1. Sovereigns Ratings List

Namibia Rating: Namibia Credit Rating

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Rating Moody's Namibia
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2024-04-05B1 (Positive)2024-04-05B1
2022-04-05B1 (Stable)2022-04-05B1
2020-12-04Ba3 (Negative)2020-12-04Ba3
2020-05-22Ba2 (Negative)2020-05-22Ba2
2019-12-06Ba2 (Stable)2019-12-06Ba2
2018-12-07Ba1 (Negative)2018-12-07Ba1
2017-08-11Ba1 (Negative)2017-08-11Ba1
2016-12-02Baa3 (Negative)2016-12-02Baa3
2015-12-18Baa3 (Stable)2015-12-18Baa3
2011-09-22Baa3 (Stable)2011-09-22Baa3
Moody's: Long term Rating
Rating S&P Namibia
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
Rating Fitch Namibia
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2022-06-24BB- (Stable)2022-06-24BB-
2019-10-01BB (Stable)2019-10-01BB2019-10-01B
2018-08-13BB+ (Stable)2018-08-13BB+2018-08-13B
2017-11-20BB+ (Stable)2017-11-20BB+2017-11-20B
2017-06-19BBB- (Negative)2017-06-19BBB-2017-06-19F3
2017-04-21BBB- (Negative)2017-04-21BBB-2017-04-21F3
2016-09-02BBB- (Negative)2016-09-02BBB-2016-09-02F3
2016-07-22BBB- (Stable)2016-07-22BBB-2016-07-22F3
2016-03-04BBB- (Stable)2016-03-04BBB2016-03-04F3
2015-12-18BBB-2015-12-18BBB2015-12-18F3
2015-12-04BBB-2015-12-04BBB2015-12-04F3
2015-11-13BBB-2015-11-13BBB2015-11-13F3
2015-05-15BBB-2015-05-15BBB2015-05-15F3
2014-11-28BBB- (Stable)2014-11-28BBB2014-11-28F3
2014-05-30BBB- (Stable)2014-05-30BBB2014-05-30F3
2013-12-02BBB- (Stable)2013-12-02BBB2013-12-02F3
2013-08-30BBB- (Stable)2013-08-30BBB2013-08-30F3
2013-01-10BBB- (Stable)2013-01-10BBB2013-01-10F3
2012-06-13BBB- (Stable)2012-06-13BBB2012-06-13F3
2012-01-26BBB- (Stable)2012-01-26BBB2012-01-26F3
2011-12-09BBB- (Stable)2011-12-09BBB2011-12-09F3
2011-10-31BBB-2011-10-31BBB2011-10-31F3
2010-12-13BBB- (Positive)2010-12-13BBB2010-12-13F32019-10-01B
2005-12-07BBB- (Stable)2005-12-07BBB2005-12-07F32018-08-13B
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