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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: 2025
Median risk
37/100
World below long-term average
High-risk countries
0
Overall score ≥ 60
Trending worse
10
vs 2024

Active conflicts (last 90 days)

Source: ACLED + UCDP GED
Countries with the most real-world violence recorded in the last 90 days. Fatalities aggregated across all event types (battles, explosions, civilian targeting).
Ukraine
6,747 fatalities · 306 events
Nigeria
1,357 fatalities · 224 events
MLI
511 fatalities · 126 events
Pakistan
474 fatalities · 127 events
SOM
470 fatalities · 39 events
SDN
447 fatalities · 69 events
Lebanon
418 fatalities · 142 events
Mexico
322 fatalities · 281 events
ETH
269 fatalities · 70 events
COL
228 fatalities · 94 events
Israel
187 fatalities · 104 events
BFA
178 fatalities · 69 events
HTI
143 fatalities · 19 events
NER
138 fatalities · 10 events
TCD
96 fatalities · 6 events
✓ What this means for your portfolioLive conflict = persistent oil supply risk (keep a small energy long), flight-to-quality into gold on escalation days (hold or add gold dips), and headline-driven volatility on crypto (don't short rallies on escalation news — wait 24h).

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
1Lebanon7.3/10
2Nigeria6.8/10
3Pakistan6.7/10
4Afghanistan6.6/10
5Yemen6.5/10
6Egypt6.4/10
7Syria6.2/10
8Saudi Arabia6.0/10
9Iran5.4/10
10Turkey5.3/10
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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