2022 Countries’ Risk Classification

2022 Countries’ Risk Classification

The risk classification of countries relies on the Worldwide Governance Indicators, being aggregate indicators of governance 1996-2020. These determine the level of risks related to governance in sourcing countries.

Risk Classification Changes

Eight (8) countries have seen a change in its classification, and no countries have seen significant change in either their overall rating or in individual dimensions without a change in classification. Two (2) countries have gone from risk to low risk countries, one (1) country has gone from low risk to risk, two (2) countries have gone from severe risk to risk, one (1) country has gone from risk to severe risk, and two (2) countries have gone from no data to low risk.

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