Skip to main content
Go to CIA.gov
Field Listing

Credit ratings

155 Results
Filter
All

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 (2021)

Standard & Poors rating: B+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Algeria

note: The year refers to the year in which the current credit rating was first obtained.

Andorra

Fitch rating: A- (2022)

Moody's rating: Baa2 (2022)

Standard & Poors rating: BBB+ (2023)

note: The year refers to the year in which the current credit rating was first obtained.

Angola

Fitch rating: CCC (2020)

Moody's rating: Caa1 (2020)

Standard & Poors rating: CCC+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Argentina

Fitch rating: CCC (2020)

Moody's rating: Ca (2020)

Standard & Poors rating: CCC+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Armenia

Fitch rating: B+ (2020)

Moody's rating: Ba3 (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Aruba

Fitch rating: BB (2020)

Standard & Poors rating: BBB+ (2013)

note: The year refers to the year in which the current credit rating was first obtained.

Australia

Fitch rating: AAA (2011)

Moody's rating: Aaa (2002)

Standard & Poors rating: AAA (2003)

note: The year refers to the year in which the current credit rating was first obtained.

Austria

Fitch rating: AA+ (2015)

Moody's rating: Aa1 (2016)

Standard & Poors rating: AA+ (2012)

note: The year refers to the year in which the current credit rating was first obtained.

Azerbaijan

Fitch rating: BB+ (2016)

Moody's rating: Ba2 (2017)

Standard & Poors rating: BB+ (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Bahamas, The

Moody's rating: Ba2 (2020)

Standard & Poors rating: BB- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Bahrain

Fitch rating: B+ (2020)

Moody's rating: B2 (2018)

Standard & Poors rating: B+ (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Bangladesh

Fitch rating: BB- (2014)

Moody's rating: Ba3 (2012)

Standard & Poors rating: BB- (2010)

note: The year refers to the year in which the current credit rating was first obtained.

Barbados

Moody's rating: Caa1 (2019)

Standard & Poors rating: B- (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Belarus

Fitch rating: B (2018)

Moody's rating: B3 (2018)

Standard & Poors rating: B (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Belgium

Fitch rating: AA- (2016)

Moody's rating: Aa3 (2011)

Standard & Poors rating: AA (2011)

note: The year refers to the year in which the current credit rating was first obtained.

Belize

Moody's rating: Caa3 (2020)

Standard & Poors rating: CCC+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Benin

Fitch rating: B (2019)

Moody's rating: B2 (2019)

Standard & Poors rating: B+ (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Bermuda

Fitch rating: N/A (2015)

Moody's rating: A2 (2016)

Standard & Poors rating: A+ (2015)

note: The year refers to the year in which the current credit rating was first obtained.

Bolivia

Fitch rating: B (2020)

Moody's rating: B2 (2020)

Standard & Poors rating: B+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Bosnia and Herzegovina

Moody's rating: B3 (2012)

Standard & Poors rating: B (2011)

note: The year refers to the year in which the current credit rating was first obtained.

Botswana

Moody's rating: A2 (2020)

Standard & Poors rating: BBB+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Brazil

Fitch rating: BB (2023)

Moody's rating: Ba2 (2016)

Standard & Poors rating: BB- (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Bulgaria

Fitch rating: BBB (2017)

Moody's rating: Baa1 (2020)

Standard & Poors rating: BBB (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Burkina Faso

Standard & Poors rating: B (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Cabo Verde

Fitch rating: B- (2020)

Standard & Poors rating: B (2013)

note: The year refers to the year in which the current credit rating was first obtained.

Cambodia

Moody's rating: B2 (2007)

Standard & Poors rating: N/A (2014)

note: The year refers to the year in which the current credit rating was first obtained.

Cameroon

Fitch rating: B (2006)

Moody's rating: B2 (2016)

Standard & Poors rating: B- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Canada

Fitch rating: AA+ (2020)

Moody's rating: Aaa (2002)

Standard & Poors rating: AAA (2002)

note: The year refers to the year in which the current credit rating was first obtained.

Cayman Islands

Moody's rating: Aa3 (1997)

note: The year refers to the year in which the current credit rating was first obtained.

Chile

Fitch rating: A- (2020)

Moody's rating: A1 (2018)

Standard & Poors rating: A+ (2017)

note: The year refers to the year in which the current credit rating was first obtained.

China

Fitch rating: A+ (2007)

Moody's rating: A1 (2017)

Standard & Poors rating: A+ (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Colombia

Fitch rating: BBB- (2020)

Moody's rating: Baa2 (2014)

Standard & Poors rating: BBB- (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Congo, Democratic Republic of the

Moody's rating: Caa1 (2019)

Standard & Poors rating: CCC+ (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Congo, Republic of the

Fitch rating: CCC (2019)

Moody's rating: Caa2 (2018)

Standard & Poors rating: CCC+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Costa Rica

Fitch rating: B (2020)

Moody's rating: B2 (2020)

Standard & Poors rating: B (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Cote d'Ivoire

Fitch rating: B+ (2015)

Moody's rating: Ba3 (2015)

note: The year refers to the year in which the current credit rating was first obtained.

Croatia

Fitch rating: BBB- (2019)

Moody's rating: Ba1 (2020)

Standard & Poors rating: BBB- (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Cuba

Moody's rating: Caa2 (2014)

note: The year refers to the year in which the current credit rating was first obtained.

Cyprus

Fitch rating: BBB- (2018)

Moody's rating: Ba2 (2018)

Standard & Poors rating: BBB- (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Czechia

Fitch rating: AA- (2018)

Moody's rating: Aa3 (2019)

Standard & Poors rating: AA- (2011)

note: The year refers to the year in which the current credit rating was first obtained.

Denmark

Fitch rating: AAA (2003)

Moody's rating: Aaa (1999)

Standard & Poors rating: AAA (2001)

note: The year refers to the year in which the current credit rating was first obtained.

Dominican Republic

Fitch rating: BB- (2016)

Moody's rating: Ba3 (2017)

Standard & Poors rating: BB- (2015)

note: The year refers to the year in which the current credit rating was first obtained.

Ecuador

Fitch rating: B- (2020)

Moody's rating: Caa3 (2020)

Standard & Poors rating: B- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Egypt

Fitch rating: B+ (2019)

Moody's rating: B2 (2019)

Standard & Poors rating: B (2018)

note: The year refers to the year in which the current credit rating was first obtained.

El Salvador

Fitch rating: B- (2017)

Moody's rating: B3 (2018)

Standard & Poors rating: B- (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Estonia

Fitch rating: AA- (2018)

Moody's rating: A1 (2002)

Standard & Poors rating: AA- (2011)

note: The year refers to the year in which the current credit rating was first obtained.

Eswatini

Moody's rating: B3 (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Ethiopia

Fitch rating: B (2014)

Moody's rating: B2 (2020)

Standard & Poors rating: B (2014)

note: The year refers to the year in which the current credit rating was first obtained.

European Union

Fitch rating: AAA (2010)

Moody's rating: Aaa (2014)

Standard & Poors rating: AA (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Fiji

Moody's rating: Ba3 (2017)

Standard & Poors rating: BB- (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Finland

Fitch rating: AA+ (2016)

Moody's rating: Aa1 (2016)

Standard & Poors rating: AA+ (2014)

note: The year refers to the year in which the current credit rating was first obtained.

France

Fitch rating: AA (2014)

Moody's rating: Aa2 (2015)

Standard & Poors rating: AA (2013)

note: The year refers to the year in which the current credit rating was first obtained.

Gabon

Fitch rating: CCC (2020)

Moody's rating: Caa1 (2018)

Standard & Poors rating: N/A (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Georgia

Fitch rating: BB (2019)

Moody's rating: Ba2 (2017)

Standard & Poors rating: BB (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Germany

Fitch rating: AAA (1994)

Moody's rating: Aaa (1986)

Standard & Poors rating: AAA (1983)

note: The year refers to the year in which the current credit rating was first obtained. Credit ratings prior to 1989 refer to West Germany.

Ghana

Fitch rating: B (2013)

Moody's rating: B3 (2015)

Standard & Poors rating: B- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Greece

Fitch rating: BB (2020)

Moody's rating: Ba3 (2020)

Standard & Poors rating: BB- (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Grenada

Standard & Poors rating: SD (2013)

note: The year refers to the year in which the current credit rating was first obtained.

Guatemala

Fitch rating: BB- (2020)

Moody's rating: Ba1 (2010)

Standard & Poors rating: BB- (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Honduras

Moody's rating: B1 (2017)

Standard & Poors rating: BB- (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Hong Kong

Fitch rating: AA- (2020)

Moody's rating: Aa3 (2020)

Standard & Poors rating: AA+ (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Hungary

Fitch rating: BBB (2019)

Moody's rating: Baa3 (2016)

Standard & Poors rating: BBB (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Iceland

Fitch rating: A (2017)

Moody's rating: A2 (2019)

Standard & Poors rating: A (2017)

note: The year refers to the year in which the current credit rating was first obtained.

India

Fitch rating: BBB- (2006)

Moody's rating: Baa3 (2020)

Standard & Poors rating: BBB- (2007)

note: The year refers to the year in which the current credit rating was first obtained.

Indonesia

Fitch rating: BBB (2017)

Moody's rating: Baa2 (2018)

Standard & Poors rating: BBB (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Iraq

Fitch rating: B- (2015)

Moody's rating: Caa1 (2017)

Standard & Poors rating: B- (2015)

note: The year refers to the year in which the current credit rating was first obtained.

Ireland

Fitch rating: A+ (2017)

Moody's rating: A2 (2017)

Standard & Poors rating: AA- (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Isle of Man

Moody's rating: Aa3 (2020)

Standard & Poors rating: N/A

note: The year refers to the year in which the current credit rating was first obtained.

Israel

Fitch rating: A+ (2016)

Moody's rating: A1 (2008)

Standard & Poors rating: AA- (2018)

note: the year refers to the year in which the current credit rating was first obtained.

Italy

Fitch rating: BBB- (2020)

Moody's rating: Baa3 (2018)

Standard & Poors rating: BBB (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Jamaica

Fitch rating: B+ (2019)

Moody's rating: B2 (2019)

Standard & Poors rating: B+ (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Japan

Fitch rating: A (2015)

Moody's rating: A1 (2014)

Standard & Poors rating: A+ (2015)

note: The year refers to the year in which the current credit rating was first obtained.

Jordan

Fitch rating: BB- (2019)

Moody's rating: B1 (2013)

Standard & Poors rating: B+ (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Kazakhstan

Fitch rating: BBB (2016)

Moody's rating: Baa3 (2016)

Standard & Poors rating: BBB- (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Kenya

Fitch rating: B+ (2007)

Moody's rating: B2 (2018)

Standard & Poors rating: B+ (2010)

note: The year refers to the year in which the current credit rating was first obtained.

Korea, South

Fitch rating: AA- (2012)

Moody's rating: Aa2 (2015)

Standard & Poors rating: AA (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Kuwait

Fitch rating: AA (2008)

Moody's rating: A1 (2020)

Standard & Poors rating: AA- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Kyrgyzstan

Moody's rating: B2 (2015)

Standard & Poors rating: NR (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Laos

Fitch rating: CCC (2020)

Moody's rating: Caa2 (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Latvia

Fitch rating: A- (2014)

Moody's rating: A3 (2015)

Standard & Poors rating: A+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Lebanon

Fitch rating: RD (2020)

Moody's rating: C (2020)

Standard & Poors rating: D (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Lesotho

Fitch rating: B (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Liechtenstein

Standard & Poors rating: AAA (1996)

note: The year refers to the year in which the current credit rating was first obtained.

Lithuania

Fitch rating: A (2020)

Moody's rating: A3 (2015)

Standard & Poors rating: A+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Luxembourg

Fitch rating: AAA (1994)

Moody's rating: Aaa (1989)

Standard & Poors rating: AAA (1994)

note: The year refers to the year in which the current credit rating was first obtained.

Macau

Fitch rating: AA (2018)

Moody's rating: Aa3 (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Malaysia

Fitch rating: BBB+ (2020)

Moody's rating: A3 (2004)

Standard & Poors rating: A- (2003)

note: The year refers to the year in which the current credit rating was first obtained.

Maldives

Fitch rating: CCC (2020)

Moody's rating: B3 (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Mali

Moody's rating: Caa1 (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Malta

Fitch rating: A+ (2017)

Moody's rating: A2 (2019)

Standard & Poors rating: A- (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Mauritius

Moody's rating: Baa1 (2012)

note: The year refers to the year in which the current credit rating was first obtained.

Mexico

Fitch rating: BBB- (2020)

Moody's rating: Baa1 (2020)

Standard & Poors rating: BBB (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Moldova

Moody's rating: B3 (2010)

note: The year refers to the year in which the current credit rating was first obtained.

Mongolia

Fitch rating: B (2018)

Moody's rating: B3 (2018)

Standard & Poors rating: B (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Montenegro

Moody's rating: B1 (2016)

Standard & Poors rating: B+ (2014)

note: The year refers to the year in which the current credit rating was first obtained.

Montserrat

Standard & Poors rating: BBB- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Morocco

Fitch rating: BB+ (2020)

Moody's rating: Ba1 (1999)

Standard & Poors rating: BBB- (2010)

note: The year refers to the year in which the current credit rating was first obtained.

Mozambique

Fitch rating: CCC (2019)

Moody's rating: Caa2 (2019)

Standard & Poors rating: CCC+ (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Namibia

Fitch rating: BB (2019)

Moody's rating: Ba3 (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Netherlands

Fitch rating: AAA (1994)

Moody's rating: Aaa (1986)

Standard & Poors rating: AAA (2015)

note: The year refers to the year in which the current credit rating was first obtained.

New Zealand

Fitch rating: AA (2011)

Moody's rating: Aaa (2002)

Standard & Poors rating: AA (2011)

note: The year refers to the year in which the current credit rating was first obtained.

Nicaragua

Fitch rating: B- (2018)

Moody's rating: B3 (2020)

Standard & Poors rating: B- (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Niger

Moody's rating: B3 (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Nigeria

Fitch rating: B (2020)

Moody's rating: B2 (2017)

Standard & Poors rating: B- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

North Macedonia

Fitch rating: BB+ (2019)

Standard & Poors rating: BB- (2013)

note: The year refers to the year in which the current credit rating was first obtained.

Norway

Fitch rating: AAA (1995)

Moody's rating: Aaa (1997)

Standard & Poors rating: AAA (1975)

note: The year refers to the year in which the current credit rating was first obtained.

Oman

Fitch rating: BB- (2020)

Moody's rating: Ba3 (2020)

Standard & Poors rating: B+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Pakistan

Fitch rating: B- (2018)

Moody's rating: B3 (2015)

Standard & Poors rating: B- (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Panama

Fitch rating: BBB (2011)

Moody's rating: Baa1 (2019)

Standard & Poors rating: BBB (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Papua New Guinea

Moody's rating: B2 (2016)

Standard & Poors rating: B- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Paraguay

Fitch rating: BB+ (2018)

Moody's rating: Ba1 (2015)

Standard & Poors rating: BB (2014)

note: The year refers to the year in which the current credit rating was first obtained.

Peru

Fitch rating: BBB+ (2013)

Moody's rating: A3 (2014)

Standard & Poors rating: BBB+ (2013)

note: The year refers to the year in which the current credit rating was first obtained.

Philippines

Fitch rating: BBB (2017)

Moody's rating: Baa2 (2014)

Standard & Poors rating: BBB+ (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Poland

Fitch rating: A- (2007)

Moody's rating: A2 (2002)

Standard & Poors rating: A- (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Portugal

Fitch rating: BBB (2007)

Moody's rating: Baa3 (2018)

Standard & Poors rating: BBB (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Puerto Rico

Standard & Poors rating: D (2015)

note: The year refers to the year in which the current credit rating was first obtained.

Qatar

Fitch rating: AA- (2017)

Moody's rating: Aa3 (2017)

Standard & Poors rating: AA- (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Romania

Fitch rating: BBB- (2011)

Moody's rating: Baa3 (2006)

Standard & Poors rating: BBB- (2014)

note: The year refers to the year in which the current credit rating was first obtained.

Russia

Fitch rating: BBB (2019)

Moody's rating: Baa3 (2019)

Standard & Poors rating: BBB- (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Rwanda

Fitch rating: B+ (2014)

Moody's rating: B2 (2016)

Standard & Poors rating: B+ (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Saint Vincent and the Grenadines

Moody's rating: B3 (2014)

note: The year refers to the year in which the current credit rating was first obtained.

San Marino

Fitch rating: BB+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Saudi Arabia

Fitch rating: A (2019)

Moody's rating: A1 (2016)

Standard & Poors rating: A- (2016)

note: The year refers to the year in which the current credit rating was first obtained.

Senegal

Moody's rating: Ba3 (2017)

Standard & Poors rating: B+ (2000)

note: The year refers to the year in which the current credit rating was first obtained.

Serbia

Fitch rating: BB+ (2019)

Moody's rating: Ba3 (2017)

Standard & Poors rating: BB+ (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Seychelles

Fitch rating: B+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Singapore

Fitch rating: AAA (2003)

Moody's rating: Aaa (2002)

Standard & Poors rating: AAA (1995)

note: The year refers to the year in which the current credit rating was first obtained.

Slovakia

Fitch rating: A (2020)

Moody's rating: A2 (2012)

Standard & Poors rating: A+ (2015)

note: The year refers to the year in which the current credit rating was first obtained.

Slovenia

Fitch rating: A (2019)

Moody's rating: A3 (2020)

Standard & Poors rating: AA- (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Solomon Islands

Moody's rating: B3 (2015)

note: The year refers to the year in which the current credit rating was first obtained.

South Africa

Fitch rating: BB- (2020)

Moody's rating: Ba2 (2020)

Standard & Poors rating: BB- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Spain

Fitch rating: A- (2018)

Moody's rating: Baa1 (2018)

Standard & Poors rating: A (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Sri Lanka

Fitch rating: CCC (2020)

Moody's rating: Caa1 (2020)

Standard & Poors rating: CCC+ (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Suriname

Fitch rating: C (2020)

Moody's rating: Caa3 (2020)

Standard & Poors rating: SD (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Sweden

Fitch rating: AAA (2004)

Moody's rating: Aaa (2002)

Standard & Poors rating: AAA (2004)

note: The year refers to the year in which the current credit rating was first obtained.

Switzerland

Fitch rating: AAA (2000)

Moody's rating: Aaa (1982)

Standard & Poors rating: AAA (1988)

note: The year refers to the year in which the current credit rating was first obtained.

Taiwan

Fitch rating: AA- (2016)

Moody's rating: Aa3 (1994)

Standard & Poors rating: AA- (2002)

note: The year refers to the year in which the current credit rating was first obtained.

Tajikistan

Moody's rating: B3 (2017)

Standard & Poors rating: B- (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Tanzania

Moody's rating: B2 (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Thailand

Fitch rating: BBB+ (2013)

Moody's rating: Baa1 (2003)

Standard & Poors rating: BBB+ (2004)

note: The year refers to the year in which the current credit rating was first obtained.

Togo

Moody's rating: B3 (2019)

Standard & Poors rating: B (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Trinidad and Tobago

Moody's rating: Ba1 (2017)

Standard & Poors rating: BBB- (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Tunisia

Fitch rating: B (2020)

Moody's rating: B2 (2018)

Standard & Poors rating: N/A (2013)

note: The year refers to the year in which the current credit rating was first obtained.

Turkey (Turkiye)

Fitch rating: BB- (2019)

Moody's rating: B2 (2020)

Standard & Poors rating: B+ (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Uganda

Fitch rating: B+ (2015)

Moody's rating: B2 (2016)

Standard & Poors rating: B (2014)

note: The year refers to the year in which the current credit rating was first obtained.

Ukraine

Fitch rating: CC (2022)

Moody's rating: Ca (2023)

Standard & Poors rating: CCC (2023)

note: The year refers to the year in which the current credit rating was first obtained.

United Arab Emirates

Fitch rating: AA- (2020)

Moody's rating: Aa2 (2007)

Standard & Poors rating: AA (2007)

note: The year refers to the year in which the current credit rating was first obtained.

United Kingdom

Fitch rating: AA- (2020)

Moody's rating: Aaa (2020)

Standard & Poors rating: AA (2016)

note: The year refers to the year in which the current credit rating was first obtained.

United States

Fitch rating: AAA (1994)

Moody's rating: Aaa (1949)

Standard & Poors rating: AA+ (2011)

note: The year refers to the year in which the current credit rating was first obtained.

Uruguay

Fitch rating: BBB- (2013)

Moody's rating: Baa2 (2014)

Standard & Poors rating: BBB (2015)

note: The year refers to the year in which the current credit rating was first obtained.

Uzbekistan

Fitch rating: BB- (2018)

Moody's rating: B1 (2019)

Standard & Poors rating: BB- (2018)

note: The year refers to the year in which the current credit rating was first obtained.

Venezuela

Fitch rating: RD (2017)

Moody's rating: WR (2019)

Standard & Poors rating: SD (2017)

note: The year refers to the year in which the current credit rating was first obtained.

Vietnam

Fitch rating: BB (2018)

Moody's rating: Ba3 (2018)

Standard & Poors rating: BB (2019)

note: The year refers to the year in which the current credit rating was first obtained.

Zambia

Fitch rating: RD (2020)

Moody's rating: Ca (2020)

Standard & Poors rating: SD (2020)

note: The year refers to the year in which the current credit rating was first obtained.