Current Latvia credit ratings, according to main rating agencies.
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| Rating Agency | Rating | Outlook | Last Update | Action |
|---|---|---|---|---|
| Standard & Poor's | A+ | negative | 7 Dec 2022 | outlook downgrade |
| Moody's Investors Service | A3 | - | 13 Feb 2015 | rating upgrade |
| Fitch Ratings | A- | positive | 31 Jul 2023 | outlook upgrade |
| DBRS | A | - | 22 Nov 2021 | rating upgrade |
Latvia: Long-term Rating Scales Comparison
Symbol means a positive outlook assigned by the rating agency.
Symbol means a negative outlook.
Swipe left to see all data
| Grade | Description | S&P | Moody's | Fitch | DBRS |
|---|---|---|---|---|---|
|
Investment Grade |
Prime |
AAA
|
Aaa
|
AAA
|
AAA
|
| High Medium Grade |
AA+
|
Aa1
|
AA+
|
AA(high)
|
|
|
AA
|
Aa2
|
AA
|
AA
|
||
|
AA-
|
Aa3
|
AA-
|
AA(low)
|
||
| Upper Medium Grade |
A+
|
A1
|
A+
|
A(high)
|
|
|
A
|
A2
|
A
|
A
|
||
|
A-
|
A3
|
A-
|
A(low)
|
||
| Lower Medium Grade |
BBB+
|
Baa1
|
BBB+
|
BBB(high)
|
|
|
BBB
|
Baa2
|
BBB
|
BBB
|
||
|
BBB-
|
Baa3
|
BBB-
|
BBB(low)
|
||
|
Speculative Grade |
Speculative |
BB+
|
Ba1
|
BB+
|
BB(high)
|
|
BB
|
Ba2
|
BB
|
BB
|
||
|
BB-
|
Ba3
|
BB-
|
BB(low)
|
||
| Highly Speculative |
B+
|
B1
|
B+
|
B(high)
|
|
|
B
|
B2
|
B
|
B
|
||
|
B-
|
B3
|
B-
|
B(low)
|
||
| Substantial Risk |
CCC+
|
Caa1
|
CCC+
|
CCC(high)
|
|
|
CCC
|
Caa2
|
CCC
|
CCC
|
||
|
CCC-
|
Caa3
|
CCC-
|
CCC(low)
|
||
| Extremely Speculative |
CC
|
Ca
|
CC
|
CC
|
|
|
C
|
C
|
C
|
C
|
||
| In Default |
RD
|
/
|
RD
|
RD
|
|
|
SD
|
/
|
SD
|
SD
|
||
|
D•NR
|
D•NR
|
D•NR
|
D•NR
|
||
Latvia Credit Ratings historical data
Timetable of Latvia credit ratings by S&P, Moody's, Fitch and DBRS agencies.
Symbol means a positive outlook assigned by the rating agency.
Symbol means a negative outlook.
Swipe left to see all data
| Date | S&P | Moody's | Fitch | DBRS |
|---|---|---|---|---|
| 31 Jul 2023 | A- | |||
| 7 Dec 2022 | A+ | |||
| 22 Nov 2021 | A | |||
| 24 May 2021 | A (low) | |||
| 10 Oct 2020 | A- | |||
| 23 May 2020 | A (low) | |||
| 11 Apr 2020 | A- | |||
| 22 Feb 2020 | A+ | |||
| 25 May 2019 | A (low) | |||
| 22 Sep 2018 | A | |||
| 22 Sep 2017 | A- | |||
| 30 Jun 2017 | A (low) | |||
| 13 Feb 2015 | A3 | |||
| 20 Jun 2014 | A- | |||
| 30 May 2014 | A- | |||
| 13 Dec 2013 | BBB+ | |||
| 9 Jul 2013 | BBB+ | |||
| 13 Jun 2013 | Baa1 | |||
| 10 Jun 2013 | BBB+ | |||
| 15 Mar 2013 | Baa2 | |||
| 13 Nov 2012 | BBB | |||
| 9 Nov 2012 | BBB | |||
| 2 May 2012 | BBB- | |||
| 13 Dec 2011 | BBB- | |||
| 6 Jun 2011 | Baa3 | |||
| 15 Mar 2011 | BBB- | |||
| 9 Mar 2011 | BB+ | |||
| 7 Dec 2010 | BB+ | |||
| 3 Sep 2010 | BB+ | |||
| 31 Mar 2010 | Baa3 | |||
| 12 Feb 2010 | BB | |||
| 10 Aug 2009 | BB | |||
| 23 Apr 2009 | Baa3 | |||
| 8 Apr 2009 | BB+ | |||
| 24 Feb 2009 | BB+ | |||
| 7 Jan 2009 | Baa1 | |||
| 12 Nov 2008 | BBB- | |||
| 7 Nov 2008 | A3 | |||
| 27 Oct 2008 | BBB | |||
| 3 Oct 2008 | BBB | |||
| 25 Sep 2008 | A2 | |||
| 31 Jan 2008 | BBB+ | |||
| 12 Sep 2007 | A2 | |||
| 17 Aug 2007 | BBB+ | |||
| 17 May 2007 | BBB+ | |||
| 5 Apr 2007 | A- | |||
| 19 Feb 2007 | A- | |||
| 9 Mar 2006 | A2 | |||
| 26 Aug 2005 | A- | |||
| 29 Jul 2004 | A- | |||
| 7 Jul 2004 | A- | |||
| 4 Nov 2003 | BBB+ | |||
| 29 Jul 2003 | BBB+ | |||
| 21 Jul 2003 | BBB+ | |||
| 12 Nov 2002 | A2 | |||
| 20 Aug 2002 | BBB+ | |||
| 9 Aug 2001 | BBB | |||
| 17 Jul 2001 | BBB | |||
| 29 Jun 1998 | BBB | |||
| 17 Dec 1997 | Baa2 | |||
| 16 Jan 1997 | BBB |