National Debt Risk From Around The World: Safest To Most Likely To Default

The world’s largest countries carry with them their own levels of national debt and each of those countries have varying levels of default risk. The team at Bank of America put together the ‘Transforming World Atlas” project which features various infographics about the state of each country. One of those infographics specifically examines the world’s debt and the risk of default by country.

World Default Debt Risk

Venezuelan debt carries the most risk, costing twice as much as Greek or Ukrainian debt to insure.

In comparison, Spain and Ireland have come a long way. They now carry increasingly low risk with lower CDS spreads than Italy or Portugal.

The United States remains stable despite trillions of dollars in debt. The US features the largest GDP in the world, making it more likely that the country will continue to make its debt payments on time.

Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at