What's new

Macroeconomics put to the test by microeconomic deterioration in Coface Barometer for Q3-2023

The spectre of recession is receding, as evidenced by the fact that yield curves in most developed economies are less and less inverted.
More in our latest barometer of the world economy.

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Germany Corporate Payment Survey 2023

Coface publishes its 2023 edition of the survey on corporate payment experience in Germany. In short, this year companies are very pessimistic about their business outlook.
More in our publication.

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Debt sustainability in Africa under the spotlight again

Africa has been a major focus of attention since the pandemic and, more particularly, Russia’s invasion of Ukraine. The twin shocks and their consequences – obstacles to the movement of people and goods, skyrocketing energy and food prices, plus monetary policy tightening – have revealed structural weaknesses of African economies, either by exacerbating them or manifesting them. Read our study about it here.

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Sector risk assessment infographics Q2-2023

In a context that we explain in our barometer, Coface has made 26 changes to sector ratings: 13 reclassifications and 13 downgrades.

Find out which sectors in which regions are affected in our sector risk infographic.

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Country Risks Assessment map Q2-2023

This is our latest edition of the Coface Country Risk Map.

Consult and download Coface's risk assessments of 164 countries across the world.

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Lost illusions and great expectations in Coface Barometer for Q2-2023

The year 2023 began with great enthusiasm, but in all likelihood it will not be the year that most observers and investors were expecting.

Read our economists' forecasts to understand what to expect in the coming months.

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Universal Registration Document 2022

Coface publishes its 2022 Universal Registration Document. Download a full copy.

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Asia Payment Survey 2023

In 2022, Asian businesses took a more stringent approach to credit terms amid a year of aggressive rate hikes, tighter financial conditions and higher inflation.
Check out now which countries and sectors are less affected now.

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China Payment Survey 2023: Shorter payment delays but worsening credit conditions in chemicals and wood

The year 2022 was marked by a significant economic slowdown and stringent Covid response in China. In the face of tight liquidity and mobility restrictions that disrupted payment processes, Chinese businesses showed
greater flexibility in giving credit terms. Read our full publication

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United Kingdom: Corporate insolvencies are going from zero to a hundred after end of government support measures

In 2022, around 23,400 companies went bankrupt in the United Kingdom, causing corporate insolvencies to reach its highest levels since the 2009 Global Financial Crisis “GFC”.

Read our analysis of this rapid rise in insolvencies.

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From excessive pessimism to excessive optimism - Coface Barometer Q4 2022

The year 2023 starts with good news, at least on the macroeconomic front. In consequence, we have made few changes to our country (5 changes) and sector risk assessments (16 changes). In net terms, however, the trend remains towards downgrades. Check them out.

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Poland Payment Survey 2023: Stock building makes payment delays shorter but only temporarily

Grzegorz Sielewicz, our economist for Central and Eastern Europe delivers his analysis after the survey on payment experience from 356 companies in Poland.

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A cold chill on the global economy - Barometer Q3 2022

In the short-term, the economy seems to be settling into a regime of “stagflation”, where almost no growth and rapidly rising prices coexist. The possibility of a global recession, meanwhile, is becoming clearer.
Our economic research team gives some more perspective in our latest barometer.

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Country Risk Assessment Map - Q3 2022

Our latest edition of the Coface Country Risk Map. Consult and download Coface's risk assessments of 162 countries across the world.

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Germany Corporate Payment Survey 2022: Battered companies prepare for another crisis

One of the main takeaways of this year’s survey is that payment behaviour has become slightly more restrictive: with a gas-crisis on the horizon, fewer companies are offering payment terms (71%) compared to last year (74%).

Christiane von Berg, our economist for the Northern Europe region, details the payment terms and expectations of companies in Germany.

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Asia Payment Survey 2022

Asian companies face rising credit risks despite shorter payment delays. The Coface 2022 Asia Corporate Payment Survey was conducted between November 2021 and February 2022. It covered almost 2,800 companies from nine markets and 13 sectors located in the Asia-Pacific region.

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Country & Sector Risk Barometer - Q2 2022

Four months after the start of hostilities in Ukraine, what initial lessons can be drawn ?
As the horizon continues to darken, the risks are naturally bearish and no scenario can be ruled out.
Read our full publication.

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Country Risk Assessment Map - Q2 2022

The latest edition of the Coface Country Risk Map. Consult and download Coface's risk assessments of 162 countries across the world.

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Sector Risk Assessment - Q2 2022

Coface's assessments of 13 major global sectors are based on 75 years of Coface expertise and on the financial data published by listed companies from 6 geographical sectors.

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CEE company insolvencies on the rise

Insolvency trends in the Central and Eastern European (CEE) region have been subject to various economic conditions, support measures and legal changes over the last two years. Indeed, the Covid-19 pandemic that triggered the economic downturn and officially implemented lockdowns brought concerns not only for the macroeconomic activity but also the companies’ payment liquidity.

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