| Country | Adj. Default Spread | Equity Risk Premium | Country Risk Premium | Corporate Tax Rate | Moody's rating |
| Abu Dhabi | 0.60% | 6.79% | 0.85% | 15.00% | Aa2 |
| Albania | 5.51% | 13.71% | 7.77% | 15.00% | B1 |
| Algeria | 3.68% | 11.13% | 5.19% | 26.00% | NR |
| Andorra (Principality of) | 2.33% | 9.23% | 3.29% | 18.98% | Baa2 |
| Angola | 7.95% | 17.16% | 11.22% | 25.00% | B3 |
| Anguilla | 7.93% | 17.13% | 11.19% | 25.63% | NR |
| Antigua & Barbuda | 7.93% | 17.13% | 11.19% | 25.63% | NR |
| Argentina | 14.68% | 26.65% | 20.71% | 35.00% | Ca |
| Armenia | 4.40% | 12.15% | 6.21% | 18.00% | Ba3 |
| Aruba | 2.33% | 9.23% | 3.29% | 25.00% | Baa2 |
| Australia | 0.00% | 5.94% | 0.00% | 30.00% | Aaa |
| Austria | 0.49% | 6.63% | 0.69% | 24.00% | Aa1 |
| Azerbaijan | 3.06% | 10.26% | 4.32% | 20.00% | Ba1 |
| Bahamas | 5.51% | 13.71% | 7.77% | 0.00% | B1 |
| Bahrain | 6.73% | 15.43% | 9.49% | 0.00% | B2 |
| Bangladesh | 4.40% | 12.15% | 6.21% | 32.50% | Ba3 |
| Barbados | 9.17% | 18.88% | 12.94% | 5.50% | Caa1 |
| Belarus | 14.68% | 26.65% | 20.71% | 18.00% | Ca |
| Belgium | 0.73% | 6.97% | 1.03% | 25.00% | Aa3 |
| Belize | 11.02% | 21.48% | 15.54% | 27.18% | Caa2 |
| Benin | 5.51% | 13.71% | 7.77% | 30.00% | B1 |
| Bermuda | 1.04% | 7.40% | 1.46% | 0.00% | A2 |
| Bolivia | 6.73% | 15.43% | 9.49% | 25.00% | B2 |
| Bosnia and Herzegovina | 7.95% | 17.16% | 11.22% | 10.00% | B3 |
| Botswana | 1.47% | 8.01% | 2.07% | 22.00% | A3 |
| Brazil | 3.68% | 11.13% | 5.19% | 34.00% | Ba2 |
| British Virgin Islands | 7.93% | 17.13% | 11.19% | 25.63% | NR |
| Brunei | 1.04% | 7.40% | 1.46% | 18.50% | NR |
| Bulgaria | 1.96% | 8.70% | 2.76% | 10.00% | Baa1 |
| Burkina Faso | 9.17% | 18.88% | 12.94% | 28.00% | Caa1 |
| Cambodia | 6.73% | 15.43% | 9.49% | 20.00% | B2 |
| Cameroon | 6.73% | 15.43% | 9.49% | 33.00% | B2 |
| Canada | 0.00% | 5.94% | 0.00% | 25.00% | Aaa |
| Cape Verde | 7.95% | 17.16% | 11.22% | 0.00% | B3 |
| Cayman Islands | 0.73% | 6.97% | 1.03% | 0.00% | Aa3 |
| Channel Islands | 1.07% | 7.45% | 1.51% | 24.83% | NR |
| Chile | 1.04% | 7.40% | 1.46% | 27.00% | A2 |
| China | 0.86% | 7.16% | 1.22% | 25.00% | A1 |
| Colombia | 2.33% | 9.23% | 3.29% | 35.00% | Baa2 |
| Congo (Democratic Republic of) | 7.95% | 17.16% | 11.22% | 30.00% | B3 |
| Congo (Republic of) | 11.02% | 21.48% | 15.54% | 28.00% | Caa2 |
| Cook Islands | 5.51% | 13.71% | 7.77% | 28.43% | B1 |
| Costa Rica | 6.73% | 15.43% | 9.49% | 30.00% | B2 |
| Croatia | 2.33% | 9.23% | 3.29% | 18.00% | Baa2 |
| Cuba | 14.68% | 26.65% | 20.71% | 27.18% | Ca |
| Curacao | 2.33% | 9.23% | 3.29% | 22.00% | Baa2 |
| Cyprus | 3.06% | 10.26% | 4.32% | 12.50% | Ba1 |
| Czech Republic | 0.73% | 6.97% | 1.03% | 19.00% | Aa3 |
| Denmark | 0.00% | 5.94% | 0.00% | 22.00% | Aaa |
| Dominican Republic | 4.40% | 12.15% | 6.21% | 27.00% | Ba3 |
| Ecuador | 12.24% | 23.20% | 17.26% | 25.00% | Caa3 |
| Egypt | 6.73% | 15.43% | 9.49% | 22.50% | B2 |
| El Salvador | 12.24% | 23.20% | 17.26% | 30.00% | Caa3 |
| Estonia | 0.86% | 7.16% | 1.22% | 20.00% | A1 |
| Ethiopia | 11.02% | 21.48% | 15.54% | 30.00% | Caa2 |
| Falkland Islands | 4.65% | 12.51% | 6.57% | 31.46% | NR |
| Fiji | 5.51% | 13.71% | 7.77% | 20.00% | B1 |
| Finland | 0.49% | 6.63% | 0.69% | 20.00% | Aa1 |
| France | 0.60% | 6.79% | 0.85% | 25.00% | Aa2 |
| French Guiana | 4.65% | 12.51% | 6.57% | 31.46% | NR |
| Gabon | 9.17% | 18.88% | 12.94% | 30.00% | Caa1 |
| Gambia | 6.73% | 15.43% | 9.49% | 31.00% | NR |
| Georgia | 3.68% | 11.13% | 5.19% | 15.00% | Ba2 |
| Germany | 0.00% | 5.94% | 0.00% | 30.00% | Aaa |
| Ghana | 14.68% | 26.65% | 20.71% | 25.00% | Ca |
| Gibraltar | 1.07% | 7.45% | 1.51% | 24.83% | NR |
| Greece | 4.40% | 12.15% | 6.21% | 22.00% | Ba3 |
| Greenland | 1.07% | 7.45% | 1.51% | 24.83% | NR |
| Guatemala | 3.06% | 10.26% | 4.32% | 25.00% | Ba1 |
| Guernsey (States of) | 0.00% | 5.94% | 0.00% | 0.00% | Aaa |
| Guinea | 11.02% | 21.48% | 15.54% | 29.15% | NR |
| Guinea-Bissau | 7.95% | 17.16% | 11.22% | 29.15% | NR |
| Guyana | 1.96% | 8.70% | 2.76% | 18.64% | NR |
| Haiti | 14.68% | 26.65% | 20.71% | 18.64% | NR |
| Honduras | 5.51% | 13.71% | 7.77% | 25.00% | B1 |
| Hong Kong | 0.73% | 6.97% | 1.03% | 16.50% | Aa3 |
| Hungary | 2.33% | 9.23% | 3.29% | 9.00% | Baa2 |
| Iceland | 1.04% | 7.40% | 1.46% | 20.00% | A2 |
| India | 2.69% | 9.73% | 3.79% | 30.00% | Baa3 |
| Indonesia | 2.33% | 9.23% | 3.29% | 15.00% | Baa2 |
| Iran | 5.51% | 13.71% | 7.77% | 20.23% | NR |
| Iraq | 9.17% | 18.88% | 12.94% | 15.00% | Caa1 |
| Ireland | 0.86% | 7.16% | 1.22% | 12.50% | A1 |
| Isle of Man | 0.73% | 6.97% | 1.03% | 0.00% | Aa3 |
| Israel | 0.86% | 7.16% | 1.22% | 23.00% | A1 |
| Italy | 2.69% | 9.73% | 3.79% | 24.00% | Baa3 |
| Ivory Coast | 4.40% | 12.15% | 6.21% | 25.00% | Ba3 |
| Jamaica | 6.73% | 15.43% | 9.49% | 25.00% | B2 |
| Japan | 0.86% | 7.16% | 1.22% | 23.20% | A1 |
| Jersey (States of) | 0.00% | 5.94% | 0.00% | 0.00% | Aaa |
| Jordan | 5.51% | 13.71% | 7.77% | 20.00% | B1 |
| Kazakhstan | 2.33% | 9.23% | 3.29% | 20.00% | Baa2 |
| Kenya | 6.73% | 15.43% | 9.49% | 30.00% | B2 |
| Korea, D.P.R. | 14.68% | 26.65% | 20.71% | 23.10% | NR |
| Kuwait | 0.86% | 7.16% | 1.22% | 15.00% | A1 |
| Kyrgyzstan | 7.95% | 17.16% | 11.22% | 10.00% | B3 |
| Laos | 12.24% | 23.20% | 17.26% | 22.81% | Caa3 |
| Latvia | 1.47% | 8.01% | 2.07% | 20.00% | A3 |
| Lebanon | 17.50% | 30.63% | 24.69% | 17.00% | C |
| Liberia | 11.02% | 21.48% | 15.54% | 29.15% | NR |
| Libya | 3.68% | 11.13% | 5.19% | 20.00% | NR |
| Liechtenstein | 0.00% | 5.94% | 0.00% | 12.50% | Aaa |
| Lithuania | 1.04% | 7.40% | 1.46% | 15.00% | A2 |
| Luxembourg | 0.00% | 5.94% | 0.00% | 24.94% | Aaa |
| Macao | 0.73% | 6.97% | 1.03% | 22.81% | Aa3 |
| Macedonia | 4.40% | 12.15% | 6.21% | 10.00% | Ba3 |
| Madagascar | 7.95% | 17.16% | 11.22% | 20.00% | NR |
| Malawi | 14.68% | 26.65% | 20.71% | 30.00% | NR |
| Malaysia | 1.47% | 8.01% | 2.07% | 24.00% | A3 |
| Maldives | 9.17% | 18.88% | 12.94% | 22.81% | Caa1 |
| Mali | 11.02% | 21.48% | 15.54% | 22.81% | Caa2 |
| Malta | 1.04% | 7.40% | 1.46% | 35.00% | A2 |
| Martinique | 7.93% | 17.13% | 11.19% | 25.63% | NR |
| Mauritius | 2.69% | 9.73% | 3.79% | 15.00% | Baa3 |
| Mexico | 2.33% | 9.23% | 3.29% | 30.00% | Baa2 |
| Moldova | 7.95% | 17.16% | 11.22% | 12.00% | B3 |
| Mongolia | 7.95% | 17.16% | 11.22% | 25.00% | B3 |
| Montenegro | 5.51% | 13.71% | 7.77% | 15.00% | B1 |
| Montserrat | 2.69% | 9.73% | 3.79% | 27.18% | Baa3 |
| Morocco | 3.06% | 10.26% | 4.32% | 31.00% | Ba1 |
| Mozambique | 11.02% | 21.48% | 15.54% | 32.00% | Caa2 |
| Myanmar | 12.24% | 23.20% | 17.26% | 25.00% | NR |
| Namibia | 5.51% | 13.71% | 7.77% | 32.00% | B1 |
| Netherlands | 0.00% | 5.94% | 0.00% | 25.80% | Aaa |
| Netherlands Antilles | 7.93% | 17.13% | 11.19% | 25.63% | NR |
| New Zealand | 0.00% | 5.94% | 0.00% | 28.00% | Aaa |
| Nicaragua | 7.95% | 17.16% | 11.22% | 30.00% | B3 |
| Niger | 7.95% | 17.16% | 11.22% | 22.81% | B3 |
| Nigeria | 7.95% | 17.16% | 11.22% | 30.00% | B3 |
| Norway | 0.00% | 5.94% | 0.00% | 22.00% | Aaa |
| Oman | 4.40% | 12.15% | 6.21% | 15.00% | Ba3 |
| Pakistan | 9.17% | 18.88% | 12.94% | 29.00% | Caa1 |
| Palestinian Authority | 1.78% | 8.45% | 2.51% | 15.18% | NR |
| Panama | 2.33% | 9.23% | 3.29% | 25.00% | Baa2 |
| Papua New Guinea | 6.73% | 15.43% | 9.49% | 30.00% | B2 |
| Paraguay | 3.06% | 10.26% | 4.32% | 10.00% | Ba1 |
| Peru | 1.96% | 8.70% | 2.76% | 29.50% | Baa1 |
| Philippines | 2.33% | 9.23% | 3.29% | 25.00% | Baa2 |
| Poland | 1.04% | 7.40% | 1.46% | 19.00% | A2 |
| Portugal | 2.33% | 9.23% | 3.29% | 21.00% | Baa2 |
| Qatar | 0.73% | 6.97% | 1.03% | 10.00% | Aa3 |
| Ras Al Khaimah (Emirate of) | 1.47% | 8.01% | 2.07% | 0.00% | A3 |
| Reunion | 1.07% | 7.45% | 1.51% | 24.83% | NR |
| Romania | 2.69% | 9.73% | 3.79% | 16.00% | Baa3 |
| Russia | 9.17% | 18.88% | 12.94% | 20.00% | Caa1 |
| Rwanda | 6.73% | 15.43% | 9.49% | 30.00% | B2 |
| Saint Lucia | 7.93% | 17.13% | 11.19% | 25.63% | NR |
| Saudi Arabia | 0.86% | 7.16% | 1.22% | 20.00% | A1 |
| Senegal | 4.40% | 12.15% | 6.21% | 30.00% | Ba3 |
| Serbia | 3.68% | 11.13% | 5.19% | 15.00% | Ba2 |
| Sharjah | 3.06% | 10.26% | 4.32% | 0.00% | Ba1 |
| Sierra Leone | 14.68% | 26.65% | 20.71% | 30.00% | NR |
| Singapore | 0.00% | 5.94% | 0.00% | 17.00% | Aaa |
| Slovakia | 1.04% | 7.40% | 1.46% | 21.00% | A2 |
| Slovenia | 1.47% | 8.01% | 2.07% | 19.00% | A3 |
| Solomon Islands | 9.17% | 18.88% | 12.94% | 30.00% | Caa1 |
| Somalia | 14.68% | 26.65% | 20.71% | 29.15% | NR |
| South Africa | 3.68% | 11.13% | 5.19% | 27.00% | Ba2 |
| South Korea | 0.60% | 6.79% | 0.85% | 25.00% | Aa2 |
| Spain | 1.96% | 8.70% | 2.76% | 25.00% | Baa1 |
| Sri Lanka | 14.68% | 26.65% | 20.71% | 24.00% | Ca |
| St. Maarten | 3.68% | 11.13% | 5.19% | 27.18% | Ba2 |
| St. Vincent & the Grenadines | 7.95% | 17.16% | 11.22% | 27.18% | B3 |
| Sudan | 17.50% | 30.63% | 24.69% | 35.00% | NR |
| Suriname | 12.24% | 23.20% | 17.26% | 36.00% | Caa3 |
| Swaziland | 7.95% | 17.16% | 11.22% | 27.50% | B3 |
| Sweden | 0.00% | 5.94% | 0.00% | 20.60% | Aaa |
| Switzerland | 0.00% | 5.94% | 0.00% | 18.00% | Aaa |
| Syria | 17.50% | 30.63% | 24.69% | 28.00% | NR |
| Taiwan | 0.73% | 6.97% | 1.03% | 20.00% | Aa3 |
| Tajikistan | 7.95% | 17.16% | 11.22% | 18.00% | B3 |
| Tanzania | 6.73% | 15.43% | 9.49% | 30.00% | B2 |
| Thailand | 1.96% | 8.70% | 2.76% | 20.00% | Baa1 |
| Togo | 7.95% | 17.16% | 11.22% | 22.81% | B3 |
| Trinidad and Tobago | 3.68% | 11.13% | 5.19% | 30.00% | Ba2 |
| Tunisia | 9.17% | 18.88% | 12.94% | 15.00% | Caa1 |
| Turkey | 7.95% | 17.16% | 11.22% | 23.00% | B3 |
| Turks and Caicos Islands | 1.96% | 8.70% | 2.76% | 0.00% | Baa1 |
| Uganda | 6.73% | 15.43% | 9.49% | 30.00% | B2 |
| Ukraine | 12.24% | 23.20% | 17.26% | 18.00% | Caa3 |
| United Arab Emirates | 0.60% | 6.79% | 0.85% | 0.00% | Aa2 |
| United Kingdom | 0.73% | 6.97% | 1.03% | 25.00% | Aa3 |
| United States | 0.00% | 5.94% | 0.00% | 25.00% | Aaa |
| Uruguay | 2.33% | 9.23% | 3.29% | 25.00% | Baa2 |
| Uzbekistan | 5.51% | 13.71% | 7.77% | 15.00% | B1 |
| Venezuela | 17.50% | 30.63% | 24.69% | 34.00% | C |
| Vietnam | 3.68% | 11.13% | 5.19% | 20.00% | Ba2 |
| Yemen | 17.50% | 30.63% | 24.69% | 20.00% | NR |
| Zambia | 14.68% | 26.65% | 20.71% | 35.00% | Ca |
| Zimbabwe | 9.17% | 18.88% | 12.94% | 25.00% | NR |