Methodology
The Treasury Health Score™
A single, transparent 0–100 score blending five pillars of sovereign fiscal health. Built on open, source-attributed data from the IMF, World Bank, OECD, BIS, and ministry filings.
Debt Sustainability
30%
Fiscal Discipline
20%
Governance
20%
Economic Resilience
20%
ESG Readiness
10%
Pillar 01
Debt Sustainability
Stock and trajectory of public debt relative to repayment capacity.
30%
weight
Debt / GDPExternal debtMaturity wallInterest burden
Pillar 02
Fiscal Discipline
Budget execution, primary balance, and counter-cyclical capacity.
20%
weight
Primary balanceRevenue stabilityExpenditure efficiency
Pillar 03
Governance
Worldwide Governance Indicators averaged and normalised to 0–100.
20%
weight
Voice & accountabilityRule of lawCorruption controlReg. quality
Pillar 04
Economic Resilience
Ability to absorb external shocks and maintain output.
20%
weight
Real GDP growthInflationReservesCurrent account
Pillar 05
ESG Readiness
Sustainability disclosure and climate-aligned issuance.
10%
weight
Disclosure scoreGreen bondsCO₂ / capitaClimate finance
Formula
health_score =
0.30 · debt_score
+ 0.20 · fiscal_score
+ 0.20 · governance_score
+ 0.20 · resilience_score
+ 0.10 · esg_score
tier =
≥ 85 → Excellent
≥ 70 → Strong
≥ 55 → Stable
≥ 40 → Watchlist
<40 → High Risk