Facts at a glance
18 sector-level transition indicator upgrades in 2013.
AS THE 159th member to join the WTO, Tajikistan has taken an important step towards integration in the global economy.
20 countries in the region face large transition gaps in the electric power sector.
OVER 50% of employed Egyptians still work in agriculture or the public sector.
Structural reform
Sector-level transition indicators
- Details
- Structural reform
Table S.1 shows the transition scores for 16 sectors in all EBRD countries of operations.1 The methodology is broadly unchanged from previous years (see Chapter 1 of the Transition Report 2010). Tables S.2 and S.3 contain the component ratings for market structure and market-supporting institutions and policies respectively, which together make up the overall sector-level assessment.2 There have been 18 upgrades and seven downgrades – indicated by upward and downward arrows respectively – the reasons for which are outlined below (see also the Country Assessments in the online version of this report: www.tr.ebrd.com).
Table S.1 - Sector-level transition indicators 2013: overall scores
Corporate sectors
| Agribusiness | General industry | Real estate | ICT | ||
| Central Europe and the Baltic states | |||||
| Croatia | 3 | 3+ | 3+ | 4 | |
| Estonia | 3+ | 4+ | 4+ | 4 | |
| Hungary | 4 | 4- | 4- | 4 | |
| Latvia | 3 | 4- | 4- | 3+ | |
| Lithuania | 3+ | 4↑ | 4- | 4- | |
| Poland | 3+ | 4- | 4- | 4 | |
| Slovak Republic | 3+ | 4+ | 4 | 4- | |
| Slovenia | 4- | 3+ | 4 | 3+ | |
| South-eastern Europe | |||||
| Albania | 3- | 2+ | 3- | 3+ | |
| Bosnia and Herzegovina | 3- | 2 | 2- | 2+ | |
| Bulgaria | 3 | 3+ | 3+ | 4- | |
| FYR Macedonia | 3- | 3 | 3- | 4- | |
| Kosovo | 2+ | 2- | 2- | 2+ | |
| Montenegro | 2+ | 2+ | 2+ | 3+ | |
| Romania | 3 | 3+ | 3+ | 3+ | |
| Serbia | 3- | 3- | 3- | 3 | |
| Turkey | 3- | 3 | 3+ | 3+ | |
| Eastern Europe and Caucasus | |||||
| Armenia | 3- | 3 | 3- | 3 | |
| Azerbaijan | 2+ | 2 | 2 | 2- | |
| Belarus | 2+ | 2 | 2 | 2 | |
| Georgia | 3- | 3- | 3- | 3- | |
| Moldova | 3- | 2- | 2+ | 3 | |
| Ukraine | 3- | 2+ | 3- | 3- | |
| Russia | 3- | 3- | 3- | 3+ | |
| Central Asia | |||||
| Kazakhstan | 3- | 2 | 3 | 3 | |
| Kyrgyz Republic | 2+ | 2 | 2+ | 3 | |
| Mongolia | 3- | 2+ | 2 | 3 | |
| Tajikistan | 2 | 2- | 2- | 2+ | |
| Turkmenistan | 1 | 1 | 1 | 2- | |
| Uzbekistan | 2 | 1 | 2 | 2 | |
| SEMED | |||||
| Egypt | 2 | 2 | 2+ | 3 | |
| Jordan | 2 | 2+ | 3- | 3+ | |
| Morocco | 2+ | 3- | 3- | 3+ | |
| Tunisia | 3- | 3+ | 3- | 3 | |
Energy
| Natural Resources | Sustainable energy | Electric power | |
| Central Europe and the Baltic states | |||
| Croatia | 4- | 3- | 3 |
| Estonia | 4 | 3- | 4 |
| Hungary | 4- | 3 | 3+↓ |
| Latvia | 4- | 3+ | 3+ |
| Lithuania | 4- | 3+ | 3+ |
| Poland | 3 | 3 | 3+ |
| Slovak Republic | 4- | 3 | 4 |
| Slovenia | 3+ | 3+ | 3 |
| South-eastern Europe | |||
| Albania | 3- | 3+ | 2+↓ |
| Bosnia and Herzegovina | 2 | 2 | 2+ |
| Bulgaria | 3+ | 3- | 3↓ |
| FYR Macedonia | 2+ | 2+ | 3 |
| Kosovo | 2 | 2- | 2+ |
| Montenegro | 3+ | 2 | 2+ |
| Romania | 4- | 3+ | 3+ |
| Serbia | 2 | 2+ | 2+ |
| Turkey | 3+ | 3 | 3+ |
| Eastern Europe and Caucasus | |||
| Armenia | 2+ | 3- | 3+ |
| Azerbaijan | 2+ | 2+ | 2+ |
| Belarus | 1 | 2 | 1 |
| Georgia | 2 | 3- | 3+ |
| Moldova | 3 | 2+ | 3 |
| Ukraine | 2- | 2+ | 3 |
| Russia | 2 | 2 | 3+ |
| Central Asia | |||
| Kazakhstan | 2- | 2- | 3 |
| Kyrgyz Republic | 2- | 2 | 2+ |
| Mongolia | 2 | 2 | 2+ |
| Tajikistan | 1 | 2+ | 2 |
| Turkmenistan | 1 | 1 | 1 |
| Uzbekistan | 1 | 2- | 2+ |
| SEMED | |||
| Egypt | 1 | 2+ | 2+ |
| Jordan | 2+ | 2+ | 3 |
| Morocco | 2- | 3 | 2 |
| Tunisia | 2 | 3- | 2 |
Infrastructure
| Water and wastewater | Urban transport | Roads | Railways | |
| Central Europe and the Baltic states | ||||
| Croatia | 3+ | 3+ | 3+ | 3- |
| Estonia | 4 | 3+↓ | 3 | 4 |
| Hungary | 4 | 3+ | 4- | 3+ |
| Latvia | 3+ | 4- | 3 | 4- |
| Lithuania | 3+ | 4- | 3 | 3 |
| Poland | 4- | 4- | 4- | 4- |
| Slovak Republic | 3+ | 3+ | 3↑ | 3+ |
| Slovenia | 3+ | 3+ | 3 | 3 |
| South-eastern Europe | ||||
| Albania | 2+ | 3- | 3- | 2 |
| Bosnia and Herzegovina | 2 | 2+ | 3 | 3+ |
| Bulgaria | 3 | 3+ | 3- | 3+ |
| FYR Macedonia | 2+ | 3- | 3- | 3- |
| Kosovo | 2+ | 2+ | 2+ | 3- |
| Montenegro | 2 | 3 | 2+ | 2+ |
| Romania | 4-↑ | 3+ | 3 | 3+ |
| Serbia | 2+ | 3- | 3- | 3 |
| Turkey | 3- | 3 | 3- | 3- |
| Eastern Europe and Caucasus | ||||
| Armenia | 3- | 2+ | 3- | 2+ |
| Azerbaijan | 2- | 2 | 2+ | 2+ |
| Belarus | 2- | 2 | 2 | 1 |
| Georgia | 2 | 2+ | 2+ | 3 |
| Moldova | 2 | 3- | 3- | 2 |
| Ukraine | 2+ | 3- | 3- | 2+ |
| Russia | 3 | 3 | 3- | 4- |
| Central Asia | ||||
| Kazakhstan | 2+ | 2+ | 3-↑ | 3 |
| Kyrgyz Republic | 2↑ | 2 | 2- | 1 |
| Mongolia | 2 | 2 | 2- | 3- |
| Tajikistan | 2 | 2 | 2- | 1 |
| Turkmenistan | 1 | 1 | 1 | 1 |
| Uzbekistan | 2- | 2 | 1 | 3- |
| SEMED | ||||
| Egypt | 1 | 2 | 2+ | 2- |
| Jordan | 2- | 2+ | 3- | 2 |
| Morocco | 2+ | 3 | 3- | 2 |
| Tunisia | 2 | 2+ | 2+ | 2+ |
Financial sectors
| Banking | Insurance and other financial services | MSME finance | Private equity | Capital markets | |
| Central Europe and the Baltic states | |||||
| Croatia | 3+ | 3+↑ | 3- | 3-↑ | 3 |
| Estonia | 4- | 3+ | 3+↑ | 3↑ | 3 |
| Hungary | 3+ | 3 | 3 | 3 | 3↓ |
| Latvia | 3+ | 3+ | 3 | 3- | 3 |
| Lithuania | 3+ | 3+ | 3 | 2+ | 3 |
| Poland | 4- | 3+↓ | 3 | 3+ | 4 |
| Slovak Republic | 4- | 3+ | 4- | 2+ | 3 |
| Slovenia | 3 | 3+↑ | 3-↓ | 3- | 3 |
| South-eastern Europe | |||||
| Albania | 3- | 2 | 2+ | 1 | 2- |
| Bosnia and Herzegovina | 3- | 2+ | 2+ | 2- | 2↑ |
| Bulgaria | 3 | 3+ | 3↑ | 3- | 3 |
| FYR Macedonia | 3- | 3- | 3↑ | 1 | 2- |
| Kosovo | 2+ | 2 | 2+ | 1 | 1 |
| Montenegro | 3- | 2+ | 2+ | 1 | 2+ |
| Romania | 3 | 3+ | 3↑ | 3- | 3 |
| Serbia | 3- | 3 | 3 | 2- | 3- |
| Turkey | 3+ | 3 | 3- | 3- | 4↑ |
| Eastern Europe and Caucasus | |||||
| Armenia | 2+ | 2 | 2+ | 1 | 2 |
| Azerbaijan | 2 | 2 | 2 | 1 | 2- |
| Belarus | 2 | 2 | 2 | 1 | 2- |
| Georgia | 3- | 2 | 3- | 1 | 2- |
| Moldova | 2+ | 2+ | 2 | 2- | 2+ |
| Ukraine | 3- | 2+ | 2+↑ | 2 | 3- |
| Russia | 3- | 3- | 2 | 2+ | 4- |
| Central Asia | |||||
| Kazakhstan | 3- | 2+ | 2 | 2- | 3 |
| Kyrgyz Republic | 2 | 2- | 2- | 1 | 2- |
| Mongolia | 2+ | 2 | 2+↑ | 2- | 2+ |
| Tajikistan | 2 | 2- | 2-↑ | 1 | 1 |
| Turkmenistan | 1 | 2- | 1 | 1 | 1 |
| Uzbekistan | 1 | 2 | 1 | 1 | 1 |
| SEMED | |||||
| Egypt | 2+ | 2+ | 2- | 2 | 2+ |
| Jordan | 3 | 2+ | 2+ | 2 | 3- |
| Morocco | 3 | 3- | 2+ | 2+ | 3- |
| Tunisia | 2+ | 2+ | 2 | 2- | 2+ |
Source: EBRD
Notes: The transition indicators range from 1 to 4+, with 1 representing little or no change relative to a rigid centrally-planned economy and 4+ representing the standards of an industrialised market economy. For a detailed breakdown of each of the areas of reform, see the methodological notes in the online version of this Transition Report. Upgrades and downgrades are highlighted by upward and downward arrows respectively. A colour code is used for ease of recognition: green indicates a sector that is at a fairly advanced stage of transition, scoring 3+ or higher. Conversely, dark red denotes sectors where transition has barely advanced and the score is 2 or lower.
There were 18 one-notch upgrades this year: general industry (Lithuania), water and wastewater (Kyrgyz Republic and Romania), roads (Kazakhstan and Slovak Republic), insurance and other financial services (Croatia and Slovenia), MSME finance (Bulgaria, Estonia, FYR Macedonia, Mongolia, Romania, Tajikistan and Ukraine), private equity (Croatia and Estonia) and capital markets (Bosnia and Herzegovina and Turkey). There were seven downgrades: electric power (Albania, Bulgaria and Hungary), urban transport (Estonia), insurance and other financial services (Poland), MSME finance (Slovenia) and capital markets (Hungary). In addition, there were historical revisions in the following cases to take account of new data or reflect a change in methodology (for example, for natural resources): natural resources (Armenia, Kyrgyz Republic, Latvia, Lithuania and Slovak Republic), water and wastewater (Turkey), railways (Poland), insurance and other financial services (Jordan and Tunisia) and MSME finance (Slovak Republic). A correction has also been made to the urban transport score for Turkey, and the banking score for Morocco, which were misreported last year. Please note that the "telecommunications" sector has been renamed "ICT" to reflect methodological changes as of 2011, which have broadened its scope.
Table S.2 - Sector-level transition indicators 2013: market structure
Corporate sectors
| Agribusiness | General industry | Real estate | ICT | |
| Central Europe and the Baltic states | ||||
| Croatia | Small | Small | Medium | Small |
| Estonia | Small | Negligible | Negligible | Small |
| Hungary | Small | Small | Small | Small |
| Latvia | Small | Negligible | Small | Small |
| Lithuania | Small | Negligible | Small | Small |
| Poland | Small | Small | Small | Small |
| Slovak Republic | Small | Negligible | Small | Small |
| Slovenia | Small | Small | Negligible | Small |
| South-eastern Europe | ||||
| Albania | Medium | Medium | Large | Medium |
| Bosnia and Herzegovina | Medium | Large | Large | Medium |
| Bulgaria | Small | Small | Medium | Small |
| FYR Macedonia | Medium | Medium | Large | Small |
| Kosovo | Medium | Medium | Large | Medium |
| Montenegro | Medium | Medium | Medium | Small |
| Romania | Small | Small | Medium | Small |
| Serbia | Medium | Medium | Large | Medium |
| Turkey | Medium | Small | Small | Medium |
| Eastern Europe and the Caucasus | ||||
| Armenia | Medium | Medium | Large | Medium |
| Azerbaijan | Medium | Large | Large | Large |
| Belarus | Large | Large | Large | Medium |
| Georgia | Medium | Medium | Large | Medium |
| Moldova | Medium | Medium | Large | Medium |
| Ukraine | Medium | Medium | Large | Medium |
| Russia | Medium | Medium | Medium | Medium |
| Central Asia | ||||
| Kazakhstan | Medium | Large | Medium | Medium |
| Kyrgyz Republic | Medium | Large | Large | Large |
| Mongolia | Medium | Large | Large | Large |
| Tajikistan | Medium | Large | Large | Large |
| Turkmenistan | Large | Large | Large | Large |
| Uzbekistan | Large | Large | Large | Large |
| SEMED | ||||
| Egypt | Large | Large | Medium | Medium |
| Jordan | Medium | Medium | Medium | Small |
| Morocco | Medium | Medium | Medium | Small |
| Tunisia | Medium | Medium | Medium | Medium |
Energy
| Natural resources | Sustainable energy | Power | |
| Central Europe and the Baltic states | |||
| Croatia | Small | Medium | Large |
| Estonia | Small | Medium | Small |
| Hungary | Small | Medium | Medium |
| Latvia | Medium | Medium | Medium |
| Lithuania | Medium | Medium | Medium |
| Poland | Medium | Medium | Medium |
| Slovak Republic | Small | Medium | Small |
| Slovenia | Small | Small | Medium |
| South-eastern Europe | |||
| Albania | Medium | Small | Large |
| Bosnia and Herzegovina | Large | Large | Large |
| Bulgaria | Small | Large | Large |
| FYR Macedonia | Medium | Large | Medium |
| Kosovo | Medium | Large | Large |
| Montenegro | Small | Large | Large |
| Romania | Small | Medium | Medium |
| Serbia | Medium | Large | Large |
| Turkey | Medium | Medium | Medium |
| Eastern Europe and the Caucasus | |||
| Armenia | Medium | Medium | Medium |
| Azerbaijan | Large | Large | Large |
| Belarus | Large | Large | Large |
| Georgia | Large | Medium | Medium |
| Moldova | Medium | Large | Medium |
| Ukraine | Large | Large | Large |
| Russia | Large | Large | Medium |
| Central Asia | |||
| Kazakhstan | Large | Large | Large |
| Kyrgyz Republic | Large | Large | Medium |
| Mongolia | Medium | Large | Large |
| Tajikistan | Large | Large | Large |
| Turkmenistan | Large | Large | Large |
| Uzbekistan | Large | Large | Large |
| SEMED | |||
| Egypt | Large | Large | Large |
| Jordan | Medium | Large | Medium |
| Morocco | Large | Medium | Large |
| Tunisia | Large | Large | Large |
Infrastructure
| Water and wastewater | Urban transport | Roads | Railways | |
| Central Europe and the Baltic states | ||||
| Croatia | Medium | Medium | Small | Medium |
| Estonia | Negligible | Small | Medium | Small |
| Hungary | Small | Medium | Small | Small |
| Latvia | Small | Small | Medium | Small |
| Lithuania | Medium | Small | Medium | Medium |
| Poland | Small | Small | Small | Small |
| Slovak Republic | Medium | Medium | Medium | Small |
| Slovenia | Small | Small | Medium | Medium |
| South-eastern Europe | ||||
| Albania | Large | Medium | Medium | Large |
| Bosnia and Herzegovina | Large | Medium | Medium | Medium |
| Bulgaria | Medium | Small | Medium | Small |
| FYR Macedonia | Large | Medium | Medium | Medium |
| Kosovo | Large | Medium | Medium | Medium |
| Montenegro | Large | Small | Medium | Medium |
| Romania | Small | Small | Small | Small |
| Serbia | Large | Medium | Medium | Medium |
| Turkey | Large | Medium | Medium | Medium |
| Eastern Europe and the Caucasus | ||||
| Armenia | Medium | Large | Medium | Medium |
| Azerbaijan | Large | Large | Medium | Medium |
| Belarus | Large | Large | Large | Large |
| Georgia | Large | Large | Large | Medium |
| Moldova | Large | Medium | Medium | Large |
| Ukraine | Large | Medium | Medium | Medium |
| Russia | Medium | Small | Medium | Small |
| Central Asia | ||||
| Kazakhstan | Large | Medium | Medium | Medium |
| Kyrgyz Republic | Large | Medium | Large | Large |
| Mongolia | Large | Large | Large | Medium |
| Tajikistan | Large | Large | Large | Large |
| Turkmenistan | Large | Large | Large | Large |
| Uzbekistan | Large | Large | Large | Medium |
| SEMED | ||||
| Egypt | Large | Large | Large | Large |
| Jordan | Large | Medium | Medium | Large |
| Morocco | Medium | Medium | Medium | Large |
| Tunisia | Large | Large | Medium | Large |
Financial Sectors
| Banking | Insurance and other financial services | MSME finance | Private equity | Capital markets | |
| Central Europe and the Baltic states | |||||
| Croatia | Small | Small | Medium | Medium | Medium |
| Estonia | Small | Small | Small | Small | Medium |
| Hungary | Small | Small | Medium | Medium | Medium |
| Latvia | Small | Small | Medium | Medium | Medium |
| Lithuania | Small | Small | Medium | Medium | Medium |
| Poland | Small | Small | Medium | Small | Small |
| Slovak Republic | Small | Small | Medium | Large | Medium |
| Slovenia | Medium | Small | Medium | Medium | Medium |
| South-eastern Europe | |||||
| Albania | Medium | Large | Medium | Large | Large |
| Bosnia and Herzegovina | Medium | Medium | Medium | Large | Large |
| Bulgaria | Small | Small | Small | Medium | Medium |
| FYR Macedonia | Medium | Medium | Medium | Large | Large |
| Kosovo | Medium | Large | Medium | Large | Large |
| Montenegro | Medium | Medium | Medium | Large | Large |
| Romania | Small | Small | Medium | Medium | Medium |
| Serbia | Medium | Medium | Medium | Large | Large |
| Turkey | Medium | Medium | Medium | Medium | Negligible |
| Eastern Europe and the Caucasus | |||||
| Armenia | Large | Large | Medium | Large | Large |
| Azerbaijan | Large | Large | Large | Large | Large |
| Belarus | Large | Large | Large | Large | Large |
| Georgia | Medium | Large | Medium | Large | Large |
| Moldova | Large | Large | Large | Large | Large |
| Ukraine | Medium | Medium | Medium | Medium | Large |
| Russia | Medium | Medium | Large | Medium | Small |
| Central Asia | |||||
| Kazakhstan | Medium | Medium | Large | Large | Large |
| Kyrgyz Republic | Large | Large | Large | Large | Large |
| Mongolia | Large | Large | Medium | Large | Large |
| Tajikistan | Large | Large | Large | Large | Large |
| Turkmenistan | Large | Large | Large | Large | Large |
| Uzbekistan | Large | Large | Large | Large | Large |
| SEMED | |||||
| Egypt | Medium | Large | Large | Large | Medium |
| Jordan | Small | Medium | Medium | Medium | Medium |
| Morocco | Medium | Medium | Medium | Medium | Medium |
| Tunisia | Medium | Medium | Large | Medium | Medium |
Source: EBRD
Note: "Large" indicates a major transition gap. "Negligible" indicates standards and performance that are typical of mature industrialised economies.
Table S.3 - Sector-level transition indicators 2013: market-supporting institutions
Corporate sectors
| Agribusiness | General industry | Real estate | ICT | |
| Central Europe and the Baltic states | ||||
| Croatia | Medium | Small | Small | Small |
| Estonia | Medium | Negligible | Negligible | Negligible |
| Hungary | Small | Small | Negligible | Negligible |
| Latvia | Medium | Small | Negligible | Negligible |
| Lithuania | Medium | Small | Negligible | Negligible |
| Poland | Small | Small | Small | Negligible |
| Slovak Republic | Small | Negligible | Negligible | Small |
| Slovenia | Medium | Small | Negligible | Negligible |
| South-eastern Europe | ||||
| Albania | Medium | Medium | Medium | Medium |
| Bosnia and Herzegovina | Medium | Medium | Large | Medium |
| Bulgaria | Medium | Small | Small | Small |
| FYR Macedonia | Medium | Medium | Medium | Small |
| Kosovo | Large | Large | Large | Medium |
| Montenegro | Medium | Medium | Large | Medium |
| Romania | Medium | Small | Small | Small |
| Serbia | Medium | Medium | Medium | Medium |
| Turkey | Small | Medium | Medium | Small |
| Eastern Europe and the Caucasus | ||||
| Armenia | Medium | Small | Medium | Medium |
| Azerbaijan | Medium | Large | Large | Large |
| Belarus | Medium | Large | Large | Large |
| Georgia | Medium | Medium | Small | Small |
| Moldova | Medium | Large | Medium | Medium |
| Ukraine | Medium | Large | Medium | Medium |
| Russia | Medium | Medium | Medium | Medium |
| Central Asia | ||||
| Kazakhstan | Medium | Large | Small | Medium |
| Kyrgyz Republic | Medium | Medium | Medium | Medium |
| Mongolia | Medium | Medium | Large | Medium |
| Tajikistan | Large | Large | Large | Large |
| Turkmenistan | Large | Large | Large | Large |
| Uzbekistan | Large | Large | Large | Large |
| SEMED | ||||
| Egypt | Large | Medium | Large | Medium |
| Jordan | Large | Large | Medium | Medium |
| Morocco | Medium | Medium | Medium | Medium |
| Tunisia | Medium | Small | Medium | Medium |
Energy
| Natural resources | Sustainable energy | Electric power | |
| Central Europe and the Baltic states | |||
| Croatia | Small | Medium | Medium |
| Estonia | Negligible | Medium | Negligible |
| Hungary | Small | Small | Medium |
| Latvia | Negligible | Small | Negligible |
| Lithuania | Negligible | Small | Small |
| Poland | Medium | Small | Negligible |
| Slovak Republic | Small | Small | Small |
| Slovenia | Small | Small | Small |
| South-eastern Europe | |||
| Albania | Medium | Medium | Medium |
| Bosnia and Herzegovina | Large | Large | Large |
| Bulgaria | Medium | Small | Medium |
| FYR Macedonia | Medium | Medium | Medium |
| Kosovo | Large | Large | Large |
| Montenegro | Small | Medium | Medium |
| Romania | Small | Small | Medium |
| Serbia | Large | Medium | Large |
| Turkey | Small | Medium | Medium |
| Eastern Europe and the Caucasus | |||
| Armenia | Medium | Medium | Medium |
| Azerbaijan | Medium | Large | Large |
| Belarus | Large | Medium | Large |
| Georgia | Large | Large | Medium |
| Moldova | Medium | Small | Large |
| Ukraine | Large | Small | Large |
| Russia | Large | Medium | Medium |
| Central Asia | |||
| Kazakhstan | Large | Large | Medium |
| Kyrgyz Republic | Large | Large | Large |
| Mongolia | Large | Medium | Large |
| Tajikistan | Large | Large | Large |
| Turkmenistan | Large | Large | Large |
| Uzbekistan | Large | Large | Large |
| SEMED | |||
| Egypt | Large | Medium | Large |
| Jordan | Medium | Medium | Medium |
| Morocco | Large | Medium | Large |
| Tunisia | Large | Medium | Large |
Infrastructure
| Water and wastewater | Urban transport | Roads | Railways | |
| Central Europe and the Baltic states | ||||
| Croatia | Small | Small | Medium | Medium |
| Estonia | Small | Medium | Medium | Negligible |
| Hungary | Small | Small | Negligible | Small |
| Latvia | Small | Small | Medium | Negligible |
| Lithuania | Small | Small | Medium | Small |
| Poland | Small | Small | Small | Small |
| Slovak Republic | Small | Small | Medium | Medium |
| Slovenia | Small | Small | Medium | Small |
| South-eastern Europe | ||||
| Albania | Large | Large | Medium | Large |
| Bosnia and Herzegovina | Large | Large | Medium | Small |
| Bulgaria | Small | Small | Medium | Medium |
| FYR Macedonia | Large | Large | Medium | Medium |
| Kosovo | Medium | Large | Large | Medium |
| Montenegro | Large | Large | Large | Medium |
| Romania | Small | Small | Medium | Small |
| Serbia | Large | Large | Medium | Small |
| Turkey | Medium | Medium | Medium | Medium |
| Eastern Europe and the Caucasus | ||||
| Armenia | Medium | Medium | Medium | Large |
| Azerbaijan | Large | Large | Medium | Large |
| Belarus | Large | Large | Large | Large |
| Georgia | Large | Large | Medium | Medium |
| Moldova | Large | Large | Medium | Large |
| Ukraine | Large | Large | Medium | Large |
| Russia | Medium | Medium | Medium | Small |
| Central Asia | ||||
| Kazakhstan | Large | Large | Medium | Medium |
| Kyrgyz Republic | Large | Large | Large | Large |
| Mongolia | Large | Large | Large | Medium |
| Tajikistan | Large | Large | Large | Large |
| Turkmenistan | Large | Large | Large | Large |
| Uzbekistan | Large | Large | Large | Medium |
| SEMED | ||||
| Egypt | Large | Large | Medium | Large |
| Jordan | Large | Large | Medium | Large |
| Morocco | Large | Large | Medium | Medium |
| Tunisia | Large | Large | Large | Medium |
Financial sectors
| Banking | Insurance and other financial services | MSME finance | Private equity | Capital markets | |
| Central Europe and the Baltic states | |||||
| Croatia | Small | Small | Medium | Medium | Small |
| Estonia | Small | Small | Small | Medium | Small |
| Hungary | Medium | Small | Small | Small | Small |
| Latvia | Small | Small | Small | Medium | Small |
| Lithuania | Small | Small | Small | Medium | Small |
| Poland | Small | Small | Small | Small | Negligible |
| Slovak Republic | Small | Small | Negligible | Small | Small |
| Slovenia | Medium | Small | Small | Medium | Small |
| South-eastern Europe | |||||
| Albania | Medium | Medium | Medium | Large | Large |
| Bosnia and Herzegovina | Medium | Medium | Medium | Large | Large |
| Bulgaria | Medium | Small | Medium | Small | Small |
| FYR Macedonia | Medium | Medium | Medium | Large | Large |
| Kosovo | Medium | Large | Large | Large | Large |
| Montenegro | Medium | Medium | Medium | Large | Medium |
| Romania | Medium | Small | Small | Small | Small |
| Serbia | Medium | Small | Medium | Medium | Medium |
| Turkey | Small | Small | Medium | Small | Small |
| Eastern Europe and the Caucasus | |||||
| Armenia | Medium | Large | Medium | Large | Medium |
| Azerbaijan | Large | Medium | Large | Large | Large |
| Belarus | Large | Large | Large | Large | Large |
| Georgia | Medium | Medium | Medium | Large | Large |
| Moldova | Medium | Medium | Medium | Medium | Large |
| Ukraine | Medium | Medium | Medium | Large | Medium |
| Russia | Medium | Medium | Large | Medium | Medium |
| Central Asia | |||||
| Kazakhstan | Medium | Medium | Large | Medium | Medium |
| Kyrgyz Republic | Large | Large | Large | Large | Large |
| Mongolia | Medium | Large | Large | Medium | Medium |
| Tajikistan | Large | Large | Large | Large | Large |
| Turkmenistan | Large | Large | Large | Large | Large |
| Uzbekistan | Large | Large | Large | Large | Large |
| SEMED | |||||
| Egypt | Medium | Medium | Large | Medium | Medium |
| Jordan | Medium | Medium | Large | Medium | Medium |
| Morocco | Medium | Medium | Large | Medium | Medium |
| Tunisia | Large | Medium | Large | Large | Large |
Source: EBRD
Note: "Large" indicates a major transition gap. "Negligible" indicates standards and performance that are typical of mature industrialised economies.
- Owing to of limited data availability and other reasons, the scores for sustainable energy are updated every two years, so the scores for 2013 are the same as those for 2012. [back]
- Some sector-level scores differ from those reported last year, not because of upgrades or downgrades, but because of historical revisions to reflect information that was either not available or not fully taken into account in 2012. [back]
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