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Ecuador’s country risk soars: how high is it and why?

At the beginning of 2023, Ecuador had a country risk of around 1,245 points and was the fourth country in Latin America with the worst indicator.

However, in these almost three months, the value grew by 57% (at the close of March 17, it had reached 1,950 points), and Ecuador replaced El Salvador as the third worst-placed country after Venezuela and Argentina.

The Emerging Markets Bonds Index (EMBI) is the indicator created by the US bank JP Morgan to measure country risk and allows to know the additional that investors demand to hold the nation's debt . . .

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