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Debt Management

Credit rating

Created : 18.07.2017. Updated: 26.11.2024.

The credit rating for the Republic of Latvia is assigned by three the most recognizable international credit rating agencies - "Moody's Investors Service", "Fitch Ratings", "S&P Global" as well as by Japanese rating agency “R&I”.

Credit rating scale

The assigned credit rating for the Republic of Latvia now is at the following level:

  credit rating Outlook
Moody's A3 Stable
S&P Global A Stable
Fitch A- Stable
R&I A Stable

 

Latest news

18.12.2023. Japanese credit rating agency R&I affirmed Latvia's credit rating at A level with stable outlook

15.12.2023. S&P Global affirmed Latvia's credit rating at A+ level

28.07.2023 Fitch Ratings revises Latvia`s Outlook to Positive

06.02.2023 Fitch Ratings affirmed Latvia's credit rating at "A-" level with stable outlook

06.12.2022 S&P Global Ratings Revised Latvia Outlook to Negative from Stable

05.12.2022 Japanese credit rating agency R&I affirms Latvia's credit rating at “A” level

03.05.2022 Moody's affirmed Latvia's credit rating at A3 level

21.06.2022 S&P Global Ratings affirmed Latvia's credit rating at high "A+" level 

 

 

 

Development of Latvia`s credit rating