Which economies are most at risk

11.11.2021

The German rating agency Scope Ratings has updated the list of countries in the world in terms of vulnerability and resistance to external economic risks. The economies of Lebanon, Zambia and Angola are named in publication as the weakest.

To overcome the coronavirus crisis, central banks allocated huge funds to their national economies, which provoked a rise in inflation around the world. When in 2021 there were signs of a successful recovery from the lockdown, central banks of developed countries began to tighten monetary policy. These factors have increased the influence of external risks for many countries, agency analysts say. Scope ranked 95 countries for vulnerability to a potential balance of payments crisis (when the central bank lacks international reserves to support the national currency) and for how well governments can cope with these hardships.