Report
Michael Heydt ...
  • Thomas R. Torgerson

Sovereign Debt Sustainability in Latin America After the Pandemic

Public debt ratios across Latin America have markedly increased as a result of the pandemic. The IMF estimates that general government debt for the region as a whole increased by 9 percentage points (pp) of GDP from 2019 to 2020. Despite this, some Latin American governments can now borrow in the market at historically low rates as central banks in advanced economies and in emerging markets deliver highly expansionary monetary policy.
Underlyings
Brazil, Federative Republic of

Brazil, Federative Republic of

Brazil, Federative Republic of

Brazil, Federative Republic of

Brazil, Federative Republic of

Colombia, Republic of

Colombia, Republic of

Colombia, Republic of

Colombia, Republic of

Colombia, Republic of

Colombia, Republic of

United Mexican States

United Mexican States

United Mexican States

United Mexican States

United Mexican States

Uruguay, Oriental Republic of

Uruguay, Oriental Republic of

Uruguay, Oriental Republic of

Uruguay, Oriental Republic of

Uruguay, Oriental Republic of

Uruguay, Oriental Republic of

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Michael Heydt

Thomas R. Torgerson

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