Country Risk Classifications of the Participants to the Arrangement on Officially Supported Export Credits Valid as of: 11 March 2022 Classification nb Country Code ISO Alpha 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 AFG ALB DZA AND AGO ATG ARG ARM ABW AUS AUT AZE BHS BHR BGD BRB BLR BEL BLZ BEN BTN BOL BIH BWA BRA BRN BGR BFA BDI CPV KHM CMR CAN CAF TCD CHL CHN COL COM COG Country Name (1) Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi Cabo Verde Cambodia Cameroon Canada Central African Republic Chad Chile China (People’s Republic of) Colombia Comoros Congo Previous Current Prevailing 7 5 5 6 7 7 6 6 4 4 6 5 6 6 6 6 7 3 5 3 7 7 6 6 6 7 7 2 4 7 7 5 5 6 7 7 6 6 4 4 6 5 7 6 6 6 7 3 5 3 7 7 6 6 6 7 7 2 4 7 Page 1 - (11-03-2022) http://www.oecd.org/trade/topics/export-credits/arrangement-and-sector-understandings/financing-terms-and-conditions/country-riskclassification/ Notes (9) (8) (6) (6) (7) (5) (6) (7) (5) (8) (5) (8) (8) (6) (8) (8) (6) (5) (8) Country Risk Classifications of the Participants to the Arrangement on Officially Supported Export Credits Valid as of: 11 March 2022 Classification nb Country Code ISO Alpha 3 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 CRI CIV HRV CUB CUW CYP CZE PRK COD DNK DJI DMA DOM ECU EGY SLV GNQ ERI EST SWZ ETH FJI FIN FRA GAB GMB GEO DEU GHA GRC GRD GTM GIN GNB GUY HTI HND HKG HUN ISL Country Name (1) Costa Rica Côte d’Ivoire Croatia Cuba Curaçao Cyprus Czech Republic Democratic People's Republic of Korea Democratic Republic of the Congo Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Eswatini Ethiopia Fiji Finland France Gabon Gambia Georgia Germany Ghana Greece Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong (China) Hungary Iceland Previous Current Prevailing 4 5 4 7 5 7 7 7 4 6 5 6 7 7 6 7 5 6 7 6 6 4 7 7 6 7 5 2 - 4 5 4 7 5 7 7 7 4 6 5 6 7 7 6 7 5 6 7 6 6 4 7 7 6 7 5 2 - Page 2 - (11-03-2022) http://www.oecd.org/trade/topics/export-credits/arrangement-and-sector-understandings/financing-terms-and-conditions/country-riskclassification/ Notes (8) (2) (7) (6) (6) (5) (8) (8) (6) (7) (6) (7) (6) (7) (8) (6) (7) (6) (7) (5) (8) (6) (6) Country Risk Classifications of the Participants to the Arrangement on Officially Supported Export Credits Valid as of: 11 March 2022 Classification nb Country Code ISO Alpha 3 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 IND IDN IRN IRQ IRL ISR ITA JAM JPN JOR KAZ KEN KIR KOR XKV KWT KGZ LAO LVA LBN LSO LBR LBY LIE LTU LUX MAC MDG MWI MYS MDV MLI MLT MHL MRT MUS MEX FSM MDA MCO Country Name (1) India Indonesia Iran Iraq Ireland Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea Kosovo Kuwait Kyrgyzstan Lao People’s Democratic Republic Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau (China) Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mexico Micronesia Moldova Monaco Previous Current Prevailing 3 3 7 7 6 5 5 6 6 2 7 7 7 6 7 7 7 7 2 7 7 7 3 3 7 - 3 3 7 7 6 5 5 6 6 2 7 7 7 6 7 7 7 7 2 7 7 7 3 3 7 - Page 3 - (11-03-2022) http://www.oecd.org/trade/topics/export-credits/arrangement-and-sector-understandings/financing-terms-and-conditions/country-riskclassification/ Notes (6) (7) (3) (6) (6) (7) (6) (5) (6) (4) (6) (7) (5) (6) (7) (6) (7) (5) (8) (7) (5) (5) (9) Country Risk Classifications of the Participants to the Arrangement on Officially Supported Export Credits Valid as of: 11 March 2022 Classification nb Country Code ISO Alpha 3 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 MNG MNE MAR MOZ MMR NAM NRU NPL NLD NZL NIC NER NGA MKD NOR OMN PAK PLW PAN PNG PRY PER PHL POL PRT QAT ROU RUS RWA KNA LCA VCT WSM SMR STP SAU SEN SRB SYC SLE Country Name (1) Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Zealand Nicaragua Niger Nigeria Northern Macedonia Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Qatar Romania Russia Rwanda Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Previous Current Prevailing 7 7 3 7 7 6 6 7 7 6 5 5 7 4 6 5 3 3 3 3 4 6 2 5 4 7 7 7 3 7 7 6 6 7 7 6 5 5 7 4 6 5 3 3 3 3 7 6 2 5 4 7 Page 4 - (11-03-2022) http://www.oecd.org/trade/topics/export-credits/arrangement-and-sector-understandings/financing-terms-and-conditions/country-riskclassification/ Notes (5) (6) (7) (6) (8) (6) (5) (8) (6) (6) (7) (5) (5) (5) (5) (9) (5) (8) (5) Country Risk Classifications of the Participants to the Arrangement on Officially Supported Export Credits Valid as of: 11 March 2022 Classification nb Country Code ISO Alpha 3 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 SGP SXM SVK SVN SLB SOM ZAF SSD ESP LKA SDN SUR SWE CHE SYR TWN TJK TZA THA TLS TGO TON TTO TUN TUR TKM TUV UGA UKR ARE GBR USA URY UZB VUT VEN VNM PSE YEM ZMB Country Name (1) Singapore Sint Maarten Slovak Republic Slovenia Solomon Islands Somalia South Africa South Sudan Spain Sri Lanka Sudan Suriname Sweden Switzerland Syrian Arab Republic Chinese Taipei Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Viet Nam West Bank and Gaza Yemen Zambia Previous Current Prevailing 0 7 4 7 7 7 7 7 1 7 6 3 6 6 3 6 5 7 6 6 2 3 5 7 4 7 7 7 0 7 4 7 7 7 7 7 1 7 6 3 6 6 3 6 5 7 6 6 2 3 5 7 4 7 7 7 Page 5 - (11-03-2022) http://www.oecd.org/trade/topics/export-credits/arrangement-and-sector-understandings/financing-terms-and-conditions/country-riskclassification/ Notes (5) (6) (7) (6) (7) (5) (6) (7) (6) (6) (8) (5) (5) (6) (6) (5) Country Risk Classifications of the Participants to the Arrangement on Officially Supported Export Credits Valid as of: 11 March 2022 Classification nb Country Code ISO Alpha 3 201 ZWE Country Name (1) Zimbabwe Previous Current Prevailing 7 7 Notes Notes (1) This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. (2) Footnote by Turkey The information in this document with reference to “Cyprus” relates to the southern part of the Island. There is no single authority representing both Turkish and Greek Cypriot people on the Island. Turkey recognises the Turkish Republic of Northern Cyprus (TRNC). Until a lasting and equitable solution is found within the context of the United Nations, Turkey shall preserve its position concerning the “Cyprus issue”. Footnote by all the European Union Member States of the OECD and the European Commission The Republic of Cyprus is recognised by all members of the United Nations with the exception of Turkey. The information in this document relates to the area under the effective control of the Government of the Republic of Cyprus. (3) The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. (4) This designation is without prejudice to positions on status, and is in line with United Nations Security Council Resolution 1244/99 and the Advisory Opinion of the International Court of Justice on Kosovo’s declaration of independence. (5) Currently not reviewed or classified. (6) High Income OECD Country not reviewed or classified. (7) High Income Euro Area Country not reviewed or classified. (8) According to article 24 of the 2020 Arrangement, for all countries classified through the county risk classification methodology, the risk of the sovereign is also assessed in order to identify, on an exceptional basis, sovereigns that are: (1) not the lowest risk obligor in the country and (2) whose credit risk is significantly higher than country risk. (9) European micro-state that uses the euro through monetary agreement with the European Union not reviewed or classified. Page 6 - (11-03-2022) http://www.oecd.org/trade/topics/export-credits/arrangement-and-sector-understandings/financing-terms-and-conditions/country-riskclassification/