After updating the country risk indicators in Latin America and the Caribbean, the Bloomberg agency indicated that Peru now has the strongest economy and stable in the region.
Along these lines, our country closed the fourth quarter of 2021 with a rating of 56.28 points and displaced Chile from the top by reaching 52.79, despite the fact that in the previous quarter Peru achieved 35.3 points.
The Bloomberg index considers three main criteria. These are the economic, financial and political, which also obtain a score in relation to other developed and emerging countries. The score goes on a scale from 0 to 100, where higher scores indicate lower risk.
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The rest of the countries that complete the top five of stable economies are Colombia (42.05 points), Argentina (40.56) and Panama (32.65).
We did not do well politically
However, the Bloomberg agency pointed out that Chile led the political parameter in the study period, with 73.96 points, while Peru barely obtained 17.71 in the midst of a crisis exacerbated by cabinet changes in the administration of President Pedro Castillo.
What the international media did highlight is with regard to financial matters. The southern country achieved 13.86 points, while Peru went from a score of 21.03 to 80.72.
Let us remember that last December, former economy minister Pedro Francke highlighted that our country would close 2021 as one of the most solid economies among emerging countries and one of the best in the region.
“These indicators allow the country to have a low exposure to capital flight in emerging economies. Peru has maintained solid macroeconomic fundamentals in the last 20 years, which have been reflected in high international reserves, low public debt and fiscal deficit, and lower country risk at the level of Latin American countries”Francke said at the time.
