Country
|
PRS Score
|
Total Equity Risk Premium
|
Rating-based Default Spread
|
Final ERP
|
Tax Rate
|
CRP
|
Abu Dhabi
|
#N/A
|
4.73%
|
0.42%
|
4.73%
|
55.00%
|
0.49%
|
Albania
|
69.25
|
8.69%
|
3.83%
|
8.69%
|
15.00%
|
4.45%
|
Andorra (Principality of)
|
#N/A
|
6.12%
|
1.62%
|
6.12%
|
18.98%
|
1.88%
|
Angola
|
62.75
|
10.67%
|
5.53%
|
10.67%
|
25.00%
|
6.43%
|
Argentina
|
67.00
|
16.11%
|
10.21%
|
16.11%
|
25.00%
|
11.87%
|
Armenia
|
64.75
|
7.80%
|
3.06%
|
7.80%
|
18.00%
|
3.56%
|
Aruba
|
#N/A
|
6.12%
|
1.62%
|
6.12%
|
25.00%
|
1.88%
|
Australia
|
80.00
|
4.24%
|
0.00%
|
4.24%
|
30.00%
|
0.00%
|
Austria
|
78.00
|
4.63%
|
0.34%
|
4.63%
|
25.00%
|
0.39%
|
Azerbaijan
|
72.00
|
7.21%
|
2.56%
|
7.21%
|
20.00%
|
2.97%
|
Bahamas
|
72.00
|
7.80%
|
3.06%
|
7.80%
|
0.00%
|
3.56%
|
Bahrain
|
68.25
|
9.68%
|
4.68%
|
9.68%
|
0.00%
|
5.44%
|
Bangladesh
|
66.75
|
7.80%
|
3.06%
|
7.80%
|
32.50%
|
3.56%
|
Barbados
|
#N/A
|
11.65%
|
6.38%
|
11.65%
|
5.50%
|
7.41%
|
Belarus
|
65.00
|
10.67%
|
5.53%
|
10.67%
|
18.00%
|
6.43%
|
Belgium
|
77.50
|
4.84%
|
0.51%
|
4.84%
|
25.00%
|
0.60%
|
Belize
|
#N/A
|
14.13%
|
8.51%
|
14.13%
|
27.18%
|
9.89%
|
Benin
|
#N/A
|
8.69%
|
3.83%
|
8.69%
|
30.00%
|
4.45%
|
Bermuda
|
#N/A
|
5.08%
|
0.72%
|
5.08%
|
0.00%
|
0.84%
|
Bolivia
|
66.50
|
9.68%
|
4.68%
|
9.68%
|
25.00%
|
5.44%
|
Bosnia and Herzegovina
|
#N/A
|
10.67%
|
5.53%
|
10.67%
|
10.00%
|
6.43%
|
Botswana
|
76.50
|
5.43%
|
1.02%
|
5.43%
|
22.00%
|
1.19%
|
Brazil
|
69.50
|
7.21%
|
2.56%
|
7.21%
|
34.00%
|
2.97%
|
Bulgaria
|
74.75
|
5.82%
|
1.36%
|
5.82%
|
10.00%
|
1.58%
|
Burkina Faso
|
61.25
|
9.68%
|
4.68%
|
9.68%
|
28.00%
|
5.44%
|
Cambodia
|
#N/A
|
9.68%
|
4.68%
|
9.68%
|
20.00%
|
5.44%
|
Cameroon
|
61.25
|
9.68%
|
4.68%
|
9.68%
|
33.00%
|
5.44%
|
Canada
|
81.25
|
4.24%
|
0.00%
|
4.24%
|
26.50%
|
0.00%
|
Cape Verde
|
#N/A
|
10.67%
|
5.53%
|
10.67%
|
0.00%
|
6.43%
|
Cayman Islands
|
#N/A
|
4.84%
|
0.51%
|
4.84%
|
0.00%
|
0.60%
|
Chile
|
73.75
|
4.94%
|
0.60%
|
4.94%
|
27.00%
|
0.70%
|
China
|
#N/A
|
4.94%
|
0.60%
|
4.94%
|
25.00%
|
0.70%
|
Colombia
|
64.50
|
6.12%
|
1.62%
|
6.12%
|
31.00%
|
1.88%
|
Congo (Democratic Republic of)
|
#N/A
|
11.65%
|
6.38%
|
11.65%
|
30.00%
|
7.41%
|
Congo (Republic of)
|
#N/A
|
13.14%
|
7.66%
|
13.14%
|
28.00%
|
8.90%
|
Cook Islands
|
#N/A
|
8.69%
|
3.83%
|
8.69%
|
28.43%
|
4.45%
|
Costa Rica
|
73.00
|
9.68%
|
4.68%
|
9.68%
|
30.00%
|
5.44%
|
Côte d'Ivoire
|
#N/A
|
7.80%
|
3.06%
|
7.80%
|
25.00%
|
3.56%
|
Croatia
|
75.50
|
6.71%
|
2.13%
|
6.71%
|
18.00%
|
2.47%
|
Cuba
|
55.25
|
16.11%
|
10.21%
|
16.11%
|
27.18%
|
11.87%
|
Curacao
|
#N/A
|
6.12%
|
1.62%
|
6.12%
|
22.00%
|
1.88%
|
Cyprus
|
71.25
|
6.71%
|
2.13%
|
6.71%
|
12.50%
|
2.47%
|
Czech Republic
|
77.75
|
4.84%
|
0.51%
|
4.84%
|
19.00%
|
0.60%
|
Denmark
|
85.50
|
4.24%
|
0.00%
|
4.24%
|
22.00%
|
0.00%
|
Dominican Republic
|
73.00
|
7.80%
|
3.06%
|
7.80%
|
27.00%
|
3.56%
|
Ecuador
|
68.50
|
14.13%
|
8.51%
|
14.13%
|
25.00%
|
9.89%
|
Egypt
|
64.50
|
9.68%
|
4.68%
|
9.68%
|
22.50%
|
5.44%
|
El Salvador
|
68.25
|
11.65%
|
6.38%
|
11.65%
|
30.00%
|
7.41%
|
Estonia
|
73.25
|
4.94%
|
0.60%
|
4.94%
|
20.00%
|
0.70%
|
Ethiopia
|
56.75
|
13.14%
|
7.66%
|
13.14%
|
30.00%
|
8.90%
|
Fiji
|
#N/A
|
8.69%
|
3.83%
|
8.69%
|
20.00%
|
4.45%
|
Finland
|
81.75
|
4.63%
|
0.34%
|
4.63%
|
20.00%
|
0.39%
|
France
|
74.00
|
4.73%
|
0.42%
|
4.73%
|
26.50%
|
0.49%
|
Gabon
|
65.25
|
11.65%
|
6.38%
|
11.65%
|
30.00%
|
7.41%
|
Georgia
|
#N/A
|
7.21%
|
2.56%
|
7.21%
|
15.00%
|
2.97%
|
Germany
|
82.50
|
4.24%
|
0.00%
|
4.24%
|
30.00%
|
0.00%
|
Ghana
|
67.00
|
10.67%
|
5.53%
|
10.67%
|
25.00%
|
6.43%
|
Greece
|
69.25
|
7.80%
|
3.06%
|
7.80%
|
24.00%
|
3.56%
|
Guatemala
|
71.50
|
6.71%
|
2.13%
|
6.71%
|
25.00%
|
2.47%
|
Guernsey (States of)
|
#N/A
|
4.84%
|
0.51%
|
4.84%
|
0.00%
|
0.60%
|
Honduras
|
68.00
|
8.69%
|
3.83%
|
8.69%
|
25.00%
|
4.45%
|
Hong Kong
|
76.75
|
4.84%
|
0.51%
|
4.84%
|
16.50%
|
0.60%
|
Hungary
|
74.00
|
6.12%
|
1.62%
|
6.12%
|
9.00%
|
1.88%
|
Iceland
|
81.00
|
5.08%
|
0.72%
|
5.08%
|
20.00%
|
0.84%
|
India
|
72.50
|
6.42%
|
1.87%
|
6.42%
|
30.00%
|
2.18%
|
Indonesia
|
69.25
|
6.12%
|
1.62%
|
6.12%
|
35.00%
|
1.88%
|
Iraq
|
65.25
|
11.65%
|
6.38%
|
11.65%
|
35.00%
|
7.41%
|
Ireland
|
82.25
|
5.08%
|
0.72%
|
5.08%
|
12.50%
|
0.84%
|
Isle of Man
|
#N/A
|
4.84%
|
0.51%
|
4.84%
|
0.00%
|
0.60%
|
Israel
|
75.75
|
4.94%
|
0.60%
|
4.94%
|
23.00%
|
0.70%
|
Italy
|
76.50
|
6.42%
|
1.87%
|
6.42%
|
24.00%
|
2.18%
|
Jamaica
|
73.75
|
9.68%
|
4.68%
|
9.68%
|
25.00%
|
5.44%
|
Japan
|
80.25
|
4.94%
|
0.60%
|
4.94%
|
30.62%
|
0.70%
|
Jersey (States of)
|
#N/A
|
4.24%
|
0.00%
|
4.24%
|
0.00%
|
0.00%
|
Jordan
|
64.75
|
8.69%
|
3.83%
|
8.69%
|
20.00%
|
4.45%
|
Kazakhstan
|
72.75
|
6.12%
|
1.62%
|
6.12%
|
20.00%
|
1.88%
|
Kenya
|
63.00
|
9.68%
|
4.68%
|
9.68%
|
30.00%
|
5.44%
|
Korea
|
#N/A
|
4.73%
|
0.42%
|
4.73%
|
25.00%
|
0.49%
|
Kuwait
|
72.75
|
4.94%
|
0.60%
|
4.94%
|
15.00%
|
0.70%
|
Kyrgyzstan
|
#N/A
|
9.68%
|
4.68%
|
9.68%
|
10.00%
|
5.44%
|
Latvia
|
73.50
|
5.43%
|
1.02%
|
5.43%
|
20.00%
|
1.19%
|
Lebanon
|
51.50
|
24.58%
|
17.50%
|
24.58%
|
17.00%
|
20.34%
|
Liechtenstein
|
#N/A
|
4.24%
|
0.00%
|
4.24%
|
12.50%
|
0.00%
|
Lithuania
|
74.50
|
5.08%
|
0.72%
|
5.08%
|
15.00%
|
0.84%
|
Luxembourg
|
86.25
|
4.24%
|
0.00%
|
4.24%
|
24.94%
|
0.00%
|
Macao
|
#N/A
|
4.84%
|
0.51%
|
4.84%
|
22.81%
|
0.60%
|
Macedonia
|
#N/A
|
7.80%
|
3.06%
|
7.80%
|
10.00%
|
3.56%
|
Malaysia
|
74.00
|
5.43%
|
1.02%
|
5.43%
|
24.00%
|
1.19%
|
Maldives
|
#N/A
|
11.65%
|
6.38%
|
11.65%
|
22.81%
|
7.41%
|
Mali
|
59.25
|
11.65%
|
6.38%
|
11.65%
|
22.81%
|
7.41%
|
Malta
|
76.25
|
5.08%
|
0.72%
|
5.08%
|
35.00%
|
0.84%
|
Mauritius
|
#N/A
|
6.12%
|
1.62%
|
6.12%
|
15.00%
|
1.88%
|
Mexico
|
70.00
|
5.82%
|
1.36%
|
5.82%
|
30.00%
|
1.58%
|
Moldova
|
68.25
|
10.67%
|
5.53%
|
10.67%
|
12.00%
|
6.43%
|
Mongolia
|
66.25
|
10.67%
|
5.53%
|
10.67%
|
25.00%
|
6.43%
|
Montenegro
|
#N/A
|
8.69%
|
3.83%
|
8.69%
|
9.00%
|
4.45%
|
Montserrat
|
#N/A
|
6.42%
|
1.87%
|
6.42%
|
27.18%
|
2.18%
|
Morocco
|
68.25
|
6.71%
|
2.13%
|
6.71%
|
31.00%
|
2.47%
|
Mozambique
|
50.50
|
13.14%
|
7.66%
|
13.14%
|
32.00%
|
8.90%
|
Namibia
|
72.00
|
7.80%
|
3.06%
|
7.80%
|
32.00%
|
3.56%
|
Netherlands
|
80.25
|
4.24%
|
0.00%
|
4.24%
|
25.00%
|
0.00%
|
New Zealand
|
79.50
|
4.24%
|
0.00%
|
4.24%
|
28.00%
|
0.00%
|
Nicaragua
|
66.75
|
10.67%
|
5.53%
|
10.67%
|
30.00%
|
6.43%
|
Niger
|
58.00
|
10.67%
|
5.53%
|
10.67%
|
22.81%
|
6.43%
|
Nigeria
|
60.50
|
9.68%
|
4.68%
|
9.68%
|
30.00%
|
5.44%
|
Norway
|
88.00
|
4.24%
|
0.00%
|
4.24%
|
22.00%
|
0.00%
|
Oman
|
71.75
|
7.80%
|
3.06%
|
7.80%
|
15.00%
|
3.56%
|
Pakistan
|
57.25
|
10.67%
|
5.53%
|
10.67%
|
29.00%
|
6.43%
|
Panama
|
74.00
|
6.12%
|
1.62%
|
6.12%
|
25.00%
|
1.88%
|
Papua New Guinea
|
67.50
|
9.68%
|
4.68%
|
9.68%
|
30.00%
|
5.44%
|
Paraguay
|
68.75
|
6.71%
|
2.13%
|
6.71%
|
10.00%
|
2.47%
|
Peru
|
70.75
|
5.82%
|
1.36%
|
5.82%
|
29.50%
|
1.58%
|
Philippines
|
69.75
|
6.12%
|
1.62%
|
6.12%
|
30.00%
|
1.88%
|
Poland
|
74.50
|
5.08%
|
0.72%
|
5.08%
|
19.00%
|
0.84%
|
Portugal
|
77.25
|
6.12%
|
1.62%
|
6.12%
|
21.00%
|
1.88%
|
Qatar
|
78.00
|
4.84%
|
0.51%
|
4.84%
|
10.00%
|
0.60%
|
Ras Al Khaimah (Emirate of)
|
#N/A
|
5.43%
|
1.02%
|
5.43%
|
0.00%
|
1.19%
|
Romania
|
70.50
|
6.42%
|
1.87%
|
6.42%
|
16.00%
|
2.18%
|
Russia
|
73.50
|
6.42%
|
1.87%
|
6.42%
|
20.00%
|
2.18%
|
Rwanda
|
#N/A
|
9.68%
|
4.68%
|
9.68%
|
30.00%
|
5.44%
|
Saudi Arabia
|
79.25
|
4.94%
|
0.60%
|
4.94%
|
20.00%
|
0.70%
|
Senegal
|
61.75
|
7.80%
|
3.06%
|
7.80%
|
30.00%
|
3.56%
|
Serbia
|
#N/A
|
7.21%
|
2.56%
|
7.21%
|
15.00%
|
2.97%
|
Sharjah
|
#N/A
|
6.42%
|
1.87%
|
6.42%
|
0.00%
|
2.18%
|
Singapore
|
85.50
|
4.24%
|
0.00%
|
4.24%
|
17.00%
|
0.00%
|
Slovakia
|
73.25
|
5.08%
|
0.72%
|
5.08%
|
21.00%
|
0.84%
|
Slovenia
|
72.00
|
5.43%
|
1.02%
|
5.43%
|
19.00%
|
1.19%
|
Solomon Islands
|
#N/A
|
11.65%
|
6.38%
|
11.65%
|
30.00%
|
7.41%
|
South Africa
|
69.50
|
7.21%
|
2.56%
|
7.21%
|
28.00%
|
2.97%
|
Spain
|
73.00
|
5.82%
|
1.36%
|
5.82%
|
25.00%
|
1.58%
|
Sri Lanka
|
61.00
|
13.14%
|
7.66%
|
13.14%
|
24.00%
|
8.90%
|
St. Maarten
|
#N/A
|
7.21%
|
2.56%
|
7.21%
|
27.18%
|
2.97%
|
St. Vincent & the Grenadines
|
#N/A
|
10.67%
|
5.53%
|
10.67%
|
27.18%
|
6.43%
|
Suriname
|
55.00
|
14.13%
|
8.51%
|
14.13%
|
36.00%
|
9.89%
|
Swaziland
|
#N/A
|
10.67%
|
5.53%
|
10.67%
|
27.50%
|
6.43%
|
Sweden
|
83.50
|
4.24%
|
0.00%
|
4.24%
|
20.60%
|
0.00%
|
Switzerland
|
86.75
|
4.24%
|
0.00%
|
4.24%
|
14.93%
|
0.00%
|
Taiwan
|
86.00
|
4.84%
|
0.51%
|
4.84%
|
20.00%
|
0.60%
|
Tajikistan
|
#N/A
|
10.67%
|
5.53%
|
10.67%
|
22.81%
|
6.43%
|
Tanzania
|
64.75
|
9.68%
|
4.68%
|
9.68%
|
30.00%
|
5.44%
|
Thailand
|
65.50
|
5.82%
|
1.36%
|
5.82%
|
20.00%
|
1.58%
|
Togo
|
63.75
|
10.67%
|
5.53%
|
10.67%
|
22.81%
|
6.43%
|
Trinidad and Tobago
|
#N/A
|
7.21%
|
2.56%
|
7.21%
|
30.00%
|
2.97%
|
Tunisia
|
62.50
|
11.65%
|
6.38%
|
11.65%
|
15.00%
|
7.41%
|
Turkey
|
58.25
|
9.68%
|
4.68%
|
9.68%
|
20.00%
|
5.44%
|
Turks and Caicos Islands
|
#N/A
|
5.82%
|
1.36%
|
5.82%
|
0.00%
|
1.58%
|
Uganda
|
59.50
|
9.68%
|
4.68%
|
9.68%
|
30.00%
|
5.44%
|
Ukraine
|
66.50
|
10.67%
|
5.53%
|
10.67%
|
18.00%
|
6.43%
|
United Arab Emirates
|
78.50
|
4.73%
|
0.42%
|
4.73%
|
55.00%
|
0.49%
|
United Kingdom
|
76.00
|
4.84%
|
0.51%
|
4.84%
|
19.00%
|
0.60%
|
United States
|
72.25
|
4.24%
|
0.00%
|
4.24%
|
27.00%
|
0.00%
|
Uruguay
|
74.50
|
6.12%
|
1.62%
|
6.12%
|
25.00%
|
1.88%
|
Uzbekistan
|
75.50
|
8.69%
|
3.83%
|
8.69%
|
7.50%
|
4.45%
|
Venezuela
|
41.75
|
24.58%
|
17.50%
|
24.58%
|
34.00%
|
20.34%
|
Vietnam
|
71.00
|
7.80%
|
3.06%
|
7.80%
|
20.00%
|
3.56%
|
Zambia
|
63.00
|
16.11%
|
10.21%
|
16.11%
|
35.00%
|
11.87%
|
Algeria
|
62.25
|
|
5.53%
|
10.67%
|
26.00%
|
6.43%
|
Brunei
|
79.00
|
|
0.72%
|
5.08%
|
18.50%
|
0.84%
|
Gambia
|
65.75
|
|
4.68%
|
9.68%
|
31.00%
|
5.44%
|
Guinea
|
57.50
|
|
7.66%
|
13.14%
|
29.15%
|
8.90%
|
Guinea-Bissau
|
62.75
|
|
5.53%
|
10.67%
|
29.15%
|
6.43%
|
Guyana
|
66.25
|
|
3.83%
|
8.69%
|
18.64%
|
4.45%
|
Haiti
|
56.25
|
|
8.51%
|
14.13%
|
18.64%
|
9.89%
|
Iran
|
63.75
|
|
5.53%
|
10.67%
|
20.23%
|
6.43%
|
Korea, D.P.R.
|
51.50
|
|
10.21%
|
16.11%
|
23.10%
|
11.87%
|
Liberia
|
59.00
|
|
7.66%
|
13.14%
|
29.15%
|
8.90%
|
Libya
|
66.25
|
|
3.83%
|
8.69%
|
20.00%
|
4.45%
|
Madagascar
|
63.50
|
|
5.53%
|
10.67%
|
20.00%
|
6.43%
|
Malawi
|
59.75
|
|
7.66%
|
13.14%
|
30.00%
|
8.90%
|
Myanmar
|
53.00
|
|
10.21%
|
16.11%
|
25.00%
|
11.87%
|
Sierra Leone
|
57.00
|
|
8.51%
|
14.13%
|
30.00%
|
9.89%
|
Somalia
|
51.50
|
|
10.21%
|
16.11%
|
29.15%
|
11.87%
|
Sudan
|
36.25
|
|
17.50%
|
24.58%
|
35.00%
|
20.34%
|
Syria
|
45.50
|
|
17.50%
|
24.58%
|
28.00%
|
20.34%
|
Yemen, Republic
|
52.75
|
|
10.21%
|
16.11%
|
20.00%
|
11.87%
|
Zimbabwe
|
61.00
|
|
6.38%
|
11.65%
|
25.00%
|
7.41%
|