List of countries by credit rating
Encyclopedia
This is a list of countries by credit rating
, showing long-term foreign currency credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's
, Fitch and Moody's
. The ratings of Dagong
, a Chinese rating agency which has recently received some media attention, are also included. The list also includes all subnational entities issuing sovereign bonds, but it excludes regions, provinces and municipalities issuing sub-sovereign bonds.
is a Beijing-based rating agency and the only non-American agency to have gained some recognition from the western financial press.
Credit rating
A credit rating evaluates the credit worthiness of an issuer of specific types of debt, specifically, debt issued by a business enterprise such as a corporation or a government. It is an evaluation made by a credit rating agency of the debt issuers likelihood of default. Credit ratings are...
, showing long-term foreign currency credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's
Standard & Poor's
Standard & Poor's is a United States-based financial services company. It is a division of The McGraw-Hill Companies that publishes financial research and analysis on stocks and bonds. It is well known for its stock-market indices, the US-based S&P 500, the Australian S&P/ASX 200, the Canadian...
, Fitch and Moody's
Moody's
Moody's Corporation is the holding company for Moody's Analytics and Moody's Investors Service, a credit rating agency which performs international financial research and analysis on commercial and government entities. The company also ranks the credit-worthiness of borrowers using a standardized...
. The ratings of Dagong
Dagong
Dagong Global Credit Rating is a credit rating agency based in China. It is one of the few notable non-US based credit rating agencies....
, a Chinese rating agency which has recently received some media attention, are also included. The list also includes all subnational entities issuing sovereign bonds, but it excludes regions, provinces and municipalities issuing sub-sovereign bonds.
Standard & Poor's
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.| Country | Rating | Outlook | Date | Ref. |
|---|---|---|---|---|
 Abu Dhabi (emirate) |
AA | Stable | 2011-08-05 | |
 Albania |
B+ | Stable | 2011-08-05 | |
 Andorra |
A | Negative | 2011-08-05 | |
 Angola |
BB- | Stable | 2011-08-05 | |
 Argentina |
B | Stable | 2011-08-05 | |
 Aruba |
A- | Negative | 2011-08-05 | |
 Australia |
AAA | Stable | 2011-08-05 | |
 Austria |
AAA | Stable | 2011-08-05 | |
 Azerbaijan |
BB+ | Positive | 2011-08-05 | |
 The Bahamas |
BBB+ | Stable | 2011-08-05 | |
 Bahrain |
BBB | Negative | 2011-08-05 | |
 Bangladesh |
BB- | Stable | 2011-08-05 | |
 Barbados |
BBB- | Stable | 2011-08-05 | |
 Belarus |
B | Watch Negative | 2011-08-05 | |
 Belgium |
AA | Negative | 2011-11-25 | |
 Belize |
B- | Stable | 2011-08-05 | |
 Benin |
B | Stable | 2011-08-05 | |
 Bermuda |
AA | Stable | 2011-08-05 | |
 Bolivia |
B+ | Stable | 2011-08-05 | |
 Bosnia and Herzegovina |
B+ | Negative | 2011-08-05 | |
 Botswana |
A- | Stable | 2011-08-05 | |
 Brazil |
BBB | Stable | 2011-11-17 | |
 Kingdom of Bulgaria |
BBB | Stable | 2011-08-05 | |
 Burkina Faso |
B | Stable | 2011-08-05 | |
 Cambodia |
B+ | Stable | 2011-08-05 | |
 Cameroon |
B | Stable | 2011-08-05 | |
 Canada |
AAA | Stable | 2011-08-05 | |
 Cape Verde |
B+ | Stable | 2011-08-05 | |
 Chile |
A+ | Positive | 2011-08-05 | |
 Mainland China |
AA- | Stable | 2011-08-05 | |
 Colombia |
BBB- | Stable | 2011-08-05 | |
 Cook Islands |
BB- | Negative | 2011-08-05 | |
 Costa Rica |
BB | Stable | 2011-08-05 | |
 Independent State of Croatia |
BBB- | Negative | 2011-08-05 | |
 Cyprus |
BBB+ | Negative | 2011-08-05 | |
 Czech Republic |
AA- | Stable | 2011-08-24 | |
 Denmark |
AAA | Stable | 2011-08-05 | |
 Dominican Republic |
B+ | Stable | 2011-08-05 | |
 Ecuador |
B- | Positive | 2011-08-05 | |
 Egypt |
B+ | Negative | 2011-10-18 | |
 El Salvador |
BB- | Stable | 2011-08-05 | |
 Estonia |
AA- | Stable | 2011-08-09 | |
 Fiji |
B | Stable | 2011-08-05 | |
 Finland |
AAA | Stable | 2011-08-05 | |
 Early Modern France |
AAA | Stable | 2011-08-05 | |
 Gabon |
BB- | Stable | 2011-08-05 | |
 Georgia (country) |
B+ | Stable | 2011-08-05 | |
 Germany |
AAA | Stable | 2011-08-05 | |
 Ghana |
B | Stable | 2011-08-05 | |
 Greece |
CC | Negative | 2011-08-05 | |
 Grenada |
B- | Stable | 2011-08-05 | |
 Guatemala |
BB | Negative | 2011-08-05 | |
 Guernsey |
AAA | Stable | 2011-08-05 | |
 Honduras |
B | Positive | 2011-08-05 | |
 Hong Kong |
AAA | Stable | 2011-08-05 | |
 Hungary |
BBB- | Negative | 2011-08-05 | |
 Iceland |
BBB- | Stable | 2011-11-23 | |
 India |
BBB- | Stable | 2011-08-05 | |
 Indonesia |
BB+ | Positive | 2011-08-05 | |
 Republic of Ireland |
BBB+ | Stable | 2011-08-05 | |
 Isle of Man |
AAA | Stable | 2011-08-05 | |
 Israel |
A+ | Stable | 2011-08-05 | |
 Italy |
A | Negative | 2011-09-19 | |
 Jamaica |
B- | Stable | 2011-08-05 | |
 Japan |
AA- | Negative | 2011-08-05 | |
 Jordan |
BB | Negative | 2011-08-05 | |
 Kazakhstan |
BBB | Stable | 2011-08-05 | |
 Kenya |
B+ | Stable | 2011-08-05 | |
 South Korea |
A | Stable | 2011-08-05 | |
 Kuwait |
AA | Stable | 2011-08-05 | |
 Latvia |
BB+ | Positive | 2011-08-05 | |
 Lebanon |
B | Stable | 2011-08-05 | |
 Liechtenstein |
AAA | Stable | 2011-08-05 | |
 Lithuania |
BBB | Stable | 2011-08-05 | |
 Luxembourg |
AAA | Stable | 2011-08-05 | |
 Republic of Macedonia |
BB | Stable | 2011-08-05 | |
 Malaysia |
A- | Stable | 2011-08-05 | |
 Malta |
A | Stable | 2011-08-05 | |
 Mexico |
BBB | Stable | 2011-08-05 | |
 Mongolia |
BB- | Stable | 2011-08-05 | |
 Kingdom of Montenegro |
BB | Negative | 2011-08-05 | |
 Montserrat |
BBB- | Positive | 2011-08-05 | |
 Morocco |
BBB- | Stable | 2011-08-05 | |
 Mozambique |
B+ | Stable | 2011-08-05 | |
 Netherlands |
AAA | Stable | 2011-08-05 | |
 New Zealand |
AA | Stable | 2011-09-30 | |
 Nigeria |
B+ | Stable | 2011-08-05 | |
 Norway |
AAA | Stable | 2011-08-05 | |
 Oman |
A | Negative | 2011-08-05 | |
 Pakistan |
B- | Stable | 2011-08-05 | |
 Panama |
BBB- | Stable | 2011-08-05 | |
 Papua New Guinea |
B+ | Stable | 2011-08-05 | |
 Paraguay |
B+ | Positive | 2011-08-05 | |
 Peru |
BBB | Stable | 2011-08-31 | |
 Philippines |
BB | Stable | 2011-08-05 | |
 Poland |
A- | Stable | 2011-08-05 | |
 Portugal |
BBB- | Negative | 2011-08-05 | |
 Qatar |
AA | Stable | 2011-08-05 | |
| A | Stable | 2011-08-05 | ||
 Kingdom of Romania |
BB+ | Stable | 2011-08-05 | |
 Russia |
BBB | Stable | 2011-08-05 | |
 Saudi Arabia |
AA- | Stable | 2011-08-05 | |
 Senegal |
B+ | Negative | 2011-08-05 | |
 Serbia |
BB | Stable | 2011-08-05 | |
 Singapore |
AAA | Stable | 2011-08-05 | |
 Slovakia |
A+ | Positive | 2011-08-24 | |
 Slovenia |
AA- | Stable | 2011-10-19 | |
 South Africa |
BBB+ | Stable | 2011-08-05 | |
 Spain |
AA- | Negative | 2011-10-13 | |
 Sri Lanka |
B+ | Positive | 2011-08-05 | |
 Suriname |
B+ | Positive | 2011-08-05 | |
 Sweden |
AAA | Stable | 2011-08-05 | |
 Switzerland |
AAA | Stable | 2011-08-05 | |
 Republic of China |
AA- | Stable | 2011-08-05 | |
 Thailand |
BBB+ | Stable | 2011-08-05 | |
 Trinidad and Tobago |
A | Stable | 2011-08-05 | |
 Tunisia |
BBB- | Negative | 2011-08-05 | |
 Turkey |
BBB- | Positive | 2011-09-20 | |
 Uganda |
B+ | Stable | 2011-08-05 | |
 Ukraine |
B+ | Stable | 2011-08-05 | |
 United Kingdom |
AAA | Stable | 2011-08-05 | |
 United States |
AA+ | Negative | 2011-08-05 | |
 Uruguay |
BB+ | Stable | 2011-08-05 | |
 Venezuela |
B+ | Stable | 2011-08-19 | |
 Vietnam |
BB- | Negative | 2011-08-05 | |
 Zambia |
B+ | Stable | 2011-08-05 |
Fitch
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.| Country | Rating | Outlook | Date | Ref. |
|---|---|---|---|---|
| Abu Dhabi (emirate) |
AA | Stable | July 2007 | |
| BB- | Stable | May 2011 | ||
| B | Stable | July 2010 | ||
| BB- | Stable | August 2009 | ||
| BBB | Stable | June 2006 | ||
| AAA | Stable | February 2003 | ||
| AAA | Stable | September 2000 | ||
| BBB- | Positive | May 2011 | ||
| BBB | Watch Negative | March 2011 | ||
| AA+ | Negative | May 2011 | ||
| B | Stable | September 2004 | ||
| AA+ | Stable | August 2006 | ||
| B+ | Stable | October 2010 | ||
| BBB | Stable | April 2011 | ||
| BBB- | Positive | May 2011 | ||
| B | Stable | March 2007 | ||
| AAA | Stable | August 2004 | ||
| B+ | Stable | June 2009 | ||
| A+ | Stable | February 2011 | ||
| AA- | Negative | April 2011 | ||
| BBB- | Stable | June 2011 | ||
| BB+ | Stable | March 2011 | ||
| BBB- | Negative | May 2009 | ||
| BBB | Negative | August 2011 | ||
| A+ | Positive | June 2010 | ||
| AAA | Stable | November 2003 | ||
| B | Positive | January 2011 | ||
| B- | Stable | November 2010 | ||
| BB | Watch Negative | June 2011 | ||
| BB | Negative | June 2009 | ||
| A+ | Stable | July 2011 | ||
| AAA | Stable | September 2000 | ||
| AAA | Stable | September 2000 | ||
| BB- | Stable | October 2007 | ||
| B+ | Positive | March 2011 | ||
| AAA | Stable | September 2000 | ||
| B+ | Stable | September 2010 | ||
| CCC | July 2011 | |||
| BB+ | Stable | February 2006 | ||
| AA+ | Stable | November 2010 | ||
| BBB- | Stable | June 2011 | ||
| BB+ | Stable | May 2011 | ||
| BBB- | Stable | June 2010 | ||
| BB+ | Positive | February 2011 | ||
| BBB+ | Negative | April 2011 | ||
| A | Stable | February 2008 | ||
| A+ | Stable | October 2011 | ||
| B- | Stable | February 2010 | ||
| AA | Negative | May 2011 | ||
| BBB- | Positive | December 2010 | ||
| B+ | Stable | January 2009 | ||
| A+ | Positive | November 2011 | ||
| AA | Stable | September 2008 | ||
| BBB- | Positive | March 2011 | ||
| B | Stable | March 2010 | ||
| BB- | Negative | May 2011 | ||
| BBB | Positive | May 2011 | ||
| AAA | Stable | September 2000 | ||
| BB+ | Stable | October 2010 | ||
| A- | Stable | June 2009 | ||
| A+ | Stable | July 2007 | ||
| BBB | Stable | November 2009 | ||
| B+ | Stable | November 2010 | ||
| BBB- | Stable | April 2007 | ||
| B | Stable | July 2003 | ||
| BBB- | Positive | December 2010 | ||
| AAA | Stable | September 2000 | ||
| AA | Stable | September 2011 | ||
| BB- | Negative | October 2010 | ||
| AAA | Stable | September 2000 | ||
| BBB | Stable | June 2011 | ||
| BBB | Stable | November 2011 | ||
| BB+ | Stable | June 2011 | ||
| A- | Stable | January 2007 | ||
| BB+ | Watch Negative | November 2011 | ||
 Ras al-Khaimah |
A | Stable | January 2008 | |
| BBB- | Stable | July 2011 | ||
| BBB | Positive | September 2010 | ||
| B | Stable | August 2010 | ||
| A | Negative | October 2009 | ||
| AA- | Stable | July 2008 | ||
| BB- | Stable | November 2010 | ||
| B | Stable | February 2011 | ||
| AAA | Stable | May 2003 | ||
| A+ | Stable | July 2008 | ||
| AA | Stable | July 2006 | ||
| BBB+ | Stable | January 2011 | ||
| AA- | Negative | October 2011 | ||
| BB- | Stable | July 2011 | ||
| B+ | Positive | October 2009 | ||
| AAA | Stable | March 2004 | ||
| AAA | Stable | September 2000 | ||
| A+ | Stable | January 2009 | ||
| BBB | Stable | May 2011 | ||
| BBB- | Negative | March 2011 | ||
| BB+ | Stable | November 2011 | ||
| B | Positive | August 2009 | ||
| B | Positive | July 2011 | ||
| AAA | Stable | September 2000 | ||
| AAA | Negative | November 2011 | ||
| BB | Positive | July 2010 | ||
| B+ | Stable | December 2008 | ||
| B+ | Stable | July 2010 | ||
| B+ | Stable | March 2011 |
Moody's
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.| Country | Rating | Outlook | Date | Ref. |
|---|---|---|---|---|
| Albania |
B1 | Stable | 2011-08-05 | |
| Angola |
Ba3 | Stable | 2011-08-05 | |
| Argentina |
B3 | Stable | 2011-08-05 | |
 Armenia |
Ba2 | Negative | 2011-11-21 | |
| Australia |
Aaa | Stable | 2011-08-05 | |
| Austria |
Aaa | Stable | 2011-08-05 | |
| Azerbaijan |
Ba1 | Positive | 2011-08-05 | |
| The Bahamas |
A3 | Stable | 2011-08-05 | |
| Bahrain |
Baa1 | Negative | 2011-08-05 | |
| Bangladesh |
Ba3 | Stable | 2011-08-05 | |
| Barbados |
Baa3 | Negative | 2011-08-05 | |
| Belarus |
B3 | Watch Negative | 2011-08-05 | |
| Belgium |
Aa1 | Stable | 2011-08-05 | |
| Belize |
B3 | Stable | 2011-08-05 | |
| Bermuda |
Aa2 | Stable | 2011-08-05 | |
| Bolivia |
B1 | Positive | 2011-08-05 | |
| Bosnia and Herzegovina |
B2 | Negative | 2011-08-05 | |
| Botswana |
A2 | Negative | 2011-08-05 | |
| Brazil |
Baa2 | Positive | 2011-08-05 | |
| Kingdom of Bulgaria |
Baa2 | Stable | 2011-08-05 | |
| Cambodia |
B2 | Stable | 2011-08-05 | |
| Canada |
Aaa | Stable | 2011-08-05 | |
 Cayman Islands |
Aa3 | Stable | 2011-08-05 | |
| Chile |
Aa3 | Stable | 2011-08-05 | |
| Mainland China |
Aa3 | Positive | 2011-08-05 | |
| Colombia |
Baa3 | Stable | 2011-08-05 | |
| Costa Rica |
Baa3 | Stable | 2011-08-05 | |
| Independent State of Croatia |
Baa3 | Stable | 2011-08-05 | |
 Cuba |
Caa1 | Stable | 2011-08-05 | |
| Cyprus |
Baa3 | Negative | 2011-11-04 | |
| Czech Republic |
A1 | Stable | 2011-08-05 | |
| Denmark |
Aaa | Stable | 2011-08-05 | |
| Dominican Republic |
B1 | Stable | 2011-08-05 | |
| Ecuador |
Caa2 | Stable | 2011-08-05 | |
| Egypt |
Ba3 | Negative | 2011-08-05 | |
| El Salvador |
Ba2 | Stable | 2011-08-05 | |
| Estonia |
A1 | Stable | 2011-08-05 | |
| Fiji |
B1 | Negative | 2011-08-05 | |
| Finland |
Aaa | Stable | 2011-08-05 | |
| Early Modern France |
Aaa | Stable | 2011-10-17 | |
| Georgia (country) |
Ba3 | Stable | 2011-08-05 | |
| Germany |
Aaa | Stable | 2011-08-05 | |
| Greece |
Ca | Developing | 2011-08-05 | |
| Guatemala |
Ba1 | Stable | 2011-08-05 | |
| Honduras |
B2 | Stable | 2011-08-05 | |
| Hong Kong |
Aa1 | Positive | 2011-08-05 | |
| Hungary |
Ba1 | Negative | 2011-11-24 | |
| Iceland |
Baa3 | Negative | 2011-08-05 | |
| India |
Baa3 | Stable | 2011-08-05 | |
| Indonesia |
Ba1 | Stable | 2011-08-05 | |
| Republic of Ireland |
Ba1 | Negative | 2011-08-05 | |
| Isle of Man |
Aaa | Stable | 2011-08-05 | |
| Israel |
A1 | Stable | 2011-08-05 | |
| Italy |
A2 | Negative | 2011-10-04 | |
| Jamaica |
B3 | Stable | 2011-08-05 | |
| Japan |
Aa3 | Stable | 2011-08-23 | |
| Jordan |
Ba2 | Negative | 2011-08-05 | |
| Kazakhstan |
Baa2 | Stable | 2011-08-05 | |
| South Korea |
A1 | Stable | 2011-08-05 | |
| Kuwait |
Aa2 | Stable | 2011-08-05 | |
| Latvia |
Baa3 | Positive | 2011-08-05 | |
| Lebanon |
B1 | Stable | 2011-08-05 | |
| Lithuania |
Baa1 | Stable | 2011-08-05 | |
| Luxembourg |
Aaa | Stable | 2011-08-05 | |
 Macau |
Aa3 | Stable | 2011-08-05 | |
| Malaysia |
A3 | Stable | 2011-08-05 | |
| Malta |
A1 | Stable | 2011-08-05 | |
 Mauritius |
Baa2 | Stable | 2011-08-05 | |
| Mexico |
Baa1 | Stable | 2011-08-05 | |
 Moldova |
B3 | Stable | 2011-08-05 | |
| Mongolia |
B1 | Stable | 2011-08-05 | |
| Kingdom of Montenegro |
Ba3 | Stable | 2011-08-05 | |
| Morocco |
Ba1 | Stable | 2011-08-05 | |
| Netherlands |
Aaa | Stable | 2011-08-05 | |
| New Zealand |
Aaa | Stable | 2011-08-05 | |
 Nicaragua |
B3 | Stable | 2011-08-05 | |
| Norway |
Aaa | Stable | 2011-08-05 | |
| Oman |
A1 | Stable | 2011-08-05 | |
| Pakistan |
B3 | Stable | 2011-08-05 | |
| Panama |
Baa3 | Positive | 2011-08-05 | |
| Papua New Guinea |
B1 | Stable | 2011-08-05 | |
| Paraguay |
B1 | Stable | 2011-08-05 | |
| Peru |
Baa3 | Positive | 2011-08-05 | |
| Philippines |
Ba2 | Stable | 2011-08-05 | |
| Poland |
A2 | Negative | 2011-08-05 | |
| Portugal |
Ba2 | Negative | 2011-08-05 | |
| Qatar |
Aa2 | Stable | 2011-08-05 | |
| Kingdom of Romania |
Baa3 | Stable | 2011-08-05 | |
| Russia |
Baa1 | Stable | 2011-08-05 | |
| Saudi Arabia |
Aa3 | Stable | 2011-08-05 | |
| Senegal |
B1 | Stable | 2011-08-05 | |
| Singapore |
Aaa | Stable | 2011-08-05 | |
| Slovakia |
A1 | Stable | 2011-08-05 | |
| Slovenia |
Aa3 | Negative | 2011-09-23 | |
| South Africa |
A3 | Stable | 2011-08-05 | |
| Spain |
A1 | Negative | 2011-10-18 | |
| Sri Lanka |
B1 | Positive | 2011-08-05 | |
| B1 | Stable | 2011-08-05 | ||
| Suriname |
B1 | Stable | 2011-08-05 | |
| Sweden |
Aaa | Stable | 2011-08-05 | |
| Switzerland |
Aaa | Stable | 2011-08-05 | |
| Republic of China |
Aa3 | Stable | 2011-08-05 | |
| Thailand |
Baa1 | Stable | 2011-08-05 | |
| Trinidad and Tobago |
Baa1 | Stable | 2011-08-05 | |
| Tunisia |
Baa3 | Negative | 2011-08-05 | |
| Turkey |
Ba2 | Positive | 2011-08-05 | |
| Ukraine |
B2 | Stable | 2011-08-05 | |
 United Arab Emirates |
Aa2 | Stable | 2011-08-05 | |
| United Kingdom |
Aaa | Stable | 2011-08-05 | |
| United States |
Aaa | Negative | 2011-08-05 | |
| Uruguay |
Ba1 | Stable | 2011-08-05 | |
| Venezuela |
B2 | Stable | 2011-08-05 | |
| Vietnam |
B1 | Negative | 2011-08-05 |
Dagong
DagongDagong
Dagong Global Credit Rating is a credit rating agency based in China. It is one of the few notable non-US based credit rating agencies....
is a Beijing-based rating agency and the only non-American agency to have gained some recognition from the western financial press.
| Country | Rating | Outlook | Date | Ref. |
|---|---|---|---|---|
| Argentina |
B | Stable | 2010-07-11 | |
| Australia |
AAA | Stable | 2010-07-11 | |
| Austria |
AA+ | Stable | 2010-10-20 | |
| Belgium |
A+ | Negative | 2010-07-11 | |
| Brazil |
A- | Stable | 2010-07-11 | |
| Canada |
AA+ | Stable | 2010-07-11 | |
| Chile |
AA- | Stable | 2011-05-31 | |
| Mainland China |
AAA | Stable | 2010-07-11 | |
| Czech Republic |
A+ | Stable | 2011-11-21 | |
| Denmark |
AA+ | Stable | 2011-11-01 | |
| Ecuador |
B- | Stable | 2010-10-09 | |
| Egypt |
BB- | Negative | 2011-11-22 | |
| Estonia |
A | Stable | 2010-07-11 | |
| Finland |
AAA | Negative | 2010-12-06 | |
| Early Modern France |
AA- | Negative | 2011-06-02 | |
| Germany |
AA+ | Stable | 2011-07-01 | |
| Greece |
C | Negative | 2011-11-22 | |
| Hong Kong |
AAA | Stable | 2010-10-20 | |
| Hungary |
BBB- | Negative | 2011-03-11 | |
| Iceland |
BB- | Stable | 2011-09-07 | |
| India |
BBB | Stable | 2010-07-11 | |
| Indonesia |
BBB- | Stable | 2010-07-11 | |
| Republic of Ireland |
BBB | Stable | 2010-12-06 | |
| Israel |
A- | Stable | 2010-07-11 | |
| Italy |
A- | Negative | 2010-07-11 | |
| Japan |
AA- | Stable | 2011-06-02 | |
| Kazakhstan |
BBB- | Stable | 2010-07-11 | |
| Kenya |
B | Stable | 2010-12-06 | |
| South Korea |
AA- | Stable | 2010-07-11 | |
| Latvia |
BB | Stable | 2010-10-20 | |
| Lithuania |
BBB- | Stable | 2011-03-16 | |
| Luxembourg |
AAA | Stable | 2011-07-11 | |
| Macau |
AA+ | Stable | 2010-10-20 | |
 Madagascar |
CCC | Stable | 2011-03-16 | |
| Malaysia |
A+ | Stable | 2011-06-21 | |
| Mexico |
BBB | Stable | 2010-07-11 | |
| Mongolia |
B+ | Stable | 2011-06-28 | |
| Morocco |
BBB+ | Negative | 2011-10-10 | |
| Netherlands |
AA+ | Stable | 2011-06-02 | |
| New Zealand |
AA+ | Stable | 2010-07-11 | |
| Nigeria |
BB+ | Stable | 2010-07-11 | |
| Norway |
AAA | Stable | 2010-07-11 | |
| Pakistan |
CCC | Stable | 2011-09-08 | |
| Peru |
BBB+ | Stable | 2010-10-20 | |
| Philippines |
B+ | Stable | 2010-07-11 | |
| Poland |
A- | Negative | 2011-08-02 | |
| Portugal |
BB+ | Negative | 2011-11-24 | |
| Kingdom of Romania |
BB | Negative | 2010-07-11 | |
| Russia |
A | Stable | 2010-07-11 | |
| Saudi Arabia |
AA | Stable | 2011-07-01 | |
| Singapore |
AAA | Stable | 2010-07-11 | |
| South Africa |
A | Negative | 2011-08-29 | |
| Spain |
A | Negative | 2011-06-21 | |
| Sri Lanka |
B+ | Stable | 2011-03-16 | |
 Sudan |
C | Stable | 2010-12-06 | |
| Sweden |
AA+ | Stable | 2010-10-20 | |
| Switzerland |
AAA | Stable | 2010-07-11 | |
| Republic of China |
AA- | Stable | 2010-10-20 | |
| Thailand |
BBB | Stable | 2010-07-11 | |
| Tunisia |
BBB+ | Stable | 2010-10-20 | |
| Turkey |
BB- | Stable | 2010-07-11 | |
| United Kingdom |
A+ | Negative | 2011-05-27 | |
| United States |
A | Negative | 2011-08-03 | |
| Ukraine |
B- | Stable | 2010-07-11 | |
| United Arab Emirates |
BBB- | Stable | 2010-08-09 | |
| Uruguay |
BB+ | Positive | 2010-12-06 | |
| Venezuela |
BB+ | Stable | 2010-07-11 | |
| Vietnam |
B+ | Negative | 2011-08-31 |
Not rated
UN member states that have not been assigned a credit rating by any of the four rating agencies.| Country | Details |
|---|---|
 Afghanistan |
|
 Algeria |
|
 Antigua and Barbuda |
|
 Bhutan |
|
 Brunei |
|
 Burundi |
|
 Central African Republic |
|
 Chad |
|
 Comoros |
|
 Republic of the Congo |
|
 Côte d'Ivoire |
|
 Djibouti |
|
 Dominica |
|
 Equatorial Guinea |
|
 Eritrea |
|
 Ethiopia |
|
| Fitch has suspended Gambia’s credit rating after its only traded international bond expired. | |
 Guinea |
|
 Guinea-Bissau |
|
 Guyana |
|
 Haiti |
|
| Fitch has withdrawn all ratings for Iran following the maturity and full repayment of the last outstanding sovereign eurobond on 21 April 2008. | |
 Iraq |
|
 Kiribati |
|
 North Korea |
|
 Kyrgyzstan |
|
 Laos |
|
 Liberia |
|
| Fitch has withdrawn all ratings for Libya because it doesn't have enough information to maintain coverage of the issuer. | |
 Malawi |
|
 Maldives |
|
| Mali was given a credit rating in 2004 as part of a UN development initiative, but the rating was later withdrawn. | |
 Marshall Islands |
|
 Mauritania |
|
 Federated States of Micronesia |
|
 Monaco |
|
 Myanmar |
|
 Nauru |
|
 Nepal |
|
 Niger |
|
 Palau |
|
 Saint Kitts and Nevis |
|
 Saint Lucia |
|
 Samoa |
|
 São Tomé and Príncipe |
|
 Sierra Leone |
|
 Solomon Islands |
|
 Somalia |
|
 Swaziland |
|
 Syria |
|
 Tajikistan |
|
 Tanzania |
|
 Togo |
|
 Tonga |
|
 Turkmenistan |
Moody has withdrawn its rating because it had insufficient information to maintain coverage of the issuer. |
 Tuvalu |
|
 Uzbekistan |
The Uzbek government aims to obtain a sovereign credit rating by 2015. |
 Vanuatu |
|
 Yemen |
|
 Zimbabwe |