Moldova Solvency Ranks 112th among 142 States
OREANDA-NEWS. February 26, 2013. Moldova’s solvency ranks the 112th among 142 states in the Global Competitiveness Report, - World Economic Forum.
Moldova’s solvency garnered 26.5 points of 100 possible in the Global Competitiveness Report 2012–2013. States were measured on 1 to 100 point scale depending on their ability to sink loans. The more points the higher credit default risks.
The best credit status was recorded in Norway (94.8 points), Canada (93.1), Sweden (92.9), Finland (92.5), Singapore (92.4), Luxemburg (91.6), the Netherlands (90.8), Germany (89.8), and Australia (89.7). The worst solvency was recorded in Zimbabwe, which was the 142nd with 5.3 points.
Moldova was left behind by most CIS states: Russia was the 39th (66.9points), Kazakhstan was the 57th (55), Azerbaijan was the 70th (49.8), Armenia ranked the 89th (35.9), Ukraine was the 94th (34.3 points). The least solvent CIS states were Kyrgyzstan (115th with 24.5 points) and Tajikistan (134th with 17.9 points). Romania was the 71st with 48.8 points and Bulgaria ranked the 67th with 51.8 points.
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