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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

Documents and files

Press article (PDF)

200619_ArtPrensa_CarlosSerrano.pdf

Spanish - June 19, 2020

Authors

CS
Carlos Serrano BBVA Research - Chief Economist
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