Recent Country Risk Changes
Updated 8 Nov 2012
Country Risk Classification Changes to sub-Saharan Africa
5 Nov 2012
- Angola - was upgraded from Category 6 to 5
- Botswana - was upgraded from Category 3 to 2
- Cape Verde - was downgraded from Category 5 to 6
- Mali - was downgraded from Category 6 to 7
Country Risk Classification Changes to sub-Saharan Africa
31 Oct 2011
- Ghana - was upgraded from Category 6 to 5
- Cape Verde - was upgraded from Category 6 to 5
- Congo, Rep. - was upgraded from Category 7 to 6
- Madagascar - was downgraded from Category 6 to 7
Country Risk Classification Change to Uruguay
13 Jul 2011
- Uruguay - was upgraded from Category 4 to 3
Country Risk Classification Change to Bahrain, Libya, Mongolia & Syria
4 Apr 2011
- Bahrain - was downgraded from Category 3 to 4
- Libya - was downgraded from Category 5 to 7
- Mongolia - was upgraded from Category 6 to 5
- Syria - was downgraded from Category 6 to 7
Country Risk Classification Change to Estonia
24 Mar 2011
- Estonia - was upgraded from Category 4 to 0
Country Risk Classification Changes to Europe, the C.I.S and Northern Africa
8 Feb 2011
Following quarterly OECD meetings on 26th and 27th January, the risk classification for 30 countries in Europe and the C.I.S, and of Northern Africa as well as two multilateral institutions (Black Sea Trade and the African Development Bank) were reviewed. Two countries were re-classified, and one was classified for the first time.
- Russia - was upgraded from Category 4 to 3
- Libya - was upgraded from Category 6 to 5
- Kosovo - was classified for the first time in Category 7
Country Risk Classification Changes to sub-Saharan Africa
1 Nov 2010
- Gabon was upgraded from Category 6 to 5
- Nigeria was upgraded from Category 6 to 5
Country Risk Classification Changes to Asia and the Middle East
13 April 2010
Following quarterly OECD meetings on 31 March 2010, the risk classification of multiple countries were reviewed in the regions of Asia and the Middle East. The following four countries have had their OECD rating altered:
- Bahrain - was downgraded from 2 to 3
- United Arab Emirates - was downgraded from 2 to 3
- Yemen - was downgraded from 6 to 7
- Indonesia - was upgraded from 5 to 4
Premium Changes to Europe, the C.I.S and Northern Africa
5 February 2010
Following quarterly OECD meetings on 27 January 2010, the risk classification of multiple countries were reviewed in the regions of Europe and the C.I.S, and of Northern Africa, as well as two multilateral institutions (Black Sea Trade and Development Bank and the African Development Bank). The following four countries have had their OECD rating altered:
- Estonia - was downgraded from 3 to 4
- Latvia - was downgraded from 4 to 5
- Lithuania - was downgraded from 3 to 4
- Serbia - was upgraded from 7 to 6
Premium Changes to the Sub-Saharan Africa region, Kazakhstan and Russian Federation
3 Nov 2009
Following quarterly OECD meetings on 21 – 22 October 2009, the risk classification of 46 countries were reviewed in the Sub-Saharan Africa region, as well as Kazakhstan and Russian Federation . The following three countries have been downgraded:
- Botswana - was downgraded from 2 to 3
- Kazakhstan - was downgraded from 4 to 5
- Russian Federation - was downgraded from 3 to 4
Premium Changes in Asia and Middle East, as well as Romania, Ukraine (and the Asian Development Bank)
1-2nd April 2009
Following quarterly OECD meetings in April 2009, the risk classification of 38 countries were reviewed. The following eight countries have been upgraded or downgraded:
- Maldives - was downgraded from 6 to 7
- Pakistan - was downgraded from 6 to 7
- Viet Nam - was downgraded from 4 to 5
- Syria - was upgraded from 7 to 6
- Romania - was downgraded from 3 to 4
- Ukraine - was downgraded from 6 to 7
Premium Changes in Europe and the C.I.S, Northern Africa, the Black Sea Trade and Development Bank and the African Development Bank
30 Jan 2009
Following quarterly OECD meetings in January 2009, the risk classification of 32 countries were reviewed. The following eight countries have been upgraded or downgraded:
- Bulgaria - was downgraded from 3 to 4
- Croatia - was downgraded from 4 to 5
- Estonia - was downgraded from 2 to 3
- Hungary - was downgraded from 3 to 4
- Latvia - was downgraded from 3 to 4
- Lithuania - was downgraded from 2 to 3
- Slovak Republic - was upgraded from 1 to 0
- Ukraine - was downgraded from 5 to 6
