Country · score from open sources
Virgin Islands (U.S.)
Latin America & Caribbean
HRI 23 of 100: higher means riskier. Calm ≤33, risky ≥56. Both rays measure risk: the longer the ray, the worse.
conflict, political instability, inflation
news sentiment for the country
Horizons & uncertainty
Central line = today's level. On 4,428 country-years, assuming no change proved about twice as accurate as extrapolating a trend, so we don't invent one. The band is the calibrated 80% range of historical outcomes; * = horizon not covered by the backtest. How we tested this →
What this means for entering
no blocking issues in the covered areasContract enforcement
Contracts are enforceable locally, so standard credit terms are workable.
Why, and what to do about it →
Rule of law 0.57 on the WGI scale (−2.5 to +2.5), solid zone above +0.2; better than 69% of countries. Judicial enforcement is statistically reliable.
- Standard credit terms are workable
- Fix governing law and dispute venue in the contract
- Receivables insurance by risk appetite, not necessity
Deal economics: Contract protection costs what it does in developed markets and needs no margin premium.
Regulation & licensing
Predictable regulation: licensing timelines can go into the plan as stated.
Why, and what to do about it →
Regulatory quality 1.09 on the WGI scale (−2.5 to +2.5), zone above +0.2; better than 88% of countries. Stated procedure timelines usually match reality.
- Licensing timelines can go into the plan as stated
- Standard legal support, no dedicated regulatory counsel needed
Deal economics: Regulatory risk needs no separate budget line.
Corruption exposure
Corruption is noticeable: route procurement and government dealings through transparent procedures.
Why, and what to do about it →
Control of corruption -0.07 on the WGI scale (−2.5 to +2.5), high-exposure threshold −0.8; worse than 45% of countries. Corruption shows up in procedures and intermediaries.
- Procurement and tenders only through transparent procedures
- Due diligence on intermediaries and agents before signing
- A second-signature rule on payments to state counterparties
Deal economics: The main hidden cost is not the bribe but the middleman: a fixer's commission always surfaces in the deal price.
Physical security
No significant armed violence recorded, so standard travel policies apply.
Why, and what to do about it →
Conflict intensity 0 of 100 on the UCDP log scale: no significant armed events recorded in the period. This counts confirmed casualties, not news tone.
- Standard travel policies apply, no premiums needed
Deal economics: Physical security adds no cost of entry.
Derived mechanically from the live values on this page using published scales (World Bank WGI −2.5…+2.5, INFORM 0–10, UCDP intensity). Operational guidance, not legal advice.
Why this verdict
What drives the risk
data- Conflict (UCDP)0
- Political instability (WGI)31
- Inflation · no data, neutral 50 used50
- Travel advisories · soonn/a
Conflict data: UCDP/GED, Uppsala University (CC BY 4.0).
News background
dataGDELT global news tone. Calm-to-positive.
Doing business: governance
WGI- Rule of law0.57
- Regulatory quality1.09
- Control of corruption-0.07
World Bank WGI, −2.5 to +2.5 (higher is better). Shown separately, not folded into HRI, because the weights aren't backtested.
Next steps
Once the data points to a market, the entry itself is a path, and we help with each step.
Scenario session (Custom Research)
A facilitated SWOT-style session with the School: your team's readiness and blind spots for this market.
How it works →Partners & leads on the ground
Once a market is chosen: vetted local partners and lead generation to enter without burning budget.
Talk to us →Market content & launch
Localized social and content for the new market, so the entry is visible from day one.
See how →🔒 Full access: 1 year, 3 years and 10 years
Long horizons, verdict-change alerts and briefs come with paid packages.
Arxterra is for information only and is not investment, legal, tax or any other advice, an offer or a recommendation. Scores are computed from the listed sources; we do not guarantee their accuracy or completeness. You make decisions yourself. Conflict data: UCDP/GED, Uppsala University (CC BY 4.0); governance & economy: World Bank; news: The GDELT Project.