Moody's

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Moody's: Sovereign Ratings List
Long TermShort Term
Local CurrencyForeign CurrencyLocal CurrencyForeign Currency
United States [+]
 
Aaa
 
Aaa
United Kingdom [+]
 
Aa1
 
Aa1
Germany [+]
 
Aaa
 
Aaa
France [+]
 
Aa1
 
Aa1
Japan [+]
 
Aa3
 
Aa3
Spain [+]
 
Baa3
 
Baa3
Italy [+]
 
Baa2
 
Baa2
(P)P-2
Portugal [+]
 
Ba3
 
Ba3
REMOVED
Greece [+]
 
C
 
C
(P)NP
Ireland [+]
 
Ba1
 
Ba1
(P)NP
United Arab Emirates [+]
 
Aa2
 
Aa2
(P)P-1
Albania [+]
 
B1
 
B1
Angola [+]
 
Ba3
 
Ba3
Argentina [+]
 
B3
 
B3
(P)NP
Austria [+]
 
Aaa
 
Aaa
(P)P-1
Australia [+]
 
Aaa
 
Aaa
Azerbaijan [+]
 
Baa3
 
Baa3
Bosnia and Herzegovina [+]
 
B3
 
B3
Bangladesh [+]
 
Ba3
 
Ba3
Belgium [+]
 
Aa3
 
Aa3
Bulgaria [+]
 
Baa2
 
Baa2
Bahrain [+]
 
Baa1
 
Baa1
Bolivia [+]
 
Ba3
 
Ba3
Brazil [+]
 
Baa2
 
Baa2
Botswana [+]
 
A2
Belarus [+]
 
B3
 
B3
Belize [+]
 
Caa2
 
Caa2
Canada [+]
 
Aaa
 
Aaa
Switzerland [+]
 
Aaa
 
Aaa
Chile [+]
 
Aa3
 
Aa3
China [+]
 
Aa3
 
Aa3
Colombia [+]
 
Baa3
 
Baa3
Costa Rica [+]
 
Baa3
 
Baa3
Cyprus [+]
 
Caa3
 
Caa3
Czech Republic [+]
 
A1
 
A1
(P)P-1
Denmark [+]
 
Aaa
 
Aaa
Dominican Republic [+]
 
B1
 
B1
Ecuador [+]
 
Caa1
WR
Estonia [+]
 
A1
 
A1
Egypt [+]
 
Caa1
 
Caa1
Finland [+]
 
Aaa
 
Aaa
Georgia [+]
 
Ba3
 
Ba3
Guatemala [+]
 
Ba1
 
Ba1
Hong Kong [+]
 
Aa1
 
Aa1
Honduras [+]
 
B2
 
B2
Croatia [+]
 
Ba1
 
Ba1
Hungary [+]
 
Ba1
 
Ba1
Indonesia [+]
 
Baa3
 
Baa3
Israel [+]
 
A1
 
A1
India [+]
 
Baa3
 
Baa3
Iceland [+]
 
Baa3
 
Baa3
(P)P-3
Jordan [+]
 
Ba2
 
Ba2
Cambodia [+]
 
B2
 
B2
South Korea [+]
 
Aa3
 
Aa3
Kuwait [+]
 
Aa2
 
Aa2
Kazakhstan [+]
 
Baa2
 
Baa2
Lebanon [+]
 
B1
 
B1
(P)NP
Sri Lanka [+]
 
B1
Lithuania [+]
 
Baa1
 
Baa1
Luxembourg [+]
 
Aaa
 
Aaa
Latvia [+]
 
Baa2
 
Baa2
Morocco [+]
 
Ba1
 
Ba1
Moldova [+]
 
B3
 
B3
Montenegro [+]
 
Ba3
Mongolia [+]
 
B1
 
B1
Malta [+]
 
A3
 
A3
Mauritius [+]
 
Baa1
 
Baa1
Mexico [+]
 
Baa1
 
Baa1
Malaysia [+]
 
A3
 
A3
Namibia [+]
 
Baa3
 
Baa3
Nicaragua [+]
 
B3
 
B3
Netherlands [+]
 
Aaa
 
Aaa
WR
Norway [+]
 
Aaa
 
Aaa
New Zealand [+]
 
Aaa
 
Aaa
Oman [+]
 
A1
 
A1
Panama [+]
 
Baa2
 
Baa3
Peru [+]
 
Baa2
 
Baa2
Papua New Guinea [+]
 
B1
 
B1
Philippines [+]
 
Ba1
 
Ba1
Pakistan [+]
 
Caa1
 
Caa1
Poland [+]
 
A2
 
A2
Paraguay [+]
 
Ba3
 
Ba3
Qatar [+]
 
Aa2
 
Aa2
Romania [+]
 
Baa3
 
Baa3
Russia [+]
 
Baa1
 
Baa1
Saudi Arabia [+]
 
Aa3
 
Aa3
Sweden [+]
 
Aaa
 
Aaa
(P)P-1
Singapore [+]
 
Aaa
 
Aaa
Slovenia [+]
 
Ba1
 
Ba1
Slovakia [+]
 
A2
 
A2
Senegal [+]
 
B1
 
B1
El Salvador [+]
 
Ba3
WR
Thailand [+]
 
Baa1
 
Baa1
Tunisia [+]
 
Ba1
 
Ba1
Turkey [+]
 
Baa3
 
Baa3
Taiwan [+]
 
Aa3
 
Aa3
Ukraine [+]
 
B3
 
B3
Uruguay [+]
 
Baa3
 
Baa3
Venezuela [+]
 
B2
 
B1
South Africa [+]
 
Baa1
 
Baa1
(P)P-2

Grade Moody's Long Term Moody's Short Term
Prime Aaa P-1
High grade Aa1
Aa2
Aa3
Upper medium grade A1
A2
A3 P-2
Lower medium grade Baa1
Baa2 P-3
Baa3
Non-investment grade
speculative
Ba1
Ba2
Ba3
Highly speculative B1
B2
B3
Substantial risks Caa1
Extremely speculative Caa2
In default with little
prospect for recovery
Caa3
Ca
In default C