Ruanda Credit Ratings & Outlooks

Land
Moody's
S&P
Fitch
DBRS
Scope Ratings
Ruanda
B2
Negative
B+
Stable
B+
Negative
NR
NR

Rating-Historie

Land
Date of Change
Ratingagentur
Vorheriges Rating
Vorheriger Ausblick
Aktuelles Rating
Current Outlook
Ruanda
Apr. 04, 2025FitchB+StableB+Negative
Ruanda
März 26, 2025Moody'sB2NegativeB2Negative
Ruanda
Okt. 06, 2023FitchB+NegativeB+Stable
Ruanda
Jan. 27, 2023S&PB+NegativeB+Stable
Ruanda
Juli 21, 2021FitchB+StableB+Negative
Ruanda
Okt. 13, 2020Moody'sB2StableB2Negative
Ruanda
Aug. 07, 2020S&PB+StableB+Negative
Ruanda
Aug. 09, 2019S&PBPositiveB+Stable
Ruanda
Aug. 10, 2018S&PBStableBPositive
Ruanda
Sep. 09, 2016S&PB+NegativeBStable
Ruanda
Aug. 12, 2016Moody'sNRB2Stable
Ruanda
März 11, 2016S&PB+StableB+Negative
Ruanda
März 13, 2015S&PBPositiveB+Stable
Ruanda
Sep. 12, 2014S&PBStableBPositive
Ruanda
Juli 25, 2014FitchBPositiveB+Stable
Ruanda
Aug. 15, 2013FitchBStableBPositive
Ruanda
Okt. 29, 2012S&PBPositiveBStable
Ruanda
Dez. 29, 2011S&PNRBPositive
Ruanda
Aug. 24, 2010FitchB-PositiveBStable
Ruanda
Dez. 16, 2006FitchNRB-Positive

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
Ruanda’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 Ruanda’s credit risk.
This page lists the latest rating and outlook actions for Ruanda, showing when each agency last reviewed or changed its assessment.
Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Ruanda's bond yields, currency, and equity flows as investors reassess risk.
You can explore how Ruanda ranks globally using our Credit Ratings Hub, which displays all countries’ ratings from S&P, Moody’s, Fitch, DBRS, and Scope.
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
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.
Werbung