The May 2026 special edition of the Global Investment Risk and Resilience Index (GIRRI) shows how country ratings have changed in the wake of recent geopolitical upheavals, by overlaying long-term structural resilience onto real-time market risk signals using Country Risk Premium (CRP) data as of April 1, 2026. The rankings reflect a comprehensive measure of both risk and resilience, with higher-ranked countries generally exhibiting lower risk and greater resilience.
For comparison, Romania is notably absent from this ranking, while Ukraine ranks 131st (down 28 places).
Russia is in 71st place (-2 spots), Turkey is in 88th (+32 spots), and Bulgaria is in 36th place (+34).
The United States remains steady at 24th place, and Germany is in 8th place (+1).
In first place is neutral Switzerland, which is a member of neither the European Union nor NATO.
