| Country Credit | ICRG* | |
| Country | Mar 85-Mar 95 | Jan 85-Jun 95 |
| Argentina | 25.2 | 62.8 |
| Australia | 73.0 | 80.3 |
| Austria | 83.9 | 86.4 |
| Belgium | 77.7 | 79.5 |
| Brazil | 29.6 | 65.4 |
| Canada | 84.7 | 82.5 |
| Chile | 36.2 | 59.6 |
| China | 60.4 | |
| Colombia | 39.4 | 57.9 |
| Denmark | 73.6 | 85.3 |
| Finland | 75.4 | 87.5 |
| France | 85.2 | 79.3 |
| Germany | 92.2 | 82.9 |
| Greece | 48.5 | 63.5 |
| Hong Kong | 66.8 | 67.1 |
| Hungary | 45.6 | 73.1 |
| India | 45.1 | 48.6 |
| Indonesia | 48.5 | 50.3 |
| Ireland | 66.0 | 78.8 |
| Italy | 76.0 | 73.6 |
| Japan | 93.7 | 84.4 |
| Jordan | 29.8 | 51.7 |
| Malaysia | 61.9 | 67.2 |
| Mexico | 37.0 | 67.4 |
| Netherlands | 87.5 | 86.3 |
| New Zealand | 66.0 | 84.4 |
| Nigeria | 21.3 | 47.5 |
| Norway | 80.6 | 84.8 |
| Pakistan | 28.6 | 40.0 |
| Peru | 15.6 | 42.7 |
| Philippines | 25.0 | 46.3 |
| Poland | 20.7 | 60.4 |
| Portugal | 59.0 | 71.6 |
| Singapore | 77.9 | 78.7 |
| South Africa | 40.1 | |
| South Korea | 64.4 | 67.0 |
| Spain | 72.6 | 71.3 |
| Sri Lanka | 24.8 | 40.2 |
| Sweden | 78.2 | 84.6 |
| Switzerland | 93.6 | 91.5 |
| Taiwan | 75.8 | 76.3 |
| Thailand | 58.0 | 59.8 |
| Turkey | 40.0 | 55.3 |
| United Kingdom | 86.7 | 80.1 |
| United States | 91.3 | 81.8 |
| Venezuela | 36.4 | 66.1 |
| Zimbabwe | 25.0 | 53.8 |
| Correlation: Country Credit-ICRG | 0.88 |
*Source: Diamonte, Liew & Stevens