New Global Resilience Ranking Has Bad News for One Part of the U.S.
The latest ranking of global resilience has ranked 130 countries on key indicators of top concern to the private sector. Where does your region fall?
FM Global’s interactive online 2023 Resilience Index is now available. Designed to help businesses with strategic decision-making, the index ranks countries on 15 measures within the areas of economy, risk quality and supply chain. The top 10 countries:
The bottom three: 128. Ethiopia (128), Venezuela (129) and Haiti (130).
United States Region 2 (West) received an overall rank of 14. While it received the same scores (out of 100%) in Supply Chain (84.3%) and Economic Resilience (82.6%), it fell behind in Risk Quality, which measures seismic risk exposure, climate risk exposure, climate risk quality, fire risk quality and cyber risk quality.
Elsewhere in the world, the Dominican Republic saw the biggest rise, from 99 to 95, based on improvements to its climate risk quality. On the other end of the spectrum was Lebanon, which dropped from 101 to 106 partly due to lesser healthcare spending.
Click here to view the Index and learn more about your region’s biggest risk areas.