This article presents updates to S&P Global Ratings' country risk assessments. We currently review 136 assessments using the criteria in "Country Risk Assessment Methodology And Assumptions," published Nov. 19, 2013, on RatingsDirect (see table 1 in the Appendix). Since we last published this report on March 31, we have revised the country risk assessment on Suriname to '6' (very high risk) from '5' (high risk). This reflects the deterioration in Suriname's institutions, as well as the economic shock from the COVID-19 pandemic, and fall in oil prices. 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 nonsovereign entity's
