Armenia 69
Azerbaijan 78
Georgia 76
Turkey 54
Russia 57
Sweden 5
UK 16

Sources: euromoney.com, cba.am
* Rank out of 100 countries, measured by six categories: political risk (30%), economic performance (30%) and structural assessment (10%), dept indicators (10%), credit ratings (10%)  and access to bank finance/ capital markets (10%).

Country risk assessment* – 2011