Countries with the Highest Default Risk in 2022

In May 2022, the South Asian nation of Sri Lanka defaulted on its debt for the first time. The country’s government was given a 30-day grace period to cover $78 million in unpaid interest, but ultimately failed to pay.

Not only does this impact Sri Lanka’s economic future, but it also raises an important question: which other countries are at risk of default?

To find out, we’ve used data from Bloomberg to rank the countries with the highest default risk.[…]

Author: Mulugeta Woldetsadik, Librarian/Information Professional at Hawassa University, Ethiopia [21st Century LIS Network: Information_Knowledge Retrieval & Dissemination Platform]

Mulugeta Woldetsadik, Librarian/Information Professional @ Hawassa University, , Sidama Region, Ethiopia

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