Field Listing

Credit ratings

This entry provides the current bond ratings for a country or territory from each of the three major credit bureaus (Fitch, Moody’s, and Standard & Poors). These ratings allow investors, including international finance institutions (e.g., the World Bank Group, the International Monetary Fund, etc.) to understand how likely a government’s bond is to default. Rating factors include the following aspects: current account balance, debt payment history and timeliness, banking and financial operations, future economic outlook, and national economic strength. While in recent years other credit rating agencies have proliferated, these three credit agencies constitute more than 95% of the credit evaluation market globally and are the primary sovereign debt ratings considered by international and regional finance institutions.

  • Albania

    Moody's rating: B1 (2007)

    Standard & Poors rating: B+ (2016)

  • Andorra

    Fitch rating: BBB+ (2018)

    Standard & Poors rating: BBB (2017)

  • Angola

    Fitch rating: CCC (2020)

    Moody's rating: Caa1 (2020)

    Standard & Poors rating: CCC+ (2020)

  • Argentina

    Fitch rating: CCC (2020)

    Moody's rating: Ca (2020)

    Standard & Poors rating: CCC+ (2020)

  • Armenia

    Fitch rating: B+ (2020)

    Moody's rating: Ba3 (2019)

  • Aruba

    Fitch rating: BB (2020)

    Standard & Poors rating: BBB+ (2013)

  • Australia

    Fitch rating: AAA (2011)

    Moody's rating: Aaa (2002)

    Standard & Poors rating: AAA (2003)

  • Austria

    Fitch rating: AA+ (2015)

    Moody's rating: Aa1 (2016)

    Standard & Poors rating: AA+ (2012)

  • Azerbaijan

    Fitch rating: BB+ (2016)

    Moody's rating: Ba2 (2017)

    Standard & Poors rating: BB+ (2016)

  • Bahamas, The

    Moody's rating: Ba2 (2020)

    Standard & Poors rating: BB- (2020)

  • Bahrain

    Fitch rating: B+ (2020)

    Moody's rating: B2 (2018)

    Standard & Poors rating: B+ (2017)

  • Bangladesh

    Fitch rating: BB- (2014)

    Moody's rating: Ba3 (2012)

    Standard & Poors rating: BB- (2010)

  • Barbados

    Moody's rating: Caa1 (2019)

    Standard & Poors rating: B- (2019)

  • Belarus

    Fitch rating: B (2018)

    Moody's rating: B3 (2018)

    Standard & Poors rating: B (2017)

  • Belgium

    Fitch rating: AA- (2016)

    Moody's rating: Aa3 (2011)

    Standard & Poors rating: AA (2011)

  • Belize

    Moody's rating: Caa3 (2020)

    Standard & Poors rating: CCC+ (2020)

  • Benin

    Fitch rating: B (2019)

    Moody's rating: B2 (2019)

    Standard & Poors rating: B+ (2018)

  • Bermuda

    Fitch rating: N/A (2015)

    Moody's rating: A2 (2016)

    Standard & Poors rating: A+ (2015)

  • Bolivia

    Fitch rating: B (2020)

    Moody's rating: B2 (2020)

    Standard & Poors rating: B+ (2020)

  • Bosnia and Herzegovina

    Moody's rating: B3 (2012)

    Standard & Poors rating: B (2011)

  • Botswana

    Moody's rating: A2 (2020)

    Standard & Poors rating: BBB+ (2020)

  • Brazil

    Fitch rating: BB- (2018)

    Moody's rating: Ba2 (2016)

    Standard & Poors rating: BB- (2018)

  • Bulgaria

    Fitch rating: BBB (2017)

    Moody's rating: Baa1 (2020)

    Standard & Poors rating: BBB (2019)

  • Burkina Faso

    Standard & Poors rating: B (2017)

  • Cabo Verde

    Fitch rating: B- (2020)

    Standard & Poors rating: B (2013)

  • Cambodia

    Moody's rating: B2 (2007)

    Standard & Poors rating: N/A (2014)

  • Cameroon

    Fitch rating: B (2006)

    Moody's rating: B2 (2016)

    Standard & Poors rating: B- (2020)

  • Canada

    Fitch rating: AA+ (2020)

    Moody's rating: Aaa (2002)

    Standard & Poors rating: AAA (2002)

  • Cayman Islands

    Moody's rating: Aa3 (1997)

  • Chile

    Fitch rating: A- (2020)

    Moody's rating: A1 (2018)

    Standard & Poors rating: A+ (2017)

  • China

    Fitch rating: A+ (2007)

    Moody's rating: A1 (2017)

    Standard & Poors rating: A+ (2017)

  • Colombia

    Fitch rating: BBB- (2020)

    Moody's rating: Baa2 (2014)

    Standard & Poors rating: BBB- (2017)

  • Congo, Democratic Republic of the

    Moody's rating: Caa1 (2019)

    Standard & Poors rating: CCC+ (2017)

  • Congo, Republic of the

    Fitch rating: CCC (2019)

    Moody's rating: Caa2 (2018)

    Standard & Poors rating: CCC+ (2020)

  • Costa Rica

    Fitch rating: B (2020)

    Moody's rating: B2 (2020)

    Standard & Poors rating: B (2020)

  • Cote d'Ivoire

    Fitch rating: B+ (2015)

    Moody's rating: Ba3 (2015)

  • Croatia

    Fitch rating: BBB- (2019)

    Moody's rating: Ba1 (2020)

    Standard & Poors rating: BBB- (2019)

  • Cuba

    Moody's rating: Caa2 (2014)

  • Cyprus

    Fitch rating: BBB- (2018)

    Moody's rating: Ba2 (2018)

    Standard & Poors rating: BBB- (2018)

  • Czechia

    Fitch rating: AA- (2018)

    Moody's rating: Aa3 (2019)

    Standard & Poors rating: AA- (2011)

  • Denmark

    Fitch rating: AAA (2003)

    Moody's rating: Aaa (1999)

    Standard & Poors rating: AAA (2001)

  • Dominican Republic

    Fitch rating: BB- (2016)

    Moody's rating: Ba3 (2017)

    Standard & Poors rating: BB- (2015)

  • Ecuador

    Fitch rating: B- (2020)

    Moody's rating: Caa3 (2020)

    Standard & Poors rating: B- (2020)

  • Egypt

    Fitch rating: B+ (2019)

    Moody's rating: B2 (2019)

    Standard & Poors rating: B (2018)

  • El Salvador

    Fitch rating: B- (2017)

    Moody's rating: B3 (2018)

    Standard & Poors rating: B- (2018)

  • Estonia

    Fitch rating: AA- (2018)

    Moody's rating: A1 (2002)

    Standard & Poors rating: AA- (2011)

  • Eswatini

    Moody's rating: B3 (2020)

  • Ethiopia

    Fitch rating: B (2014)

    Moody's rating: B2 (2020)

    Standard & Poors rating: B (2014)

  • European Union

    Fitch rating: AAA (2010)

    Moody's rating: Aaa (2014)

    Standard & Poors rating: AA (2016)

  • Fiji

    Moody's rating: Ba3 (2017)

    Standard & Poors rating: BB- (2019)

  • Finland

    Fitch rating: AA+ (2016)

    Moody's rating: Aa1 (2016)

    Standard & Poors rating: AA+ (2014)

  • France

    Fitch rating: AA (2014)

    Moody's rating: Aa2 (2015)

    Standard & Poors rating: AA (2013)

  • Gabon

    Fitch rating: CCC (2020)

    Moody's rating: Caa1 (2018)

    Standard & Poors rating: N/A (2016)

  • Georgia

    Fitch rating: BB (2019)

    Moody's rating: Ba2 (2017)

    Standard & Poors rating: BB (2019)

  • Germany

    Fitch rating: AAA (1994)

    Moody's rating: Aaa (1986)

    Standard & Poors rating: AAA (1983)

    Credit ratings prior to 1989 refer to West Germany.

  • Ghana

    Fitch rating: B (2013)

    Moody's rating: B3 (2015)

    Standard & Poors rating: B- (2020)

  • Greece

    Fitch rating: BB (2020)

    Moody's rating: Ba3 (2020)

    Standard & Poors rating: BB- (2019)

  • Grenada

    Standard & Poors rating: SD (2013)

  • Guatemala

    Fitch rating: BB- (2020)

    Moody's rating: Ba1 (2010)

    Standard & Poors rating: BB- (2017)

  • Honduras

    Moody's rating: B1 (2017)

    Standard & Poors rating: BB- (2017)

  • Hong Kong

    Fitch rating: AA- (2020)

    Moody's rating: Aa3 (2020)

    Standard & Poors rating: AA+ (2017)

  • Hungary

    Fitch rating: BBB (2019)

    Moody's rating: Baa3 (2016)

    Standard & Poors rating: BBB (2019)

  • Iceland

    Fitch rating: A (2017)

    Moody's rating: A2 (2019)

    Standard & Poors rating: A (2017)

  • India

    Fitch rating: BBB- (2006)

    Moody's rating: Baa3 (2020)

    Standard & Poors rating: BBB- (2007)

  • Indonesia

    Fitch rating: BBB (2017)

    Moody's rating: Baa2 (2018)

    Standard & Poors rating: BBB (2019)

  • Iraq

    Fitch rating: B- (2015)

    Moody's rating: Caa1 (2017)

    Standard & Poors rating: B- (2015)

  • Ireland

    Fitch rating: A+ (2017)

    Moody's rating: A2 (2017)

    Standard & Poors rating: AA- (2019)

  • Isle of Man

    Moody's rating: Aa3 (2020)

    Standard & Poors rating: N/A (2014)

  • Israel

    Fitch rating: A+ (2016)

    Moody's rating: A1 (2008)

    Standard & Poors rating: AA- (2018)

  • Italy

    Fitch rating: BBB- (2020)

    Moody's rating: Baa3 (2018)

    Standard & Poors rating: BBB (2017)

  • Jamaica

    Fitch rating: B+ (2019)

    Moody's rating: B2 (2019)

    Standard & Poors rating: B+ (2019)

  • Japan

    Fitch rating: A (2015)

    Moody's rating: A1 (2014)

    Standard & Poors rating: A+ (2015)

  • Jordan

    Fitch rating: BB- (2019)

    Moody's rating: B1 (2013)

    Standard & Poors rating: B+ (2017)

  • Kazakhstan

    Fitch rating: BBB (2016)

    Moody's rating: Baa3 (2016)

    Standard & Poors rating: BBB- (2016)

  • Kenya

    Fitch rating: B+ (2007)

    Moody's rating: B2 (2018)

    Standard & Poors rating: B+ (2010)

  • Korea, South

    Fitch rating: AA- (2012)

    Moody's rating: Aa2 (2015)

    Standard & Poors rating: AA (2016)

  • Kuwait

    Fitch rating: AA (2008)

    Moody's rating: A1 (2020)

    Standard & Poors rating: AA- (2020)

  • Kyrgyzstan

    Moody's rating: B2 (2015)

    Standard & Poors rating: NR (2016)

  • Laos

    Fitch rating: CCC (2020)

    Moody's rating: Caa2 (2020)

  • Latvia

    Fitch rating: A- (2014)

    Moody's rating: A3 (2015)

    Standard & Poors rating: A+ (2020)

  • Lebanon

    Fitch rating: RD (2020)

    Moody's rating: C (2020)

    Standard & Poors rating: D (2020)

  • Lesotho

    Fitch rating: B (2019)

  • Liechtenstein

    Standard & Poors rating: AAA (1996)

  • Lithuania

    Fitch rating: A (2020)

    Moody's rating: A3 (2015)

    Standard & Poors rating: A+ (2020)

  • Luxembourg

    Fitch rating: AAA (1994)

    Moody's rating: Aaa (1989)

    Standard & Poors rating: AAA (1994)

  • Macau

    Fitch rating: AA (2018)

    Moody's rating: Aa3 (2016)

  • Malaysia

    Fitch rating: BBB+ (2020)

    Moody's rating: A3 (2004)

    Standard & Poors rating: A- (2003)

  • Maldives

    Fitch rating: CCC (2020)

    Moody's rating: B3 (2020)

  • Mali

    Moody's rating: Caa1 (2020)

  • Malta

    Fitch rating: A+ (2017)

    Moody's rating: A2 (2019)

    Standard & Poors rating: A- (2016)

  • Mauritius

    Moody's rating: Baa1 (2012)

  • Mexico

    Fitch rating: BBB- (2020)

    Moody's rating: Baa1 (2020)

    Standard & Poors rating: BBB (2020)

  • Moldova

    Moody's rating: B3 (2010)

  • Mongolia

    Fitch rating: B (2018)

    Moody's rating: B3 (2018)

    Standard & Poors rating: B (2018)

  • Montenegro

    Moody's rating: B1 (2016)

    Standard & Poors rating: B+ (2014)

  • Montserrat

    Standard & Poors rating: BBB- (2020)

  • Morocco

    Fitch rating: BB+ (2020)

    Moody's rating: Ba1 (1999)

    Standard & Poors rating: BBB- (2010)

  • Mozambique

    Fitch rating: CCC (2019)

    Moody's rating: Caa2 (2019)

    Standard & Poors rating: CCC+ (2019)

  • Namibia

    Fitch rating: BB (2019)

    Moody's rating: Ba3 (2020)

  • Netherlands

    Fitch rating: AAA (1994)

    Moody's rating: Aaa (1986)

    Standard & Poors rating: AAA (2015)

  • New Zealand

    Fitch rating: AA (2011)

    Moody's rating: Aaa (2002)

    Standard & Poors rating: AA (2011)

  • Nicaragua

    Fitch rating: B- (2018)

    Moody's rating: B3 (2020)

    Standard & Poors rating: B- (2018)

  • Niger

    Moody's rating: B3 (2019)

  • Nigeria

    Fitch rating: B (2020)

    Moody's rating: B2 (2017)

    Standard & Poors rating: B- (2020)

  • North Macedonia

    Fitch rating: BB+ (2019)

    Standard & Poors rating: BB- (2013)

  • Norway

    Fitch rating: AAA (1995)

    Moody's rating: Aaa (1997)

    Standard & Poors rating: AAA (1975)

  • Oman

    Fitch rating: BB- (2020)

    Moody's rating: Ba3 (2020)

    Standard & Poors rating: B+ (2020)

  • Pakistan

    Fitch rating: B- (2018)

    Moody's rating: B3 (2015)

    Standard & Poors rating: B- (2019)

  • Panama

    Fitch rating: BBB (2011)

    Moody's rating: Baa1 (2019)

    Standard & Poors rating: BBB (2020)

  • Papua New Guinea

    Moody's rating: B2 (2016)

    Standard & Poors rating: B- (2020)

  • Paraguay

    Fitch rating: BB+ (2018)

    Moody's rating: Ba1 (2015)

    Standard & Poors rating: BB (2014)

  • Peru

    Fitch rating: BBB+ (2013)

    Moody's rating: A3 (2014)

    Standard & Poors rating: BBB+ (2013)

  • Philippines

    Fitch rating: BBB (2017)

    Moody's rating: Baa2 (2014)

    Standard & Poors rating: BBB+ (2019)

  • Poland

    Fitch rating: A- (2007)

    Moody's rating: A2 (2002)

    Standard & Poors rating: A- (2018)

  • Portugal

    Fitch rating: BBB (2007)

    Moody's rating: Baa3 (2018)

    Standard & Poors rating: BBB (2019)

  • Puerto Rico

    Standard & Poors rating: D (2015)

  • Qatar

    Fitch rating: AA- (2017)

    Moody's rating: Aa3 (2017)

    Standard & Poors rating: AA- (2017)

  • Romania

    Fitch rating: BBB- (2011)

    Moody's rating: Baa3 (2006)

    Standard & Poors rating: BBB- (2014)

  • Russia

    Fitch rating: BBB (2019)

    Moody's rating: Baa3 (2019)

    Standard & Poors rating: BBB- (2018)

  • Rwanda

    Fitch rating: B+ (2014)

    Moody's rating: B2 (2016)

    Standard & Poors rating: B+ (2019)

  • Saint Vincent and the Grenadines

    Moody's rating: B3 (2014)

  • San Marino

    Fitch rating: BB+ (2020)

  • Saudi Arabia

    Fitch rating: A (2019)

    Moody's rating: A1 (2016)

    Standard & Poors rating: A- (2016)

  • Senegal

    Moody's rating: Ba3 (2017)

    Standard & Poors rating: B+ (2000)

  • Serbia

    Fitch rating: BB+ (2019)

    Moody's rating: Ba3 (2017)

    Standard & Poors rating: BB+ (2019)

  • Seychelles

    Fitch rating: B+ (2020)

  • Singapore

    Fitch rating: AAA (2003)

    Moody's rating: Aaa (2002)

    Standard & Poors rating: AAA (1995)

  • Slovakia

    Fitch rating: A (2020)

    Moody's rating: A2 (2012)

    Standard & Poors rating: A+ (2015)

  • Slovenia

    Fitch rating: A (2019)

    Moody's rating: A3 (2020)

    Standard & Poors rating: AA- (2019)

  • Solomon Islands

    Moody's rating: B3 (2015)

  • South Africa

    Fitch rating: BB- (2020)

    Moody's rating: Ba2 (2020)

    Standard & Poors rating: BB- (2020)

  • Spain

    Fitch rating: A- (2018)

    Moody's rating: Baa1 (2018)

    Standard & Poors rating: A (2019)

  • Sri Lanka

    Fitch rating: CCC (2020)

    Moody's rating: Caa1 (2020)

    Standard & Poors rating: CCC+ (2020)

  • Suriname

    Fitch rating: C (2020)

    Moody's rating: Caa3 (2020)

    Standard & Poors rating: SD (2020)

  • Sweden

    Fitch rating: AAA (2004)

    Moody's rating: Aaa (2002)

    Standard & Poors rating: AAA (2004)

  • Switzerland

    Fitch rating: AAA (2000)

    Moody's rating: Aaa (1982)

    Standard & Poors rating: AAA (1988)

  • Taiwan

    Fitch rating: AA- (2016)

    Moody's rating: Aa3 (1994)

    Standard & Poors rating: AA- (2002)

  • Tajikistan

    Moody's rating: B3 (2017)

    Standard & Poors rating: B- (2017)

  • Tanzania

    Moody's rating: B2 (2020)

  • Thailand

    Fitch rating: BBB+ (2013)

    Moody's rating: Baa1 (2003)

    Standard & Poors rating: BBB+ (2004)

  • Togo

    Moody's rating: B3 (2019)

    Standard & Poors rating: B (2019)

  • Trinidad and Tobago

    Moody's rating: Ba1 (2017)

    Standard & Poors rating: BBB- (2020)

  • Tunisia

    Fitch rating: B (2020)

    Moody's rating: B2 (2018)

    Standard & Poors rating: N/A (2013)

  • Turkey

    Fitch rating: BB- (2019)

    Moody's rating: B2 (2020)

    Standard & Poors rating: B+ (2018)

  • Uganda

    Fitch rating: B+ (2015)

    Moody's rating: B2 (2016)

    Standard & Poors rating: B (2014)

  • Ukraine

    Fitch rating: B (2019)

    Moody's rating: B3 (2020)

    Standard & Poors rating: B (2019)

  • United Arab Emirates

    Fitch rating: AA- (2020)

    Moody's rating: Aa2 (2007)

    Standard & Poors rating: AA (2007)

  • United Kingdom

    Fitch rating: AA- (2020)

    Moody's rating: Aaa (2020)

    Standard & Poors rating: AA (2016)

  • United States

    Fitch rating: AAA (1994)

    Moody's rating: Aaa (1949)

    Standard & Poors rating: AA+ (2011)

  • Uruguay

    Fitch rating: BBB- (2013)

    Moody's rating: Baa2 (2014)

    Standard & Poors rating: BBB (2015)

  • Uzbekistan

    Fitch rating: BB- (2018)

    Moody's rating: B1 (2019)

    Standard & Poors rating: BB- (2018)

  • Venezuela

    Fitch rating: RD (2017)

    Moody's rating: WR (2019)

    Standard & Poors rating: SD (2017)

  • Vietnam

    Fitch rating: BB (2018)

    Moody's rating: Ba3 (2018)

    Standard & Poors rating: BB (2019)

  • Zambia

    Fitch rating: RD (2020)

    Moody's rating: Ca (2020)

    Standard & Poors rating: SD (2020)