Country Risk Index · ZAF

South Africa

Southern Africa · May 2026 snapshot

11/ 100 CRI
Contained

Peer rank #9 of 10

MoM -5.2

CRI trend

Apr 2026 · May 2026

Price political-risk cover →View JSON (embed)

Pillar scores

Currency (20%)
4
Sovereign (20%)
21
Regulatory (15%)
8
Counterparty (15%)
10
Liquidity (15%)
1
Political (15%)
22

Indicator inputs


Currency

4
Parallel-vs-official FX premium
0 %n0
12-month local-currency depreciation
10 %n8
Inflation (YoY)
5 %n4

Sovereign

21
External debt / GDP
45 %n31
In external arrears
0 0/1n0
ICRG-style sovereign band
5 1–10n33

Regulatory

8
Months since last RBZ/FX directive
61 monthsn17
Investment-approval backlog
4 weeksn8
FATF grey/black-list status
0 0/1/2n0

Counterparty

10
Banking-sector NPL ratio
4 %n0
State-owned-enterprise share of economy
22 %n20

Liquidity

1
Equity-market turnover / market-cap
39 %n0
Days to repatriate USD
7 daysn2

Political

22
Months to next national election
29 monthsn31
ACLED conflict-events trend
22 indexn17
Governance percentile
59 0–100n19

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