BlackRock Geopolitical Risk Indicator
a.k.a. BGRI
A gauge from asset manager BlackRock that tracks how much markets and media are focused on geopolitical risks.
In plain English
A gauge from asset manager BlackRock that tracks how much markets and media are focused on geopolitical risks.
The BlackRock Geopolitical Risk Indicator (BGRI) scans things like broker research and financial news for mentions of specific geopolitical risks, then scores how much attention each is getting.
It measures attention, not probability. A spike tells you the market is nervous about something; whether that nervousness is justified is another question. Safe-haven moves into the dollar, yen, Swiss franc or gold often coincide with spikes in worry.
Keep this word for good
Your free Private Swap Lounge saves the terms you’ve learned and quizzes you on them. Portal under construction. Expected delivery date is December 01, 2026.