Country risk ranking drops

by Executive Editors May 16, 2005

written by Executive Editors May 16, 2005

Lebanon saw its global country risk ranking drop by two notches, reinforcing its low position among the Middle East and North African (MENA) countries, according to Euromoney magazine’s twice-yearly survey. Ranked 109th globally, down from 107th in September 2004 – behind Cape Verde and Ecuador – Lebanon ranked 14th out of 19 MENA countries, scoring 36 points, well below the regional 49.14 average. The country’s overall score regressed by 7% from the previous survey and declined by 3% on a year-on-year average. The survey evaluates individual country risk by assigning a weighting to nine categories ranging from political risk to economic performance, debt indicators and access to bank finance. Lebanon maintained a perfect score on debt default and rescheduling, reflecting the country’s clean record in honoring its debt obligations, and also scored high on political risk and debt indicators. Lebanon scored lowest in credit ratings, access to bank finance and

Executive Editors

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Country risk ranking drops

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