Updated in January 2025.
Policy shakeups
AA1
LOW RISK for enterprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
GDP | USD 27360.9bn (World ranking 1, World Bank 2023) |
Population | 334.9mn (World ranking 3, World Bank 2023) |
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Strengths & Weaknesses

- World’s largest economy
- Effective governmental checks and balances
- High per capita GDP
- Reserve currency
- Large oil and gas reserves
- Diverse GDP
- Strong underlying productivity growth

- Increasing political polarization and unpredictability of policymaking
- High public debt that will continue to rise without major fiscal tightening
- Prone to social disruption and unres
- Shortages of labor an obstacle to re-industrialization drive
Economic Overview
Trade Structure by destination/origin
(% of total, 2023)
Exports | Rank | Imports | ||
Canada 17.5% | ![]() |
1 | ![]() |
Mexico 15.2% |
Mexico 16.0% | ![]() |
2 | ![]() |
China 14.1% |
China 7.3% | ![]() |
3 | ![]() |
Canada 13.6% |
Netherlands 4.1% | ![]() |
4 | ![]() |
Germany 5.1% |
Germany 3.8% | ![]() |
5 | ![]() |
Japan 4.8% |
Trade Structure by product
(% of total, annual 2023)
Exports | Rank | Imports |
Petroleum, petroleum products and related materials 11.8% |
1 | 11.8% Road vehicles |
Road vehicles 7.3% |
2 | 9.0% Electrical machinery, apparatus and appliances, n.e.s. |
Electrical machinery, apparatus and appliances, n.e.s. 7.3% |
3 | 7.8% Petroleum, petroleum products and related materials |
Medicinal and pharmaceutical products 4.6% |
4 | 5.8% Medicinal and pharmaceutical products |
Other industrial machinery and parts 4.2% |
5 | 5.5% Telecommunication and sound recording apparatus |
Collection Complexity
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
Contacts
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