country risk
noun[UorC]
ukusECONOMICS,FINANCE
thelevelofriskconnectedwith doingbusinesswith anothercountry,relatingto whether thatcountrywill beabletopaybackloansorpayforimports:
Thisguidegivescountryriskratingsforfinancial,politicaland macroeconomicriskfor 140countriesworldwide.
Themainconsequencesof a highcountryriskare adropinforeigninvestmentandlowereconomicgrowth.