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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Ukraine

52.1

High · 50+Rank 12 of 192+1.2 against the previous edition · #12 → #12Europe · Eastern Europe · 5 of 5 sub-indices available
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Rank in its region1 / 42Europe
Rank in its income group4 / 59Upper-middle income
Comparable countriesPakistanIGE 44.9 · distance 7.6Comparable countriesLebanonIGE 55.7 · distance 8.7

Comparable countries

  • PakistanIGE 44.9 · distance 7.6
  • LebanonIGE 55.7 · distance 8.7
  • YemenIGE 48.8 · distance 9.3
  • CubaIGE 48.8 · distance 9.8

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Designations linked to the country: 689 (2026), risk percentile 100.source
  • Battle-related deaths per 100,000 people: 174.7 (2025), risk percentile 100.source
  • Intelrift daily country risk: 55 (2026), risk percentile 100.source
  • Entities under US export controls: 39 (2026), risk percentile 89.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints50Effective 25 %
Sanctions57Effective 25 %
Commodity concentration33Effective 20 %
Institutional fragility70Effective 15 %
Sovereign stress54Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

e9d58fcf7dc67adbffb86749f2577a01105d523ef93ee010cdb4fa9dbe231908

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 50.3

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)41.7 % of GDP · percentile 87
Total chokepoint exposure (2025)82.4 % of GDP · percentile 85
Net energy import dependence (2024)23.2 % · percentile 25
Fuel share of imports (2024)12.6 % · percentile 37
Landlocked (transit dependence) (2026)no · percentile 0
Logistics performance (LPI) (2022)2.7 · percentile 68

Sanctions · 57.0

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regime (2026)targeted regime · percentile 30
Designations linked to the country (2026)689 · percentile 100
Designations under country programmes (2026)0 · percentile 0
Entities under US export controls (2026)39 · percentile 89
Exposure to sanctioned partners (2023)42.4 · percentile 66

Commodity concentration · 33.3

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2024)0.44 · percentile 28
Import concentration (HHI) (2024)0.48 · percentile 47
Fuel and food share of imports (2024)23.1 % · percentile 22
Natural resource rents (2021)7.5 % of GDP · percentile 25
Terms-of-trade volatility (2024)15.3 % · percentile 44

Institutional fragility · 70.3

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)45.6 · percentile 73
Political stability and absence of violence (WGI) (2025)59.8 · percentile 52
Government effectiveness (WGI) (2025)40.2 · percentile 71
Control of corruption (WGI) (2025)34.1 · percentile 75
INFORM risk index (2026)5.7 · percentile 67
Battle-related deaths per 100,000 people (2025)174.7 · percentile 100
Intentional homicides per 100,000 people (2021)3.78 · percentile 11
New conflict displacements per 1,000 people (2025)18.32 · percentile 83
Political and security events (90 days) (2026)100 · percentile 100
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 53.5

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2025)5.8 months · percentile 63
Current account balance (2025)-13.5 % of GDP · percentile 82
Annual inflation (2025)12.7 % · percentile 47
Annual depreciation against the dollar (2025)+3.8 % · percentile 56
External debt to GNI (2024)101.3 % · percentile 86
Debt service to exports (2024)15.8 % · percentile 32
Short-term debt to reserves (2024)41.9 % · percentile 33
Broad money to reserves (2025)1.7× · percentile 5
Interest payments to revenue (2024)8.3 % · percentile 29
Intelrift daily country risk (2026)55 · percentile 100