login
Euromoney CountryRisk logo
  • Global Risk Table
  • Countries
  • Analysis
  • About Us
    • About ECR
    • Methodology
    • FAQS
    • Become an Expert
  • Contact Us

LatAm treads water as gap to Asia narrows

Jeremy Weltman Thursday, October 04, 2012

Although resilient to the increased risks elsewhere, some of Latin America’s lowest scoring sovereigns have been downgraded the most, according to Euromoney Country Risk Q3 results.

In line with the Brics and Africa, Latin America has resisted any further decline in its average score this quarter, and has lost less than half a point during the year (6.4 since September 2010). The region is sandwiched between Central and Eastern Europe (considered less risky) and Asia (slightly more) – both of which exclude the Commonwealth of Independent States.

The gap to Asia has narrowed to almost nothing. Nonetheless, these average performances hide some interesting developments.

Some of LatAm’s lowly ranking countries, for instance (Argentina, Belize, Nicaragua and Venezuela) are among those that have seen the largest falls in their ECR scores (increased risk) this quarter.

Argentina and Venezuela’s economic and political problems are well-documented, and both countries remain poles apart from Chile, which has also fallen slightly. Chile is not only the safest sovereign in Latin America, but also the 16th safest in the world, according to ECR’s global rankings, some 14 points and 21 places ahead of Brazil, the region’s second-safest sovereign, now 37th.

Recent articles

  • ECR survey results Q3 2022: Political risk is heightened by conflict, inflation and tightening financial conditions

  • ECR survey results Q2 2022: Covid, war and stagflation risks perplex investors

  • ECR survey results Q4 2021: EMs on back-foot as the year ends

  • ECR survey results Q3 2021: CEE shines but Brazil, Nigeria and other EMs recoil from global investing roadblocks

Euromoney CountryRisk logo

The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our  Terms & Conditions ,  Privacy Policy and Cookies before using this site.


All material is subject to strictly enforced copyright laws. Euromoney Country Risk is part of the Delinian Group Delinian Limited 8 Bouverie Street London EC4Y 8AX Registered in England and Wales, Company number 00954730 Copyright © Delinian Limited and its affiliated companies 2023

  • Methodology
  • FAQs
  • Articles
  • Contact us
  • Modern Slavery Act Transparency Statement