Iceland Rating: Iceland Credit Rating

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Rating Moody's Iceland
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2023-07-14A2 (Positive)
2021-08-20A2 (Stable)
2019-11-08A2 (Stable)
2018-07-20A3 (Positive)
2016-09-01A3 (Stable)
2016-06-10Baa2 (Under Review)
2015-06-29Baa2 (Stable)
2013-02-07Baa3 (Stable)
2010-07-29(Negative)
2010-04-23(Stable)2023-07-14A2
2010-04-06(Negative)2021-08-20A2
2009-11-11Baa3 (Stable)2019-11-08A2
2008-12-04Baa1 (Negative)2018-07-20A3
2008-10-08A12016-09-01A3
2008-09-30(Under Review)2016-06-10Baa2
2008-05-20Aa1 (Stable)2015-06-29Baa2
2008-03-05(Negative)2013-02-07Baa3
2003-11-15(Stable)2009-11-11Baa3
2002-10-20Aaa2008-12-04Baa1
1997-07-30Aa32008-10-08A1
1996-06-24A12008-05-20Aa1
1989-05-24A21997-07-30Aaa
Moody's: Long term Rating
Rating S&P Iceland
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2023-11-10A+ (Stable)
2023-05-12A (Positive)
2017-03-17A (Stable)
2017-01-13A- (Stable)
2016-01-15BBB+ (Stable)
2015-07-17BBB (Stable)2023-11-10A+
2014-07-18(Positive)2023-05-12A
2014-01-24(Stable)2017-03-17A
2013-07-26(Negative)2017-01-13A-
2011-11-23(Stable)2016-01-15BBB+2017-03-17A-12017-03-17A-1
2011-05-17(Negative)2015-07-17BBB2015-07-17A-22015-07-17A-2
2008-11-24BBB-2011-05-17BBB-2008-10-06A-32010-03-30A-3
S&P: Long term Rating
Rating Fitch Iceland
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2020-05-22F1+
2020-05-22A2020-05-22A2019-11-22F1+
2019-11-22A2019-11-22A2019-05-24F1+
2019-05-24A2019-05-24A2019-05-03F1
2018-12-07A2018-12-07A2018-12-07F1
2018-06-08A (Stable)2018-06-08A2018-06-08F1
2017-12-08A (Stable)2017-12-08A2017-12-08F1
2017-07-07A- (Positive)2017-07-07A-2017-07-07F2
2017-01-13BBB+ (Positive)2017-01-13BBB+2017-01-13F2
2016-07-22BBB+ (Stable)2016-07-22BBB+2016-07-22F2
2016-07-15BBB+ (Stable)2016-07-15A-2016-07-15F2
2016-01-15BBB+ (Stable)2016-01-15A-2016-01-15F2
2015-07-24BBB+2015-07-24A-2015-07-24F2
2015-01-30BBB2015-01-30BBB+2015-01-30F3
2014-09-23BBB (Stable)2014-09-23BBB+2014-09-23F3
2014-08-20BBB (Stable)2014-08-20BBB+2014-08-20F3
2014-08-01BBB (Stable)2014-08-01BBB+2014-08-01F3
2014-07-15BBB (Stable)2014-07-15BBB+2014-07-15F3
2014-05-22BBB (Stable)2014-05-22BBB+2014-05-22F3
2014-04-16BBB (Stable)2014-04-16BBB+2014-04-16F3
2014-03-20BBB (Stable)2014-03-20BBB+2014-03-20F3
2014-02-26BBB (Stable)2014-02-26BBB+2014-02-26F3
2014-02-07BBB (Stable)2014-02-07BBB+2014-02-07F3
2014-01-23BBB (Stable)2014-01-23BBB+2014-01-23F3
2013-10-11BBB (Stable)2013-10-11BBB+2013-10-11F3
2013-07-29BBB (Stable)2013-07-29BBB+2013-07-29F3
2013-06-24BBB (Stable)2013-06-24BBB+2013-06-24F3
2013-05-08BBB (Stable)2013-05-08BBB+2013-05-08F3
2013-03-28BBB (Stable)2013-03-28BBB+2013-03-28F3
2013-02-19BBB (Stable)2013-02-19BBB+2013-02-19F3
2012-07-30BBB- (Stable)2012-07-30BBB+2012-07-30F3
2012-06-25BBB- (Stable)2012-06-25BBB+2012-06-25F3
2012-05-04BBB- (Stable)2012-05-04BBB+2012-05-04F3
2012-02-17BBB- (Stable)2012-02-17BBB+2012-02-17F3
2011-05-17BB+ (Stable)2011-05-17BBB+2011-05-17B
2010-01-05BB+ (Negative)2010-01-05BBB+2010-01-05B
2009-12-23BBB- (Negative)2009-12-23A-2009-12-23F3
2008-10-08BBB- (Negative)2008-10-08A-2008-10-08F3
2008-09-30A- (Negative)2008-09-30AA2008-09-30F2
2008-04-01A+ (Negative)2008-04-01AA+2008-04-01F1
2007-03-15A+ (Stable)2007-03-15AA+2007-03-15F12020-05-22F1+
2006-02-21AA- (Negative)2006-02-21AAA2006-02-21F1+2019-11-22F1+
2003-03-31AA- (Stable)2003-03-31AAA2003-03-31F1+2019-05-24F1+
2002-02-15AA- (Negative)2002-02-15AAA2002-02-15F1+2019-05-03F1
2000-09-21AA- (Stable)2000-09-21AAA2000-09-21F1+2018-12-07F1
2000-02-03AA-2000-02-03AAA2000-02-03F1+2018-06-08F1
Fitch: Long term Rating

GradeMoody'sS&PFitch
PrimeAaaAAAAAA
High gradeAa1AA+AA+
Aa2AAAA
Aa3AA-AA-
Upper medium gradeA1A+A+
A2AA
A3A-A-
Lower medium gradeBaa1BBB+BBB+
Baa2BBBBBB
Baa3BBB-BBB-
Non-investment grade
speculative
Ba1BB+BB+
Ba2BBBB
Ba3BB-BB-
Highly speculativeB1B+B+
B2BB
B3B-B-
Substantial risksCaa1CCC+CCC+
Caa2CCCCCC
Caa3CCC-CCC-
Extremely speculativeCaCCCC
C
In default with little
prospect for recovery
SDRD
In defaultCDD
DD
DDD
Not ratedWRNR
GradeMoodysS&PFitch
High gradeP-1A-1+F1+
Upper medium gradeP-1A-1F1
Lower medium gradeP-2A-2F2
Non-investment grade
speculative
P-3A-3F3
Highly speculativeBB
Extremely speculativeNPCC