Muddling through a high-interest-rate environment

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 2023.

Swipe to view more

GDP USD 25462.7bn (World ranking 1, World Bank 2022)
Population 333.3mn (World ranking 3, World Bank 2022)
Form of state Federal Republic
Head of government Joe BIDEN (President)
Next elections November 2024, presidential and 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
  • Increasing political polarization and unpredictability of policymaking
  • High public debt that will rise in the foreseeable future, persistent budget deficits
  • Social disruption
  • Insolvencies rising

Trade structure by destination/origin

(% of total, 2021)

Exports Rank Imports
Canada 17.5%
1
18.5% China
Mexico 15.8%
2
13.2% Mexico
China 8.6%
3
12.4% Canada
Japan 4.3%
4
4.8% Japan
South Korea 3.8%
5
4.7% Germany

Trade structure by product

(% of total, 2021)

Exports Rank Imports
Petroleum, petroleum products and related materials 9.2%
1
9.5% Road vehicles
Electrical machinery, apparatus and appliances, n.e.s. 7.9%
2
8.4% Electrical machinery, apparatus and appliances, n.e.s.
Road vehicles 6.7%
3
7.0% Petroleum, petroleum products and related materials
Medicinal and pharmaceutical products 4.6%
4
5.9% Office machines and automatic data processing machines
Other industrial machinery and parts 4.0%
5
5.8% 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.
Popular Risk Reports: Americas

Popular Risk Reports: Europe

Popular Risk Reports: Asia Pacific

Popular Risk Reports: Middle East

Popular Risk Reports: Africa