Credit rating
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
02.06.2025. Latvia’s credit rating from S&P Global remains at A Stable
09.05.2025. Fitch Ratings affirms Latvia`s credit rating at A- with stable outlook
31.03.2025 Japanese credit rating agency R&I affirmed Latvia's credit rating at A level with stable outlook
02.12.2024 Latvia’s credit rating from S&P Global remains at A Stable
15.11.2024. Fitch Ratings affirms Latvia`s credit rating at A- with stable outlook
26.07.2024 Moody’s keeps Latvia`s credit rating level at A3 with stable outlook
12.07.2024 Fitch Ratings affirmed Latvia`s credit rating at A- with positive outlook
31.05.2024. S&P Global lowered Latvia`s credit rating to A from A+, outlook stable
26.01.2024. Moody's affirmed Latvia's credit rating at A3 with stable outlook
12.01.2024. Fitch Ratings affirmed Latvia`s credit rating at A- with positive outlook
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
14.02.2022 Fitch Ratings affirms Latvia's credit rating at "A-"
09.02.2022 S&P Global published research update on the credit rating of Latvia
13.12.2021 The Japanese credit rating agency R&I affirms Latvia's credit rating at A Stable
15.11.2021 Moody's affirms Latvia's credit rating at A3 level
03.09.2021 Fitch Ratings affirms Latvia's credit rating at "A-" level with a stable outlook.
Development of Latvia`s credit rating
