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 three major credit rating agencies: Standard & Poor's, Fitch, and Moody's. The ratings of DBRS, China Chengxin Credit Rating Group, Dagong and JCR are also included. The list also includes all country subdivisions issuing sovereign bonds, but it excludes regions, provinces and municipalities issuing sub-sovereign bonds.

Countries' ratings in different methods

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.[1]

Financial ratings of European States by Standard & Poor's (foreign currency)
Country Rating Outlook Date Ref.
 Abu Dhabi, UAE AA Stable 2012-02-20 [2]
 Afghanistan Not rated
 Albania B+ Stable 2012-02-20 [2]
 Algeria Not rated
 Andorra BBB- Stable 2016-07-29 [2]
 Angola B Stable 2016-02-12 [2]
 Antigua and Barbuda Not rated
 Argentina B- Stable 2016-05-06 [3]
 Armenia Not rated
 Aruba BBB+ Stable 2014-07-20 [2]
 Australia AAA Negative 2016-07-06 [2]
 Austria AA+ Stable 2013-01-29 [2]
 Azerbaijan BB+ Negative 2016-07-29 [2]
 Bahamas BBB- Negative 2015-08-25 [2]
 Bahrain BB Stable 2016-02-17 [2]
 Bangladesh BB- Stable 2010-04-05 [2]
 Barbados B- Negative 2016-09-23 [2]
 Belarus B- Stable 2013-10-18 [2]
 Belgium AA Stable 2014-02-28 [2]
 Belize CCC+ Negative 2016-11-14 [2]
 Benin Not rated
 Bermuda A+ Stable 2015-04-28 [2]
 Bhutan Not rated
 Bolivia BB Stable 2014-05-16 [2]
 Bosnia and Herzegovina B Stable 2012-03-28 [2]
 Botswana A- Negative 2016-04-29 [2]
 Brazil BB Negative 2016-02-17 [2]
 Brunei Not rated
 Bulgaria BB+ Stable 2014-12-12 [2]
 Burkina Faso B- Positive 2016-05-27 [2]
 Burundi Not rated
 Cambodia Not rated
 Cameroon B Stable 2012-02-20 [2]
 Canada AAA Stable 2002-07-29 [2]
 Cape Verde B Stable 2016-10-07 [2]
 Central African Republic Not rated
 Chad Not rated
 Chile AA- Positive 2012-12-26 [2]
 China AA- Negative 2016-03-31 [4]
 Colombia BBB Negative 2016-02-16 [2]
 Comoros Not rated
 Congo, D. R. B- Negative 2016-02-05 [2]
 Congo, Republic B- Stable 2016-08-09 [2]
 Cook Islands B+ Stable 2011-12-14 [2]
 Costa Rica BB- Negative 2016-02-25 [2]
 Croatia BB Negative 2015-07-17 [2]
 Cuba Not rated
 Curacao A- Stable 2013-06-14 [2]
 Cyprus BB Positive 2016-09-16 [2]
 Czech Republic AA- Stable 2011-08-24 [2]
 Denmark AAA Stable 2001-02-27 [2]
 Djibouti Not rated
 Dominica Not rated
 Dominican Republic BB- Stable 2015-05-20 [2]
 East Timor Not rated
 Ecuador B Stable 2015-08-12 [2]
 Egypt B- Stable 2016-11-11 [2][5]
 El Salvador B Watch negative 2016-10-13 [2]
 Equatorial Guinea Not rated
 Eritrea Not rated
 Ethiopia B Stable 2014-05-09 [2]
 European Union AA Stable 2016-06-30 [2]
 Estonia AA- Stable 2012-10-19 [2][6]
 Fiji B+ Stable 2015-05-01 [2]
 Finland AA+ Stable 2016-09-16 [2]
 France AA Stable 2016-10-21 [2]
 French Polynesia BBB- Stable 2016-05-06 [2]
 Gambia Not rated
 Georgia BB- Stable 2011-11-22 [2]
 Germany AAA Stable 2012-01-13 [2]
 Ghana B- Stable 2014-10-24 [2]
 Greece B- Stable 2016-01-22 [2]
 Grenada Not rated
 Guatemala BB Negative 2016-10-27 [2]
 Guernsey AA- Stable 2016-07-08 [2]
 Guinea Not rated
 Guinea-Bissau Not rated
 Guyana Not rated
 Haiti Not rated
 Honduras B+ Positive 2016-07-18 [2]
 Hong Kong AAA Negative 2016-03-31 [2]
 Hungary BBB- Stable 2016-09-16 [2]
 Iceland BBB+ Stable 2016-01-15 [2]
 India BBB- Stable 2014-09-26 [2]
 Indonesia BB+ Positive 2015-05-21 [2]
 Iran Not rated
 Iraq B- Stable 2015-09-03 [2]
 Ireland A+ Stable 2015-06-05 [2]
 Isle of Man AA+ Stable 2011-11-29 [2]
 Israel A+ Stable 2011-09-09 [2]
 Italy BBB- Stable 2014-12-05 [2]
 Ivory Coast Not rated
 Jamaica B Stable 2015-06-04 [2]
 Japan A+ Stable 2015-09-16 [2]
 Jordan BB- Negative 2016-04-22 [2]
 Kazakhstan BBB- Negative 2016-02-17 [2]
 Kenya B+ Stable 2016-10-14 [2]
 Kiribati Not rated
 Kosovo Not rated
 Kuwait AA Stable 2011-07-20 [2]
 Kyrgyzstan Not rated
 Laos Not rated
 Latvia A- Stable 2014-05-30 [2][7]
 Lebanon B- Stable 2016-09-02 [2]
 Lesotho Not rated
 Liberia Not rated
 Libya Not rated
 Liechtenstein AAA Stable 2016-02-26 [2]
 Lithuania A- Stable 2014-04-11 [2]
 Luxembourg AAA Stable 2013-01-14 [2]
 Macedonia BB- Stable 2013-05-24 [2]
 Madagascar Not rated
 Malawi Not rated
 Malaysia A- Stable 2008-05-15 [2]
 Maldives Not rated
 Mali Not rated
 Malta A- Stable 2016-10-14 [2][8]
 Marshall Islands Not rated
 Mauritius Not rated
 Mexico BBB+ Negative 2016-08-23 [2]
 Moldova Not rated
 Monaco Not rated
 Mongolia B- Stable 2016-08-19 [2]
 Montenegro B+ Negative 2016-03-13 [2]
 Montserrat BBB- Stable 2011-09-02 [2]
 Morocco BBB- Stable 2011-11-29 [2]
 Mozambique CC Negative 2016-11-04 [2]
 Myanmar Not rated
 Namibia Not rated
 Nauru Not rated
   Nepal Not rated
 Netherlands AAA Stable 2015-11-20 [2]
 New Zealand AA Stable 2011-11-29 [2]
 Nicaragua B+ Stable 2016-02-11 [2]
 Niger Not rated
 Nigeria B Stable 2016-09-16 [2]
 North Korea Not rated
 Norway AAA Stable 1990-11-08 [2]
 Oman BBB- Negative 2016-11-11 [2]
 Pakistan B Stable 2016-10-31 [2]
 Palau Not rated
 Panama BBB Stable 2012-07-02 [2]
 Papua New Guinea B+ Negative 2015-10-08 [2]
 Paraguay BB Stable 2016-06-15 [2]
 Peru BBB+ Stable 2013-08-19 [2]
 Philippines BBB Stable 2014-05-08 [9][10]
 Poland BBB+ Negative 2016-01-15 [2]
 Portugal BB+ Stable 2015-09-18 [2]
 Qatar AA Stable 2010-07-05 [2]
 Ras Al Khaimah, UAE A Stable 2014-10-13 [2]
 Romania BBB- Stable 2014-05-16 [2]
 Russia BB+ Stable 2016-09-16 [11]
 Rwanda B Stable 2016-09-09 [2]
 Samoa Not rated
 San Marino Not rated
 São Tomé and Príncipe Not rated
 Saudi Arabia A- Stable 2016-02-17 [2]
 Senegal B+ Stable 2013-07-05 [2]
 Serbia BB- Stable 2016-01-15 [2]
 Seychelles Not rated
 Sharjah, UAE A Negative 2016-08-05 [2]
 Sierra Leone Not rated
 Singapore AAA Stable 1995-03-06 [2]
 Slovakia A+ Stable 2015-07-31 [2]
 Slovenia A Stable 2016-06-17 [2][12]
 Solomon Islands Not rated
 Somalia Not rated
 South Africa BBB- Negative 2015-12-04 [13]
 South Korea AA Stable 2016-08-07 [14]
 South Sudan Not rated
 Spain BBB+ Stable 2015-10-02 [2]
 Sri Lanka B+ Negative 2016-03-10 [2]
 St. Kitts and Nevis Not rated
 St. Lucia Not rated
 St. Vincent/Grenadines Not rated
 Sudan Not rated
 Suriname B+ Negative 2016-04-25 [2]
 Swaziland Not rated
 Sweden AAA Stable 2004-02-16 [2][15]
  Switzerland AAA Stable 1989-06-26 [2]
 Syria Not rated
 Taiwan AA- Stable 2010-06-10 [2]
 Tajikistan Not rated
 Tanzania Not rated
 Thailand BBB+ Stable 2010-12-09 [2]
 Togo Not rated
 Tonga Not rated
 Trinidad and Tobago A- Negative 2016-04-22 [2]
 Tunisia Not rated
 Turkey BB Stable 2016-11-14 [2]
 Tuvalu Not rated
 Uganda B Stable 2014-01-17 [2]
 Ukraine B- Stable 2015-10-19 [2]
 United Kingdom AA Negative 2016-06-27 [2]
 United States AA+ Stable 2013-06-10 [2]
 Uruguay BBB Negative 2016-06-06 [2]
 Uzbekistan Not rated
 Vanuatu Not rated
 Venezuela CCC Negative 2015-02-09 [2]
 Vietnam BB- Stable 2012-06-06 [2]
 Yemen Not rated
 Zambia B Negative 2016-03-18 [2]
 Zimbabwe Not rated

Fitch Ratings

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.[16]

Financial ratings of European States by Fitch Ratings on 16 August 2014
Country Rating Outlook Date Ref.
 Abu Dhabi AA Stable 2011-11-21 [17]
 Angola BB- Stable 2011-11-21 [17]
 Argentina B Stable 2016-05-10 [18]
 Armenia BB- Stable 2011-11-21 [17]
 Aruba BBB- Stable 2016-04-26 [19]
 Australia AAA Stable 2011-11-29 [20]
 Austria AA+ Stable 2016-02-05 [17]
 Azerbaijan BBB- Positive 2011-11-21 [17]
 Bahrain BBB Stable 2011-11-21 [17]
 Belgium AA Stable 2013-01-24 [17]
 Benin B Stable 2011-11-21 [17]
 Bermuda AA+ Stable 2011-11-21 [17]
 Bolivia B+ Stable 2011-11-21 [17]
 Brazil BB Negative 2016-05-05 [17]
 Bulgaria BBB- Stable 2014-01-10 [17]
 Cameroon B Stable 2011-11-21 [17]
 Canada AAA Stable 2011-11-21 [17]
 Cape Verde B+ Stable 2011-11-21 [17]
 Chile A+ Stable 2011-11-21 [17]
 China A+ Stable 2011-11-21 [17]
 Colombia BBB Stable 2013-12-10 [17][21]
 Costa Rica BB+ Stable 2011-11-21 [17]
 Croatia BB Stable 2014-08-09 [17]
 Cyprus BB- Positive 2016-10-22 [17]
 Czech Republic A+ Positive 2011-11-21 [17]
 Denmark AAA Stable 2011-11-21 [17]
 Dominican Republic B+ Stable 2014-11-21 [17]
 Ecuador B Stable 2013-10-18 [17]
 Egypt B Stable 2014-12-19 [17][22][23]
 El Salvador BB- Stable 2013-07-16 [24]
 Estonia A+ Stable 2011-11-21 [17]
 Ethiopia B Stable 2015-10-09 [25]
 Finland AA+ Stable 2016-03-11 [17]
 France AA Stable 2014-12-12 [26]
 Gabon BB- Stable 2011-11-21 [17]
 Georgia B+ Positive 2011-11-21 [17]
 Germany AAA Stable 2011-11-21 [17]
 Ghana B+ Stable 2011-11-21 [17]
 Greece CCC Negative 2015-06-30 [17]
 Guatemala BB+ Stable 2011-11-21 [17]
 Hong Kong AA+ Stable 2011-11-21 [17]
 Hungary BBB- Positive 2016-05-20 [17][27]
 Iceland BBB+ Stable 2015-07-24 [17][28]
 India BBB- Stable 2013-06-12 [17][29][30]
 Indonesia BBB- Stable 2011-12-15 [17]
 Ireland A- Stable 2014-08-15 [17]
 Israel A+ Stable 2016-11-11 [17][31]
 Italy BBB+ Stable 2014-04-25 [17][32]
 Jamaica B- Stable 2011-11-21 [17]
 Japan A Negative 2016-06-13 [17][33]
 Kazakhstan BBB Positive 2011-11-21 [17]
 Kenya B+ Stable 2011-11-21 [17]
 Kuwait AA Stable 2011-11-21 [17]
 Latvia A- Stable 2014-06-20 [34]
 Lebanon B Stable 2011-11-21 [17]
 Lesotho BB- Negative 2011-11-21 [17]
 Lithuania A- Stable 2014-06-25 [35]
 Luxembourg AAA Stable 2011-11-21 [17]
 Macedonia BB+ Stable 2011-11-21 [17]
 Malaysia A- Stable 2011-11-21 [17]
 Malta A+ Stable 2011-11-21 [17]
 Mexico BBB+ Stable 2013-04-08 [17]
 Mongolia B+ Stable 2011-11-21 [17]
 Morocco BBB- Stable 2011-11-21 [17]
 Mozambique B Stable 2011-11-21 [17]
 Namibia BBB- Positive 2011-11-21 [17]
 Netherlands AAA Stable 2011-11-21 [17]
 New Zealand AA Stable 2011-11-21 [17]
 Nigeria BB- Stable 2011-11-21 [17]
 Norway AAA Stable 2011-11-21 [17]
 Pakistan B Stable 2015-09-15 [17][36]
 Panama BBB Stable 2011-11-21 [17]
 Peru BBB+ Stable 2013-10-23 [17]
 Philippines BBB- Stable 2013-03-27 [17][37]
 Poland A- Stable 2013-02-21 [17]
 Portugal BB+ Positive 2011-11-21 [17]
 Ras Al Khaimah, UAE A Stable 2011-11-21 [17]
 Romania BBB- Stable 2011-11-21 [17]
 Russia BBB- Negative 2015-01-09 [38]
 Rwanda B Stable 2011-11-21 [17]
 San Marino BBB+ Negative 2012-07-23 [17]
 Saudi Arabia AA Stable 2014-03-21 [17]
 Serbia BB- Stable 2016-06-17 [17][39]
 Seychelles B Stable 2011-11-21 [17]
 Singapore AAA Stable 2011-11-21 [17]
 Slovakia A+ Stable 2011-11-21 [17]
 Slovenia A- Stable 2016-09-26 [17]
 South Africa BBB Stable 2013-01-10 [17]
 South Korea AA- Stable 2012-09-07 [40]
 Spain BBB+ Stable 2014-04-25 [17]
 Sri Lanka BB- Stable 2011-11-21 [17]
 Suriname BB- Stable 2012-07-10 [17]
 Sweden AAA Stable 2011-11-21 [17]
  Switzerland AAA Stable 2011-11-21 [17]
 Taiwan A+ Stable 2011-11-21 [17]
 Thailand BBB+ Stable 2013-03-08 [17]
 Tunisia BB- Negative 2013-10-30 [17]
 Turkey BBB- Negative 2016-08-19 [17]
 Uganda B Stable 2011-11-21 [17]
 Ukraine B- Stable 2016-11-11 [17]
 United Kingdom AA Negative 2016-06-27 [41]
 United States AAA Stable 2014-03-21 [42]
 Uruguay BBB- Stable 2011-11-21 [17]
 Venezuela CCC Negative 2014-12-18 [17]
 Vietnam B+ Stable 2011-11-21 [17]
 Zambia B+ Stable 2011-11-21 [17]

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.[43]

Financial ratings of European States by Moody's on 1 July 2016 (last change 14 May)
Country Rating Outlook Date Ref.
 Albania B1 Stable 2011-08-05 [44]
 Angola B1 Negative 2016-04-29 [44]
 Argentina B3 Stable 2016-04-15 [45][44]
 Armenia B1 Stable 2016-03-18 [44]
 Australia Aaa Stable 2011-08-05 [44]
 Austria Aa1 Stable 2016-06-24 [44][46]
 Azerbaijan Ba1 Negative 2016-04-29 [44]
 Bahamas Baa2 Negative 2016-07-01 [44]
 Bahrain Ba2 Negative 2016-05-14 [44]
 Bangladesh Ba3 Stable 2011-08-05 [44]
 Barbados Caa1 Stable 2016-04-01 [44]
 Belarus Caa1 Stable 2016-06-17 [44]
 Belgium Aa3 Stable 2014-03-07 [47]
 Belize Caa2 Stable 2015-06-17 [44]
 Bermuda A2 Stable 2016-06-03 [44]
 Bolivia Ba3 Negative 2016-06-10 [44]
 Bosnia and Herzegovina B3 Stable 2016-02-28 [44]
 Botswana A2 Stable 2016-04-11 [44]
 Brazil Ba2 Negative 2016-02-24 [48]
 Bulgaria Baa2 Stable 2011-08-05 [44]
 Cambodia B2 Stable 2011-08-05 [44]
 Canada Aaa Stable 2011-08-05 [44]
 Cayman Islands Aa3 Stable 2011-08-05 [44]
 Chile Aa3 Stable 2011-08-05 [44]
 China Aa3 Negative 2016-03-02 [44]
 Colombia Baa2 Stable 2014-07-28 [44][49]
 Costa Rica Ba1 Negative 2016-02-08 [44]
 Croatia Ba2 Negative 2016-03-11 [44]
 Cuba Caa2 Positive 2015-12-10 [44]
 Cyprus B1 Positive 2016-11-15 [44][50]
 Czech Republic A1 Stable 2012-07-18 [44]
 Denmark Aaa Stable 2011-08-05 [44]
 Dominican Republic B1 Positive 2016-06-29 [44]
 Ecuador B3 Stable 2015-10-02 [44]
 Egypt B3 Stable 2015-04-07 [51][52]
 El Salvador B1 Negative 2016-08-11 [44]
 Estonia A1 Stable 2011-08-05 [44]
 Ethiopia B1 Stable 2015-05-29 [53]
 Fiji B1 Positive 2016-05-06 [44]
 Finland Aa1 Stable 2016-06-03 [44]
 France Aa2 Stable 2015-09-18 [44][54]
 Georgia Ba3 Stable 2011-08-05 [44]
 Germany Aaa Stable 2013-09-06 [55]
 Greece Caa3 Stable 2015-09-25 [44]
 Guatemala Ba1 Stable 2011-08-05 [44]
 Honduras B2 Positive 2016-05-24 [44]
 Hong Kong Aa1 Negative 2016-03-12 [44]
 Hungary Baa3 Stable 2016-11-05 [56]
 Iceland Baa2 Positive 2016-06-10 [44]
 India Baa3 Positive 2011-08-05 [44]
 Indonesia Baa3 Stable 2012-01-18 [44]
 Ireland A3 Positive 2016-05-14 [44][57]
 Isle of Man Aa1 Negative 2016-06-30 [58]
 Israel A1 Stable 2011-08-05 [44]
 Italy Baa2 Stable 2013-02-15 [44][59]
 Jamaica Caa2 Positive 2015-05-28 [44]
 Japan A1 Stable 2014-12-01 [44]
 Jordan B1 Stable 2013-06-26 [44]
 Kazakhstan Baa3 Negative 2016-04-22 [44]
 Kuwait Aa2 Negative 2016-05-14 [44]
 Latvia A3 Stable 2014-06-14 [60]
 Lebanon B2 Negative 2016-06-02 [44]
 Lithuania A3 Stable 2015-05-09 [44]
 Luxembourg Aaa Stable 2014-02-28 [61]
 Macao Aa3 Negative 2016-05-25 [44]
 Malaysia A3 Stable 2011-08-05 [44]
 Maldives B2 Stable 2016-09-02 [62]
 Malta A3 Stable 2013-08-05 [44]
 Mauritius Baa1 Stable 2015-05-29 [63]
 Mexico A3 Negative 2016-03-31 [44]
 Moldova B3 Negative 2015-07-31 [44]
 Mongolia B2 Negative 2016-01-14 [44]
 Montenegro Ba3 Stable 2011-08-05 [44]
 Morocco Ba1 Stable 2011-08-05 [44]
 Netherlands Aaa Stable 2014-03-07 [44]
 New Zealand Aaa Stable 2011-08-05 [44]
 Nicaragua B2 Stable 2015-07-10 [44]
 Norway Aaa Stable 2011-08-05 [44]
 Oman Baa1 Stable 2016-05-14 [44]
 Pakistan B3 Stable 2015-06-11 [44][64]
 Panama Baa2 Stable 2012-10-31 [44]
 Papua New Guinea B2 Stable 2016-04-25 [44]
 Paraguay Ba1 Stable 2016-06-21 [44]
 Peru A3 Stable 2014-07-02 [44]
 Philippines Baa2 Stable 2014-12-11 [44][65]
 Poland A2 Negative 2016-05-14 [44][66]
 Portugal Ba1 Stable 2014-07-25 [44]
 Puerto Rico C Negative 2015-12-22 [44]
 Qatar Aa2 Negative 2016-05-14 [44]
 Romania Baa3 Positive 2015-12-11 [44][67]
 Russia Ba1 Negative 2016-04-22 [68]
 Saudi Arabia A1 Stable 2016-05-14 [44]
 Senegal B1 Positive 2016-06-03 [44]
 Serbia B1 Stable 2013-07-14 [44]
 Singapore Aaa Stable 2011-08-05 [44]
 Slovakia A2 Stable 2013-10-04 [44]
 Slovenia Baa3 Stable 2015-01-23 [44]
 South Africa Baa2 Negative 2016-05-06 [44][69]
 South Korea Aa2 Stable 2015-12-18 [44]
 Spain Baa2 Stable 2016-07-29 [44]
 Sri Lanka B1 Negative 2016-06-21 [44]
 St. Vincent & the Grenadines B1 Stable 2011-08-05 [44]
 Suriname B1 Stable 2016-04-22 [44]
 Sweden Aaa Stable 2011-08-05 [44]
  Switzerland Aaa Stable 2011-08-05 [44]
 Taiwan Aa3 Stable 2011-08-05 [44]
 Thailand Baa1 Stable 2011-08-05 [44]
 Trinidad and Tobago Baa3 Negative 2016-04-15 [70]
 Tunisia Ba3 Stable 2016-02-29 [44]
 Turkey Ba1 Stable 2016-09-24 [71]
 Ukraine Caa3 Stable 2015-11-19 [44]
 United Arab Emirates Aa2 Negative 2016-05-14 [44]
 United Kingdom Aa1 Negative 2013-02-22 [44]
 United States Aaa Stable 2013-07-18 [44][72]
 Uruguay Baa2 Negative 2016-06-24 [44]
 Venezuela Caa3 Negative 2015-01-13 [44]
 Vietnam B1 Stable 2014-07-29 [44]

Dominion Bond Rating Service (DBRS)

For DBRS, 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.

DBRS European Sovereign Debt Ratings as of Aug. 19, 2013
DBRS Global Sovereign Debt Ratings as of Aug. 19, 2013
Country Rating Trend Date Ref.
 Argentina D N/A 2014-07-31 [73]
 Australia AAA Stable 2014-07-31 [73]
 Austria AAA Stable 2014-06-13 [73]
 Belgium AA(high) Stable 2014-03-21 [73]
 Brazil BBB Stable 2014-08-01 [73]
 Canada AAA Stable 2014-07-18 [73]
 Chile AA(low) Stable 2014-02-28 [73]
 Colombia BBB Stable 2014-04-30 [73]
 Cyprus B(low) Stable 2014-06-27 [73]
 Denmark AAA Stable 2014-07-25 [73]
 European Union AAA Stable 2014-07-11 [73]
 Finland AAA Stable 2014-05-16 [73]
 France AAA Stable 2014-05-30 [73]
 Germany AAA Stable 2014-04-11 [73]
 Greece B Stable 2014-07-11 [73]
 India BBB(low) Stable 2013-09-30 [73]
 Ireland A(low) Stable 2014-03-28 [73]
 Italy A(low) Negative 2014-04-11 [73]
 Japan A(high) Stable 2013-11-20 [73]
 Mexico BBB(high) Stable 2014-03-31 [73]
 Netherlands AAA Stable 2014-04-25 [73]
 Norway AAA Stable 2014-07-04 [73]
 Peru BBB(high) Stable 2014-05-30 [73]
 Portugal BBB(low) Stable 2014-05-23 [73]
 Spain A(low) Negative 2014-04-11 [73]
 Sweden AAA Stable 2014-06-13 [73]
  Switzerland AAA Stable 2013-12-27 [73]
 Turkey BBB(low) Stable 2014-07-28 [73]
 United Kingdom AAA Stable 2014-07-18 [73]
 United States AAA Stable 2014-04-22 [73]
 Uruguay BBB(low) Stable 2014-05-30 [73]

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.

Financial ratings of European States by JCR Credit Rating on 8 July 2013
Country Rating Outlook Date Ref.
 Australia AAA Stable 2012-07-02 [74]
 Belgium AAA Stable 2013-03-25 [74]
 Brazil BBB Stable 2012-11-15 [74]
 Canada AAA Stable 2012-09-04 [74]
 Czech Republic A Stable 2012-12-21 [74]
 Denmark AAA Stable 2013-02-14 [74]
 Finland AAA Stable 2013-04-19 [74]
 France AAA Stable 2013-04-26 [74]
 Germany AAA Stable 2013-02-28 [74]
 Hong Kong AA+ Stable 2012-09-05 [74]
 Hungary BBB Positive 2016-02-17 [74]
 India BBB+ Stable 2012-11-30 [74]
 Indonesia BBB- Stable 2012-11-13 [74]
 Italy AA- Negative 2013-04-10 [74]
 Japan AAA Stable 2013-03-15 [74]
 Malaysia A Stable 2012-10-19 [74]
 Mexico A- Stable 2012-12-21 [74]
 Netherlands AAA Stable 2012-10-04 [74]
 Norway AAA Stable 2012-08-02 [74]
 Philippines BBB+ Stable 2015-07-07 [74][75]
 Poland A Stable 2013-03-01 [74]
 Portugal A Stable 2013-03-15 [74]
 Romania BBB- Stable 2013-03-28 [74]
 Russia BBB- Negative 2014-12-26 [74]
 Singapore AAA Stable 2012-02-01 [74]
 South Korea A+ Stable 2013-01-24 [74]
 Slovakia A+ Stable 2012-11-08 [74]
 Slovenia AA- Negative 2012-06-13 [74]
 Spain AA Negative 2013-04-12 [74]
 Thailand A- Stable 2013-04-02 [74]
 Turkey BBB- Stable 2013-05-23 [74]
 United Kingdom AAA Stable 2012-06-29 [74]
 United States AAA Stable 2012-03-09 [74]

Dagong

Dagong is a credit rating agency based in China.

Financial ratings of European States by Dagong Global Credit Rating on 30 May 2014

World map ratings by Dagong (Jul 2013)

Country Rating Outlook Date Ref.
 Algeria BBB- Stable 2014-10 [76]
 Angola BB- Stable 2013-05-31 [77]
 Argentina D Negative 2014-07-31 [77]
 Australia AA+ Stable 2013-11 [76]
 Austria AA+ Stable 2014-12 [76]
 Bahrain A- Stable 2014-08 [76]
 Bangladesh BB- Stable 2013-11 [76]
 Belarus BB- Negative 2014-01 [76]
 Belgium A+ Stable 2014-10 [76]
 Bolivia BBB- Stable 2013-05-15 [77]
 Bosnia and Herzegovina B Stable 2014-05 [76]
 Botswana A Stable 2013-04-07 [77]
 Brazil A- Negative 2014-01 [76]
 Bulgaria BBB- Stable 2013-09 [76]
 Cambodia B Stable 2013-03-15 [77]
 Canada AA+ Stable 2014-04 [76]
 Cayman Islands AA- Stable 2013-11 [76]
 Chile AA- Stable 2014-02 [76]
 China AAA Stable 2014-09 [76]
 Colombia BBB+ Stable 2013-07-24 [78]
 Croatia BB+ Negative 2014-05 [76]
 Czech Republic A+ Stable 2013-09 [76]
 Democratic Republic of Congo CCC Stable 2013-05-16 [77]
 Denmark AA+ Stable 2014-01 [76]
 Ecuador B- Stable 2014-07 [76]
 Egypt B- Stable 2015-06 [77][79]
 Estonia A Stable 2013-11 [76]
 Ethiopia CCC Stable 2014-03 [76]
 Finland AA+ Stable 2014-11 [76]
 France A+ Negative 2014-01 [76]
 Georgia BB- Stable 2014-03 [76]
 Germany AA+ Stable 2013-12 [76]
 Ghana B Stable 2013-04-24 [77]
 Greece CC Stable 2014-03 [76]
 Hong Kong AAA Stable 2013-12 [76]
 Hungary BBB- Stable 2014-07 [76]
 Iceland BB- Stable 2012-10 [77]
 India BBB Positive 2014-12 [76]
 Indonesia BBB- Negative 2014-01 [76]
 Ireland BBB Stable 2014-10 [76]
 Israel A- Stable 2014-01 [76]
 Italy BBB- Negative 2014-01 [76]
 Japan A+ Negative 2014-08 [76]
 Jordan B- Stable 2013-05-15 [77]
 Kazakhstan BBB- Stable 2014-03 [76]
 Kenya B Stable 2014-07 [76]
 Kuwait AA Stable 2014-06 [76]
 Latvia BBB- Stable 2014-01 [76]
 Lithuania BBB Positive 2014-08 [76]
 Luxembourg AAA Stable 2013-12 [76]
 Macao AA+ Stable 2013-12 [76]
 Madagascar CCC Stable 2012-05 [77]
 Malaysia A+ Stable 2014-07 [76]
 Malta A- Negative 2014-03 [76]
 Mauritius BBB Stable 2012-07 [77]
 Mexico BBB Stable 2013-11 [76]
 Micronesia BB- Stable 2013-02 [77]
 Mongolia BB- Stable 2013-12 [76]
 Morocco BBB Negative 2014-03 [76]
 Netherlands AA+ Stable 2015-01 [76]
 New Zealand AA Negative 2014-01 [77]
 Nigeria BB+ Stable 2014-07 [76]
 Norway AAA Stable 2014-09 [76]
 Oman AA- Stable 2014-08 [76]
 Pakistan CCC- Negative 2014-04 [76]
 Panama A- Stable 2013-07-01 [77]
 Paraguay BB- Stable 2014-05 [76]
 Peru BBB+ Stable 2014-09 [76]
 Philippines BB- Negative 2014-01 [76]
 Poland A- Negative 2013-12 [76]
 Portugal BB Negative 2013-09 [76]
 Qatar AA- Stable 2014-07 [76]
 Romania BB Stable 2014-10 [76]
 Russia A Stable 2013-11 [76]
 Saudi Arabia AA Stable 2014-08 [76]
 Serbia BB- Negative 2013-11 [76]
 Singapore AAA Stable 2014-12 [76]
 South Africa A- Negative 2013-11 [76]
 South Korea AA- Stable 2013-11 [76]
 South Sudan CC Stable 2013-02 [77]
 Spain BBB+ Stable 2014-05 [76]
 Sri Lanka B+ Negative 2013-03-18 [77]
 Sudan C Stable 2013-02 [77]
 Suriname BB+ Stable 2013-05-20 [77]
 Sweden AA+ Stable 2014-01 [76]
  Switzerland AAA Stable 2013-11 [76]
 Taiwan AA- Stable 2013-03-06 [77]
 Thailand BBB Negative 2014-05 [76]
 Tunisia BB Negative 2014-07 [76]
 Turkey BB- Stable 2013-12 [76]
 Turkmenistan BBB+ Stable 2013-05-14 [77]
 United Kingdom A+ Stable 2016-07 [76]
 United States A- Stable 2014-12 [76]
 Ukraine CCC Negative 2014-05 [76]
 United Arab Emirates BBB+ Stable 2014-02 [76]
 Uruguay BB+ Stable 2014-12 [76]
 Uzbekistan BBB 2013-03-27 [77]
 Venezuela BB- Negative 2014-07-02 [77]
 Vietnam B+ Stable 2014-05 [76]
 Yemen CCC Negative 2013-05-23 [77]

China Chengxin

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

Country Rating Outlook Date Ref.
 Argentina Bg Stable 2014-08 [80]
 Australia AAAg Stable 2012-08 [80]
 Brazil BBBg+ Stable 2012-08 [80]
 Canada AAAg Stable 2012-08 [80]
 China AAg+ Stable 2012-08 [80]
 Denmark 17AAg+ Stable 2012-08 [80]
 France AAg Stable 2012-08 [80]
 Germany AAg+ Stable 2012-08 [80]
 Greece CCCg N/A 2014-04 [80]
 Iceland BBBg- Stable 2012-08 [80]
 India BBBg Stable 2012-08 [80]
 Indonesia BBBg- Stable 2012-08 [80]
 Ireland BBg+ Negative 2012-08 [80]
 Italy BBBg Stable 2013-03 [81]
 Japan AAg+ Stable 2012-08 [80]
 Mexico BBBg+ Stable 2012-08 [80]
 Netherlands AAg+ Stable 2012-08 [80]
 Norway AAAg Stable 2012-08 [80]
 Portugal BBg- Negative 2012-08 [80]
 Russia Ag Stable 2012-08 [80]
 Saudi Arabia AAg+ Stable 2013-07 [80]
 Singapore AAAg Stable 2013-07 [80]
 South Africa Ag Stable 2013-07 [80]
 South Korea AAg- Stable 2013-07 [80]
 Spain BBg+ Negative 2013-03 [82]
  Switzerland AAAg Stable 2012-08 [80]
 Thailand BBBg+ Stable 2012-08 [80]
 Turkey BBg Stable 2012-08 [80]
 United Kingdom AAg+ Stable 2013-03 [83]
 United States AAAg Stable 2012-08 [80]

Not rated

UN member states that have not been assigned a credit rating by any of the seven rating agencies.

Country Details
 Afghanistan
 Antigua and Barbuda
 Bhutan
 Brunei Darussalam
 Burundi
 Central African Republic
 Chad
 Comoros
 Cote d'Ivoire
 Djibouti
 Dominica
 Equatorial Guinea
 Eritrea
 Gambia Fitch suspended Gambia’s credit rating after its only traded international bond expired[84]
 Guinea
 Guinea-Bissau
 Guyana
 Haiti
 Iran Fitch has withdrawn all ratings for Iran following the maturity and full repayment of the last outstanding sovereign eurobond on 21 April 2008.[85]
 Kiribati
 Kyrgyzstan
 Laos
 Liberia
 Libya Fitch has withdrawn all ratings for Libya because it doesn't have enough information to maintain coverage of the issuer.[86]
 Malawi
 Mali Mali was given a credit rating in 2004 as part of a UN development initiative,[87] but the rating was later withdrawn.[88]
 Marshall Islands
 Mauritania
 Monaco
 Myanmar
 Nauru
   Nepal
 Niger
 North Korea
 Palau
 Saint Kitts and Nevis
 Saint Lucia
 Samoa
 Sao Tome and Principe
 Sierra Leone
 Solomon Islands
 Somalia
 Swaziland
 Syria
 Tajikistan
 Tanzania
 Timor Leste
 Togo
 Tonga
 Tuvalu
 Vanuatu
 Zimbabwe

See also

References

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