Rating agencies

The table contains rating evaluation of individual countries (sovereign rating). For rating evaluation of market subjects, e.g. banks, it is necessary to contact directly these institutions.

The methodology of conducting rating evaluation by individual agencies can be found on their web pages:

www.moodys.com
www.standardandpoors.com
www.fitchratings.com

Rating evaluation of individual countries

(Foreign Currency Long-Term Sovereign Debt Ratings)

Last update: 31st October 2020

MOODY'S STANDARD & POOR'S Fitch
Investment grades
Aaa Australia, Canada, Denmark, Germany, Netherlands, New Zealand, Luxembourg, Norway, Singapore, Sweden, Switzerland, USA AAA Australia, Canada, Denmark, Germany, Lichtenstein, Luxembourg, Netherlands, Norway, Singapore, Switzerland,  Sweden Australia, Denmark, Germany, Luxembourg, Netherlands, Norway, Singapore, Sweden, Switzerland,  USA
Aa1 Austria, Finland AA+ Austria, Finland, Hong Kong, USA Austria, Canada, Finland
Aa2 France, Kuwait, S. Korea, AA Belgium, France, New Zealand, S. Korea, United Kingdom France, Kuwait, New Zealand
Aa3 Belgium, Chile, CZECH REPUBLIC, Hong Kong, Katar, Taiwan, United Kingdom AA- CZECH REPUBLIC, Estonia, Ireland, Israel, Kuwait, Qatar, Slovenia, Taiwan Belgium, CZECH REPUBLIC, Estonia, Hong Kong, S.  Korea, Taiwan, United Kingdom
A1 China, Estonia, Israel, Japan, S. Arabia A+ Chile, China, Japan, Latvia, Lithuania, Slovakia China, Ireland, Israel, Malta
A2 Ireland, Malta, Poland, Slovakia A Iceland, Spain Chile, Iceland, Japan, Lithuania, S. Arabia, Slovakia, Slovenia
A3 Iceland, Latvia, Lithuania, Malaysia, Mexico A- Malaysia, Malta, Poland, S. Arabia Latvia, Malaysia, Poland, Spain
Baa1 Bulgaria, Slovenia, Spain BBB+    
Baa2 Indonesia BBB Bulgaria, Hungary, Indonesia, Italy, Mexico, Portugal Bulgaria, Hungary, Indonesia, Kazakhstan, Mexico, Portugal, Russia
Baa3 Hungary, India, Italy, Kazakhstan, Portugal, Romania, Russia, S. Africa BBB- Croatia, Cyprus, India, Kazakhstan, Romania, Russia Cyprus, Croatia, India, Italy, Romania
Non-investment grades
Ba1   BB+ Serbia Northern Macedonia, Serbia
Ba2 Brazil, Croatia BB Vietnam Greece, S. Africa, Vietnam
Ba3 Cyprus, Serbia, Vietnam BB- Brazil, Greece, Northern Macedonia, S. Africa Brazil, Turkey
B1 Albania, Greece, Montenegro B+ Albania, Montenegro,Turkey Egypt
B2 Turkey B Belarus, Bosna, Egypt, Mongolia, Ukraine Belarus, Mongolia, Ukraine
B3 Belarus, Bosnia, Egyp, Moldova, Pakistan B- Pakistan Pakistan
Caa1 Mongolia, Ukraine CCC+    
Caa2 Argentina, Cuba CCC    
Caa3   CCC-    
Ca   CC   Argentina
C   C    
SD   SD Argentina  
D   D    

 

Developmets of the rating of the CR

(Foreign Currency Long-Term Sovereign Debt Ratings)

Last update: 31st October 2020

  Moody's Standard and Poor's Fitch
1992 Ba1
1993 Baa3 BBB
1994 Baa2 BBB+
1995 Baa1 A A-
1996 Baa1 A A-
1997 Baa1 A BBB+
1998 Baa1 A- BBB+
1999 Baa1 A- BBB+
2000 Baa1 A- BBB+
2001 Baa1 A- BBB+
2002 A1 A- BBB+
2003 A1 A- A-
2004 A1 A- A-
2005 A1 A- A
2006 A1 A- A
2007 A1 A A
2008 A1 A A+
2009 A1 A A+
2010 A1 A A+
2011 A1 AA- A+
2012 A1 AA- A+
2013 A1 AA- A+
2014 A1 AA- A+
2015 A1 AA- A+
2016 A1 AA- A+
2017 A1 AA- A+
2018 A1 AA- AA-
2019 Aa3 AA- AA-
2020 Aa3 AA- AA-