This is an outlook for the business risk environment in each country on a ten-point scale. The score is a composite risk score that factors in Control Risks’ political, security, operational, regulatory, cyber and integrity risks, including a range of ESG-related risks.

Cyber Risk

Cyber risk assess the level of cyber threats affecting an organisation’s operations and/or personnel in a given country. Our ratings reflect the overall capabilities and intent of state-sponsored, criminal and activist threat actors operating in or targeting the country.

Political Risk

Political risk assesses the degree to which businesses operating or investing in the country are likely to be affected by the nature and stability of the government and policy-making at international, national and sub-national levels.

Regulatory Risk

Regulatory risk assesses the degree to which businesses are likely to be affected by the transparency and predictability of the regulatory environment, the pace and nature of regulatory change and regulatory enforcement.

Security Risk

Security risk assesses the exposure of people and operations to physical security threats including unrest, terrorism and criminality.

Operational Risk

Operational risk assesses the security and reliability of inputs and infrastructure critical to operational resilience such as energy sources and labour.

Integrity Risk

Integrity risk assesses the quality of governance in the business environment, and the extent to which businesses operating or investing in the country might impact exposure to reputational and compliance risk.