Elevated
Peer rank #2 of 10
MoM -0.2
CRI trend
Apr 2026 · May 2026
Pillar scores
Currency (20%)
3
Sovereign (20%)
94
Regulatory (15%)
69
Counterparty (15%)
49
Liquidity (15%)
56
Political (15%)
44
Indicator inputs
Currency
3- Parallel-vs-official FX premium
- 2 %n5
- 12-month local-currency depreciation
- 6 %n2
- Inflation (YoY)
- 4 %n2
Sovereign
94- External debt / GDP
- 99 %n100
- In external arrears
- 1 0/1n100
- ICRG-style sovereign band
- 8 1–10n83
Regulatory
69- Months since last RBZ/FX directive
- 31 monthsn58
- Investment-approval backlog
- 9 weeksn50
- FATF grey/black-list status
- 1 0/1/2n100
Counterparty
49- Banking-sector NPL ratio
- 9 %n39
- State-owned-enterprise share of economy
- 30 %n60
Liquidity
56- Equity-market turnover / market-cap
- 4 %n92
- Days to repatriate USD
- 30 daysn20
Political
44- Months to next national election
- 39 monthsn0
- ACLED conflict-events trend
- 58 indexn60
- Governance percentile
- 27 0–100n71
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