Classification Of Countries Into Risk Categories
Valid as of: 10 August 2016
You can download Classification of Countries HERE
HBOR classifies countries into one of seven risk categories (1-7). Category 1 represents the lowest and category 7 represents the highest level of country risk.
This Country Risk Classificatios is for informational use and is used to assess the opportunities, risks and conditions of export credit insurance for transactions into certain countries.
You can download Classification of Countries HERE
| Country A | Risk Category |
| AFGHANISTAN | 7 |
| ALBANIA | 6 |
| ALGERIA | 4 |
| ARGENTINA | 7 |
| ARMENIA | 6 |
| AUSTRALIA | 1 |
| AUSTRIA | 1 |
| AZERBAIJAN | 5 |
| B | |
| BAHAMAS | 3 |
| BAHRAIN | 4 |
| BANGLADESH | 6 |
| BELARUS | 7 |
| BELGIUM | 1 |
| BENIN | 6 |
| BHUTAN | 6 |
| BOLIVIA | 5 |
| BOSNIA AND HERZEGOVINA | 7 |
| BRAZIL | 4 |
| BULGARIA | 4 |
| BURKINA-FASO | 7 |
| BURUNDI | 7 |
| C | |
| CAMBODIA | 6 |
| CAMEROON | 6 |
| CANADA | 1 |
| CHILE | 1 |
| CHINA | 2 |
| COLOMBIA | 4 |
| COSTA RICA | 3 |
| CUBA | 7 |
| CYPRUS | 1 |
| CZECH REPUBLIC | 1 |
| D | |
| DEMOCRATIC PEOPLE'S REPUBLICA OF KOREA | 7 |
| DEMOCRATIC REPUBLIC OF THE CONGO | 7 |
| DENMARK | 1 |
| E | |
| ECUADOR | 6 |
| EGYPT | 6 |
| ESTONIA | 1 |
| ETHIOPIA | 7 |
| F | |
| FINLAND | 1 |
| FRANCE | 1 |
| G | |
| GABON | 5 |
| GEORGIA | 6 |
| GERMANY | 1 |
| GHANA | 6 |
| GREECE | 1 |
| GUATEMALA | 4 |
| GUINEA-BISSAU | 7 |
| H | |
| HUNGARY | 4 |
| I | |
| ICELAND | 1 |
| INDIA | 3 |
| INDONESIA | 3 |
| IRAN | 6 |
| IRAQ | 7 |
| IRELAND | 1 |
| ISRAEL | 1 |
| ITALY | 1 |
| J | |
| JAPAN | 1 |
| JORDAN | 5 |
| K | |
| KAZAKHSTAN | 6 |
| KENYA | 6 |
| KOSOVO | 7 |
| KUWAIT | 2 |
| KYRGYZSTAN | 7 |
| L | |
| LAO PEOPLE'S DEMOCRATIC REPUBLIC | 7 |
| LATVIA | 1 |
| LEBANON | 7 |
| LIBERIA | 7 |
| LIBYA | 7 |
| LIECHTENSTEIN | 1 |
| LITHUANIA | 1 |
| LUXEMBURG | 1 |
| M | |
| MACEDONIA | 5 |
| MALAYSIA | 2 |
| MALTA | 1 |
| MEXICO | 3 |
| MONTENEGRO | 7 |
| MOROCCO | 3 |
| MYANMAR | 7 |
| N | |
| NAMIBIA | 4 |
| NEPAL | 6 |
| NETHERLANDS | 1 |
| NEW ZEALAND | 1 |
| NIGER | 7 |
| NIGERIA | 5 |
| NORWAY | 1 |
| O | |
| OMAN | 3 |
| P | |
| PAKISTAN | 7 |
| PANAMA | 3 |
| PHILIPPINES | 3 |
| POLAND | 1 |
| PORTUGAL | 1 |
| Q | |
| QATAR | 3 |
| R | |
| REPUBLIC OF KOREA | 1 |
| REPUBLIC OF MOLDOVA | 7 |
| ROMANIA | 3 |
| RUSSIAN FEDERATION | 4 |
| S | |
| SAUDI ARABIA | 2 |
| SENEGAL | 6 |
| SERBIA | 6 |
| SINGAPORE | 1 |
| SLOVAKIA | 1 |
| SLOVENIA | 1 |
| SOUTH AFRICA | 4 |
| SPAIN | 1 |
| SRI LANKA | 6 |
| SUDAN | 7 |
| SWEDEN | 1 |
| SWITZERLAND | 1 |
| SYRIAN ARAB REPUBLIC | 7 |
| T | |
| TAJIKISTAN | 7 |
| THAILAND | 3 |
| TUNISIA | 4 |
| TURKEY | 4 |
| TURKMENISTAN | 6 |
| U | |
| UKRAINE | 7 |
| UNITED ARAB EMIRATES | 2 |
| UNITED KINGDOM OF GREAT BRITAIN AND NOTHERN IRELAND | 1 |
| UNITED REPUBLIC OF TANZANIA | 6 |
| UNITED STATES OF AMERICA | 1 |
| UZBEKISTAN | 6 |
| V | |
| VENEZUELA | 7 |
| VIET NAM | 5 |
| Y | |
| YEMEN | 7 |
| Z | |
| ZAMBIA | 6 |
| ZIMBABWE | 7 |
This Country Risk Classificatios is for informational use and is used to assess the opportunities, risks and conditions of export credit insurance for transactions into certain countries.