2025 FM Resilience Index: Denmark on Top of the World Again; FM Adds New Cybersecurity Data

Yearly nation-by-nation ranking of world's business environments 
reflects global economic strains, innovation challenges and increasing cyber threats

JOHNSTON, R.I., Feb. 26, 2025 /PRNewswire/ -- Commercial property insurer FM today released the 2025 FM Resilience Index, its yearly ranking of 130 countries and territories by the resilience of their business environments. New in 2025, the index now includes proprietary FM data to provide a comprehensive picture of cybersecurity risk.

Denmark claims the top position in the index for the second straight year, thanks to its high productivity, educated populace and robust cybersecurity. These are three of the index's 18 resilience-scoring factors, which consist of macro risks, such as inflation and political risk, and physical risks, such as climate risk exposure and fire risk quality.

The next nine regions in the ranking are Luxembourg at No. 2, followed by Norway, Switzerland, Singapore, Sweden, Germany, Finland, Belgium and the United States Zone 3 (the central US)*.

The index includes data from third parties like the International Monetary Fund and World Bank, as well as FM risk exposure and improvement measures.

"The FM Resilience Index delivers unique insights to navigate the complexities of a rapidly changing world," said Leo Kushner, staff vice president, manager business intelligence. "Our clients use the index to aid in strategic decisions regarding site selection, supply chain design and loss prevention. In addition to external data, the FM Resilience Index incorporates data from our property risk engineers, providing unprecedented visibility into physical resilience factors."

Kushner continued: "Threats will continue to evolve, but so will opportunities to enhance resilience. The FM Resilience Index provides vital insights to manage those challenges and opportunities."

The index spotlights the relative business resilience of different countries. The biggest risers since 2021 have been Ghana (up 17 to 72), Nigeria (up 10 to 105) and Rwanda (up eight to 69). The biggest fallers have been Lebanon (down 23 to 118), Argentina (down 22 to 81), Armenia (down nine to 85) and Russia (down nine to 60). Russia's decline, coming three years into its full-scale invasion of Ukraine, was driven in large part by strains on its wartime economy.

Meanwhile, some of the biggest economies in Europe saw their inflation rankings improve in 2025 after years of price pressures. In Asia, Singapore and South Korea continue to make progress on climate risk quality, showing that policymakers can address exposures even when those exposures are significant.

Cyber metric updated
This year for the first time, the FM Resilience Index's cybersecurity factor reflects proprietary FM data. This information is combined with data from the United Nations' Global Cybersecurity Index to offer an insightful, precise and unique picture of cybersecurity risk—especially important in the age of artificial intelligence and industrial automation.

With this update, FM now includes proprietary data in all six physical risk factors that make up the index, giving businesses unprecedented visibility into threats to their operations.

Qatar, Singapore, Greece, the United Arab Emirates and the United States Zone 2 (the western US)* are all among the top 10 for cybersecurity in the 2025 FM Resilience Index. Nicaragua, Haiti and Tajikistan were the bottom three.

Why the index is important
Online and interactive, the 2025 FM Resilience Index helps global companies make strategic business decisions such as where to build new facilities, source suppliers, extend (or shrink) supply chains or cultivate new markets. This year's version reflects unprecedented volatility in the world, including global conflict, inflation and rapid technology innovation.

The 2025 FM Resilience Index is validated by real-world property-loss data. Countries ranked in the top 50 of the FM Resilience Index recover over 30% faster from property losses on average than locations in other countries.

Stakeholders who are concerned about trends in a particular country can use the index to gain insight and take action. For example, businesses with exposure to countries that have seen major changes in the logistics category can consider FM's business risk consulting services. Resilience Index data on climate risk can be paired with FM's climate suite of products. And this year's new cybersecurity data can be used in tandem with FM's cyber risk assessments.

Rankings breakdown
The 18 equally weighted resilience factors in the 2025 FM Resilience Index are:

Macro:

• Control of corruption
• Education
• Energy intensity
• GHG emissions
• Health expenditure
• Inflation
• Internet usage
• Logistics
• Political risk
• Productivity
• Urbanization rate
• Water stress

Physical:

• Climate change exposure
• Climate risk exposure
• Climate risk quality
• Cybersecurity
• Fire risk quality
• Seismic risk exposure

*The United States, along with other large countries, is broken down into multiple regions. For the United States, Zone 1 is the eastern region, Zone 2 is the western region and Zone 3 is the central region.

About FM

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world's largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

SOURCE FM