Broad rise in financial strength
The 6 capability groups of financial strength, taken together, rise half a band: the whole domain has stepped up, not one part of it.
Why it matters
A rise across a whole domain is what moves a nation up a tier.
Met when
The mean score of these 6 capability groups rises half a band (1.5 points).
- Monetary & Currency Capability
- Fiscal Capacity & Public Finance
- Financial System Depth & Access
- Financial Regulation & Integrity
- Financial Stability & Crisis Management
- Sovereign Capital & External Financial Power
Reverse stress test
Working backwards from this outcome to the scenarios and conditions most likely to produce it, nation by nation, over 10 years.
- Nations with a route
- 55
- of 197 · 10 reach the Frontier band
- Typical likelihood
- none
- median nation, over 10 years
- Leads most routes
- Chronic disease advance
- 40 of 55 nations
- Typical headroom
- ×4.4
- times Standard Severe, nearest single scenario
What produces it
Each nation’s most likely route, counted three ways: the scenario that does most of the work, the form the route takes, and the capability where a change would move the result most.
Lead scenario
Nations
Form of the route
Nations
Two scenarios together
One scenario at Extreme
42
13
Binding capability
Nations
Biotechnology & Health Technologies
Energy Technologies
Resource Infrastructure
Fiscal Capacity & Public Finance
Regulatory Governance & Strategic Controls
31
7
6
3
3
Likelihood, by region
One dot per nation. The bar marks each region’s mean. Further right is more likely.
- North America
- Europe
- China
- Indo-Pacific
- South Asia
- Gulf and Middle East
- Africa
- Latin America and Caribbean
- Russia and Eurasia
Most likely: Germany 6.0%, France 6.0%, Taiwan 5.9%, Sweden 5.9%, Spain 5.9%.
Who is in a position to take it?
Each nation’s score on this basket today against the likelihood of the outcome.
- North America
- Europe
- China
- Indo-Pacific
- South Asia
- Gulf and Middle East
- Africa
- Latin America and Caribbean
- Russia and Eurasia
All 197 nations
The route shown is the most likely one, and the basket column shows the band the nation would move to. A full band is the same fall for every nation: for a strong nation it is serious but leaves it well above where a weak nation starts. Where no route was found, the closest approach is the furthest any condition moved the basket, against the 1.5 points needed.
All 197 nations
197 of 197 nations
Rank | Nation | Region | Basket | Likelihood | 3 years | Most likely route | Headroom | Moves first | Lever |
|---|---|---|---|---|---|---|---|---|---|
| 2 | Germany | Europe | 16.9 Advanced → Frontier | 6.0% Likely | 1.8% | Clean power threshold Extreme | ×1.3 S15 | Financial System Depth & Access · reaches Frontier | Resource Infrastructure 13.5 |
| 1 | France | Europe | 16.7 Advanced → Frontier | 6.0% Likely | 1.8% | Chronic disease advance Extreme | ×1.4 S19 | Fiscal Capacity & Public Finance · reaches Frontier | Fiscal Capacity & Public Finance 16.5 |
| 5 | Taiwan | Indo-Pacific | 14.9 Established → Advanced | 5.9% Likely | 1.8% | Clean power threshold Extreme | ×1.5 S15 | Financial System Depth & Access | Resource Infrastructure 10 |
| 3 | Sweden | Europe | 16.3 Advanced → Advanced | 5.9% Likely | 1.8% | Clean power threshold Extreme | ×1.5 S15 | Financial System Depth & Access | Resource Infrastructure 10.8 |
| 6 | Spain | Europe | 14.2 Established → Advanced | 5.9% Likely | 1.8% | Clean power threshold Extreme | ×1.6 S15 | Financial System Depth & Access | Energy Technologies 12 |
| 4 | Finland | Europe | 15.4 Advanced → Advanced | 5.9% Likely | 1.8% | Chronic disease advance Extreme | ×1.6 S19 | Fiscal Capacity & Public Finance | Biotechnology & Health Technologies 13 |
| 7 | United Kingdom | Europe | 17.4 Advanced → Frontier | 4.3% Possible | 1.3% | Automated discovery step Major+Chronic disease advance Severe | ×1.2 S19 | Fiscal Capacity & Public Finance · reaches Frontier | Health System Capability 16.3 |
| 8 | South Korea | Indo-Pacific | 16.1 Advanced → Advanced | 4.1% Possible | 1.2% | Clean power threshold Extreme | ×1.3 S15 | Financial System Depth & Access | Resource Infrastructure 11.8 |
| 9 | United States | North America | 18.1 Frontier → Frontier | 3.8% Possible | 1.1% | Automated discovery step Major+Chronic disease advance Severe | ×1.2 S19 | Fiscal Capacity & Public Finance · reaches Frontier | Health System Capability 15.7 |
| 10 | Japan | Indo-Pacific | 17.0 Advanced → Frontier | 3.8% Possible | 1.1% | Clean power threshold Extreme | ×1.4 S15 | Financial System Depth & Access · reaches Frontier | Resource Infrastructure 11.8 |
| 11 | Netherlands | Europe | 16.5 Advanced → Frontier | 3.8% Possible | 1.1% | Chronic disease advance Extreme | ×1.5 S19 | Fiscal Capacity & Public Finance · reaches Frontier | Biotechnology & Health Technologies 16.6 |
| 12 | Canada | North America | 16.4 Advanced → Advanced | 3.8% Possible | 1.1% | Automated discovery step Major+Chronic disease advance Severe | ×1.2 S19 | Fiscal Capacity & Public Finance | Biotechnology & Health Technologies 15.8 |
| 13 | Switzerland | Europe | 17.1 Advanced → Frontier | 3.7% Possible | 1.1% | Chronic disease advance Extreme | ×1.6 S19 | Fiscal Capacity & Public Finance · reaches Frontier | Communications & Digital Infrastructure 15.9 |
| 14 | Belgium | Europe | 14.9 Established → Advanced | 3.7% Possible | 1.1% | Chronic disease advance Extreme | ×1.6 S19 | Fiscal Capacity & Public Finance | Regulatory Governance & Strategic Controls 14.3 |
| 15 | Australia | Indo-Pacific | 16.4 Advanced → Frontier | 3.0% Possible | 0.9% | Chronic disease advance Extreme | ×1.3 S19 | Fiscal Capacity & Public Finance · reaches Frontier | Biotechnology & Health Technologies 15.2 |
| 16 | Israel | Gulf and Middle East | 14.0 Established → Advanced | 3.0% Possible | 0.9% | Chronic disease advance Extreme | ×1.4 S19 | Fiscal Capacity & Public Finance | Fiscal Capacity & Public Finance 14.8 |
| 17 | Italy | Europe | 13.9 Established → Advanced | 1.5% Possible | 0.4% | Clean power threshold Extreme+Automated discovery step Major | ×1.6 S15 | Financial System Depth & Access | Energy Technologies 11.6 |
| 18 | Austria | Europe | 14.6 Established → Advanced | 1.5% Possible | 0.4% | Automated discovery step Major+Chronic disease advance Extreme | ×1.8 S19 | Fiscal Capacity & Public Finance | Biotechnology & Health Technologies 12.8 |
| 19 | Singapore | Indo-Pacific | 17.8 Advanced → Frontier | 1.3% Possible | 0.4% | Clean power threshold Extreme+Automated discovery step Major | ×1.8 S15 | Financial System Depth & Access · reaches Frontier | Resource Infrastructure 8.8 |
| 20 | China | China | 15.0 Established → Advanced | 1.1% Possible | 0.3% | Clean power threshold Extreme+Automated discovery step Major | ×1.6 S15 | Financial System Depth & Access | Technical & Vocational Skills 13 |
| 21 | Poland | Europe | 13.1 Established → Established | 1.1% Possible | 0.3% | Clean power threshold Extreme+Automated discovery step Major | ×1.8 S15 | Financial System Depth & Access | Energy Technologies 9.4 |
| 22 | Czechia | Europe | 12.8 Established → Established | 1.0% Unlikely | 0.1% | Clean power threshold Severe+Chronic disease advance Severe | ×1.8 S15 | Financial System Depth & Access | Energy Technologies 8 |
| 23 | Denmark | Europe | 15.6 Advanced → Advanced | 0.8% Unlikely | 0.2% | Chronic disease advance Extreme+Outbreak defence succeeds Major | ×1.6 S19 | Fiscal Capacity & Public Finance | Biotechnology & Health Technologies 15 |
| 24 | Ireland | Europe | 14.4 Established → Advanced | 0.8% Unlikely | 0.2% | Chronic disease advance Extreme+Outbreak defence succeeds Major | ×1.8 S19 | Fiscal Capacity & Public Finance | Biotechnology & Health Technologies 11 |
| 25 | Türkiye | Gulf and Middle East | 11.1 Transitional → Established | 0.8% Unlikely | 0.2% | Public service leap Major+Chronic disease advance Extreme | ×1.8 S19 | Fiscal Capacity & Public Finance | Biotechnology & Health Technologies 10.4 |
Showing 1–25 of 197 nations · page 1 of 8
Neighbouring outcomes
- Broad fall in financial strengthFailure outcome
- Loss of financial stabilityFailure outcome
- Deeper long-term financeProsperity outcome
A failure outcome is met when the basket falls a full band, which is three points. A prosperity outcome is met when the basket rises half a band, 1.5 points: in this model gains from a scenario are smaller and slower than losses, so the bar is set lower and the difference is stated.