COUNTRY RISK CATEGORY AS ON 31.03.

2017
ANNEXTURE TO GLOBAL MARKET CIRCULAR NO: 47/2017-18
Sl No Seg Sl No COUNTRY Sl No Seg Sl No COUNTRY
INSIGNIFICANT RISK CATEGORY LOW RISK CATEGORY
1 1 Australia 34 10 Malaysia
2 2 Canada 35 11 Malta
3 3 Denmark 36 12 Mexico
4 4 Germany 37 13 Peru
5 5 Luxembourg 38 14 Poland
6 6 Netherlands 39 15 Saudi Arabia
7 7 New Zealand 40 16 Slovakia
8 8 Norway MEDIUM RISK CATEGORY
9 9 Singapore 41 1 Algeria
10 10 Sweden 42 2 Bahamas
11 11 Switzerland 43 3 Botswana
12 12 United States 44 4 Brunei
VERY LOW RISK CATEGORY 45 5 Bulgaria
13 1 Austria 46 6 Colombia
14 2 Belgium 47 7 Hungry
15 3 Chile 48 8 Iceland
16 4 China 49 9 Indonesia
17 5 Finland 50 10 Italy
18 6 France 51 11 Kazakhstan
19 7 Hong Kong 52 12 Mauritius
20 8 Qatar 53 13 Namibia
21 9 South Korea 54 14 Oman
22 10 Taiwan 55 15 Panama
23 11 United Arab Emirates 56 16 Phillippines

24 12 United Kingdom 57 17 Romania

LOW RISK CATEGORY
58 18 Slovenia
25 1 Bermuda 59 19 South Africa
26 2 Czech Republic 60 20 Spain
27 3 Estonia 61 21 Thailand
28 4 Ireland 62 22 Uruguay
29 5 Israel HIGH RISK CATEGORY
30 6 Japan 63 1 Azerbaijan
31 7 Kuwait 64 2 Bahrine
32 8 Latvia 65 3 Bolivia
33 9 Lithuania 66 4 Brazil
Sl No Seg Sl No COUNTRY Sl No Seg Sl No COUNTRY
67 5 Costa Rica VERY HIGH RISK CATEGORY
68 6 Cote d’Ivoire 104 23 Guyana
69 7 Croatia 105 24 Honduras
70 8 Georgia 106 25 Iran
71 9 Guatemala 107 26 Jamaica
72 10 Macedonia 108 27 Jordon
73 11 Morocco 109 28 kenya
74 12 Paraguay 110 29 Kiribati
75 13 Portugal 111 30 Kyrgyz Republic
76 14 Russia 112 31 Lebanon
77 15 Serbia 113 32 Lesotho
78 16 St Lucia 114 33 Libya
79 17 Trinidad & Tobago 115 34 Montenegro
80 18 Tunisia 116 35 Myanmar
81 19 Turkey 117 36 Nigeria
VERY HIGH RISK CATEGORY 118 37 Pakistan
82 1 Albania 119 38 Papua New Guinea
83 2 Angola 120 39 Rwanda
84 3 Antigua &Berbuda 121 40 Senegal
85 4 Argentina 122 41 Seychelles
86 5 Armenia 123 42 Solomon Islands
87 6 Bangladesh 124 43 Sri Lanka
88 7 Belize 125 44 St. Vincent &Gewnadines
89 8 Benin 126 45 Suriname

90 9 Bhutan 127 46 Tanzania

91 10 Bosnia-Herzegovina 128 47 Tonga
92 11 Cabo Verde 129 48 Turkmenistan
93 12 Cambodia 130 49 Uganda
94 13 Cameroon 131 50 Uzbekistan

95 14 Cyprus 132 51 Vanautu

96 15 Djibouti 133 52 Vietnam
97 16 Dominica 134 53 Zambia
98 17 Dominican Republic RESTRICTED CATEGORY
99 18 Ecuador 135 1 Afganistan
100 19 Egypt 136 2 Barbados
101 20 Fiji 137 3 Belarus
102 21 Gabon 138 4 Burkina Faso
103 22 Ghana 139 5 Burundi
Sl No Seg Sl No COUNTRY Sl No Seg Sl No COUNTRY
RESTRICTED CATEGORY RESTRICTED CATEGORY
140 6 Chad 177 43 Venezuela
141 7 Comoros 178 44 Yemen
142 8 Congo OFF CREDIT CATEGORY
143 9 Congo Rep 179 1 Central African Republic
144 10 Cuba 180 2 Marshall Islands
145 11 El Salvador 181 3 Micronesia (Fed. States)
146 12 Equatorial Guinea 182 4 New Caledonia
147 13 Eritrea 183 5 North Korea
148 14 Ethiopia 184 6 Somalia
149 15 Gambia 185 7 Sudan
150 16 Greece 186 8 SyriaN Arab Republic
151 17 Grenada 187 9 Zimbabwe
152 18 Guinea
153 19 Guinea – Bissau

154 20 Haiti
155 21 Iraq
156 22 Laos
157 23 Liberia
158 24 Madagascar
159 25 Malawi
160 26 Maldives
161 27 Mali
162 28 Mauritania
163 29 Moldova
164 30 Mongolia
165 31 Mozambique
166 32 Nepal
167 33 Nicaragua
168 34 Niger
169 35 Samoa
170 36 Sao Tome & Principe
171 37 Sierra Leone
172 38 Swaziland
173 39 Tajikistan
174 40 Timor-leste
175 41 Togo
176 42 Ukraine