Country Risk Radar

Which countries are stable, and which are cracking

40 countries that matter for markets — the big economies, the energy producers, the geopolitical flashpoints. Each one is scored across four dimensions that historically precede crises: political stability, economic stress, governance quality, and news-cycle tone.

Countries tracked
40
Data year: 2024
Median risk
40/100
World below long-term average
High-risk countries
4
Overall score ≥ 60
Trending worse
11
vs 2023

Active conflict monitoring

Source: ACLED + UCDP GED
Live conflict-event feed (ACLED + UCDP GED) is wired into the pipeline but awaiting API credentials. Once the feed activates, this band will surface countries with elevated real-world violence in rolling 90-day windows — independent of the slower structural indicators below.

Structural Constraints Index

Data year: 2025 · Stratfor-style framework
Five structural axes that constrain what a country can do — regardless of who governs it. Higher score = more constrained = more fragile. Based on 21 World Bank indicators + V-Dem + WGI + geographic features.
Demographic Resource Economic Geographic Institutional
#CountryComposite
1Lebanon6.9/10
2Yemen6.9/10
3Afghanistan6.7/10
4Egypt6.5/10
5Nigeria6.1/10
6Syria6.1/10
7Pakistan5.9/10
8Iran5.6/10
9Venezuela5.6/10
10South Africa5.6/10
Upgrade to STANDARD+ to see the 5-dimension breakdown (Demographic / Resource / Economic / Geographic / Institutional).

Political Instability Outlook — 24 Months

PITF methodology · Brier score: 0.05
Probability of political instability onset within 24 months, based on the Political Instability Task Force model (Goldstone et al. 2010, AJPS). Uses regime type, governance indicators, and GDELT media tone as inputs.
#CountryRisk Level
1SSDMODERATE
2NigeriaMODERATE
3NERMODERATE
4SOMMODERATE
5LBRMODERATE
6ZWEMODERATE
7GINMODERATE
8CAFMODERATE
9CODMODERATE
10TCDMODERATE
11LSOMODERATE
12SLEMODERATE
13AfghanistanMODERATE
14PakistanMODERATE
15GNQMODERATE
Upgrade to STANDARD+ to see probability percentages and key factors.
Methodology: Logistic regression on regime type (V-Dem), governance indicators (WGI), and media tone (GDELT). Calibrated on 1955-2018 historical data. Walk-forward validated Brier score = 0.05 (lower = better). This is a statistical estimate, not a prediction of specific events.
How these scores are built
Each country gets four sub-scores on a 0-100 scale (higher = riskier):
  • Political — World Bank Political Stability index + V-Dem regime type.
  • Economic — CPI inflation + GDP growth (negative growth = stress).
  • Governance — World Bank governance indicators (effectiveness, rule of law, corruption).
  • News tone — GDELT global news-media tone average + volatility.
Overall risk = 30% political + 25% economic + 25% governance + 20% news tone. Data is annual, latest available year; trend compares the latest year to the prior year. Sources: World Bank (WGI, WDI), V-Dem Institute, GDELT 2.0. Updated monthly.
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Unlock the breakdown. STANDARD+ adds the 4-dimension risk view (political / economic / governance / news tone) on every country, so you can see why a score moves, not just that it moves.
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Pair this with the forecast timeline

This page shows slow risk — where cracks are forming. The 90-day forecast shows fast risk — the scheduled events that convert that stress into market moves.

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