Current Namibia credit ratings, according to main rating agencies.

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Rating Agency Rating Outlook Last Update Action
Standard & Poor's - -
Moody's Investors Service Ba1 negative 11 Aug 2017 rating downgrade
Fitch Ratings BB - 2 Oct 2019 rating downgrade
DBRS - -

Namibia Credit Ratings: Long-term Rating Scales Comparison

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Description S&P Moody's Fitch DBRS Grade
Prime AAA Aaa AAA AAA Investment
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 BB+ Ba1 BB+ BB(high) Speculative
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 Ca C C
In Default RD C RD RD
SD / SD SD
D / D D

Namibia Credit Ratings historical data

Agencies:

Timetable of Namibia 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.

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Date S&P Moody's Fitch DBRS
2 Oct 2019 BB
21 Feb 2019 BB+
20 Nov 2017 BB+
11 Aug 2017 Ba1
2 Dec 2016 Baa3
2 Sep 2016 BBB-
9 Dec 2011 BBB-
22 Sep 2011 Baa3
13 Dec 2010 BBB-
7 Dec 2005 BBB-

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