Since 2010, Syria has deteriorated the most. It now ranks second compared with a 44th place ranking in 2010. Somalia topped the rankings.

Afghanistan, Sudan and the Democratic Republic of the Congo also ranked in the top five.

Egypt has been downgraded to “extreme risk” for the first time as a result of violence following the ousting of former President Mohamed Morsy and an increase in terrorist attacks in the Sinai Peninsula, the report said.

Maplecroft warned that Syria, Egypt and Libya are “now so bad” that they will be “mired in exceptionally high levels of dynamic political risk for years to come.”

A fall in political violence in the Philippines, India and Uganda has contributed to these countries experiencing the biggest reduction in short-term political risk over the past four years.

Improvements in the level of governance has also helped to lower risk levels in Malaysia and Israel in the same period.

Somalia

Syria

Afghanistan

Sudan

Democratic Republic of Congo

Central African Republic

Yemen

Libya

South Sudan

Iraq

-CNN-