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TURKMENISTAN TAJIKISTAN
KYRGYZSTAN
UZBEKISTAN
KAZAKHSTAN
RUSSIA
MONGOLIA
CHINA
SOUTH KOREA
NORTH KOREA
JAPAN
PAKISTAN
INDIA
NEPAL
BANGLADESH
LAOS
THAILANDVIETNAM
CAMBODIA PHILIPPINES
MALAYSIA
INDONESIA
TIMOR-LESTE
PAPUA NEW GUINEA
AUSTRALIA
NEW ZEALAND
JORDAN
LEBANON
ISRAEL
CYPRUS
TURKEY
GEORGIA
ARMENIA AZERBAIJAN
EGYPT ALGERIA
TUNISIA MOROCCO
PORTUGAL SPAIN
WESTERN SAHARA
MAURITANIA NIGER
NIGERIABENIN
GHANAIVORY COAST
LIBERIA
SIERRA LEONE
GUINEA
SENEGALERITREA
ETHIOPIA
CAMEROON
UGANDA
TANZANIA
RWANDA BURUNDI
KENYA
MOZAMBIQUE
BOTSWANA
SOUTH AFRICA
LESOTHO
MADAGASCAR
MAURITIUS
REUNION
SRI LANKA
MALDIVES
SAUDI ARABIA
KUWAIT
OMAN
UAE
BRAZIL
FRENCH GUIANA
SURINAME
GUYANA
COLOMBIA
ECUADOR
PERU
BOLIVIA
PARAGUAY
URUGUAY
CHILE
FRENCH ANTILLES
DOMINICAN REPUBLICHAITI
CUBA
JAMAICA
PANAMACOSTA RICA
NICARAGUA
HONDURAS
EL SALVADOR
GUATEMALA
MEXICO
UNITED STATES
CANADA
GREENLAND
ICELAND
QATAR
TOGO
GABONCONGO
MALAWI ZAMBIA
NAMIBIA
AFGHANISTANIRAN
IRAQ
MYANMAR (BURMA)
SYRIA
LIBYA
MALI
CHAD SUDAN
SOMALIA
ZIMBABWE
YEMEN
CENTRAL AFRICAN REPUBLIC
SOUTH SUDAN
VENEZUELA
ARGENTINA
DEMOCRATIC REPUBLIC OF THE CONGO
ANGOLA
DisclaimerThis publication is provided for information purposes only and is not intended as a recommendation or advice as to particular transactions, investments or strategies in any way to any reader. Readers must make their own independent decisions, commercial or otherwise, regarding the information provided. While we have made every attempt to ensure that the information contained in this publication has been obtained from reliable sources, Atradius is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this publication is provided ’as is’, with no guarantee of completeness, accuracy, timeliness or of the results obtained from its use, and without warranty of any kind, express or implied. In no event will Atradius, its related partnerships or corporations, or the partners, agents or employees thereof, be liable to you or anyone else for any decision made or action taken in reliance on the information in this publication, or for any consequential, special or similar damages, even if advised of the possibility of such damages.
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Country Risk Map 2020 Q2
South Korea
Movement FocusBrazil United Arab Emirates
The economy will take a hit from the Covid-19 outbreak. The government is implementing fiscal measures to soften the economic impact. While public debt is expected to rise, it remains sustainable. The country also has ample foreign reserves to cover external financing needs.
Weak economic recovery is being derailed by the pandemic and the economy is once again entering recession. High official reserves and a flexible exchange rate help Brazil to weather the economic downturn.
UAE’s economy was already struggling at the start of the year due to OPEC production cuts and a dip in the real estate sector, before the outlook significantly worsened due to Covid-19 restrictions. Fiscal consolidation will likely be resumed over the coming years.
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LATVIA
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DENMARK
NETHERLANDS
BELGIUM
FRANCE
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CZECH REPUBLIC
SLOVAKIA
HUNGARYAUSTRIA
SWITZERLAND
ITALY
BOSNIA
SLOVENIACROATIA
SERBIA
MACEDONIA
ALBANIA
GREECE
MONTENEGRO
UKRAINE
MOLDOVA
ROMANIA
BULGARIA
SPAINPORTUGAL
MALTA
Top country movements
South Korea
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United Arab Emirates
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