| Country
|
GDP (in billions) in 2020
|
Moody's rating
|
Sovereign CDS
|
Adj. Default Spread
|
Equity Risk Premium
|
Country Risk Premium
|
Corporate Tax Rate
|
Region
|
| Abu Dhabi
|
268.00
|
Aa2
|
0.77%
|
0.42%
|
4.73%
|
0.49%
|
55.00%
|
Middle East
|
| Albania
|
14.80
|
B1
|
NA
|
3.83%
|
8.69%
|
4.45%
|
15.00%
|
Eastern Europe & Russia
|
| Andorra (Principality of)
|
3.16
|
Baa2
|
NA
|
1.62%
|
6.12%
|
1.88%
|
18.98%
|
Western Europe
|
| Angola
|
62.31
|
B3
|
5.94%
|
5.53%
|
10.67%
|
6.43%
|
25.00%
|
Africa
|
| Argentina
|
383.07
|
Ca
|
23.32%
|
10.21%
|
16.11%
|
11.87%
|
25.00%
|
Central and South America
|
| Armenia
|
12.65
|
Ba3
|
NA
|
3.06%
|
7.80%
|
3.56%
|
18.00%
|
Eastern Europe & Russia
|
| Aruba
|
3.20
|
Baa2
|
NA
|
1.62%
|
6.12%
|
1.88%
|
25.00%
|
Caribbean
|
| Australia
|
1330.90
|
Aaa
|
0.23%
|
0.00%
|
4.24%
|
0.00%
|
30.00%
|
Australia & New Zealand
|
| Austria
|
428.97
|
Aa1
|
0.19%
|
0.34%
|
4.63%
|
0.39%
|
25.00%
|
Western Europe
|
| Azerbaijan
|
42.61
|
Ba2
|
NA
|
2.56%
|
7.21%
|
2.97%
|
20.00%
|
Eastern Europe & Russia
|
| Bahamas
|
11.25
|
Ba3
|
NA
|
3.06%
|
7.80%
|
3.56%
|
0.00%
|
Caribbean
|
| Bahrain
|
38.48
|
B2
|
3.40%
|
4.68%
|
9.68%
|
5.44%
|
0.00%
|
Middle East
|
| Bangladesh
|
324.24
|
Ba3
|
NA
|
3.06%
|
7.80%
|
3.56%
|
32.50%
|
Asia
|
| Barbados
|
4.37
|
Caa1
|
NA
|
6.38%
|
11.65%
|
7.41%
|
5.50%
|
Caribbean
|
| Belarus
|
60.26
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
18.00%
|
Eastern Europe & Russia
|
| Belgium
|
515.33
|
Aa3
|
0.21%
|
0.51%
|
4.84%
|
0.60%
|
25.00%
|
Western Europe
|
| Belize
|
1.76
|
Caa3
|
NA
|
8.51%
|
14.13%
|
9.89%
|
27.18%
|
Central and South America
|
| Benin
|
15.65
|
B1
|
NA
|
3.83%
|
8.69%
|
4.45%
|
30.00%
|
Africa
|
| Bermuda
|
7.48
|
A2
|
NA
|
0.72%
|
5.08%
|
0.84%
|
0.00%
|
Caribbean
|
| Bolivia
|
36.69
|
B2
|
NA
|
4.68%
|
9.68%
|
5.44%
|
25.00%
|
Central and South America
|
| Bosnia and Herzegovina
|
19.79
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
10.00%
|
Eastern Europe & Russia
|
| Botswana
|
15.78
|
A3
|
NA
|
1.02%
|
5.43%
|
1.19%
|
22.00%
|
Africa
|
| Brazil
|
1444.73
|
Ba2
|
2.91%
|
2.56%
|
7.21%
|
2.97%
|
34.00%
|
Central and South America
|
| Bulgaria
|
69.11
|
Baa1
|
0.81%
|
1.36%
|
5.82%
|
1.58%
|
10.00%
|
Eastern Europe & Russia
|
| Burkina Faso
|
17.37
|
B2
|
NA
|
4.68%
|
9.68%
|
5.44%
|
28.00%
|
Africa
|
| Cambodia
|
25.29
|
B2
|
NA
|
4.68%
|
9.68%
|
5.44%
|
20.00%
|
Asia
|
| Cameroon
|
39.80
|
B2
|
3.56%
|
4.68%
|
9.68%
|
5.44%
|
33.00%
|
Africa
|
| Canada
|
1643.41
|
Aaa
|
0.28%
|
0.00%
|
4.24%
|
0.00%
|
26.50%
|
North America
|
| Cape Verde
|
1.70
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
0.00%
|
Africa
|
| Cayman Islands
|
5.94
|
Aa3
|
NA
|
0.51%
|
4.84%
|
0.60%
|
0.00%
|
Caribbean
|
| Chile
|
252.94
|
A1
|
1.25%
|
0.60%
|
4.94%
|
0.70%
|
27.00%
|
Central and South America
|
| China
|
14722.73
|
A1
|
0.74%
|
0.60%
|
4.94%
|
0.70%
|
25.00%
|
Asia
|
| Colombia
|
271.35
|
Baa2
|
2.77%
|
1.62%
|
6.12%
|
1.88%
|
31.00%
|
Central and South America
|
| Congo (Democratic Republic of)
|
49.87
|
Caa1
|
NA
|
6.38%
|
11.65%
|
7.41%
|
30.00%
|
Africa
|
| Congo (Republic of)
|
10.89
|
Caa2
|
NA
|
7.66%
|
13.14%
|
8.90%
|
28.00%
|
Africa
|
| Cook Islands
|
0.38
|
B1
|
NA
|
3.83%
|
8.69%
|
4.45%
|
28.43%
|
Australia & New Zealand
|
| Costa Rica
|
61.52
|
B2
|
3.92%
|
4.68%
|
9.68%
|
5.44%
|
30.00%
|
Central and South America
|
| Côte d'Ivoire
|
61.35
|
Ba3
|
NA
|
3.06%
|
7.80%
|
3.56%
|
25.00%
|
Africa
|
| Croatia
|
55.97
|
Ba1
|
1.11%
|
2.13%
|
6.71%
|
2.47%
|
18.00%
|
Eastern Europe & Russia
|
| Cuba
|
103.13
|
Ca
|
NA
|
10.21%
|
16.11%
|
11.87%
|
27.18%
|
Caribbean
|
| Curacao
|
3.10
|
Baa2
|
NA
|
1.62%
|
6.12%
|
1.88%
|
22.00%
|
Caribbean
|
| Cyprus
|
23.80
|
Ba1
|
0.74%
|
2.13%
|
6.71%
|
2.47%
|
12.50%
|
Western Europe
|
| Czech Republic
|
243.53
|
Aa3
|
0.47%
|
0.51%
|
4.84%
|
0.60%
|
19.00%
|
Eastern Europe & Russia
|
| Denmark
|
355.18
|
Aaa
|
0.15%
|
0.00%
|
4.24%
|
0.00%
|
22.00%
|
Western Europe
|
| Dominican Republic
|
78.85
|
Ba3
|
NA
|
3.06%
|
7.80%
|
3.56%
|
27.00%
|
Caribbean
|
| Ecuador
|
98.81
|
Caa3
|
7.57%
|
8.51%
|
14.13%
|
9.89%
|
25.00%
|
Central and South America
|
| Egypt
|
363.09
|
B2
|
5.74%
|
4.68%
|
9.68%
|
5.44%
|
22.50%
|
Africa
|
| El Salvador
|
24.64
|
Caa1
|
18.33%
|
6.38%
|
11.65%
|
7.41%
|
30.00%
|
Central and South America
|
| Estonia
|
31.03
|
A1
|
0.85%
|
0.60%
|
4.94%
|
0.70%
|
20.00%
|
Eastern Europe & Russia
|
| Ethiopia
|
107.65
|
Caa2
|
20.40%
|
7.66%
|
13.14%
|
8.90%
|
30.00%
|
Africa
|
| Fiji
|
4.38
|
B1
|
NA
|
3.83%
|
8.69%
|
4.45%
|
20.00%
|
Asia
|
| Finland
|
271.23
|
Aa1
|
0.20%
|
0.34%
|
4.63%
|
0.39%
|
20.00%
|
Western Europe
|
| France
|
2603.00
|
Aa2
|
0.34%
|
0.42%
|
4.73%
|
0.49%
|
26.50%
|
Western Europe
|
| Gabon
|
15.59
|
Caa1
|
NA
|
6.38%
|
11.65%
|
7.41%
|
30.00%
|
Africa
|
| Georgia
|
15.89
|
Ba2
|
NA
|
2.56%
|
7.21%
|
2.97%
|
15.00%
|
Eastern Europe & Russia
|
| Germany
|
3806.06
|
Aaa
|
0.18%
|
0.00%
|
4.24%
|
0.00%
|
30.00%
|
Western Europe
|
| Ghana
|
72.35
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
25.00%
|
Africa
|
| Greece
|
189.41
|
Ba3
|
1.69%
|
3.06%
|
7.80%
|
3.56%
|
24.00%
|
Western Europe
|
| Guatemala
|
77.61
|
Ba1
|
NA
|
2.13%
|
6.71%
|
2.47%
|
25.00%
|
Central and South America
|
| Guernsey (States of)
|
3.18
|
Aa3
|
NA
|
0.51%
|
4.84%
|
0.60%
|
0.00%
|
Western Europe
|
| Honduras
|
23.83
|
B1
|
NA
|
3.83%
|
8.69%
|
4.45%
|
25.00%
|
Central and South America
|
| Hong Kong
|
346.60
|
Aa3
|
0.41%
|
0.51%
|
4.84%
|
0.60%
|
16.50%
|
Asia
|
| Hungary
|
155.01
|
Baa2
|
0.69%
|
1.62%
|
6.12%
|
1.88%
|
9.00%
|
Eastern Europe & Russia
|
| Iceland
|
21.72
|
A2
|
0.73%
|
0.72%
|
5.08%
|
0.84%
|
20.00%
|
Western Europe
|
| India
|
2622.98
|
Baa3
|
1.44%
|
1.87%
|
6.42%
|
2.18%
|
30.00%
|
Asia
|
| Indonesia
|
1058.42
|
Baa2
|
1.36%
|
1.62%
|
6.12%
|
1.88%
|
35.00%
|
Asia
|
| Iraq
|
167.22
|
Caa1
|
5.63%
|
6.38%
|
11.65%
|
7.41%
|
35.00%
|
Middle East
|
| Ireland
|
418.62
|
A2
|
0.27%
|
0.72%
|
5.08%
|
0.84%
|
12.50%
|
Western Europe
|
| Isle of Man
|
7.49
|
Aa3
|
NA
|
0.51%
|
4.84%
|
0.60%
|
0.00%
|
Western Europe
|
| Israel
|
401.95
|
A1
|
0.72%
|
0.60%
|
4.94%
|
0.70%
|
23.00%
|
Middle East
|
| Italy
|
1886.45
|
Baa3
|
1.41%
|
1.87%
|
6.42%
|
2.18%
|
24.00%
|
Western Europe
|
| Jamaica
|
13.81
|
B2
|
NA
|
4.68%
|
9.68%
|
5.44%
|
25.00%
|
Caribbean
|
| Japan
|
5064.87
|
A1
|
0.33%
|
0.60%
|
4.94%
|
0.70%
|
30.62%
|
Asia
|
| Jersey (States of)
|
4.89
|
Aaa
|
NA
|
0.00%
|
4.24%
|
0.00%
|
0.00%
|
Western Europe
|
| Jordan
|
43.70
|
B1
|
NA
|
3.83%
|
8.69%
|
4.45%
|
20.00%
|
Middle East
|
| Kazakhstan
|
169.84
|
Baa2
|
0.99%
|
1.62%
|
6.12%
|
1.88%
|
20.00%
|
Eastern Europe & Russia
|
| Kenya
|
98.84
|
B2
|
4.44%
|
4.68%
|
9.68%
|
5.44%
|
30.00%
|
Africa
|
| Korea
|
1630.53
|
Aa2
|
0.35%
|
0.42%
|
4.73%
|
0.49%
|
25.00%
|
Asia
|
| Kuwait
|
136.20
|
A1
|
0.86%
|
0.60%
|
4.94%
|
0.70%
|
15.00%
|
Middle East
|
| Kyrgyzstan
|
7.74
|
B2
|
NA
|
4.68%
|
9.68%
|
5.44%
|
10.00%
|
Eastern Europe & Russia
|
| Laos
|
19.14
|
Caa2
|
NA
|
7.66%
|
13.14%
|
8.90%
|
22.81%
|
Asia
|
| Latvia
|
33.51
|
A3
|
0.74%
|
1.02%
|
5.43%
|
1.19%
|
20.00%
|
Eastern Europe & Russia
|
| Lebanon
|
33.38
|
C
|
NA
|
17.50%
|
24.58%
|
20.34%
|
17.00%
|
Middle East
|
| Liechtenstein
|
6.84
|
Aaa
|
NA
|
0.00%
|
4.24%
|
0.00%
|
12.50%
|
Western Europe
|
| Lithuania
|
55.89
|
A2
|
0.79%
|
0.72%
|
5.08%
|
0.84%
|
15.00%
|
Eastern Europe & Russia
|
| Luxembourg
|
73.26
|
Aaa
|
NA
|
0.00%
|
4.24%
|
0.00%
|
24.94%
|
Western Europe
|
| Macao
|
55.15
|
Aa3
|
NA
|
0.51%
|
4.84%
|
0.60%
|
22.81%
|
Asia
|
| Macedonia
|
12.27
|
Ba3
|
NA
|
3.06%
|
7.80%
|
3.56%
|
10.00%
|
Eastern Europe & Russia
|
| Malaysia
|
336.66
|
A3
|
0.81%
|
1.02%
|
5.43%
|
1.19%
|
24.00%
|
Asia
|
| Maldives
|
4.03
|
Caa1
|
NA
|
6.38%
|
11.65%
|
7.41%
|
22.81%
|
Asia
|
| Mali
|
17.39
|
Caa1
|
NA
|
6.38%
|
11.65%
|
7.41%
|
22.81%
|
Africa
|
| Malta
|
14.65
|
A2
|
NA
|
0.72%
|
5.08%
|
0.84%
|
35.00%
|
Western Europe
|
| Mauritius
|
10.91
|
Baa2
|
NA
|
1.62%
|
6.12%
|
1.88%
|
15.00%
|
Africa
|
| Mexico
|
1076.16
|
Baa1
|
1.58%
|
1.36%
|
5.82%
|
1.58%
|
30.00%
|
Central and South America
|
| Moldova
|
11.91
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
12.00%
|
Eastern Europe & Russia
|
| Mongolia
|
13.14
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
25.00%
|
Asia
|
| Montenegro
|
4.78
|
B1
|
NA
|
3.83%
|
8.69%
|
4.45%
|
9.00%
|
Eastern Europe & Russia
|
| Montserrat
|
0.25
|
Baa3
|
NA
|
1.87%
|
6.42%
|
2.18%
|
27.18%
|
Caribbean
|
| Morocco
|
112.87
|
Ba1
|
1.32%
|
2.13%
|
6.71%
|
2.47%
|
31.00%
|
Africa
|
| Mozambique
|
14.02
|
Caa2
|
NA
|
7.66%
|
13.14%
|
8.90%
|
32.00%
|
Africa
|
| Namibia
|
10.70
|
Ba3
|
NA
|
3.06%
|
7.80%
|
3.56%
|
32.00%
|
Africa
|
| Netherlands
|
912.24
|
Aaa
|
0.19%
|
0.00%
|
4.24%
|
0.00%
|
25.00%
|
Western Europe
|
| New Zealand
|
212.48
|
Aaa
|
0.21%
|
0.00%
|
4.24%
|
0.00%
|
28.00%
|
Australia & New Zealand
|
| Nicaragua
|
12.62
|
B3
|
4.36%
|
5.53%
|
10.67%
|
6.43%
|
30.00%
|
Central and South America
|
| Niger
|
13.68
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
22.81%
|
Africa
|
| Nigeria
|
432.29
|
B2
|
5.53%
|
4.68%
|
9.68%
|
5.44%
|
30.00%
|
Africa
|
| Norway
|
362.01
|
Aaa
|
0.19%
|
0.00%
|
4.24%
|
0.00%
|
22.00%
|
Western Europe
|
| Oman
|
76.33
|
Ba3
|
3.19%
|
3.06%
|
7.80%
|
3.56%
|
15.00%
|
Middle East
|
| Pakistan
|
263.69
|
B3
|
3.67%
|
5.53%
|
10.67%
|
6.43%
|
29.00%
|
Asia
|
| Panama
|
52.94
|
Baa2
|
1.26%
|
1.62%
|
6.12%
|
1.88%
|
25.00%
|
Central and South America
|
| Papua New Guinea
|
23.59
|
B2
|
NA
|
4.68%
|
9.68%
|
5.44%
|
30.00%
|
Asia
|
| Paraguay
|
35.30
|
Ba1
|
NA
|
2.13%
|
6.71%
|
2.47%
|
10.00%
|
Central and South America
|
| Peru
|
202.01
|
Baa1
|
1.31%
|
1.36%
|
5.82%
|
1.58%
|
29.50%
|
Central and South America
|
| Philippines
|
361.49
|
Baa2
|
0.92%
|
1.62%
|
6.12%
|
1.88%
|
30.00%
|
Asia
|
| Poland
|
594.17
|
A2
|
0.68%
|
0.72%
|
5.08%
|
0.84%
|
19.00%
|
Eastern Europe & Russia
|
| Portugal
|
231.26
|
Baa2
|
0.56%
|
1.62%
|
6.12%
|
1.88%
|
21.00%
|
Western Europe
|
| Qatar
|
146.37
|
Aa3
|
0.74%
|
0.51%
|
4.84%
|
0.60%
|
10.00%
|
Middle East
|
| Ras Al Khaimah (Emirate of)
|
3.52
|
A3
|
NA
|
1.02%
|
5.43%
|
1.19%
|
0.00%
|
Middle East
|
| Romania
|
248.72
|
Baa3
|
1.24%
|
1.87%
|
6.42%
|
2.18%
|
16.00%
|
Eastern Europe & Russia
|
| Russia
|
1483.50
|
Baa3
|
1.70%
|
1.87%
|
6.42%
|
2.18%
|
20.00%
|
Eastern Europe & Russia
|
| Rwanda
|
10.33
|
B2
|
3.36%
|
4.68%
|
9.68%
|
5.44%
|
30.00%
|
Africa
|
| Saudi Arabia
|
700.12
|
A1
|
0.88%
|
0.60%
|
4.94%
|
0.70%
|
20.00%
|
Middle East
|
| Senegal
|
24.91
|
Ba3
|
2.66%
|
3.06%
|
7.80%
|
3.56%
|
30.00%
|
Africa
|
| Serbia
|
52.96
|
Ba2
|
1.37%
|
2.56%
|
7.21%
|
2.97%
|
15.00%
|
Eastern Europe & Russia
|
| Sharjah
|
24.80
|
Baa3
|
NA
|
1.87%
|
6.42%
|
2.18%
|
0.00%
|
Middle East
|
| Singapore
|
340.00
|
Aaa
|
NA
|
0.00%
|
4.24%
|
0.00%
|
17.00%
|
Asia
|
| Slovakia
|
104.57
|
A2
|
0.63%
|
0.72%
|
5.08%
|
0.84%
|
21.00%
|
Eastern Europe & Russia
|
| Slovenia
|
52.88
|
A3
|
0.87%
|
1.02%
|
5.43%
|
1.19%
|
19.00%
|
Eastern Europe & Russia
|
| Solomon Islands
|
1.55
|
Caa1
|
NA
|
6.38%
|
11.65%
|
7.41%
|
30.00%
|
Asia
|
| South Africa
|
301.92
|
Ba2
|
2.85%
|
2.56%
|
7.21%
|
2.97%
|
28.00%
|
Africa
|
| Spain
|
1281.20
|
Baa1
|
0.60%
|
1.36%
|
5.82%
|
1.58%
|
25.00%
|
Western Europe
|
| Sri Lanka
|
80.71
|
Caa2
|
19.69%
|
7.66%
|
13.14%
|
8.90%
|
24.00%
|
Asia
|
| St. Maarten
|
1.19
|
Ba2
|
NA
|
2.56%
|
7.21%
|
2.97%
|
27.18%
|
Caribbean
|
| St. Vincent & the Grenadines
|
0.81
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
27.18%
|
Caribbean
|
| Suriname
|
3.81
|
Caa3
|
NA
|
8.51%
|
14.13%
|
9.89%
|
36.00%
|
Central and South America
|
| Swaziland
|
3.96
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
27.50%
|
Africa
|
| Sweden
|
537.61
|
Aaa
|
0.19%
|
0.00%
|
4.24%
|
0.00%
|
20.60%
|
Western Europe
|
| Switzerland
|
747.97
|
Aaa
|
0.11%
|
0.00%
|
4.24%
|
0.00%
|
14.93%
|
Western Europe
|
| Taiwan
|
689.00
|
Aa3
|
NA
|
0.51%
|
4.84%
|
0.60%
|
20.00%
|
Asia
|
| Tajikistan
|
8.19
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
22.81%
|
Eastern Europe & Russia
|
| Tanzania
|
62.41
|
B2
|
NA
|
4.68%
|
9.68%
|
5.44%
|
30.00%
|
Africa
|
| Thailand
|
501.80
|
Baa1
|
0.52%
|
1.36%
|
5.82%
|
1.58%
|
20.00%
|
Asia
|
| Togo
|
7.58
|
B3
|
NA
|
5.53%
|
10.67%
|
6.43%
|
22.81%
|
Africa
|
| Trinidad and Tobago
|
21.53
|
Ba2
|
NA
|
2.56%
|
7.21%
|
2.97%
|
30.00%
|
Caribbean
|
| Tunisia
|
39.24
|
Caa1
|
8.82%
|
6.38%
|
11.65%
|
7.41%
|
15.00%
|
Africa
|
| Turkey
|
720.10
|
B2
|
5.51%
|
4.68%
|
9.68%
|
5.44%
|
20.00%
|
Western Europe
|
| Turks and Caicos Islands
|
0.93
|
Baa1
|
NA
|
1.36%
|
5.82%
|
1.58%
|
0.00%
|
Caribbean
|
| Uganda
|
37.37
|
B2
|
NA
|
4.68%
|
9.68%
|
5.44%
|
30.00%
|
Africa
|
| Ukraine
|
155.58
|
B3
|
6.17%
|
5.53%
|
10.67%
|
6.43%
|
18.00%
|
Eastern Europe & Russia
|
| United Arab Emirates
|
421.14
|
Aa2
|
NA
|
0.42%
|
4.73%
|
0.49%
|
55.00%
|
Middle East
|
| United Kingdom
|
2707.74
|
Aa3
|
0.18%
|
0.51%
|
4.84%
|
0.60%
|
19.00%
|
Western Europe
|
| United States
|
20936.60
|
Aaa
|
0.19%
|
0.00%
|
4.24%
|
0.00%
|
27.00%
|
North America
|
| Uruguay
|
53.63
|
Baa2
|
1.46%
|
1.62%
|
6.12%
|
1.88%
|
25.00%
|
Central and South America
|
| Uzbekistan
|
57.71
|
B1
|
NA
|
3.83%
|
8.69%
|
4.45%
|
7.50%
|
Eastern Europe & Russia
|
| Venezuela
|
98.40
|
C
|
NA
|
17.50%
|
24.58%
|
20.34%
|
34.00%
|
Central and South America
|
| Vietnam
|
271.16
|
Ba3
|
1.56%
|
3.06%
|
7.80%
|
3.56%
|
20.00%
|
Asia
|
| Zambia
|
19.32
|
Ca
|
NA
|
10.21%
|
16.11%
|
11.87%
|
35.00%
|
Africa
|
