Development sequence
Enablement73
Facilitation65
Sustainability & reliability67
Constrained exclusion penalty5.7
Illustrative calculation: 0.55E + 0.30F + 0.15S − constrained-exclusion penalty = 64. The current published analytical estimate is 64.
Specialised analytical suite
SOW Development & Sovereignty
A focused suite for development capacity, financial sovereignty, debt sustainability and experimental sovereign-credit assessment. Individual subject maps remain under Topics; general cross-topic composites remain under Indices.
Preliminary analytical estimates: these values are not official statistics or formal credit ratings. They are presented with visible uncertainty and may change as additional historical and country evidence is reviewed.
64 / 100
CDIDeveloping capacity · illustrative range 59–69
79 / 100
NFSIHigh
67 / 100
CDSIManageable but vulnerable
70.1 / 100
Sovereign assessmentA-equivalent experimental
India profile
Sovereign assessment inputs
CDSI 40% · NFSI 20% · economic strength 15% · institutional credibility 15% · political/event resilience 10%.
A-equivalent experimental
Direction: Improving · evidence edition 2026-08.
Currency denomination, transfer and convertibility conditions, expected recovery and exceptional-event adjustments will be shown separately when evidence is sufficient.
Experimental Sovereign Credit Assessment global comparison
| Rank | Country | Score | Uncertainty | Evidence grade | Direction | Status |
|---|---|---|---|---|---|---|
| 1 | Switzerland | 88.8 | ±4.5 | C · reviewed calibration | Stable | Preliminary estimate |
| 2 | Norway | 86.5 | ±4.5 | C · reviewed calibration | Stable | Preliminary estimate |
| 3 | Germany | 81.1 | ±5 | C · reviewed calibration | Stable | Preliminary estimate |
| 4 | Netherlands | 80.6 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 5 | Austria | 79.9 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 6 | Italy | 79 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 7 | Poland | 78.2 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 8 | Singapore | 77.7 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 9 | Belarus | 77.6 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 10 | United Kingdom | 77.6 | ±5.5 | C · reviewed calibration | Stable | Preliminary estimate |
| 11 | Canada | 77.1 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 12 | Australia | 76.9 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 13 | Romania | 76.9 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 14 | San Marino | 76.7 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 15 | United States | 76.3 | ±6 | C · reviewed calibration | Deteriorating | Preliminary estimate |
| 16 | Croatia | 76.2 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 17 | Japan | 75.9 | ±6 | C · reviewed calibration | Deteriorating | Preliminary estimate |
| 18 | Sweden | 75.6 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 19 | Russia | 74.9 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 20 | Serbia | 74.7 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 21 | Slovakia | 74.7 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 22 | France | 74.3 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 23 | Hungary | 74 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 24 | Andorra | 73.9 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 25 | Spain | 73.7 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 26 | Luxembourg | 73.6 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 27 | Cuba | 73 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 28 | Cyprus | 72.9 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 29 | Moldova | 72.1 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 30 | Ukraine | 72.1 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 31 | Saint Vincent and the Grenadines | 72 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 32 | Denmark | 71.9 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 33 | Czechia | 71.5 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 34 | Marshall Islands | 71.4 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 35 | Malta | 71.3 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 36 | Jamaica | 71 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 37 | Liechtenstein | 71 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 38 | New Zealand | 70.9 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 39 | North Macedonia | 70.8 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 40 | Latvia | 70.7 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 41 | Uzbekistan | 70.5 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 42 | India | 70.1 | ±5 | C · reviewed calibration | Improving | Preliminary estimate |
| 43 | El Salvador | 70 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 44 | Iran | 70 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 45 | Bulgaria | 69.7 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 46 | Iceland | 69.7 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 47 | Philippines | 69.6 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 48 | Kazakhstan | 69.4 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 49 | Haiti | 69.2 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 50 | Kiribati | 69.2 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 51 | Sri Lanka | 69.1 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 52 | Finland | 69 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 53 | Slovenia | 68.8 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 54 | Belgium | 68.7 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 55 | Albania | 68.4 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 56 | Afghanistan | 68.3 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 57 | Dominican Republic | 68.2 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 58 | Greece | 67.9 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 59 | Bahamas | 67.6 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 60 | Costa Rica | 67.6 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 61 | Ireland | 67.4 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 62 | Bangladesh | 67.3 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 63 | Portugal | 67.3 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 64 | Grenada | 67.2 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 65 | Papua New Guinea | 67 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 66 | Peru | 67 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 67 | Turkmenistan | 67 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 68 | Venezuela | 67 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 69 | Lithuania | 66.8 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 70 | Ecuador | 66.7 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 71 | Palau | 66.5 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 72 | Nauru | 66.4 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 73 | Saudi Arabia | 66.4 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 74 | Solomon Islands | 66.3 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 75 | Bosnia and Herzegovina | 66.2 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 76 | China | 66.2 | ±6 | C · reviewed calibration | Deteriorating | Preliminary estimate |
| 77 | Honduras | 66.2 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 78 | Indonesia | 66.2 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 79 | Nicaragua | 66.2 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 80 | Panama | 65.8 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 81 | Vanuatu | 65.8 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 82 | Guyana | 65.6 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 83 | Viet Nam | 65.5 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 84 | Paraguay | 65.4 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 85 | Chile | 65.3 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 86 | Colombia | 65.1 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 87 | Kyrgyzstan | 65.1 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 88 | Dominica | 64.8 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 89 | Estonia | 64.8 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 90 | South Korea | 64.8 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 91 | Timor-Leste | 64.8 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 92 | Barbados | 64.7 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 93 | Nepal | 64.6 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 94 | Thailand | 64.6 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 95 | Syria | 64.4 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 96 | Tuvalu | 64.4 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 97 | Montenegro | 64.3 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 98 | Monaco | 64.2 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 99 | Micronesia | 63.9 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 100 | Cambodia | 63.8 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 101 | Belize | 63.6 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 102 | Tonga | 63.5 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 103 | Guatemala | 63.2 | ±9.1 | D · model estimate | Improving | Preliminary estimate |
| 104 | Iraq | 63.1 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 105 | Malaysia | 63.1 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 106 | Niger | 63.1 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 107 | Türkiye | 62.9 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 108 | Mexico | 62.8 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 109 | Holy See | 62.7 | ±9 | D · model estimate | Improving | Preliminary estimate |
| 110 | Egypt | 62.6 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 111 | Algeria | 62.4 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 112 | Antigua and Barbuda | 62.4 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 113 | Myanmar | 62.4 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 114 | Azerbaijan | 62.2 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 115 | Argentina | 61.8 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 116 | Oman | 61.8 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 117 | Bolivia | 61.7 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 118 | State of Palestine | 61.7 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 119 | United Arab Emirates | 61.6 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 120 | Equatorial Guinea | 61.3 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 121 | Kuwait | 61.1 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 122 | Lao PDR | 61 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 123 | Tajikistan | 60.9 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 124 | Guinea | 60.8 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 125 | Eritrea | 60.7 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 126 | North Korea | 60.6 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 127 | Armenia | 60.5 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 128 | Mongolia | 60.5 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 129 | Burkina Faso | 60.4 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 130 | Uruguay | 60.4 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 131 | Brunei | 60.2 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 132 | Israel | 60.1 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 133 | Qatar | 60.1 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 134 | Trinidad and Tobago | 60.1 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 135 | Tunisia | 60.1 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 136 | Samoa | 59.9 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 137 | Burundi | 59.8 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 138 | Ghana | 59.8 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 139 | Saint Lucia | 59.7 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 140 | Ethiopia | 59.6 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 141 | Rwanda | 59.3 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 142 | Namibia | 59.2 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 143 | Lebanon | 59 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 144 | Suriname | 58.9 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 145 | Angola | 58.6 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 146 | Brazil | 58.5 | ±7 | C · reviewed calibration | Deteriorating | Preliminary estimate |
| 147 | Madagascar | 58.1 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 148 | Sierra Leone | 58.1 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 149 | Yemen | 58.1 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 150 | Eswatini | 57.7 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 151 | Jordan | 57.5 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 152 | Saint Kitts and Nevis | 57.5 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 153 | Senegal | 57.5 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 154 | Bahrain | 57.3 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 155 | Mozambique | 57.3 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 156 | Sudan | 57.3 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 157 | Zambia | 57.2 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 158 | Somalia | 57 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 159 | Nigeria | 56.9 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 160 | Cameroon | 56.7 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 161 | Fiji | 56.7 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 162 | Mali | 56.7 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 163 | Morocco | 56.7 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 164 | South Africa | 56.4 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 165 | Libya | 56.2 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 166 | Georgia | 56.1 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 167 | Togo | 55.9 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 168 | Uganda | 55.9 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 169 | Bhutan | 55.8 | ±9.2 | D · model estimate | Improving | Preliminary estimate |
| 170 | Maldives | 55.8 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 171 | Zimbabwe | 55.8 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 172 | Guinea-Bissau | 55.5 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 173 | Chad | 55.2 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 174 | Comoros | 55.2 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 175 | Tanzania | 55.1 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 176 | Liberia | 55 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 177 | South Sudan | 54.8 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 178 | Gambia | 54.7 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 179 | Democratic Republic of the Congo | 54.6 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 180 | Mauritius | 54.5 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 181 | Mauritania | 54.2 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 182 | Côte d’Ivoire | 54 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 183 | Central African Republic | 53.8 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 184 | Malawi | 53.8 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 185 | Botswana | 53.5 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 186 | Djibouti | 53.5 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 187 | Gabon | 53 | ±9.3 | D · model estimate | Improving | Preliminary estimate |
| 188 | Cabo Verde | 52.4 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 189 | Lesotho | 52.4 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 190 | Benin | 51.8 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 191 | Kenya | 50.7 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 192 | Republic of the Congo | 49.6 | ±9.5 | D · model estimate | Improving | Preliminary estimate |
| 193 | Sao Tome and Principe | 49.1 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 194 | Seychelles | 48.6 | ±9.4 | D · model estimate | Improving | Preliminary estimate |
| 195 | Pakistan | 34.8 | ±7 | C · reviewed calibration | Deteriorating | Preliminary estimate |
Methodological safeguards
- Development measures substantive freedom, capability and genuine choice; voluntary non-participation is not penalised.
- Participation remains a diagnostic for barriers and constrained exclusion, with a rebuttable agency presumption at high enablement.
- NFSI measures effective—not merely legal—financial autonomy and separately recognises pooled sovereignty.
- CDSI uses country-specific capacity, financing structure and stress resilience; debt/GDP alone cannot determine sustainability.
- Weights, revisions and important limitations are recorded and publicly explained.