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    Published on Friday, June 19, 2020

    Mexico | Investment grade loss is avoidable

    Summary

    The number of alerts about the possibility that Mexico's credit rating falls below investment grade has grown in recent weeks. I believe that, in the absence of significant measures, this will happen either next year or in 2022.

    Key points

    • Key points:
    • Rating agencies take into account various variables to assign ratings, such as the growth potential of a country, public debt as a percentage of tax revenue, or public debt as a percentage of GDP
    • Maintaining the ratings within the investment grade range requires acting on two broad strategic lines

    Geographies

    Topics

    Authors

    Carlos Serrano BBVA Research - Chief Economist

    Documents and files


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    Press article (PDF)

    200619_ArtPrensa_CarlosSerrano.pdf

    Spanish - June 19, 2020

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