ECGC Country Rating
ECGC country rating or country risks classification is a system that categorizes countries based on their economic and political stability, as well as their creditworthiness.
The ECGC Country Rating system consists of seven categories, ranging from Category A1, which includes countries with a very low risk of non-payment, to Category D, which includes countries with a very high risk of non-payment.
Under the ECGC country rating countries are placed under Open Cover Countries, Restricted Cover Country Type 1 and Restricted Cover Country Type 2.
The ECGC Country Rating, also known as ECGC country classification, is a model that evaluates various factors including political, economic, social, and environmental aspects. This rating is periodically revised and is an essential tool for exporters and lenders to assess the risks involved in conducting business in different countries. With the help of this rating, they can make informed decisions about their international trade activities.
Country Classification
The countries listed in A1 are considered to pose an Insignificant Risk.
The countries listed in A2 are considered to pose a Low Risk.
The countries listed in B1 are considered to pose a Moderate Low Risk.
The countries listed in B2 are considered to pose a Moderately Risk.
The countries listed in C1 are considered to pose a Moderately High Risk.
The countries listed in C2 are considered to pose a High Risk.
The countries listed in D are considered to pose a Very High Risk.
Latest ECGC Country Rating (w.e.f 12/05/2025)
| देश / Country Name | Country Rating | Country Category |
|---|---|---|
| अ"ािनया / Albania | A2 | Open Cover Country |
| अ'ी)रया / Algeria | B1 | Open Cover Country |
| अमे)रकन समोआ (स.रा.अ.) / American Samoa (USA) | A1 | Open Cover Country |
| एंडोरा / Andorra | A1 | Open Cover Country |
| अंगोला / Angola | B2 | Open Cover Country |
| एंगुइला (यूके) / Anguilla (UK) | A1 | Open Cover Country |
| आमTिनया / Armenia | B1 | Open Cover Country |
| अVबा / Aruba | A1 | Open Cover Country |
| ऑ=े> िलया / Australia | A1 | Open Cover Country |
| ऑ?=> या / Austria | A2 | Open Cover Country |
| आज़रबाइजान / Azerbaijan | A2 | Open Cover Country |
| बहामास / Bahamas | B1 | Open Cover Country |
| बहरीन / Bahrain | A2 | Open Cover Country |
| बांCादेश / Bangladesh | B2 | Open Cover Country |
| बारबाडोस / Barbados | B2 | Open Cover Country |
| बे?'यम / Belgium | A2 | Open Cover Country |
| बेलीज / Belize | B1 | Open Cover Country |
| बेिनन / Benin | B2 | Open Cover Country |
| बरमूडा (यूके) / Bermuda (UK) | A1 | Open Cover Country |
| भूटान / Bhutan | B1 | Open Cover Country |
| बोलीिवया / Bolivia | C1 | Open Cover Country |
| बोनैर, सKट युसटेिसयस और सबा (नीदरलMड) / Bonaire, St. Eustatius and Saba (Netherlands) | A1 | Open Cover Country |
| बोिNया और हजOगोिवना / Bosnia and Herzegovina | B2 | Open Cover Country |
| बोPवाना / Botswana | A2 | Open Cover Country |
| Qाजील / Brazil | A2 | Open Cover Country |
| िQिटश Rशांत (िपटकेनU) आइलKड /British Pacific (Pitcairn) Islands | A1 | Open Cover Country |
| िQिटश विजUन आइलैV्स(यूके)/British Virgin Islands (UK) | A1 | Open Cover Country |
| Qुनेई / Brunei | A2 | Open Cover Country |
| बुYा)रया / Bulgaria | A2 | Open Cover Country |
| कंबोिडया / Cambodia | A2 | Open Cover Country |
| कनाडा / Canada | A2 | Open Cover Country |
| कैनरी आइलKडस (Zेन) / Canary Islands (Spain) | A2 | Open Cover Country |
| केप वडU / Cape Verde | B2 | Open Cover Country |
| केमैन आइलMड्स (िQटेन) / Cayman Islands (UK) | A1 | Open Cover Country |
| चैनल आइ\ (यूके) / Channel Isles (UK) | A1 | Open Cover Country |
| िचली / Chile | A2 | Open Cover Country |
| चीन / China | A2 | Open Cover Country |
| ि]समस आइलKडस (ऑ=े> िलया) / Christmas Island (Australia) | A1 | Open Cover Country |
| कोकोस / कीिलंग आइलKड (ऑ=े> िलया) / Cocos/Keeling Island (Australia) | A1 | Open Cover Country |
| कोल?^या / Colombia | B1 | Open Cover Country |
| कुक आइलKडस (_ूजीलMड) / Cook Islands (New Zealand) | A2 | Open Cover Country |
| को=ा )रका / Costa Rica | B1 | Open Cover Country |
| कोट डी आइवर / Cote D’Ivoire | B1 | Open Cover Country |
| ]ोएिशया / Croatia | A2 | Open Cover Country |
| `ूबा / Cuba | B1 | Open Cover Country |
| कुरासाओ (नीदरलMड) / Curacao (Netherlands) | A1 | Open Cover Country |
| साइRस / Cyprus | A2 | Open Cover Country |
| चेक गणराc / Czech Republic | A1 | Open Cover Country |
| डेनमाकU / Denmark | A1 | Open Cover Country |
| डोिमिनका / Dominica | C1 | Open Cover Country |
| डोिमिनकन गणराc / Dominican Republic | B1 | Open Cover Country |
| इdेडोर / Ecuador | C1 | Open Cover Country |
| ईdेटोरीयल िगनी / Equatorial Guinea | C1 | Open Cover Country |
| एeोिनया / Estonia | A1 | Open Cover Country |
| इfाितनी / Eswatini | C1 | Open Cover Country |
| फ़ॉकलMड आइलKडस (यूके) / Falkland Islands (UK) | A1 | Open Cover Country |
| फैरो आइलKडस (डेनमाकU ) / Faroe Islands (Denmark) | A1 | Open Cover Country |
| िफ़जी / Fiji | B1 | Open Cover Country |
| िफनलMड / Finland | A2 | Open Cover Country |
| kांस / France | A1 | Open Cover Country |
| kKच गयाना (kांस) / French Guiana (France) | A1 | Open Cover Country |
| kKच पोिलनेिशया (kांस) / French Polynesia (France) | A1 | Open Cover Country |
| kKच दिlण अटलांिटक Rदेशों (kांस) / French South Atlantic Territories (France) | A1 | Open Cover Country |
| गा?^या / Gambia | C1 | Open Cover Country |
| जॉिजUया / Georgia | B1 | Open Cover Country |
| जमUनी / Germany | A1 | Open Cover Country |
| िजQाmर (यूके) / Gibraltar (UK) | A1 | Open Cover Country |
| nीस / Greece | B1 | Open Cover Country |
| nीनलMड / Greenland | A1 | Open Cover Country |
| oाडेलोप (kांस) / Guadeloupe (France) | A1 | Open Cover Country |
| गुआम (स.रा.अ.) / Guam (US) | A1 | Open Cover Country |
| oाटेमाला / Guatemala | B1 | Open Cover Country |
| गुयाना / Guyana | A2 | Open Cover Country |
| हडU आइलMड और मैकडोनाp आइलKडस (ऑ=े> िलया) / Heard Island and McDonald Island (Australia) | A1 | Open Cover Country |
| होंडुरस / Honduras | B2 | Open Cover Country |
| हांग कांग (चीन का िविशq Rशासकीय lेr) / Hong Kong (Sp. Ad. Region of China) | A2 | Open Cover Country |
| हंगरी / Hungary | A2 | Open Cover Country |
| आइसलMड / Iceland | A1 | Open Cover Country |
| भारत / India | A1 | Open Cover Country |
| इंडोनेिशया / Indonesia | A2 | Open Cover Country |
| आयरलMड / Ireland | A1 | Open Cover Country |
| इजराइल / Israel | B2 | Open Cover Country |
| इटली / Italy | A2 | Open Cover Country |
| जमैका / Jamaica | A2 | Open Cover Country |
| जापान / Japan | A1 | Open Cover Country |
| जॉडUन / Jordan | B2 | Open Cover Country |
| कजाखeान / Kazakhstan | B1 | Open Cover Country |
| कीिनया / Kenya | C1 | Open Cover Country |
| िक)रबाती / Kiribati | C1 | Open Cover Country |
| कुवैत / Kuwait | A2 | Open Cover Country |
| िकिगUज़eान / Kyrgyzstan | B1 | Open Cover Country |
| लातिवया / Latvia | A2 | Open Cover Country |
| लेसोथो / Lesotho | B2 | Open Cover Country |
| िलकटK=ीन / Liechtenstein | A2 | Open Cover Country |
| िलथुआिनया / Lithuania | A2 | Open Cover Country |
| लuमबगU / Luxembourg | A1 | Open Cover Country |
| मकाऊ / Macao | A2 | Open Cover Country |
| मेडागाwर / Madagascar | B2 | Open Cover Country |
| मलेिशया / Malaysia | A2 | Open Cover Country |
| मालदीव / Maldives | C1 | Open Cover Country |
| माmा / Malta | A1 | Open Cover Country |
| माटTिनक (kांस) / Martinique (France) | A1 | Open Cover Country |
| मॉ)रटािनया / Mauritania | C1 | Open Cover Country |
| मॉरीशस / Mauritius | B2 | Open Cover Country |
| मैयट (kांस) / Mayotte (France) | A1 | Open Cover Country |
| मे?xको / Mexico | A2 | Open Cover Country |
| माइ]ोनेिशया / Micronesia | B1 | Open Cover Country |
| मॉpोवा / Moldova | C1 | Open Cover Country |
| मोनाको / Monaco | A1 | Open Cover Country |
| मंगोिलया / Mongolia | C1 | Open Cover Country |
| मोंटेनेnो / Montenegro | B1 | Open Cover Country |
| मोंटसेराट (यूके) / Montserrat (UK) | A1 | Open Cover Country |
| मोरyो / Morocco | B1 | Open Cover Country |
| नामीिबया / Namibia | B1 | Open Cover Country |
| नौV / Nauru | B1 | Open Cover Country |
| नेपाल / Nepal | B1 | Open Cover Country |
| नीदरलMड / Netherlands | A1 | Open Cover Country |
| _ू कैलेडोिनया (kांस) / New Caledonia (France) | A1 | Open Cover Country |
| _ूज़ीलMड / New Zealand | A2 | Open Cover Country |
| िनकारागुआ / Nicaragua | B2 | Open Cover Country |
| नाइजी)रया / Nigeria | B2 | Open Cover Country |
| िनयू आइलMड (!ूजील&ड) / Niue Island (New Zealand) | A2 | Open Cover Country |
| नारफोक आइलKडस (ऑ=े> िलया) / Norfolk Island (Australia) | A1 | Open Cover Country |
| उ|री मैसेडोिनया/ North Macedonia (भूतपूवU मैसेडोिनया / Erstwhile Macedonia) | B1 | Open Cover Country |
| उ|री मा)रयाना आइलKड (यूएसए) / Northern Mariana Islands (USA) | A1 | Open Cover Country |
| नॉवO / Norway | A1 | Open Cover Country |
| ओमान / Oman | A2 | Open Cover Country |
| पलाऊ (यूएसए) / Palau (USA) | A1 | Open Cover Country |
| पनामा / Panama | B1 | Open Cover Country |
| पापुआ _ू िगनी / Papua New Guinea | C1 | Open Cover Country |
| परागुआ / Paraguay | A2 | Open Cover Country |
| पेV / Peru | B1 | Open Cover Country |
| िफलीपींस / Philippines | A2 | Open Cover Country |
| पोलMड / Poland | A1 | Open Cover Country |
| पुतUगाल / Portugal | A2 | Open Cover Country |
| पोट} )रको (यूएसए) / Puerto Rico (USA) | A1 | Open Cover Country |
| कतर / Qatar | A2 | Open Cover Country |
| रीयूिनयन आइलKडस (kांस) / Reunion Islands (France) | A1 | Open Cover Country |
| रोमािनया / Romania | A2 | Open Cover Country |
| रवांडा / Rwanda | B2 | Open Cover Country |
| समोआ / Samoa | C1 | Open Cover Country |
| सैन मै)रनो (इटली) / San Marino (Italy) | A2 | Open Cover Country |
| सऊदी अरब / Saudi Arabia | A2 | Open Cover Country |
| सेनेगल / Senegal | B2 | Open Cover Country |
| सिबUया / Serbia | B1 | Open Cover Country |
| सेशे\ / Seychelles | B1 | Open Cover Country |
| िसंगापुर / Singapore | A1 | Open Cover Country |
| िसंट मािटUन (नीदरलMड ) / Sint Maarten (Netherlands) | A1 | Open Cover Country |
| ~ोवािकया / Slovakia | A1 | Open Cover Country |
| ~ोवेिनया / Slovenia | A2 | Open Cover Country |
| सोलोमन आइलKडस / Solomon Islands | B2 | Open Cover Country |
| दिlण अkीका / South Africa | B1 | Open Cover Country |
| दिlण को)रया / South Korea | A1 | Open Cover Country |
| Zेन / Spain | A2 | Open Cover Country |
| सKट ि]=ोफर और नेिवस / St. Christopher and Nevis | B1 | Open Cover Country |
| सKट हेलेना एवं एसKशन (यूके) / St. Helena and Ascension (UK) | A1 | Open Cover Country |
| सKट लुिशया / St. Lucia | B1 | Open Cover Country |
| सKट िपयरे एवं िमकेलॉन (kांस) / St. Pierre and Miquelon (France) | A1 | Open Cover Country |
| सKट िवंसKट और nेनेडाइंस / St. Vincent and the Grenadines | C1 | Open Cover Country |
| सूरीनाम / Suriname | B1 | Open Cover Country |
| fीडन / Sweden | A2 | Open Cover Country |
| ?fट्जरलMड / Switzerland | A1 | Open Cover Country |
| ताइवान / Taiwan | A2 | Open Cover Country |
| तंजािनया / Tanzania | B1 | Open Cover Country |
| थाईलMड / Thailand | A2 | Open Cover Country |
| ितमोर लेeे / Timor Leste | B1 | Open Cover Country |
| टोगो / Togo | B2 | Open Cover Country |
| टोिकएलु (_ूजीलMड) / Tokealu (New Zealand) | A2 | Open Cover Country |
| टोंगा / Tonga | C1 | Open Cover Country |
| िrिनदाद और टोबैगो / Trinidad and Tobago | B1 | Open Cover Country |
| तुकT / Turkey | B1 | Open Cover Country |
| तुकU मेिनeान / Turkmenistan | B1 | Open Cover Country |
| तुकU और कैकोस (यूके) / Turks and Caicos (UK) | A1 | Open Cover Country |
| तुवालु / Tuvalu | C1 | Open Cover Country |
| युगांडा / Uganda | B2 | Open Cover Country |
| संयुá राc अमीरात / United Arab Emirates | A2 | Open Cover Country |
| यूनाइटेड िकंगडम / United Kingdom | A1 | Open Cover Country |
| संयुá राc अमरीका / United States of America | A1 | Open Cover Country |
| उÄoे / Uruguay | A2 | Open Cover Country |
| यूएस माइनर आउटलाइंग आईलMड्स / US Minor outlying Islands | A1 | Open Cover Country |
| यूएस विजUन आइलKडस / US Virgin Islands | A1 | Open Cover Country |
| उÅबेिकeान / Uzbekistan | B1 | Open Cover Country |
| वानुअतु / Vanuatu | C1 | Open Cover Country |
| वेिटकन िसटी / Vatican City | A2 | Open Cover Country |
| िवयतनाम / Vietnam | A2 | Open Cover Country |
| वािलस और Çयूचूना (kांस) / Wallis and Futuna (France) | A1 | Open Cover Country |
| एंिटगुया और बाबूUडा / Antigua and Barbuda | C2 | Restricted Cover Country group I |
| अजÉटीना / Argentina | C1 | Restricted Cover Country group I |
| बेलोVस / Belarus | C1 | Restricted Cover Country group I |
| बुिकU ना फासो / Burkina Faso | C2 | Restricted Cover Country group I |
| चाड / Chad | C2 | Restricted Cover Country group I |
| कोमोरोस / Comoros | C1 | Restricted Cover Country group I |
| Rजातांिrक कांगो गणराc / Democratic Republic of Congo | C1 | Restricted Cover Country group I |
| िजबूती / Djibouti | C2 | Restricted Cover Country group I |
| िमÑ / Egypt | C1 | Restricted Cover Country group I |
| अल साÖाडोर / El Salvador | C2 | Restricted Cover Country group I |
| गैबॉन / Gabon | C1 | Restricted Cover Country group I |
| घाना / Ghana | C2 | Restricted Cover Country group I |
| nेनाडा / Grenada | C2 | Restricted Cover Country group I |
| िगनी / Guinea | C1 | Restricted Cover Country group I |
| ईरान / Iran* | C2 | Restricted Cover Country group I |
| ईराक / Iraq | C2 | Restricted Cover Country group I |
| लाओस / Laos | C2 | Restricted Cover Country group I |
| लाइबे)रया / Liberia | C1 | Restricted Cover Country group I |
| लीिबया / Libya | C1 | Restricted Cover Country group I |
| माशUल आइलMड्स / Marshall Islands | C1 | Restricted Cover Country group I |
| áांमार / Myanmar | C2 | Restricted Cover Country group I |
| Vस / Russia | C1 | Restricted Cover Country group I |
| िसयरा िलओन / Sierra Leone | C2 | Restricted Cover Country group I |
| àीलंका / Sri Lanka | C2 | Restricted Cover Country group I |
| तजािकeान / Tajikistan | C1 | Restricted Cover Country group I |
| âूनीिशया / Tunisia | C2 | Restricted Cover Country group I |
| यू]ेन / Ukraine | C2 | Restricted Cover Country group I |
| अफ़ग़ािनeान / Afghanistan | D | Restricted Cover Country group II |
| बुÄंडी / Burundi | D | Restricted Cover Country group II |
| कैमVन / Cameroon | D | Restricted Cover Country group II |
| मã अåीकन गणराc / Central African Republic | D | Restricted Cover Country group II |
| कांगो गणराc / Congo Republic | D | Restricted Cover Country group II |
| इ)रिट> या / Eritrea | D | Restricted Cover Country group II |
| इिथयोिपया / Ethiopia | D | Restricted Cover Country group II |
| िगनी िबसाऊ / Guinea Bissau | D | Restricted Cover Country group II |
| हैती / Haiti | D | Restricted Cover Country group II |
| उ|री को)रया / North Korea | D | Restricted Cover Country group II |
| लेबनान / Lebanon | D | Restricted Cover Country group II |
| मलावी / Malawi | D | Restricted Cover Country group II |
| माली / Mali | D | Restricted Cover Country group II |
| मोजा?^क / Mozambique | C2 | Restricted Cover Country group II |
| नाइजर / Niger | D | Restricted Cover Country group II |
| पैले=ाइन / Palestine | D | Restricted Cover Country group II |
| साओ टोम एंड िRंसीपी / Sao Tome & Principe | D | Restricted Cover Country group II |
| सोमािलया / Somalia | D | Restricted Cover Country group II |
| साउथ सुडान / South Sudan | D | Restricted Cover Country group II |
| सूडान / Sudan | D | Restricted Cover Country group II |
| सी)रया / Syria | C2 | Restricted Cover Country group II |
| वेनेजुएला / Venezuela | C2 | Restricted Cover Country group II |
| यमन / Yemen | D | Restricted Cover Country group II |
| जा?^या / Zambia | C2 | Restricted Cover Country group II |
| िज^ाçे / Zimbabwe | D | Restricted Cover Country group II |
| पािकeान / Pakistan* | C2 - Off Cover | Off Cover - ST cover stands withdrawn effective from 12.05.2025 |