A strong recovery

AA1

LOW RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Updated in October 2021.

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GDP USD 20936.6bn (World ranking 1, World Bank 2020)
Population 329.48mn (World ranking 3, World Bank 2020)
Form of state Federal Republic
Head of government Joe BIDEN (President)
Next elections 2022, legislative
  • World’s largest economy
  • Effective governmental checks and balances
  • High per capita GDP
  • High data transparency
  • Reserve currency
  • Large oil and gas reserves
  • Diverse GDP
  • Low interest rates and inflation
  • Political polarization
  • High corporate debt
  • High public debt that will rise in the foreseeable future, persistent budget deficits
  • Rising amount of and defaults on consumer debt
  • Social disruption
  • Insolvencies to rise

Trade structure by destination/origin

(% of total, 2020)

Exports Rank Imports
Canada 17.8%
1
19.0% China
Mexico 14.9%
2
13.7% Mexico
China 8.7%
3
11.5% Canada
Japan 4.5%
4
5.1% Japan
United Kingdom 4.1%
5
4.9% Germany

Trade structure by product

(% of total, 2020)

Exports Rank Imports
Electrical machinery, apparatus and appliances, n.e.s. 8.5%
1
10.4% Road vehicles
Petroleum, petroleum products and related materials 8.0%
2
8.3% Electrical machinery, apparatus and appliances, n.e.s.
Road vehicles 7.1%
3
6.2% Office machines and automatic data processing machines
Other industrial machinery and parts 4.4%
4
6.0% Medicinal and pharmaceutical products
Professional and scientific instruments, n.e.s. 4.2%
5
6.0% Miscellaneous manufactured articles, n.e.s.
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
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