Elevated
Peer rank #5 of 10
MoM +0.2
CRI trend
Apr 2026 · May 2026
Pillar scores
Currency (20%)
21
Sovereign (20%)
29
Regulatory (15%)
40
Counterparty (15%)
35
Liquidity (15%)
67
Political (15%)
83
Indicator inputs
Currency
21- Parallel-vs-official FX premium
- 9 %n21
- 12-month local-currency depreciation
- 15 %n16
- Inflation (YoY)
- 18 %n26
Sovereign
29- External debt / GDP
- 23 %n3
- In external arrears
- 0 0/1n0
- ICRG-style sovereign band
- 8 1–10n83
Regulatory
40- Months since last RBZ/FX directive
- 41 monthsn44
- Investment-approval backlog
- 12 weeksn75
- FATF grey/black-list status
- 0 0/1/2n0
Counterparty
35- Banking-sector NPL ratio
- 8 %n31
- State-owned-enterprise share of economy
- 26 %n40
Liquidity
67- Equity-market turnover / market-cap
- 1 %n100
- Days to repatriate USD
- 48 daysn34
Political
83- Months to next national election
- 23 monthsn50
- ACLED conflict-events trend
- 92 indexn100
- Governance percentile
- 9 0–100n100
Each row shows the raw indicator value and (n) its peer-relative normalised 0–100 risk value. Source: desk estimates from public data.
Indicative composite · Not investment advice · May 2026