Country Risk Map 2020 Q1 GREENLAND ICELAND RUSSIA CANADA KAZAKHSTAN MONGOLIA UZBEKISTAN GEORGIA KYRGYZSTAN NORTH SPAIN ARMENIA AZERBAIJAN UNITED STATES KOREA PORTUGAL TURKEY TURKMENISTAN TAJIKISTAN SOUTH JAPAN CYPRUS SYRIA KOREA Grenada TUNISIA LEBANON AFGHANISTAN MOROCCO IRAQ ISRAEL IRAN CHINA JORDAN KUWAIT ALGERIA PAKISTAN NEPAL LIBYA Top country movements EGYPT QATAR WESTERN SAHARA SAUDI UAE BANGLADESH ARABIA INDIA OMAN MYANMAR MEXICO CUBA DOMINICAN HAITI (BURMA) REPUBLIC MAURITANIA LAOS American Samoa MALI JAMAICA FRENCH NIGER GUATEMALA HONDURAS ANTILLES ERITREA SENEGAL CHAD YEMEN THAILAND EL SALVADOR SUDAN VIETNAM Virgin Islands (US) NICARAGUA CAMBODIA PHILIPPINES GUINEA BENIN COSTA RICA PANAMA NIGERIA SOMALIA SIERRA LEONE TOGO VENEZUELA IVORY SOUTH ETHIOPIA FRENCH COAST GHANA CENTRAL AFRICAN SUDAN SRI LANKA Northern Mariana Islands GUYANA GUIANA LIBERIA REPUBLIC CAMEROON MALAYSIA COLOMBIA SURINAME MALDIVES Guam CONGO UGANDA KENYA ECUADOR GABON DEMOCRATIC INDONESIA REPUBLIC OF RWANDA BURUNDI THE CONGO PAPUA NEW GUINEA TANZANIA TIMOR-LESTE PERU BRAZIL ANGOLA MALAWI ZAMBIA SWEDEN BOLIVIA MADAGASCAR ZIMBABWE MOZAMBIQUE NAMIBIA MAURITIUS FINLAND PARAGUAY BOTSWANA REUNION AUSTRALIA NORWAY SOUTH LESOTHO AFRICA ESTONIA URUGUAY ARGENTINA CHILE LATVIA DENMARK LITHUANIA Movement Focus NEW ZEALAND BELARUS IRELAND UNITED KINGDOM NETHERLANDS POLAND GERMANY Republic of Congo Hong Kong Togo BELGIUM CZECH REPUBLIC UKRAINE SLOVAKIA The political situation is extremely fragile. The coronavirus outbreak in mainland China will There is a significant possibility of widespread AUSTRIA MOLDOVA FRANCE SWITZERLAND HUNGARY The government will seek to improve the curtail a tentative rebound in Hong Kong’s protests ahead of the 2020 presidential election. SLOVENIA ROMANIA CROATIA management of public finances and implement economy, following long-running protests in the Growth will be weakened by the coronavirus BOSNIA SERBIA structural reforms, but high corruption and second half of 2019. The coronavirus will result in a outbreak. High current account deficit and high ITALY MONTENEGRO BULGARIA bureaucratic inefficiency make progress difficult. drastic fall in spending by both domestic government debt make the economy of Togo MACEDONIA ALBANIA Economic activity will be driven by the mining consumers and tourists. Antipathy towards the vulnerable. PORTUGAL SPAIN GREECE sector. government remains high and disruptive demonstrations are likely to erupt again in 2020. MALTA Low Risk Moderate-Low Risk Moderate Risk Moderate-High Risk High Risk Very High Risk The Atradius Risk Map gives an overview of the level of risk associated with countries worldwide. This map has been created by our Economic Research team and drawn from a range of sources. This map is provided for information purposes only and is not intended as a recommendation as to particular transactions, investments or strategies in any way to any reader. For our full disclaimer and further information on our Risk Map, please visit: https://group.atradius.com/publications/trading-briefs/risk-map.html .