| Country | GDP (in billions) | Moody's rating | Adj. Default Spread | Equity Risk Premium | Country Risk Premium (added to mature market premIUM) |
| Abu Dhabi | 390.00 | Aa2 | 0.51% | 5.65% | 0.57% |
| Albania | 11.86 | B1 | 4.62% | 10.27% | 5.19% |
| Algeria | 159.05 | NA | 6.67% | 12.58% | 7.50% |
| Andorra (Principality of) | 2.86 | Baa2 | 1.95% | 7.27% | 2.19% |
| Angola | 102.60 | B2 | 5.64% | 11.42% | 6.34% |
| Anguilla | 1.50 | NA | 5.61% | 11.39% | 6.31% |
| Antigua & Barbuda | 1.46 | NA | 5.61% | 11.39% | 6.31% |
| Argentina | 545.48 | B2 | 5.64% | 11.42% | 6.34% |
| Armenia | 10.57 | B1 | 4.62% | 10.27% | 5.19% |
| Aruba | 2.60 | Baa1 | 1.64% | 6.92% | 1.84% |
| Australia | 1204.62 | Aaa | 0.00% | 5.08% | 0.00% |
| Austria | 390.80 | Aa1 | 0.41% | 5.54% | 0.46% |
| Azerbaijan | 37.85 | Ba2 | 3.08% | 8.54% | 3.46% |
| Bahamas | 11.26 | Baa3 | 2.26% | 7.62% | 2.54% |
| Bahrain | 32.18 | B1 | 4.62% | 10.27% | 5.19% |
| Bangladesh | 221.42 | Ba3 | 3.69% | 9.23% | 4.15% |
| Barbados | 4.53 | Caa3 | 10.25% | 16.60% | 11.52% |
| Belarus | 47.41 | Caa1 | 7.69% | 13.72% | 8.64% |
| Belgium | 467.96 | Aa3 | 0.62% | 5.78% | 0.70% |
| Belize | 1.74 | B3 | 6.67% | 12.58% | 7.50% |
| Benin | 8.58 | NA | 4.86% | 10.47% | 5.46% |
| Bermuda | 5.60 | A2 | 0.87% | 6.06% | 0.98% |
| Bolivia | 33.81 | Ba3 | 3.69% | 9.23% | 4.15% |
| Bosnia and Herzegovina | 16.91 | B3 | 6.67% | 12.58% | 7.50% |
| Botswana | 15.58 | A2 | 0.87% | 6.06% | 0.98% |
| Brazil | 1796.19 | Ba2 | 3.08% | 8.54% | 3.46% |
| British Virgin Islands | 0.20 | NA | 5.61% | 11.39% | 6.31% |
| Brunei | 11.40 | NA | 0.87% | 6.06% | 0.98% |
| Bulgaria | 53.24 | Baa2 | 1.95% | 7.27% | 2.19% |
| Burkina Faso | 11.69 | B2 | 5.64% | 11.42% | 6.34% |
| Cambodia | 20.02 | B2 | 5.64% | 11.42% | 6.34% |
| Cameroon | 32.22 | B2 | 5.64% | 11.42% | 6.34% |
| Canada | 1529.76 | Aaa | 0.00% | 5.08% | 0.00% |
| Cape Verde | 1.90 | B2 | 5.64% | 11.42% | 6.34% |
| Cayman Islands | 3.20 | Aa3 | 0.62% | 5.78% | 0.70% |
| Channel Islands | NA | NA | 0.82% | 6.01% | 0.93% |
| Chile | 247.03 | Aa3 | 0.62% | 5.78% | 0.70% |
| China | 11199.15 | A1 | 0.72% | 5.89% | 0.81% |
| Colombia | 282.46 | Baa2 | 1.95% | 7.27% | 2.19% |
| Congo (Democratic Republic of) | 31.93 | B3 | 6.67% | 12.58% | 7.50% |
| Congo (Republic of) | 7.83 | Caa2 | 9.23% | 15.46% | 10.38% |
| Cook Islands | 1.20 | B1 | 4.62% | 10.27% | 5.19% |
| Costa Rica | 57.44 | Ba2 | 3.08% | 8.54% | 3.46% |
| Côte d'Ivoire | 36.37 | Ba3 | 3.69% | 9.23% | 4.15% |
| Croatia | 50.71 | Ba2 | 3.08% | 8.54% | 3.46% |
| Cuba | 77.20 | Caa2 | 9.23% | 15.46% | 10.38% |
| Curacao | 1.00 | A3 | 1.23% | 6.46% | 1.38% |
| Cyprus | 20.05 | Ba3 | 3.69% | 9.23% | 4.15% |
| Czech Republic | 195.31 | A1 | 0.72% | 5.89% | 0.81% |
| Denmark | 306.90 | Aaa | 0.00% | 5.08% | 0.00% |
| Dominican Republic | 71.58 | Ba3 | 3.69% | 9.23% | 4.15% |
| Ecuador | 98.61 | B3 | 6.67% | 12.58% | 7.50% |
| Egypt | 332.79 | B3 | 6.67% | 12.58% | 7.50% |
| El Salvador | 26.80 | Caa1 | 7.69% | 13.72% | 8.64% |
| Estonia | 23.34 | A1 | 0.72% | 5.89% | 0.81% |
| Ethiopia | 72.37 | B1 | 4.62% | 10.27% | 5.19% |
| Falkland Islands | 0.00 | NA | 3.16% | 8.63% | 3.55% |
| Fiji | 4.70 | Ba3 | 3.69% | 9.23% | 4.15% |
| Finland | 238.50 | Aa1 | 0.41% | 5.54% | 0.46% |
| France | 2465.45 | Aa2 | 0.51% | 5.65% | 0.57% |
| Gabon | 14.21 | B3 | 6.67% | 12.58% | 7.50% |
| Gambia | 0.96 | NA | 9.23% | 15.46% | 10.38% |
| Georgia | 14.38 | Ba2 | 3.08% | 8.54% | 3.46% |
| Germany | 3477.80 | Aaa | 0.00% | 5.08% | 0.00% |
| Ghana | 42.69 | B3 | 6.67% | 12.58% | 7.50% |
| Gibraltar | 0 | 0.82% | 6.01% | 0.93% | 25.51% |
| Greece | 192.69 | Caa2 | 9.23% | 15.46% | 10.38% |
| Greenland | NA | NA | 0.82% | 6.01% | 0.93% |
| Guatemala | 68.76 | Ba1 | 2.56% | 7.96% | 2.88% |
| Guernsey (States of) | 0.50 | Aa3 | 0.62% | 5.78% | 0.70% |
| Guinea | 8.20 | NA | 9.23% | 15.46% | 10.38% |
| Guinea-Bissau | 1,.16 | NA | 6.67% | 12.58% | 7.50% |
| Guyana | 3.50 | NA | 3.69% | 9.23% | 4.15% |
| Haiti | 8.02 | NA | 7.69% | 13.73% | 8.65% |
| Honduras | 21.52 | B1 | 4.62% | 10.27% | 5.19% |
| Hong Kong | 320.91 | Aa2 | 0.51% | 5.65% | 0.57% |
| Hungary | 125.82 | Baa3 | 2.26% | 7.62% | 2.54% |
| Iceland | 20.05 | A3 | 1.23% | 6.46% | 1.38% |
| India | 2263.79 | Baa2 | 1.95% | 7.27% | 2.19% |
| Indonesia | 932.26 | Baa3 | 2.26% | 7.62% | 2.54% |
| Iran | 418.98 | NA | 1.95% | 7.27% | 2.19% |
| Iraq | 171.49 | Caa1 | 7.69% | 13.72% | 8.64% |
| Ireland | 304.82 | A2 | 0.87% | 6.06% | 0.98% |
| Isle of Man | 7.40 | Aa2 | 0.51% | 5.65% | 0.57% |
| Israel | 317.74 | A1 | 0.72% | 5.89% | 0.81% |
| Italy | 1858.91 | Baa2 | 1.95% | 7.27% | 2.19% |
| Jamaica | 14.06 | B3 | 6.67% | 12.58% | 7.50% |
| Japan | 4940.16 | A1 | 0.72% | 5.89% | 0.81% |
| Jersey (States of) | 1.00 | Aa3 | 0.62% | 5.78% | 0.70% |
| Jordan | 38.65 | B1 | 4.62% | 10.27% | 5.19% |
| Kazakhstan | 137.28 | Baa3 | 2.26% | 7.62% | 2.54% |
| Kenya | 70.53 | B1 | 4.62% | 10.27% | 5.19% |
| Korea | 1411.25 | Aa2 | 0.51% | 5.65% | 0.57% |
| Korea, D.P.R. | NA | NA | 10.25% | 16.60% | 11.52% |
| Kuwait | 110.88 | Aa2 | 0.51% | 5.65% | 0.57% |
| Kyrgyzstan | 6.55 | B2 | 5.64% | 11.42% | 6.34% |
| Laos | 15.90 | NA | 1.06% | 6.27% | 1.19% |
| Latvia | 27.57 | A3 | 1.23% | 6.46% | 1.38% |
| Lebanon | 49.60 | B3 | 6.67% | 12.58% | 7.50% |
| Liberia | 2.10 | NA | 12.30% | 18.91% | 13.83% |
| Libya | NA | NA | 7.69% | 13.73% | 8.65% |
| Liechtenstein | 6.70 | Aaa | 0.00% | 5.08% | 0.00% |
| Lithuania | 42.74 | A3 | 1.23% | 6.46% | 1.38% |
| Luxembourg | 58.63 | Aaa | 0.00% | 5.08% | 0.00% |
| Macao | 44.80 | Aa3 | 0.62% | 5.78% | 0.70% |
| Macedonia | 10.90 | Ba3 | 3.69% | 9.23% | 4.15% |
| Madagascar | 10.00 | NA | 5.64% | 11.42% | 6.34% |
| Malawi | 5.43 | NA | 7.69% | 13.73% | 8.65% |
| Malaysia | 296.54 | A3 | 1.23% | 6.46% | 1.38% |
| Mali | 14.03 | NA | 7.69% | 13.73% | 8.65% |
| Malta | 11.00 | A3 | 1.23% | 6.46% | 1.38% |
| Mauritius | 12.17 | Baa1 | 1.64% | 6.92% | 1.84% |
| Mexico | 1046.92 | A3 | 1.23% | 6.46% | 1.38% |
| Moldova | 6.75 | B3 | 6.67% | 12.58% | 7.50% |
| Mongolia | 11.18 | Caa1 | 7.69% | 13.72% | 8.64% |
| Montenegro | 4.37 | B1 | 4.62% | 10.27% | 5.19% |
| Montserrat | 1.50 | Baa3 | 2.26% | 7.62% | 2.54% |
| Morocco | 103.61 | Ba1 | 2.56% | 7.96% | 2.88% |
| Mozambique | 11.01 | Caa3 | 10.25% | 16.60% | 11.52% |
| Myanmar | 63.23 | NA | 6.67% | 12.58% | 7.50% |
| Namibia | 10.95 | Ba1 | 2.56% | 7.96% | 2.88% |
| Netherlands | 777.23 | Aaa | 0.00% | 5.08% | 0.00% |
| Netherlands Antilles | NA | NA | 5.61% | 11.39% | 6.31% |
| New Zealand | 184.97 | Aaa | 0.00% | 5.08% | 0.00% |
| Nicaragua | 13.23 | B2 | 5.64% | 11.42% | 6.34% |
| Niger | 7.53 | NA | 12.30% | 18.91% | 13.83% |
| Nigeria | 404.65 | B2 | 5.64% | 11.42% | 6.34% |
| Norway | 371.08 | Aaa | 0.00% | 5.08% | 0.00% |
| Oman | 66.29 | Baa2 | 1.95% | 7.27% | 2.19% |
| Pakistan | 278.91 | B3 | 6.67% | 12.58% | 7.50% |
| Palestinian Authority | NA | NA | 1.43% | 6.69% | 1.61% |
| Panama | 55.19 | Baa2 | 1.95% | 7.27% | 2.19% |
| Papua New Guinea | 20.21 | B2 | 5.64% | 11.42% | 6.34% |
| Paraguay | 27.42 | Ba1 | 2.56% | 7.96% | 2.88% |
| Peru | 192.21 | A3 | 1.23% | 6.46% | 1.38% |
| Philippines | 304.91 | Baa2 | 1.95% | 7.27% | 2.19% |
| Poland | 471.36 | A2 | 0.87% | 6.06% | 0.98% |
| Portugal | 204.84 | Ba1 | 2.56% | 7.96% | 2.88% |
| Qatar | 152.45 | Aa3 | 0.62% | 5.78% | 0.70% |
| Ras Al Khaimah (Emirate of) | 5.20 | A2 | 0.87% | 6.06% | 0.98% |
| Reunion | NA | NA | 4.86% | 10.47% | 5.46% |
| Romania | 187.59 | Baa3 | 2.26% | 7.62% | 2.54% |
| Russia | 1283.16 | Ba1 | 2.56% | 7.96% | 2.88% |
| Rwanda | 8.38 | B2 | 5.64% | 11.42% | 6.34% |
| Saint Lucia | 1.67 | NA | 5.61% | 11.39% | 6.31% |
| Saudi Arabia | 646.44 | A1 | 0.72% | 5.89% | 0.81% |
| Senegal | 14.68 | Ba3 | 3.69% | 9.23% | 4.15% |
| Serbia | 38.30 | Ba3 | 3.69% | 9.23% | 4.15% |
| Sharjah | 5.00 | A3 | 1.23% | 6.46% | 1.38% |
| Sierra Leone | 3.74 | NA | 12.30% | 18.91% | 13.83% |
| Singapore | 296.98 | Aaa | 0.00% | 5.08% | 0.00% |
| Slovakia | 89.77 | A2 | 0.87% | 6.06% | 0.98% |
| Slovenia | 44.71 | Baa1 | 1.64% | 6.92% | 1.84% |
| Solomon Islands | 1.20 | NA | 1.06% | 6.27% | 1.19% |
| Somalia | 6.22 | NA | 12.30% | 18.91% | 13.83% |
| South Africa | 295.46 | Baa3 | 2.26% | 7.62% | 2.54% |
| Spain | 1237.26 | Baa2 | 1.95% | 7.27% | 2.19% |
| Sri Lanka | 81.32 | B1 | 4.62% | 10.27% | 5.19% |
| St. Maarten | 1.50 | Baa2 | 1.95% | 7.27% | 2.19% |
| St. Vincent & the Grenadines | 0.77 | B3 | 6.67% | 12.58% | 7.50% |
| Sudan | 95.58 | NA | 18.00% | 25.32% | 20.24% |
| Suriname | 3.28 | B1 | 4.62% | 10.27% | 5.19% |
| Swaziland | 3.72 | B2 | 0.00% | 5.08% | 0.00% |
| Sweden | 514.46 | Aaa | 0.00% | 5.08% | 0.00% |
| Switzerland | 668.85 | Aaa | 0.00% | 5.08% | 0.00% |
| Syria | NA | NA | 18.00% | 25.32% | 20.24% |
| Taiwan | 970.90 | Aa3 | 0.62% | 5.78% | 0.70% |
| Tajikistan | 6.95 | B3 | 2.56% | 7.96% | 2.88% |
| Tanzania | 47.34 | NA | 6.67% | 12.58% | 7.50% |
| Thailand | 407.03 | Baa1 | 1.64% | 6.92% | 1.84% |
| Togo | 4.40 | NA | 7.69% | 13.73% | 8.65% |
| Trinidad and Tobago | 21.89 | Ba1 | 2.56% | 7.96% | 2.88% |
| Tunisia | 42.06 | B1 | 4.62% | 10.27% | 5.19% |
| Turkey | 863.71 | Ba1 | 2.56% | 7.96% | 2.88% |
| Turks and Caicos Islands | 1.50 | Baa1 | 1.64% | 6.92% | 1.84% |
| Uganda | 24.08 | B2 | 5.64% | 11.42% | 6.34% |
| Ukraine | 93.27 | Caa2 | 9.23% | 15.46% | 10.38% |
| United Arab Emirates | 348.74 | Aa2 | 0.51% | 5.65% | 0.57% |
| United Kingdom | 2647.90 | Aa2 | 0.51% | 5.65% | 0.57% |
| United States | 18624.48 | Aaa | 0.00% | 5.08% | 0.00% |
| Uruguay | 52.42 | Baa2 | 1.95% | 7.27% | 2.19% |
| Venezuela | 250.00 | Caa3 | 10.25% | 16.60% | 11.52% |
| Vietnam | 205.28 | B1 | 4.62% | 10.27% | 5.19% |
| Yemen, Republic | 27.32 | NA | 18.00% | 25.32% | 20.24% |
| Zambia | 21.06 | B3 | 6.67% | 12.58% | 7.50% |
| Zimbabwe | 16.62 | NA | 9.23% | 15.46% | 10.38% |