-- COUNTRIES · CALIBRATED PROBABILITY · 24-MONTH
HORIZON
FILTER:
Risk Legend
0%25%50%75%100%
Critical — p ≥ 0.70
High — p 0.50–0.70
Watch — p 0.30–0.50
Stable — p < 0.30
Top Risks
Sovereign Risk Rankings
#CountryProb.ZF ScoreBIS GapAccel.TierConf.YoY
SEARCH A COUNTRY TO VIEW PROFILE
#CountryGradeConf. ScoreWB / BIS CoverageData LagWBBISUpdatedSource
Physical Economy Layer — ZESI
RESEARCH LAYER · AUC 0.558 · MANIPULATION-RESISTANT
ZESI CORE · Z_NDVI + Z_VIIRS + NASA FIRMS · 2015–2024 · SATELLITE-OBSERVED · NOT SUBJECT TO GOVERNMENT REVISION · ORTHOGONAL SUPPORTING LAYER · STANDALONE AUC 0.558
Year:
ZESI Core
Severe StressNeutralStrong
#CountryZESI CoreZ_NDVIZ_VIIRS
Top Stress Movers (YoY)
Components —
click country
ZESI vs Probability — Blind Spots
Amber = high stress, low model probability. These may be
surfaced before macro data catches up.
Commodities
Stress Transmission Network · 9 Signals ·
Individual Country Exposure
Tracked
9
Stress Alerts
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Live Data
6
Pending
7
FILTER BY CATEGORYFILTER BY STRESSUpdated --:--:--
Commodity
Price ↑↓
→
Household
Cost ↑
→
Fiscal
Subsidy ↑
→
F7 Social
Unrest ↑
→
Sovereign
Stress ↑
→
ZEVKORA
Risk ↑
Digital Economy Layer — Architecture Specified
ARCHITECTURE-SPECIFIED · EMPIRICAL VALIDATION PENDING · 4 SIGNAL DOMAINS · SOVEREIGN BYPASS DETECTION · Touch globe to explore
SCORED
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SHUTDOWNS
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UNSCORED
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VINTAGE
2024
DRAG TO ROTATE · TAP COUNTRY FOR DETAIL
Digital Fragility
Critical 75+
High 55-74
Moderate 35-54
Low 15-34
Minimal below 15
Digital Fragility IndexTOP 10
Mobile Money Leaders
Shutdown Monitor
Layer Status
Z_INTERNET_PENETRATION ✓ LIVE
Z_MOBILE_SUBSCRIPTIONS ✓ LIVE
Z_MOBILE_MONEY ✓ LIVE
Z_INTERNET_SHUTDOWN ✓ LIVE
Z_DIGITAL_FRAGILITY ✓ LIVE
Empirical validation PENDING
Architecture complete · Chapter 9
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Digital Fragility Score
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Digital Signals
Internet Penetration--%
Mobile Subscriptions--
Mobile Money Accounts--%
Internet Shutdown--
Intelligence Reading
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Sovereign Risk Link
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⚠ Digital Fragility is supplementary -- not in the production sovereign probability modelSources: World Bank Findex 2024 · World Bank API · Access Now · NetBlocks
The ZF score is a calibrated probability of sovereign crisis onset within a three-year forward horizon, expressed as a continuous value between 0 and 1. Higher values indicate greater structural fragility.
It is not a credit rating. It is not a narrative assessment. It is a forward-looking signal produced by a validated probabilistic model trained on past structural deterioration and tested on future unseen outcomes.
Crisis definition: IMF emergency financing program initiation or sovereign default event, as recorded in the IMF MONA database and supplementary default event databases.
Every ZF score is decomposable into its nine F-family contributions -- identifying which stress dimension is the primary driver at any point in time.
Pulp NBSK -- NATO rearmament nitrocellulose demand floor
TIER 2 · +0.008 lift
Lumber -- housing and construction cycle signal
KEY FINDING: Magnesium inversion signal (MAG_SILENCE_V2) is the dominant orthogonal node -- ablation drop 0.0289. Risk encoded in the absence of expected market signal relative to structural exposure.
Falsifiability and Physical Layer
FALSIFIABILITY
The platform's claims are falsifiable. The conditions under which it fails are explicitly defined and testable. No incumbent operational sovereign risk product publicly documents walk-forward, out-of-sample validated performance with reproducible methodology at the sovereign level.
ZESI PHYSICAL LAYER -- SATELLITE SIGNALS
NDVI
Vegetation health proxy -- agricultural output and drought detection
VIIRS
Nighttime luminosity -- economic activity and infrastructure usage
NASA FIRMS
Active fire detection -- conflict destruction, agricultural burning, drought stress in near real-time
All three signals are geometrically observed and not subject to government revision. AUC 0.558 standalone. Primary value: manipulation-resistant confirmation of real economic conditions.
Industry Benchmark -- Walk-Forward Out-of-Sample AUC
IMF Early Warning System
0.65 – 0.70
Academic Literature
0.70 – 0.75
Strong Performance
0.75 – 0.80
ZEVKORA · Structural
0.803 ★
ZEVKORA · Full Platform
0.802 (CL)
ZEVKORA: Structural AUC 0.803CI [0.782, 0.821] · Commodity AUC 0.802 CI [0.800, 0.804] · Mean lead time 3.37 years · Walk-forward out-of-sample validated · Leakage-free