SdelioRequest a market brief

Coverage · snapshot 2026-08-16

The whole world, and how little of it is covered

249 territories, 191 of them at macro and currency context only. A coverage map that looked full would be a map of our ambitions rather than our evidence.

World coverage by rungTerritories shaded by how far the work has gone in each. Most of the world has background context only. Markets with a page are links; the table below carries the same information as text.Canada — Measured — two or more things measured from primary sourcesUnited States — Measured — two or more things measured from primary sourcesIndonesia — Measured — two or more things measured from primary sourcesArgentina — Measured — two or more things measured from primary sourcesChile — Measured — two or more things measured from primary sourcesRussia — Reviewed — written assessment with a named approverNorway — Measured — two or more things measured from primary sourcesSouth Africa — Reviewed — written assessment with a named approverMexico — Measured — two or more things measured from primary sourcesBrazil — Measured — two or more things measured from primary sourcesPeru — Measured — two or more things measured from primary sourcesColombia — Measured — two or more things measured from primary sourcesFrance — Measured — two or more things measured from primary sourcesIsrael — Measured — two or more things measured from primary sourcesUnited Arab Emirates — Reviewed — written assessment with a named approverThailand — Measured — two or more things measured from primary sourcesSouth Korea — Measured — two or more things measured from primary sourcesIndia — Measured — two or more things measured from primary sourcesSweden — Measured — two or more things measured from primary sourcesPoland — Measured — two or more things measured from primary sourcesAustria — Measured — two or more things measured from primary sourcesHungary — Measured — two or more things measured from primary sourcesRomania — Measured — two or more things measured from primary sourcesLithuania — Measured — two or more things measured from primary sourcesLatvia — Measured — two or more things measured from primary sourcesEstonia — Measured — two or more things measured from primary sourcesGermany — Measured — two or more things measured from primary sourcesBulgaria — Measured — two or more things measured from primary sourcesGreece — Measured — two or more things measured from primary sourcesTürkiye — Measured — two or more things measured from primary sourcesCroatia — Measured — two or more things measured from primary sourcesSwitzerland — Measured — two or more things measured from primary sourcesLuxembourg — Measured — two or more things measured from primary sourcesBelgium — Measured — two or more things measured from primary sourcesNetherlands — Measured — two or more things measured from primary sourcesPortugal — Measured — two or more things measured from primary sourcesSpain — Measured — two or more things measured from primary sourcesIreland — Measured — two or more things measured from primary sourcesNew Zealand — Measured — two or more things measured from primary sourcesAustralia — Measured — two or more things measured from primary sourcesChina — Measured — two or more things measured from primary sourcesItaly — Measured — two or more things measured from primary sourcesDenmark — Measured — two or more things measured from primary sourcesUnited Kingdom — Measured — two or more things measured from primary sourcesIceland — Measured — two or more things measured from primary sourcesPhilippines — Measured — two or more things measured from primary sourcesMalaysia — Measured — two or more things measured from primary sourcesSlovenia — Measured — two or more things measured from primary sourcesFinland — Measured — two or more things measured from primary sourcesSlovakia — Measured — two or more things measured from primary sourcesCzechia — Measured — two or more things measured from primary sourcesJapan — Reviewed — written assessment with a named approverSaudi Arabia — Measured — two or more things measured from primary sourcesCyprus — Measured — two or more things measured from primary sourcesSerbia — Measured — two or more things measured from primary sources
  • Context only — macro and currency background
  • Measured — two or more things measured from primary sources
  • Reviewed — written assessment with a named approver
  • Brief available — a scoped brief can be delivered
  • Transactable — no market holds this
  • No geometry joined at this resolution

Boundary depictions come from Natural Earth and are not a position taken by Sdelio. Three geometries in the source dataset carry no ISO alpha-3 code and are drawn unfilled rather than assigned to a neighbour. City-states and small islands — Singapore among them — have no drawable area at this resolution, so a covered territory can be missing from the map while present in the table below. The table, not the map, is the complete record.

Markets that have been looked at

The accessible equivalent of the map above. Same data, read in order.
TerritoryHow far the work has goneCaveatsWhat is measuredNext review
ArgentinaMeasured—friction, financing2026-11-15
AustraliaMeasured—currency, friction, financing, valuation2026-10-10
AustriaMeasured—financing, valuation2026-11-15
BelgiumMeasured—financing, valuation2026-11-15
BrazilMeasured—friction, currency, financing, valuation2026-11-15
BulgariaMeasured—financing, valuation2026-11-15
CanadaMeasured—currency, friction, supply, financing, valuation2026-10-10
ChileMeasured—financing, valuation2026-11-15
ChinaMeasured—currency, financing, valuation2026-11-15
ColombiaMeasured—financing, valuation2026-11-15
CroatiaMeasured—financing, valuation2026-11-15
CyprusMeasured—friction, financing2026-11-15
CzechiaMeasured—currency, financing, valuation2026-11-15
DenmarkMeasured—friction, currency, financing, valuation2026-11-15
EstoniaMeasured—financing, valuation2026-11-15
FinlandMeasured—financing, valuation2026-11-15
FranceMeasured—financing, valuation2026-11-15
GermanyMeasured—financing, valuation2026-11-15
GreeceMeasured—financing, valuation2026-11-15
Hong KongMeasured—currency, financing2026-11-15
HungaryMeasured—currency, financing, valuation2026-11-15
IcelandMeasured—financing, valuation2026-11-15
IndiaMeasured—currency, financing, valuation2026-11-15
IndonesiaMeasured—currency, financing, valuation2026-11-15
IrelandMeasured—friction, financing, valuation2026-11-15
IsraelMeasured—currency, financing, valuation2026-11-15
ItalyMeasured—financing, valuation2026-11-15
JapanReviewed—currency, friction, financing, valuation2026-11-10
LatviaMeasured—financing, valuation2026-11-15
LithuaniaMeasured—financing, valuation2026-11-15
LuxembourgMeasured—financing, valuation2026-11-15
MalaysiaMeasured—currency, financing2026-11-15
MaltaMeasured—friction, financing2026-11-15
MexicoMeasured—currency, financing, valuation2026-11-15
NetherlandsMeasured—financing, valuation2026-11-15
New ZealandMeasured—currency, friction, financing, valuation2026-10-10
NorwayMeasured—friction, currency, financing, valuation2026-11-15
PeruMeasured—friction, financing2026-11-15
PhilippinesMeasured—currency, financing2026-11-15
PolandMeasured—currency, financing, valuation2026-11-15
PortugalMeasured—financing, valuation2026-11-15
RomaniaMeasured—financing, valuation2026-11-15
RussiaReviewed—financing, friction, valuation2026-11-11
Saudi ArabiaMeasured—financing, valuation2026-11-15
SerbiaMeasured—friction, financing2026-11-15
SingaporeReviewed—currency, friction, supply2026-11-10
SlovakiaMeasured—financing, valuation2026-11-15
SloveniaMeasured—financing, valuation2026-11-15
South AfricaReviewed—currency, financing, friction, valuation2026-11-10
South KoreaMeasured—currency, financing, valuation2026-11-15
SpainMeasured—financing, valuation2026-11-15
SwedenMeasured—currency, financing, valuation2026-11-15
SwitzerlandMeasured—friction, currency, financing, valuation2026-11-15
ThailandMeasured—currency, friction, financing2026-11-10
TürkiyeMeasured—currency, financing, valuation2026-11-15
United Arab EmiratesReviewed—friction2026-11-10
United KingdomMeasured—friction, currency, financing, valuation2026-11-15
United StatesMeasured—friction, currency, financing, valuation2026-11-15

Everywhere else

These 191 territories have macro and currency context and nothing else. They are listed rather than hidden, because a territory absent from a coverage list reads as a territory that does not exist.

TerritoryISO
AfghanistanAFG
Åland IslandsALA
AlbaniaALB
AlgeriaDZA
American SamoaASM
AndorraAND
AngolaAGO
AnguillaAIA
AntarcticaATA
Antigua & BarbudaATG
ArmeniaARM
ArubaABW
AzerbaijanAZE
BahamasBHS
BahrainBHR
BangladeshBGD
BarbadosBRB
BelarusBLR
BelizeBLZ
BeninBEN
BermudaBMU
BhutanBTN
BoliviaBOL
BosniaBIH
BotswanaBWA
Bouvet IslandBVT
British Indian Ocean TerritoryIOT
British Virgin IslandsVGB
BruneiBRN
Burkina FasoBFA
BurundiBDI
CambodiaKHM
CameroonCMR
Cape VerdeCPV
Caribbean NetherlandsBES
Cayman IslandsCYM
Central African RepublicCAF
ChadTCD
Christmas IslandCXR
Cocos IslandsCCK
ComorosCOM
Congo - BrazzavilleCOG
Congo - KinshasaCOD
Cook IslandsCOK
Costa RicaCRI
Côte d’IvoireCIV
CubaCUB
CuraçaoCUW
DjiboutiDJI
DominicaDMA
Dominican RepublicDOM
EcuadorECU
EgyptEGY
El SalvadorSLV
Equatorial GuineaGNQ
EritreaERI
EswatiniSWZ
EthiopiaETH
Falkland IslandsFLK
Faroe IslandsFRO
FijiFJI
French GuianaGUF
French PolynesiaPYF
French Southern TerritoriesATF
GabonGAB
GambiaGMB
GeorgiaGEO
GhanaGHA
GibraltarGIB
GreenlandGRL
GrenadaGRD
GuadeloupeGLP
GuamGUM
GuatemalaGTM
GuernseyGGY
GuineaGIN
Guinea-BissauGNB
GuyanaGUY
HaitiHTI
Heard & McDonald IslandsHMD
HondurasHND
IranIRN
IraqIRQ
Isle of ManIMN
JamaicaJAM
JerseyJEY
JordanJOR
KazakhstanKAZ
KenyaKEN
KiribatiKIR
KuwaitKWT
KyrgyzstanKGZ
LaosLAO
LebanonLBN
LesothoLSO
LiberiaLBR
LibyaLBY
LiechtensteinLIE
MacaoMAC
MadagascarMDG
MalawiMWI
MaldivesMDV
MaliMLI
Marshall IslandsMHL
MartiniqueMTQ
MauritaniaMRT
MauritiusMUS
MayotteMYT
MicronesiaFSM
MoldovaMDA
MonacoMCO
MongoliaMNG
MontenegroMNE
MontserratMSR
MoroccoMAR
MozambiqueMOZ
MyanmarMMR
NamibiaNAM
NauruNRU
NepalNPL
New CaledoniaNCL
NicaraguaNIC
NigerNER
NigeriaNGA
NiueNIU
Norfolk IslandNFK
North KoreaPRK
North MacedoniaMKD
Northern Mariana IslandsMNP
OmanOMN
PakistanPAK
PalauPLW
PalestinePSE
PanamaPAN
Papua New GuineaPNG
ParaguayPRY
PitcairnPCN
Puerto RicoPRI
QatarQAT
RéunionREU
RwandaRWA
SamoaWSM
San MarinoSMR
São Tomé & PríncipeSTP
SenegalSEN
SeychellesSYC
Sierra LeoneSLE
Sint MaartenSXM
Solomon IslandsSLB
SomaliaSOM
South Georgia & South Sandwich IslandsSGS
South SudanSSD
Sri LankaLKA
St. BarthélemyBLM
St. HelenaSHN
St. Kitts & NevisKNA
St. LuciaLCA
St. MartinMAF
St. Pierre & MiquelonSPM
St. Vincent & GrenadinesVCT
SudanSDN
SurinameSUR
Svalbard & Jan MayenSJM
SyriaSYR
TaiwanTWN
TajikistanTJK
TanzaniaTZA
Timor-LesteTLS
TogoTGO
TokelauTKL
TongaTON
Trinidad & TobagoTTO
TunisiaTUN
TurkmenistanTKM
Turks & Caicos IslandsTCA
TuvaluTUV
U.S. Outlying IslandsUMI
U.S. Virgin IslandsVIR
UgandaUGA
UkraineUKR
UruguayURY
UzbekistanUZB
VanuatuVUT
Vatican CityVAT
VenezuelaVEN
VietnamVNM
Wallis & FutunaWLF
Western SaharaESH
YemenYEM
ZambiaZMB
ZimbabweZWE