Country Risk triggers in the region with Ecuador and Venezuela in the lead
Latin America closes the year with bad reviews from investors. The country risk (which measures the cost of foreign debt emissions) has increased in all territories measured by the JP Morgan multinational company, excepting Argentina. In all cases, this increased risk has reached two digits.
In the ranking of countries that generate less confidence abroad, Venezuela and Ecuador top the list with an exorbitant advantage. The first has 2,883 points and an annual increase of 17.34%, until December 24 (the last measurement made). And Ecuador has failed to reduce the figure despite the payment of global bonds 2015 and remains at 1270, with an annual rise of 43.7%. In both cases, the collapse of oil prices, on which their economies depend, is part the livelihood of this high country risk.
Brazil is next in that list with a considerable distance: 524 points. Although this country is the one that has deteriorated its risk the most this year. Its risk has almost doubled (99.6% more).
Colombia´s risk has also grown by 63.7%, more than Ecuador, but still remains below (321). Peru is the best positioned with 247 points, despite a rise of 36.4%. Argentina, the fourth with the highest risk rate (467), is both the one that has reversed the trend, being this year the only country in the region that has reduced the country risk by 35%.
Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8773895&idcat=38229&tipo=2