What are your requirements? Partial view could represent a control that you could re-use throughout your application. I don't think that a drop down list is a good candidate for a partial view.
If I were you and I wanted to display a drop down list, I would use an existing HTML helper.
In my controller I would store values for a drop down list in the view bag:
IList selectListItems = new List();
// Populate selectListItems
...
// Create a select list. You'll have to replace dataValueField and dataTextField with property names
SelectList mySelectList = new SelectList(selectListItems, "dataValueField", "dataTextField");
// Assume that select list contains a list of countries
ViewBag.Countries = mySelectList;
Then in your view, you can create a dropdown list with HTML helper
@Html.DropDownListFor(m => m.CountryId, (SelectList) ViewBag.Countries);
I wrote this in notepad, so there might be syntax errors.