This article presents S&P Global Ratings' country risk assessments as of Jan. 25, 2024. We currently maintain 141 assessments using the criteria in "Country Risk Assessment Methodology And Assumptions," published Nov. 19, 2013, on Ratings Direct (see table 1 in the Appendix). Since we last published this report on June 6, 2023, we have not made any changes to our existing country risk assessments. We define "country risk" as the broad range of economic, institutional, financial market, and legal risks that arise from doing business with or in a specific country and can affect a non-sovereign entity's credit quality. The credit risk for every rated entity and transaction is influenced to varying degrees by these types of country-specific risks. The
