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

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: 2015-2025

Country	2015	2025	Decline
El Salvador	59.4	40.4	-19.0%
Serbia	59.4	44.9	-14.4%
Lesotho	58.8	46.0	-12.8%
Tunisia	58.4	45.5	-12.8%
Benin	55.4	43.3	-12.1%
Peru	53.6	42.5	-11.1%
UAE	54.7	43.8	-10.9%
India	57.0	48.1	-8.8%
Ghana	70.5	59.7	-10.8%
Hungary	66.1	56.1	-10.0%
Georgia	61.5	52.0	-9.5%
Mongolia	60.9	52.2	-8.8%
Botswana	69.1	60.6	-8.5%
Senegal	61.1	53.5	-7.6%
Bhutan	67.3	59.8	-7.5%

Country	2015	2020	2025
El Salvador	59.4	40.4	-19%
Serbia	59.4	44.9	-14%
Lesotho	58.8	46.0	-13%
Tunisia	58.4	45.5	-13%
Benin	55.4	43.3	-12%
Peru	53.6	42.5	-11%
UAE	54.7	43.8	-11%
India	57.0	48.1	-9%
Ghana	70.5	59.7	-11%
Hungary	66.1	56.1	-10%
Georgia	61.5	52.0	-9%
Mongolia	60.9	52.2	-9%
Botswana	69.1	60.6	-9%
Senegal	61.1	53.5	-8%
Bhutan	67.3	59.8	-8%

Source: World Economics Governance Index, 2025

In the table above, El Salvador, Peru, Serbia, Lesotho, Tunisia, Benin, the UAE, India, Georgia and Mongolia have since been demoted to C-grade.

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