Country Reports

Use the country credit ratings to plan and manage your international trade.
Our analysis is your best guide to making decisions with confidence.

What is a Country Risk Analysis?

A country risk rating measures the risk of non-payment by companies in a given country. This risk is due to conditions or events outside any company's control. Knowing a country's risk, can help you make better decisions when trading internationally.

The overall country analysis is based on two elements:

  • Medium-Term Rating (Country Grade)
  • Short-Term Rating (Country Risk Level)

By looking at these two factors together, Allianz Trade is able to create a model and system for evaluating country risk levels.

Medium-Term Rating

Medium-Term Rating (Country Grade)

The country grade measures economic imbalances, the quality of the business climate, and the likelihood of political hazards. It is based on a six-level scale, AA (lowest risk) to D (highest risk). The rating is a combination of:

  1. The Macroeconomic Rating (ME) based on the analysis of the structure of the economy, budgetary and monetary policy, indebtedness, the external balance, the stability of the banking system and the capacity to respond effectively to (emerging) weaknesses
  2. The Structural Business Environment Rating (SBE) measures the perceptions of the regulatory and legal framework, control of corruption and relative ease of doing business
  3. The Political Risk Rating (P), which is based on the analysis of mechanisms for transferring and concentration of power, the effectiveness of policy-making, the independence of institutions, social cohesion, and international relations. 

 

Short-Term Rating

Short-Term Rating (Country Risk Level)

The country risk level identifies more immediate threats by focusing on the direction of economic output in the next 6-12 months by using macroeconomic indicators that can signal finanical crisis as a result of a disruption to finanical flows. It is based on a scale ranging from 1 to 4, with 1 being the lowest risk level and 4 being the highest risk level.

  1. The Financial Flows Indicator (FFI), a measure of short-term financing risks for an economy that can impact payments of trade receivables between companies
  2. The Cyclical Risk Indicator (CRI) which measures the short-term disruptions in demand. It includes our macroeconomic and insolvency forecasts
Click on a country below to access the risk report. Each report features an overall country risk rating, strengths and weaknesses, economic overview, trade structure, and collection complexity. 
Asia Pacific

Allianz Trade is the global leader in  trade credit insurance and  credit management, offering tailored solutions to mitigate the risks associated with  bad debt, thereby ensuring the financial stability of businesses. Our products and services help companies with  risk managementcash flow management, accounts receivables protection,  Surety bonds business fraud Insurance debt collection processes and  e-commerce credit insurance ensuring the financial resilience for our client’s businesses. Our expertise in risk mitigation and finance positions us as trusted advisors, enabling businesses aspiring for global success to expand into international markets with confidence.

Our business is built on supporting relationships between people and organizations, relationships that extend across frontiers of all kinds - geographical, financial, industrial, and more. We are constantly aware that our work has an impact on the communities we serve and that we have a duty to help and support others. Everyone at Allianz Trade is encouraged and supported in giving back to communities around them and sharing the benefit of our skills and resources. As a financial services business, we are especially dedicated to raising the level of financial literacy through our  business Tips & advice so that individuals can live their lives in confidence and security. We are also strongly committed to fairness for all, without discrimination, among our own people and in our many relationships with those outside our business.