Debt Management

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Credit rating

Created : 18.07.2017. Updated: 17.05.2022.
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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

02.12.2019 Japanese credit rating agency R&I upgraded Latvia`s credit rating
11.10.2019 Credit rating agency Fitch affirms Latvia's Credit rating
20.09.2019 S&P Global Ratings re-affirms Latvia's credit rating
31.05.2019 Credit rating agency Moody's Investors Service re-affirms Latvia's credit rating
12.04.2019 Credit rating agency Fitch re-affirms Latvia's Credit rating
22.03.2019 S&P Global Ratings re-affirms Latvia's Credit rating
04.02.2019 Japanese credit rating agency R&I re-affirms Latvia's Credit rating
26.10.2018 Credit rating agency Fitch re-affirms Latvia's credit rating
21.09.2018 Credit rating agency S&P Global upgraded Latvia`s credit rating
27.04.2018 Credit rating agency Fitch re-affirms Latvia’s credit rating
23.03.2018 Credit rating agency S&P Global re-affirmed Latvia long term foreign and local currency sovereign credit ratings at 'A-'
22.02.2018 Credit rating agency S&P Global re-affirms Latvia's credit rating
15.01.2018 Japanese credit rating agency R&I upgraded Latvia's credit rating at "A-"
27.10.2017 Credit rating agency Fitch affirmed Latvia credit ratings at 'A-'
22.09.2017 S&P Global changed Latvia`s credit rating outlook
17.07.2017 Credit rating agency Moody`s affirmed Latvia long term foreign and local currency sovereign credit ratings at 'A3'
02.05.2017 Credit rating agency Fitch affirmed Latvia long term foreign and local currency sovereign credit ratings at 'A-'
27.03.2017 Credit rating agency S&P Global affirmed Latvia long term foreign and local currency sovereign credit ratings at 'A-'
30.01.2017 Japanese credit rating agency R&I changed Latvia`s credit rating outlook to positive from stable

 

 

Development of Latvia`s credit rating

Development of Latvia's Credit Rating