The British firm Henley & Partners has published its “Global Investment Risk and Resilience Index,” a ranking that measures countries’ exposure to geopolitical, economic, and climate risks, as well as their capacity to deal with them.
This index helps wealthy individuals, institutional investors, and companies decide where and how to place their capital.
Based on 13 indicators, the index assesses 226 countries and territories according to two main axes: risk and resilience. An overall score, calculated from these two axes and expressed out of 100, is used to rank the countries: the higher the score, the safer and more attractive the country is considered for investors.
Tunisia, 16th least risky country in Africa
Tunisia ranks 16th in Africa among the least risky countries for investors, with an overall score of 52.39, placing it 166th globally.
In detail, the country obtains a total risk score of 39.49 (out of 100; the lower the score, the less exposed the country is to risk) and a total resilience score of 44.26 (out of 100; the higher the score, the more the country can adapt and recover from crises).
Compared to its Maghreb neighbors, Tunisia ranks behind Morocco and Algeria. Morocco, 9th in Africa, obtains an overall score of 55.42 (148th globally), while Algeria, 11th in Africa, scores 54.81 (153rd globally).
The scores are very close, but Morocco and Algeria present a slightly lower risk and a slightly higher resilience.
In contrast, Egypt, 44th in Africa, ranks much further behind despite its status as the most attractive destination for FDI in 2024, with a global rank of 213. Libya ranks even lower, at 220th globally, with an overall score of 35.21.
For the rest of Africa, the least risky country for investors is Mauritius, which ranks 83rd globally with a score of 62.20. It is followed by Tanzania (84th), Botswana (86th), Seychelles (109th), and Uganda (122nd).
In total, only three African countries feature in the global Top 100. The majority of other countries on the continent are at the bottom of the ranking, notably due to poor performance on several indicators: political stability, governance, external accounts, and resilience to climate change.
In the Arab world, Qatar stands as the least risky country, ranking 51st globally with a relatively low risk score of 23.74.
Globally, the least risky countries for investors are mainly located in Europe, with Switzerland at the top (overall score 88.42), followed by Denmark (85.09), Norway (83.54), Singapore (83.37), and Sweden (83.18).
These countries offer both low exposure to risk and a high capacity for resilience, making them particularly attractive to international investors.
