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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 12:04

National branding in 2015

Eugene Eteris, BC, Copenhagen, 12.10.2015.Print version
World-leading brand valuation and strategy consultancy – Brand Finance – makes analysis on nation-branding to make decisions in maximizing brand and business value and bridge the gap between marketing and finance. The three Baltic States’ brands (out of 100 countries) in 2015 are the following: Lithuania – 63, Latvia –75 and Estonia – 85.

The world’s leading brand valuation and strategy consultancy, Brand Finance has offices in over 20 countries. National branding valuations provide clarity to marketers, brand owners and investors by quantifying the financial value of brands. For example, brand Finland is valued presently at $ 289 bln, while Switzerland’s –at over a trillion USD and Latvia’s – $33bln

Drawing on expertise in strategy, branding, market research, visual identity, finance, tax and intellectual property, Brand Finance helps clients make the right decisions to maximise brand and business value and bridges the gap between marketing and finance.

 

For full results and analysis, see the 2015 Brand Finance Nation Brands report.



 

 As a firm, Brand France specialises in brand valuation and strategy, evaluates the financial impact of the image and reputation of the top 100 countries.


Top 10 Most Powerful Nation Brands: 2014-2015

Brand Strength Rank 2015

Nation

Brand Strength Score (/100)

Brand Strength 2015 (Rating)

National Brand Value 2015 (USD bn)

Change (%)

National Brand Value 2014 (USD bn)

1

Singapore

88.0

AAA

412

10%

374

2

Switzerland

85.9

AAA

1024

6%

970

3

United Arab Emirates

85.9

AAA

403

7%

376

4

Finland

85.7

AAA

289

-6%

307

5

New Zealand

85.6

AAA

200

4%

191

6

Hong Kong SAR

85.4

AAA

325

15%

284

7

Netherlands

84.5

AAA-

1000

-3%

1026

8

Luxembourg

83.5

AAA-

60

7%

56

9

Qatar

82.7

AAA-

235

-8%

256

10

Norway

82.6

AAA-

388

-2%

396

 
The fastest growing nation brand in 2015 is Iran: its brand value is up 59% to US$159 billion as Hassan Rouhani’s moderate approach slowly shifts international perceptions of the country’s potential and eases restrictive sanctions.  A fractious relationship with Sunni states will remain an impediment to trade and investment locally but with a market of 77 million people, vast hydrocarbon reserves and a highly educated population, Iran certainly has a receptive audience globally.
 
Though Singapore is the most powerful brand, being closer to its full potential than any other nation, in sheer value terms The US remains dominant. It is the most valuable nation brand, with a national brand value of US$19.7 trillion.
 
The USA is undoubtedly a powerful brand with an inviting business climate; however its value comes in large part from the country’s sheer economic scale. Not only is there a large, wealthy market predisposed to ‘buy American’ but also an unrivalled group of established companies and organisations exporting worldwide whose American heritage forms (to a lesser or greater extent) part of their appeal.

The US’ world-leading higher education system and the soft power arising from its dominance of the music and entertainment industries are significant contributors too. This soft power will help the US to retain the most valuable nation brand for some time after China’s seemingly imminent rise to become the world’s biggest economy.


The World’s 100 Most Valuable Nation Brands

Rank 2015

Rank 2014

Nation

National Brand Value 2015  (USDbn)

Change (%)

National Brand Value (USDbn)

Brand Strength 2015 (Rating)

Brand Strength 2014 (Rating) (Rebased)

1

1

United States

19,703

2%

19,261

AAA-

AAA-

2

2

China

6,314

-1%

6,352

AA-

A+

3

3

Germany

4,166

-4%

4,357

AAA-

AAA-

4

4

United Kingdom

3,010

6%

2,833

AAA-

AAA-

5

5

Japan

2,541

3%

2,458

AAA-

AA+

6

7

France

2,158

4%

2,076

AA

AA

7

8

India

2,136

32%

1,621

A+

A+

8

6

Canada

2,040

-8%

2,212

AAA-

AAA-

9

11

Italy

1,445

12%

1,289

A

A

10

9

Australia

1,404

-10%

1,555

AA+

AA+

11

10

Brazil

1,171

-17%

1,403

A-

A

12

15

South Korea

1,092

10%

997

AA-

AA-

13

13

Mexico

1,091

6%

1,027

A

A

14

16

Switzerland

1,024

6%

970*

AAA

AAA

15

14

Netherlands

1,000

-3%

1,026

AAA-

AAA-

16

18

Spain

872

9%

801

AA-

AA-

17

17

Sweden

814

2%

802

AAA-

AAA-

18

12

Russia

810

-31%

1,167

A

A-

19

19

Turkey

668

-11%

751

A+

A+

20

20

Poland

566

-6%

602

A+

A

21

21

Indonesia

564

10%

511*

A+

A+

22

23

Saudi Arabia

506

9%

463

AA

AA

23

24

Belgium

500

11%

452

AA+

AA+

24

25

Taiwan

450

9%

414

AA+

AA+

25

22

Austria

438

-7%

471

AA+

AA+

26

31

Singapore

412

10%

374*

AAA

AAA

27

28

Denmark

410

4%

394

AAA-

AA+

28

29

Malaysia

407

5%

385

AAA-

AA+

29

30

United Arab Emirates

403

7%

376*

AAA

AAA-

30

27

Norway

388

-2%

396

AAA-

AAA-

31

26

Thailand

347

-15%

409

AA-

A+

32

33

Hong Kong SAR

325

15%

284*

AAA

AAA

33

32

Finland

289

-6%

307

AAA

AAA

34

39

Ireland

287

15%

250

AAA-

AAA-

35

35

Philippines

267

3%

260

A+

A

36

37

Qatar

235

-8%

256

AAA-

AAA-

37

36

South Africa

225

-12%

256

AA-

A+

38

38

Chile

218

-13%

250

AA

AA

39

34

Argentina

208

-22%

265

BB

BB

40

40

New Zealand

200

4%

191

AAA

AAA-

41

42

Nigeria

189

6%

179*

BBB

BBB

42

41

Czech Republic

187

4%

180

AA-

A+

43

47

Israel

181

19%

151

AA-

AA-

44

45

Kazakhstan

175

6%

164

A+

A

45

46

Colombia

166

5%

159

A

A-

46

NA

Iran

159

59%

100

A-

A-

47

49

Bangladesh

144

25%

115

A-

BBB

48

48

Romania

141

11%

127

A

A-

49

43

Vietnam

140

-19%

172

A

A

50

50

Portugal

137

20%

114

AA

AA-

51

51

Kuwait

124

24%

100

A+

A

52

44

Peru

114

-33%

171

A

A-

53

52

Hungary

94

15%

82

A

A

54

55

Pakistan

93

29%

72

A

A-

55

54

Egypt

81

8%

75

A-

BBB

56

56

Algeria

74

12%

66

BBB

B

57

58

Sri Lanka

68

11%

61

A+

A+

58

61

Luxembourg

60

7%

56

AAA-

AAA-

59

59

Greece

59

-3%

61

A+

A-

60

57

Slovakia

59

-9%

65

A

A

61

63

Dominican Republic

55

4%

53

A-

A-

62

60

Slovenia

53

-6%

56

A

A

63

67

Lithuania

50

15%

44

AA-

A+

64

65

Bulgaria

50

12%

45

A-

A-

65

62

Oman

48

-9%

53

AA

AA

66

68

Costa Rica

46

7%

43

A+

A+

67

NA

Venezuela

46

 

 

CCC

CCC

68

53

Ukraine

44

-45%

80

A-

BBB

69

64

Morocco

44

-8%

48

A

A

70

72

Guatemala

42

14%

37

A

A-

71

70

Azerbaijan

41

4%

39

A

A

72

69

Panama

40

0%

40

A+

A+

73

71

Jordan

37

-2%

38

A+

A+

74

76

Uruguay

37

14%

33

A

A

75

75

Latvia

35

7%

33

AA-

A+

76

73

Croatia

32

-12%

36

A

A-

77

79

Kenya

31

43%

22

A

A-

78

74

Serbia

31

-11%

34

A-

BBB

79

77

Bahrain

30

7%

28

AA

AA

80

81

Ghana

23

12%

21

A-

A-

81

85

Tanzania

23

44%

16

BBB

BBB

82

83

Ethiopia

22

26%

18

BBB

BB

83

78

Lebanon

22

1%

22

A

A-

84

84

Bolivia

19

11%

17

BBB

BBB

85

82

Estonia

17

-7%

19

AA

AA

86

88

Cambodia

16

9%

15

A-

A-

87

96

Cameroon

14

50%

10

A-

BBB

88

92

Uganda

14

16%

12

A-

BBB

89

98

Zambia

13

39%

10

A

A-

90

93

Iceland

13

14%

11

AA+

AA

91

87

Cyprus

13

-16%

15

AA-

AA-

92

94

Nepal

13

18%

11

A-

BBB

93

91

Georgia

12

-7%

13

A+

A

94

90

Honduras

11

-26%

14

A-

BBB

95

NA

Mozambique

10

 

 

BBB

BB

96

99

Albania

9

8%

9

A-

A-

97

NA

Senegal

9

 

 

A-

A-

98

97

Botswana

9

-7%

10

A

A

99

NA

Mauritius

8

 

 

AA-

A+

100

100

Jamaica

8

0%

8

A

A

 
*2014 Value Restated

 

German Nation Brand Devalued by US$191 bn following VW scandal: VW’s deception of emissions testers dents German national image; Germany has lost its position as the most powerful nation brand, and Germany’s long term financial potential is down US$191 billion.  


The revelation that as many as 11 million diesel vehicles have been fitted with software designed to deceive emissions testers, has dealt a hammer blow not just to Volkswagen’s reputation but to the entire German nation brand. Germany has lost its position as the most powerful nation brand according to Brand Finance


The report shows measurable damage to the long-term financial potential of ‘brand Germany’. Its value has dropped by US$191 billion to US$4.2 trillion, down 4% on 2014.

See: http://brandfinance.com/knowledge-centre/reports/brand-finance-nation-brands-2015/

 
“German industry is lauded for its efficiency and reliability while Germans as a whole are seen as hard-working, honest and law abiding. That such an iconic German brand, the ‘people’s car’, could behave in this way is beginning to undo decades of accumulated goodwill and cast aspersions over the practices of German industry, making the Siemens bribery scandal appear less a one-off than evidence of a broader malaise” said Brand Finance’s CEO, David Haigh.


Until this episode, 2015 had actually been a fairly positive year for Germany’s international reputation and the prospects of its nation brand. Germany has garnered worldwide admiration for its receptivity to Syrian migrants. This influx of generally young people and families will provide a fillip for Germany’s labour force, though the goodwill generated by sympathetic stance has been overshadowed by VW’s deception.


Replacing Germany as the world’s most powerful nation brand is Singapore. As the city-state celebrates its 50th anniversary its citizens can be rightly proud of the nation they have created. Singapore is seen presently as modern, innovative and industrious place, welcoming to outsiders and increasingly culturally rich; it has left its neighbours, including Malaysia (from which Singapore was ejected 50 years ago) far behind it.







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