Elevated
Peer rank #4 of 10
MoM -2.5
CRI trend
Apr 2026 · May 2026
Pillar scores
Currency (20%)
44
Sovereign (20%)
78
Regulatory (15%)
38
Counterparty (15%)
23
Liquidity (15%)
60
Political (15%)
42
Indicator inputs
Currency
44- Parallel-vs-official FX premium
- 20 %n46
- 12-month local-currency depreciation
- 30 %n41
- Inflation (YoY)
- 29 %n46
Sovereign
78- External debt / GDP
- 61 %n51
- In external arrears
- 1 0/1n100
- ICRG-style sovereign band
- 8 1–10n83
Regulatory
38- Months since last RBZ/FX directive
- 21 monthsn72
- Investment-approval backlog
- 8 weeksn42
- FATF grey/black-list status
- 0 0/1/2n0
Counterparty
23- Banking-sector NPL ratio
- 6 %n15
- State-owned-enterprise share of economy
- 24 %n30
Liquidity
60- Equity-market turnover / market-cap
- 2 %n97
- Days to repatriate USD
- 33 daysn22
Political
42- Months to next national election
- 19 monthsn63
- ACLED conflict-events trend
- 13 indexn6
- Governance percentile
- 35 0–100n58
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