Südafrika Credit Ratings & Outlooks

Land	Moody's	S&P	Fitch	DBRS	Scope Ratings
Südafrika	Ba2 Stable	BB Positive	BB- Stable	NR	BB Stable

Rating-Historie

Land	Date of Change	Ratingagentur	Vorheriges Rating	Vorheriger Ausblick	Aktuelles Rating	Current Outlook
Südafrika	Nov. 14, 2025	S&P	BB-	Stable	BB	Positive
Südafrika	Dez. 03, 2024	Moody's	Ba2	Stable	Ba2	Stable
Südafrika	Okt. 06, 2023	Scope Ratings	BB+	Negative	BB	Stable
Südafrika	Apr. 21, 2023	Scope Ratings	BB+	Stable	BB+	Negative
Südafrika	März 08, 2023	S&P	BB-	Positive	BB-	Stable
Südafrika	Okt. 28, 2022	Scope Ratings	NR		BB+	Stable
Südafrika	Mai 20, 2022	S&P	BB-	Stable	BB-	Positive
Südafrika	Apr. 01, 2022	Moody's	Ba2	Negative	Ba2	Stable
Südafrika	Dez. 15, 2021	Fitch	BB-	Negative	BB-	Stable
Südafrika	Nov. 20, 2020	Moody's	Ba1	Negative	Ba2	Negative
Südafrika	Nov. 20, 2020	Fitch	BB	Negative	BB-	Negative
Südafrika	Apr. 30, 2020	S&P	BB	Negative	BB-	Stable
Südafrika	Apr. 03, 2020	Fitch	BB+	Negative	BB	Negative
Südafrika	März 27, 2020	Moody's	Baa3	Negative	Ba1	Negative
Südafrika	Nov. 22, 2019	S&P	BB	Stable	BB	Negative
Südafrika	Nov. 01, 2019	Moody's	Baa3	Stable	Baa3	Negative
Südafrika	Juli 26, 2019	Fitch	BB+	Stable	BB+	Negative
Südafrika	März 23, 2018	Moody's	Baa3	Under Review	Baa3	Stable
Südafrika	Nov. 24, 2017	S&P	BB+	Negative	BB	Stable
Südafrika	Nov. 24, 2017	Moody's	Baa3	Negative	Baa3	Under Review

Table Key

Bewertung	Moody's	S&P	Fitch	DBRS	Scope 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
Extremely Speculative Grade			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

What is Südafrika’s current credit rating?

Südafrika’s sovereign credit rating reflects its government’s ability and willingness to meet debt obligations. It is assigned by major agencies such as S&P, Moody’s, Fitch, DBRS, and Scope, and represents how international markets view Südafrika’s credit risk.

Has Südafrika’s credit rating changed recently?

This page lists the latest rating and outlook actions for Südafrika, showing when each agency last reviewed or changed its assessment.

Why does Südafrika’s credit rating matter to investors?

Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Südafrika's bond yields, currency, and equity flows as investors reassess risk.

How does Südafrika’s rating compare to other countries?

You can explore how Südafrika ranks globally using our Credit Ratings Hub, which displays all countries’ ratings from S&P, Moody’s, Fitch, DBRS, and Scope.

What do outlooks like Positive, Stable, and Negative mean?

They indicate the expected direction of a rating. Positive signals a possible upgrade, Stable means no change is likely, and Negative points to potential downgrade risk

What is the difference between investment grade and speculative grade?

Investment grade (BBB−/Baa3 or higher) means relatively low risk and steady market access. A speculative grade (BB+/Ba1 or lower) signals higher risk and volatility, but can attract yield-seeking investors.