This page focuses on bilateral credit risk spillovers with respect to a specific country or sector which you can choose using the drop down menu above.
Country Net Spillover shows the total credit risk spillover to and from the chosen country.
Sector Spillover is a decomposition of the country net spillover into four separate components: financial--financial, financial--sovereign, sovereign--financial and sovereign--sovereign spillovers/p>
In each case, blue lines denote outward spillovers and red lines show inward spillovers. The size of the nodes and the thickness of the lines linking the nodes represent the strength of internal and external spillovers, respectively.