Large Declines Among B-grade Countries on the World Economics Governance Index

Over the past decade, many countries within the B-grade category have significantly declined on the World Economics Governance Index.

Largest Percentage Fall in B-grade Countries
Period: 2016-2026

Country	2016	2026	Decline
Tunisia	61.5	35.9	-25.6%
Georgia	63.7	46.4	-17.3%
Hong Kong	72.0	56.0	-16.0%
Hungary	64.3	53.8	-10.5%
Malta	76.0	65.6	-10.4%
Israel	74.7	65.1	-9.6%
Cyprus	75.5	67.5	-8.0%
Senegal	60.5	54.2	-6.3%
Poland	75.3	69.2	-6.1%
Slovak Republic	74.0	68.2	-5.8%
Namibia	69.0	63.7	-5.3%
Bhutan	67.8	62.6	-5.2%
Ghana	66.8	61.8	-5.0%
Suriname	64.6	60.7	-3.9%
Croatia	67.4	63.7	-3.7%

Country	2016	2026	Decline
Tunisia	61.5	35.9	-26%
Georgia	63.7	46.4	-17%
Hong Kong	72.0	56.0	-16%
Hungary	64.3	53.8	-11%
Malta	76.0	65.6	-10%
Israel	74.7	65.1	-10%
Cyprus	75.5	67.5	-8%
Senegal	60.5	54.2	-6%
Poland	75.3	69.2	-6%
Slovak Republic	74.0	68.2	-6%
Namibia	69.0	63.7	-5%
Bhutan	67.8	62.6	-5%
Ghana	66.8	61.8	-5%
Suriname	64.6	60.7	-4%
Croatia	67.4	63.7	-4%

Source: World Economics Governance Index, 2026

In the table above, Georgia, Hong Kong, Hungary and Senigal have since been demoted to C-grade. Tunisia has been downgraded further to D-grade.

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