Q2 Score Score Q/Q
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Q1 2019 – Q2 2019 – WESTERN EUROPE
13 Bottom 5 – Western Europe
0.13 0.12 0.12 0.06 0.05
- 0.01
- 0.01
- 0.01
- 0.01
- 0.02
- 0.04
- 0.02
0.02 0.04 0.06 0.08 0.1 0.12 0.14 10 20 30 40 50 60 70 80 90 100 Greece United Kingdom Belgium Spain Switzerland Italy Austria Finland Germany Denmark Q/Q CHANGE 2019 Q2 SCORE
Top 5 - Western Europe
2019 Q2 Score Score Q/Q
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Regio ion Score Rank Up Down Up Down
Africa 42 8 12 32 Americas 17 5 6 12 Asia 21 11 13 14 Australasia 10 1 4 1 Caribbean 8 5 2 11 Central & Eastern Europe 21 4 13 8 Middle East 7 6 4 7 Western Europe 18 1 8 3 Total tal 144 41 41 62 62 88 88 14
GLOBAL MOVEMENTS: Q2 2019-2018
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YEAR ON YEAR – GLOBAL TOP/BOTTOM 5
Country try 2019 Q2 Q2 Score Y/Y Y Change ange Top 5
Nepal 31.89 9.11 Egypt 38.41 5.47 Slovenia 68.58 5.42 Greece 40.35 5.31 Moldova 34.05 5.3
Bottom 5
Korea South 69.17
- 2.59
Panama 51.44
- 3.15
Macau 67.53
- 4.14
Brunei 49.23
- 4.28
Bermuda 52.13
- 4.74
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Q2 2018 – Q2 2019 – AFRICA
16 Bottom 5 – Africa
5.47 5.06 4.86 4.84 4.77
- 0.06
- 0.33
- 0.68
- 2.1
- 2.19
- 3
- 2
- 1
1 2 3 4 5 6 10 20 30 40 50 60 Egypt Angola
- Dem. Rep.
Of the Congo Ghana Côte d‘Ivoire Tanzania Zambia Seychelles Algeria South Africa Y/Y CHANGE 2019 Q2 SCORE
Top 5 - Africa
2019 Q2 Score Score Y/Y
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Q2 2018 – Q2 2019 – AMERICAS
17 Bottom 5 – Americas
2.94 2.43 2.19 1.82 1.8
- 0.09
- 0.19
- 0.23
- 1.66
- 3.15
- 4
- 3
- 2
- 1
1 2 3 4 10 20 30 40 50 60 70 80 90 Belize Bolivia Honduras Ecuador Chile Canada Peru Costa Rica Nicaragua Panama Y/Y change 2019 Q2 Score
Top 5 - Americas
2019 Q2 Score Score Y/Y
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Q2 2018-Q2 2019 – ASIA
18
9.11 4.29 3.24 2.73 2.18
- 1.53
- 1.83
- 2.59
- 4.14
- 4.28
- 6
- 4
- 2
2 4 6 8 10 10 20 30 40 50 60 70 80 Nepal Uzbekistan Armenia Maldives Mongolia Malaysia Philippines Korea South Macau Brunei Y/Y change 2019 Q2 Score
Top 5 - Asia
2019 Q2 Score Score Y/Y
Bottom 5 – Asia
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Q2 2018-Q2 2019 – AUSTRALASIA
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2.09 2.01 1.6 1 0.91 0.76 0.6 0.57 0.45
- 0.92
- 1.5
- 1
- 0.5
0.5 1 1.5 2 2.5 10 20 30 40 50 60 70 80 90 Vanuatu Papua New Guinea Micronesia (Fed. States) New Caledonia Australia Marshall Islands Tonga Solomon Islands New Zealand Fiji Y/Y change 2019 Q2 Score
Top 5 - Australasia
2019 Q2 Score Score Y/Y
Bottom 5 – Australasia
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Q2 2018-Q2 2019 – CARIBBEAN
20 Bottom 5 –Caribbean
1.89 1.32 1.14 0.97 0.9
- 0.14
- 0.17
- 0.42
- 0.65
- 4.74
- 6
- 5
- 4
- 3
- 2
- 1
1 2 3 10 20 30 40 50 60 Trinidad & Tobago Jamaica Barbados Grenada St Lucia Cuba Bahamas Dominica Antigua & Barbuda Bermuda Y/Y change 2019 Q2 Score
Top 5 - Caribbean
2019 Q2 Score Score Y/Y
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Q2 2018 – Q2 2019 – CEE
21 Bottom 5 –CEE
5.42 5.3 5.13 3.96 3.59 0.48
- 0.2
- 0.67
- 0.86
- 0.91
- 2
- 1
1 2 3 4 5 6 10 20 30 40 50 60 70 80 2019 Q2 Score
Top 5 - CEE
2019 Q2 Score Score Y/Y
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Q2 2018 – Q2 2019 – MIDDLE EAST
22 Bottom 5 –Middle East
4.3 3.71 2.54 1.96 1.36
- 0.38
- 0.49
- 0.7
- 1.33
- 1.42
- 2
- 1
1 2 3 4 5 10 20 30 40 50 60 70 80 Iraq Lebanon Jordan Yemen Kuwait Qatar Saudi Arabia Bahrain Oman United Arab Emirates Y/Y change 2019 Q2 Score
Top 5 - Middle East
2019 Q2 Score Score Y/Y
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Q2 2018 – Q2 2019 – WESTERN EUROPE
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5.31 3.49 3.48 3.28 2.68 0.61 0.56 0.45 0.41
- 0.88
- 2
- 1
1 2 3 4 5 6 10 20 30 40 50 60 70 80 90 100 Greece Italy Portugal Spain Ireland Belgium France Germany Sweden Iceland Y/Y change 2019 Q2 Score
Top 5 - Western Europe
2019 Q2 Score Score Y/Y
Bottom 5 –Western Europe
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CONTACTS
Chen-Ta Sung Programme Manager Euromoney Country Risk Tel: +44 (0)20 77798752 chenta.sung@euromoney.com Patrick McCulloch ECR Sales Manager Euromoney Country Risk Tel: +44 (0) 2895 912905 Patrick.mcculloch@euromoneyplc.com