According to the ranking, Venezuela is the riskiest emerging market for business while Taiwan is the least risky.

Among European countries, Ukraine is the riskiest (ranking 6th), flowed by Russia (11), Turkey (15), Croatia (22), Romania (26), Bulgaria (29), Hungary (30), Slovakia (32), Slovenia (35), Latvia (36), the Czech Republic (38) and Lithuania (39).

Bloomberg ranked the emerging market countries using data from the IMF, World Bank and Zurich Insurance Group.

Website: http://www.bloomberg.com