List Of Countries By Credit Rating

This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the largest three major credit rating agencies: Standard & Poor's, Fitch, and Moody's.

The list also includes all administrative divisions not issuing sovereign bonds, but it excludes regions, provinces and municipalities issuing sub-sovereign bonds.

Standard & Poor's

List Of Countries By Credit Rating
Map of S&P's sovereign long-term foreign credit ratings as of March 2022.
Legend:
  AAA   AA+   AA   AA-
  A+   A   A-   BBB+
  BBB   BBB-   BB+   BB
  BB-   B+   B   B-
  CCC+   CCC   CCC-   SD/D

For S&P, a bond is considered investment grade if its credit rating is BBB− or higher. Bonds rated BB+ and below are considered to be speculative grade, sometimes also referred to as "junk" bonds. An SD rating indicates that the country has selectively defaulted on some outstanding obligations

Fitch

List Of Countries By Credit Rating
Map of Fitch's sovereign long-term foreign credit ratings.
Legend:
  AAA   AA+   AA   AA-
  A+   A   A-   BBB+
  BBB   BBB-   BB+   BB
  BB-   B+   B   B-
  CCC+   CCC   CCC-   RD

For Fitch, a bond is considered investment grade if its credit rating is BBB− or higher. Bonds rated BB+ and below are considered to be speculative grade, sometimes also referred to as "junk" bonds. Fitch Ratings typically does not assign outlooks to sovereign ratings below B− (CCC and lower) or modifiers. CCC indicates 'Substantial Credit Risk' where 'default is a real possibility'. CC indicates 'Very High Levels of Credit Risk' where 'default of some kind appears probable'.

Moody's

List Of Countries By Credit Rating
Map of Moody's sovereign long-term foreign credit ratings.
Legend:
  Aaa   Aa1   Aa2   Aa3   A1
  A2   A3   Baa1   Baa2   Baa3
  Ba1   Ba2   Ba3   B1   B2
  B3  Caa1   Caa2   Caa3   Ca   C

For Moody's, a bond is considered investment grade if its credit rating is Baa3 or higher. Bonds rated Ba1 and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.

Others

DBRS Morningstar

For DBRS Morningstar, a bond is considered investment grade if its credit rating is BBB(low) or higher. Bonds rated BB(high) and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.

Scope Ratings

For Scope – the European rating agency – a bond is considered investment grade if its credit rating is BBB− or higher. Bonds rated BB+ and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.

JCR

Japan Credit Rating Agency (JCR) is a credit rating agency based in Japan. JCR is a Nationally Recognized Statistical Rating Organization by the U.S. Securities and Exchange Commission.

China Chengxin

China Chengxin Credit Rating Group is a credit rating agency based in China.

Unrated

UN member states that have not been assigned a credit rating by any of the eight rating agencies
Country Details
List Of Countries By Credit Rating Afghanistan
List Of Countries By Credit Rating Algeria
List Of Countries By Credit Rating Antigua and Barbuda
List Of Countries By Credit Rating Bhutan
List Of Countries By Credit Rating Brunei Darussalam
List Of Countries By Credit Rating Burundi
List Of Countries By Credit Rating Central African Republic
List Of Countries By Credit Rating Chad
List Of Countries By Credit Rating Comoros
List Of Countries By Credit Rating Djibouti
List Of Countries By Credit Rating Dominica
List Of Countries By Credit Rating Equatorial Guinea
List Of Countries By Credit Rating Eritrea
List Of Countries By Credit Rating Gambia Fitch suspended Gambia's credit rating after its only traded international bond expired
List Of Countries By Credit Rating Guinea
List Of Countries By Credit Rating Guinea-Bissau
List Of Countries By Credit Rating Guyana
List Of Countries By Credit Rating Haiti
List Of Countries By Credit Rating Iran Fitch has withdrawn all ratings for Iran following the maturity and full repayment of the last outstanding sovereign eurobond on 21 April 2008.
List Of Countries By Credit Rating Kiribati
List Of Countries By Credit Rating Liberia
List Of Countries By Credit Rating Libya Fitch has withdrawn all ratings for Libya because it does not have enough information to maintain coverage of the issuer.
List Of Countries By Credit Rating Malawi
List Of Countries By Credit Rating Mali Mali was given a credit rating in 2004 as part of a UN development initiative, but the rating was later withdrawn.
List Of Countries By Credit Rating Marshall Islands
List Of Countries By Credit Rating Mauritania
List Of Countries By Credit Rating Monaco
List Of Countries By Credit Rating Myanmar
List Of Countries By Credit Rating Nauru
List Of Countries By Credit Rating   Nepal
List Of Countries By Credit Rating Niger
List Of Countries By Credit Rating North Korea
List Of Countries By Credit Rating Palau
List Of Countries By Credit Rating Saint Kitts and Nevis
List Of Countries By Credit Rating Saint Lucia
List Of Countries By Credit Rating Samoa
List Of Countries By Credit Rating Sao Tome and Principe
List Of Countries By Credit Rating Sierra Leone
List Of Countries By Credit Rating Solomon Islands
List Of Countries By Credit Rating Somalia
List Of Countries By Credit Rating Syria
List Of Countries By Credit Rating Timor Leste
List Of Countries By Credit Rating Tonga
List Of Countries By Credit Rating Tuvalu
List Of Countries By Credit Rating Vanuatu
List Of Countries By Credit Rating Yemen
List Of Countries By Credit Rating Zimbabwe

References

See also

Tags:

List Of Countries By Credit Rating Standard & PoorsList Of Countries By Credit Rating FitchList Of Countries By Credit Rating MoodysList Of Countries By Credit Rating OthersList Of Countries By Credit Rating UnratedList Of Countries By Credit Rating LinksList Of Countries By Credit Rating

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