Country stress by country
Every economy Bullrun holds a reading for: 107 in all, ranked highest first. Ukraine is the highest at 75 and Andorra the lowest at 8; the median is 38. Each row carries its own period and source, because these providers publish on different calendars - two rows in this table can be more than a year apart.
- Economies covered107
- Highest75 Ukraine
- Lowest8 Andorra
- Median38
Country stress by country, ranked
| # | Economy | Stress score | Band | Period | Source |
|---|---|---|---|---|---|
| 1 | Ukraine | 75 | Stretched | 2025 | Bullrun |
| 2 | Suriname | 69 | Stretched | 2025 | Bullrun |
| 3 | Lebanon | 66 | Stretched | 2025 | Bullrun |
| 4 | Romania | 66 | Stretched | 2026-07 | Bullrun |
| 5 | Bahamas | 59 | Elevated | 2025 | Bullrun |
| 6 | Bolivia | 58 | Elevated | 2025 | Bullrun |
| 7 | Iran | 58 | Elevated | 2025 | Bullrun |
| 8 | Jordan | 58 | Elevated | 2025 | Bullrun |
| 9 | Moldova | 57 | Elevated | 2025 | Bullrun |
| 10 | North Macedonia | 56 | Elevated | 2026-07 | Bullrun |
| 11 | Saudi Arabia | 55 | Elevated | 2026-08 | Bullrun |
| 12 | Bulgaria | 53 | Elevated | 2026-07 | Bullrun |
| 13 | Sudan | 53 | Elevated | 2025 | Bullrun |
| 14 | Egypt | 52 | Elevated | 2025 | Bullrun |
| 15 | Fiji | 52 | Elevated | 2025 | Bullrun |
| 16 | Mauritius | 52 | Elevated | 2025 | Bullrun |
| 17 | Slovakia | 52 | Elevated | 2026-07 | Bullrun |
| 18 | Tunisia | 50 | Elevated | 2025 | Bullrun |
| 19 | Brazil | 48 | Elevated | 2026-08 | Bullrun |
| 20 | Colombia | 48 | Elevated | 2026-08 | Bullrun |
| 21 | Argentina | 47 | Elevated | 2026-08 | Bullrun |
| 22 | Armenia | 47 | Elevated | 2025 | Bullrun |
| 23 | Latvia | 47 | Elevated | 2026-08 | Bullrun |
| 24 | Kazakhstan | 46 | Elevated | 2025 | Bullrun |
| 25 | New Zealand | 46 | Elevated | 2026-Q2 | Bullrun |
| 26 | Chile | 45 | Elevated | 2026-08 | Bullrun |
| 27 | Panama | 45 | Elevated | 2025 | Bullrun |
| 28 | Australia | 44 | Watch | 2026-07 | Bullrun |
| 29 | Belgium | 44 | Watch | 2026-08 | Bullrun |
| 30 | Bhutan | 44 | Watch | 2025 | Bullrun |
| 31 | Bosnia and Herz. | 44 | Watch | 2026-06 | Bullrun |
| 32 | Canada | 43 | Watch | 2026-08 | Bullrun |
| 33 | Mongolia | 43 | Watch | 2025 | Bullrun |
| 34 | Iceland | 42 | Watch | 2026-08 | Bullrun |
| 35 | India | 42 | Watch | 2026-07 | Bullrun |
| 36 | Kyrgyzstan | 42 | Watch | 2025 | Bullrun |
| 37 | China | 41 | Watch | 2026-08 | Bullrun |
| 38 | Costa Rica | 41 | Watch | 2026-08 | Bullrun |
| 39 | France | 41 | Watch | 2026-08 | Bullrun |
| 40 | Russia | 41 | Watch | 2026-Q2 | Bullrun |
| 41 | United States | 40 | Watch | 2026-08 | Bullrun |
| 42 | Uruguay | 40 | Watch | 2025 | Bullrun |
| 43 | Uzbekistan | 40 | Watch | 2025 | Bullrun |
| 44 | Bahrain | 39 | Watch | 2025 | Bullrun |
| 45 | Barbados | 39 | Watch | 2025 | Bullrun |
| 46 | Dominican Rep. | 39 | Watch | 2025 | Bullrun |
| 47 | Georgia | 39 | Watch | 2025 | Bullrun |
| 48 | Hong Kong | 39 | Watch | 2026-Q1 | Bullrun |
| 49 | United Kingdom | 39 | Watch | 2026-07 | Bullrun |
| 50 | Cyprus | 38 | Watch | 2026-07 | Bullrun |
| 51 | El Salvador | 38 | Watch | 2025 | Bullrun |
| 52 | Finland | 38 | Watch | 2026-08 | Bullrun |
| 53 | Israel | 38 | Watch | 2026-08 | Bullrun |
| 54 | Japan | 38 | Watch | 2026-08 | Bullrun |
| 55 | Mexico | 38 | Watch | 2026-08 | Bullrun |
| 56 | Morocco | 38 | Watch | 2026-Q1 | Bullrun |
| 57 | Serbia | 38 | Watch | 2026-Q1 | Bullrun |
| 58 | South Africa | 38 | Watch | 2026-07 | Bullrun |
| 59 | Sri Lanka | 38 | Watch | 2025 | Bullrun |
| 60 | Croatia | 37 | Watch | 2026-07 | Bullrun |
| 61 | Czechia | 37 | Watch | 2026-08 | Bullrun |
| 62 | Greece | 37 | Watch | 2026-08 | Bullrun |
| 63 | Philippines | 37 | Watch | 2026-Q1 | Bullrun |
| 64 | Estonia | 36 | Watch | 2026-08 | Bullrun |
| 65 | Lithuania | 36 | Watch | 2026-08 | Bullrun |
| 66 | Pakistan | 36 | Watch | 2025 | Bullrun |
| 67 | Paraguay | 36 | Watch | 2025 | Bullrun |
| 68 | Trinidad and Tobago | 36 | Watch | 2025 | Bullrun |
| 69 | Brunei | 35 | Watch | 2025 | Bullrun |
| 70 | Spain | 35 | Watch | 2026-08 | Bullrun |
| 71 | Turkey | 35 | Watch | 2026-08 | Bullrun |
| 72 | Austria | 33 | Watch | 2026-08 | Bullrun |
| 73 | Indonesia | 33 | Watch | 2026-08 | Bullrun |
| 74 | Euro Area | 32 | Watch | 2026-08 | Bullrun |
| 75 | Honduras | 32 | Watch | 2025 | Bullrun |
| 76 | Norway | 32 | Watch | 2026-08 | Bullrun |
| 77 | Portugal | 32 | Watch | 2026-08 | Bullrun |
| 78 | Seychelles | 32 | Watch | 2025 | Bullrun |
| 79 | Belarus | 31 | Watch | 2025 | Bullrun |
| 80 | Italy | 31 | Watch | 2026-08 | Bullrun |
| 81 | Poland | 31 | Watch | 2026-08 | Bullrun |
| 82 | Switzerland | 31 | Watch | 2026-08 | Bullrun |
| 83 | Belize | 30 | Watch | 2025 | Bullrun |
| 84 | Hungary | 30 | Watch | 2026-08 | Bullrun |
| 85 | Luxembourg | 30 | Watch | 2026-08 | Bullrun |
| 86 | Thailand | 30 | Watch | 2026-Q1 | Bullrun |
| 87 | Malaysia | 29 | Calm | 2026-Q1 | Bullrun |
| 88 | Sweden | 29 | Calm | 2026-08 | Bullrun |
| 89 | Azerbaijan | 27 | Calm | 2025 | Bullrun |
| 90 | San Marino | 27 | Calm | 2025 | Bullrun |
| 91 | South Korea | 27 | Calm | 2026-08 | Bullrun |
| 92 | Albania | 26 | Calm | 2025 | Bullrun |
| 93 | Jamaica | 26 | Calm | 2025 | Bullrun |
| 94 | Ireland | 25 | Calm | 2026-08 | Bullrun |
| 95 | Peru | 25 | Calm | 2026-Q1 | Bullrun |
| 96 | Germany | 24 | Calm | 2026-08 | Bullrun |
| 97 | Netherlands | 24 | Calm | 2026-08 | Bullrun |
| 98 | Ecuador | 22 | Calm | 2025 | Bullrun |
| 99 | Denmark | 21 | Calm | 2026-08 | Bullrun |
| 100 | Slovenia | 21 | Calm | 2026-08 | Bullrun |
| 101 | Cabo Verde | 20 | Calm | 2025 | Bullrun |
| 102 | Malta | 20 | Calm | 2026-07 | Bullrun |
| 103 | Singapore | 18 | Very calm | 2026-Q1 | Bullrun |
| 104 | Vietnam | 13 | Very calm | 2025 | Bullrun |
| 105 | Nicaragua | 12 | Very calm | 2025 | Bullrun |
| 106 | Andorra | 8 | Very calm | 2025 | Bullrun |
| 107 | Aruba | 8 | Very calm | 2025 | Bullrun |
How the scale reads
| Band | What it means | Economies |
|---|---|---|
| < 20 | Very calm | 5 |
| 20 to 30 | Calm | 16 |
| 30 to 45 | Watch | 59 |
| 45 to 60 | Elevated | 23 |
| 60+ | Stretched | 4 |
These are the same bands that shade the map on the Global Markets dashboard, so a country's colour there and its band here always agree.
What this measures
Six pillars - labour, housing, credit, fiscal, external and cycle - each scored 0 to 100 and averaged, for the 107 economies covered by at least four of them. An economy covering fewer than four is left unscored rather than scored low, because thin coverage otherwise reads as a calm economy. Higher is more stretched. Every economy here has a page of its own showing the pillar breakdown, including which readings were too stale to count.
Source: Bullrun six-pillar composite, built from OECD, BIS, IMF and World Bank releases. Coverage differs from metric to metric because these providers cover different sets of economies, and a gap is left as a gap rather than filled from a proxy - an absent economy is one we hold no reading for, never a zero. See the data license.
Other metrics by country
Global markets dashboard · Every economy scored · Screen stocks by country