Menu
03.02.2026

New country risk classifications from February 2026

Updated classifications for Armenia, Moldova and Oman

The 104th OECD Country Risk Experts meeting for the Europe & the C.I.S. and Middle East & North Africa regions took place at the end of January. At the meeting, SERV’s country experts, together with their colleagues from other export credit agencies, reassessed the country categories.

The following countries have been classified a new country risk category by the OECD Country Risk Experts Group:

CountryNew classificationPrevious classification
Armenia56
Moldova67
Senegal34

Further information and the full list of country risk classifications can be found on our website under cover policy for countries and banks.

New country risk classifications from February 2026