Country Ratings: North America
Up-to-the-minute, worldwide country risk analyses are produced by the internal Country Risk Unit of the Euler Hermes Group. These country specialists monitor political and economic developments across the globe on an ongoing basis. You can read their reports here at any time and with up-to-date assessments.
Here you can find up-to-the-minute information on countries in North America. You can download PDF files on the countries concerned.
N.B.: The country rating is an evaluation of the risk of payment default for short-term business in a specific country due to political and/or economic factors.
Country ratings are subject to modification. The ratings always refer to the date given in connection with the country concerned.
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Euler Hermes Country Ratings (PDF)
Barbados
Belize
Costa Rica
Dominica
Dominican Republic
El Salvador
Guatemala
Antigua and Barbuda
as per 6/2011
Bahamas
as per 6/2011
Barbados
as per 6/2011
Country Grade: C
High external transfer risk convertibility risk and well below average business environment.
Brief information dated 12 August 2009
Country Review dated 22 July 2009
Belize
as per 6/2011
Country Grade: D
Very high external transfer & convertibility risk and weak business environment.
Brief information dated 6 January 2010
Bermuda (UK)
as per 6/2011
Canada
as per 6/2011
Cayman Islands (UK)
as per 6/2011
Costa Rica
as per 9/2011
Country Grade: B
Significant external transfer & convertibility risk and below average business environment.
Financial Flow Indicator (FFI) / Cyclical Risk Indicator (CRI): M2
Significant vulnerability risk. Acceptable cyclical risk, but some uncertainty.
Brief information dated 4 February 2010
Country Review dated 18 September 2009
Cuba
as per 6/2011
Dominica
as per 6/2011
Country Grade: C
High external transfer & convertibility risk and well below average business environment.
Brief information dated 7 April 2010
Country Review dated 25 February 2010
Dominican Republic
as per 9/2011
Country Grade: C
High external transfer risk convertibility risk and well below average business environment.
Financial Flow Indicator (FFI) / Cyclical Risk Indicator (CRI): M2
Significant vulnerability risk. Acceptable cyclical risk, but some uncertainty.
Brief information dated 17 November 2010
Country Review dated 15 November 2010
El Salvador
as per 6/2011
Country Grade: B
Significant external transfer & convertibility risk and below average business environment.
Brief information dated 24 March 2010
Country Review dated 19 November 2009
Grenada
as per 6/2011
Country Grade: C
High external transfer & convertibility risk and well below average business environment.
Country Review dated 19 October 2010
Guatemala
as per 12/2011
Country Grade: B
Significant external transfer & convertibility risk and below average business environment.
Financial Flow Indicator (FFI) / Cyclical Risk Indicator (CRI): L2
Low vulnerability risk. Acceptable cyclical risk, but some uncertainty.
Brief information dated 9 November 2011
Country Review dated 26 August 2010
Haiti
as per 6/2011
Country Grade: D
Very high external transfer & convertibility risk and weak business environment.
Country Review dated 26 October 2009
Honduras
as per 6/2011
Country Grade: C
High external transfer & convertibility risk and well below average business environment.
Brief information dated 1 June 2011
Country Review dated 24 March 2010
Jamaica
as per 1/2012
Country Grade: D
Very high external transfer & convertibility risk and weak business environment.
Brief information dated 12 January 2012
Country Review dated 22 July 2010
Mexico
as per 1/2012
Country Grade: BB
Moderate external transfer & convertibility risk and sound, above average business environment.
Financial Flow Indicator (FFI) / Cyclical Risk Indicator (CRI): L1
Low vulnerability risk. Low cyclical risk.
Brief information dated 25 January 2012
Country Review dated 1 September 2010
Nicaragua
as per 11/2011
Country Grade: D
Very high external transfer & convertibility risk and weak business environment.
Brief information dated 9 November 2011
Country Review dated 26 October 2009
Puerto Rico (US)
as per 6/2011
St. Kitts and Nevis
as per 6/2011
Country Grade: C
High external transfer & convertibility risk and well below average business environment.
Country Review dated 22 October 2009
St. Lucia
as per 6/2011
St. Pierre et Miquelon (F)
as per 6/2011
St. Vincent & Grenadines
as per 6/2011
Country Grade: C
High external transfer & convertibility risk and well below average business environment.
Brief information dated 2 December 2009
Country Review dated 4 November 2009
Trinidad & Tobago
as per 9/2011
Country Grade: BB
Moderate external transfer & convertibility risk and sound, above average business environment.
Financial Flow Indicator (FFI) / Cyclical Risk Indicator (CRI): L3
Low vulnerability risk but high cyclical risk.
Brief information dated 26 January 2011
Country Review dated 20 January 2011
Turks a. Caicos (UK)
as per 6/2011
USA
as per 2/2012
Country Grade: AA
Very low external transfer & convertibility risk and very strong business environment.
Financial Flow Indicator (FFI) / Cyclical Risk Indicator (CRI): L2
Low vulnerability risk. Acceptable cyclical risk, but some uncertainty.
Brief information dated 8 February 2012
Virgin Islands (UK)
as per 6/2011
Virgin Islands (US)
as per 6/2011
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