List of risky countries to invest in the world

Country default risk in the world (source: Bespoke)

This are the sovereign debt default risk as measured by credit default swap prices (CDS) for 5 year horizon. This indicador reflects the risk or probability of bankruptcy, according to the market in each country.

In December 2008, Argentina and Venezuela are two countries in the world with the greatest risk to invest.

This time the table is according to the country that this perception of risk has increased more in 2009 until March 5. Countries that have worsened are, Japan, Kazakhstan, Ireland (for their enormous crisis) and Austria (by its enormous debt to the Eastern Europe countries).

But the most significant are the countries whit the highest CDS level. Argentina are still the worst in the world, Venezuela the second worst, and Kazakhstan and Iceland also in the top 4. The Venezuelan and Argentine politicians can continue can continue to blame the rest of the world, but I’m sure this attitude will not improve his economy.