Länder-Kreditratings

  • G20
  • Africa
  • Asia
  • Caribbean
  • Central America
  • Europe
  • Pacific
  • Middle East
  • North America
  • South America
Land
Moody's
S&P
Fitch
DBRS
Scope Ratings
Argentinien
Caa1
Stable
CCC+
Stable
CCC+
B (low)
Stable
NR
Australien
Aaa
Stable
AAA
Stable
AAA
Stable
AAA
Stable
NR
Brasilien
Ba1
Stable
BB
Stable
BB
Stable
BB
Stable
NR
China
A1
Negative
A+
Stable
A
Stable
A
Stable
A
Stable
Deutschland
Aaa
Stable
AAA
Stable
AAA
Stable
AAA
Stable
AAA
Stable
Frankreich
Aa3
Stable
A+
Negative
AA-
Negative
AA (high)
Negative
AA-
Negative
Indien
Baa3
Stable
BBB
Stable
BBB-
Stable
BBB
Stable
NR
Indonesien
Baa2
Negative
BBB
Negative
BBB
Stable
NR
NR
Italien
Baa2
Stable
BBB+
Positive
BBB
Positive
BBB (high)
Positive
BBB+
Positive
Japan
A1
Stable
A+
Stable
A
Stable
A (high)
Stable
A
Stable
Kanada
Aaa
Stable
AAA
Stable
AA+
Stable
AAA
Stable
NR
Mexiko
Baa2
Negative
BBB
Stable
BBB-
Stable
BBB
Stable
NR
Russland
Ca
Negative
NR
C
NR
NR
Saudi-Arabien
A1
Positive
A+
Stable
A+
Stable
NR
NR
Südafrika
Ba2
Stable
BB
Positive
BB-
Stable
NR
BB
Stable
Südkorea
Aa2
Stable
AA
Stable
AA-
Stable
NR
NR
Türkei
Ba3
Stable
B
Positive
BB-
Positive
BB (high)
Negative
BB-
Stable
Vereinigte Staaten von Amerika
Aaa
Negative
AA+
Stable
AA+
Stable
AAA
Stable
AA-
Stable
Vereinigtes Königreich von Großbritannien und Nordirland
Aa3
Stable
AA
Stable
AA-
Stable
AA
Stable
AA
Stable

Letzte Rating-Änderungen

Land
Date of Change
Ratingagentur
Vorheriges Rating
Vorheriger Ausblick
Aktuelles Rating
Current Outlook
Feb. 05, 2026Moody'sBaa2StableBaa2Negative
Jan. 30, 2026Moody'sBaa1NegativeBaa1Stable
Jan. 30, 2026S&PBBB+StableBBB+Positive
Jan. 27, 2026Moody'sCaa1PositiveB3Stable
Jan. 26, 2026Moody'sCaa3StableCaa1Stable
Jan. 23, 2026S&PN/AB-Stable
Jan. 23, 2026S&PCCC+StableB-Positive
Jan. 23, 2026Moody'sBaa1StableBaa1Positive
Jan. 23, 2026FitchB+PositiveBB-Positive
Jan. 22, 2026S&PSDCCC+Stable
Jan. 16, 2026FitchCCCCCC
Jan. 16, 2026FitchB+PositiveBB-Positive
Jan. 16, 2026FitchB+StableB+Positive
Dez. 22, 2025FitchRDCCC
Dez. 19, 2025S&PBB-PositiveBB-Stable
Dez. 19, 2025FitchB-StableCCC-
Dez. 19, 2025Moody'sB1PositiveBa3Stable
Dez. 18, 2025S&PBBPositiveBBStable
Dez. 17, 2025S&PBB+PositiveBBB-Stable
Dez. 17, 2025S&PCCCStableCCC+Stable

Table Key

BewertungMoody'sS&PFitchDBRSScope Ratings
Prime (Triple A)
Aaa
AAA
AAA
AAA
AAA
High Grade
Aa1
AA+
AA+
AA (high)
AA+
Aa2
AA
AA
AA
AA
Aa3
AA-
AA-
AA (low)
AA-
Upper Medium Grade
A1
A+
A+
A (high)
A+
A2
A
A
A
A
A3
A-
A-
A (low)
A-
Lower Medium Grade
Baa1
BBB+
BBB+
BBB (high)
BBB+
Baa2
BBB
BBB
BBB
BBB
Baa3
BBB-
BBB-
BBB (low)
BBB-
Non-Investment Grade Speculative
Ba1
BB+
BB+
BB (high)
BB+
Ba2
BB
BB
BB
BB
Ba3
BB-
BB-
BB (low)
BB-
Highly Speculative Grade
B1
B+
B+
B (high)
B+
B2
B
B
B
B
B3
B-
B-
B (low)
B-
Substantial Risk Grade
Caa1
CCC+
CCC+
CCC
Caa2
CCC
CCC
CCC
CCC
Caa3
CCC-
CCC-
CCC
Extremely Speculative Grade
Ca
CC
CC
CCC
CC
C
CCC
C
Im Verzug mit wenig Aussicht auf Wiedergewinn
CD
RD
RD
In Verzug
SD
SD
C
D
D
D
D
DD
DD
DDD
DDD
Nicht bewertet
NR
NR
NR
NR
NR
FAQ
A sovereign credit rating is an independent assessment of a country's creditworthiness, issued by agencies like S&P, Moody's, Fitch, DBRS, and Scope. These long-term foreign-currency ratings shape borrowing costs and investor confidence, and changes often move currencies, bond yields, and equity markets.
The five largest agencies are S&P Global Ratings, Moody's Investors Service, Fitch Ratings, DBRS Morningstar, and Scope Ratings. They monitor financial, political, and economic conditions to publish updates.
A Positive outlook suggests a possible upgrade, Stable means no change is expected, and Negative signals a potential downgrade. Outlooks indicate the likely direction of a rating in the short to medium term and often shape market expectations.
There is no fixed timetable. Some agencies review ratings on set calendars, while others update after major financial, political, or economic events that could affect credit risk.
You can explore past ratings and outlook revisions on each country's dedicated page within the FXEmpire Credit Ratings Hub.
Investment grade (BBB-/Baa3 or higher) signals lower risk and wider investor access. Speculative grade (BB+/Ba1 or lower), also called high-yield or junk, carries higher risk and volatility but often comes with higher yields.
Rating upgrades can boost a country's currency and reduce bond yields, while downgrades tend to weaken currencies and increase borrowing costs. These movements often ripple through FX, bond, and equity markets as investors adjust risk exposure.
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