Image: ap
Cumulative Probability of Default: 57.7%
Current 5-year Mid CDS (bps): 1037.2
#2 Venezuela
Cumulative Probability of Default: 51.8%
Current 5-year Mid CDS (bps): 1008.9
#3 Ireland
Image: Wikimedia Commons
Cumulative Probability of Default: 43.0%
Current 5-year Mid CDS (bps): 656.9
#4 Portugal
Image: AP
Cumulative Probability of Default: 40.1%
Current 5-year Mid CDS (bps): 578.6
Image: AP
Cumulative Probability of Default: 34.7%
Current 5-year Mid CDS (bps): 584
#6 Ukraine
Image: AP
Cumulative Probability of Default: 27.7%
Current 5-year Mid CDS (bps): 445
#7 Dubai
Dubai’s exclusive Palm Jumeirah development
Image: AP
Cumulative Probability of Default: 24.7%
Current 5-year Mid CDS (bps): 402.7
#8 Lebanon
Image: AP
Cumulative Probability of Default: 21.9%
Current 5-year Mid CDS (bps): 345
#9 Iraq
Image: ap
Cumulative Probability of Default: 21.1%
Current 5-year Mid CDS (bps): 330.6
#10 Egypt
Image: ap
Cumulative Probability of Default: 21.1%
Current 5-year Mid CDS (bps): 331.0
#11 Bahrain
Cumulative Probability of Default: 20.3%
Current 5-year Mid CDS (bps): 315.3
#12 Vietnam
Cumulative Probability of Default: 20.3%
Current 5-year Mid CDS (bps): 316.1
#13 Spain
Image: AP
Cumulative Probability of Default: 18.9%
Current 5-year Mid CDS (bps): 233.1
#14 Hungary
Cumulative Probability of Default: 16.7%
Current 5-year Mid CDS (bps): 254.0
#15 Croatia
Cumulative Probability of Default: 15.5%
Current 5-year Mid CDS (bps): 236.4
#16 Romania
Image: AP
Cumulative Probability of Default: 15.3%
Current 5-year Mid CDS (bps): 231.1
#17 Latvia
Cumulative Probability of Default: 15.0%
Current 5-year Mid CDS (bps): 227.8
#18 Lithuania
Image: AP
Cumulative Probability of Default: 14.5%
Current 5-year Mid CDS (bps): 219
#19 India
Image: AP Images
Cumulative Probability of Default: 13.7%
Current 5-year Mid CDS (bps): 161.8
#20 Bulgaria
Cumulative Probability of Default: 13.5%
Current 5-year Mid CDS (bps): 203.1
#21 Italy
Image: AP
Cumulative Probability of Default: 12.5%
Current 5-year Mid CDS (bps): 149.5
