Country Risk Quarterly—Spring 2024

The global risk landscape features an ever-growing list of paradigmatic shifts—from political economy and geopolitics to trade, financial markets, the environment, and technology—that will entail both costs and opportunities for years to come.

Canadian exporters are making critical investment decisions within an increasingly complex global risk environment. In the post-pandemic aftermath, Export Development Canada’s country risk ratings have seen unusual volatility and a clear deteriorating trend, particularly for commercial risk among the most fragile markets.

Escalating geopolitical tensions and fears of a higher-for-longer interest rate environment have emerged as top-of-mind concerns. EDC Economics highlights that underlying resilience should mitigate tail risk scenarios and prevent a further downward risk spiral.

EDC’s Country Risk Quarterly is an interactive tool that offers timely information about 50 countries, including fluctuations in the stock market, exchange rates and bond spreads. These insights will enable you to stay on top of country risk and make better decisions in 2024.