This is according to a new study published by property insurance group FM Global, based on data from the International Monetary Fund (IMF), the World Economic Forum and the World Bank.
On the other hand, the study found that Switzerland is the safest destination in the world for business.
FM Global says the Alpine country “among the best in the world for its infrastructure and local suppliers, its political stability, control of corruption and economic productivity”.
Concerning cyber-crime, FM Global said this was another driver factor of risk in the 2017 ranking.
The study found that in general, countries ranking high in internet penetration and low in civil liberties were most at risk of succumbing to a cyber-attack, which in turn would place them further down the overall ranking.
The four countries ranking lowest in the index for inherent cyber risk were Saudi Arabia, ranked 56th out of 130 in the overall index, Bahrain, ranked 44th, United Arab Emirates, ranked 32nd and Qatar, ranked 13th.
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