Current Taiwan credit ratings, according to main rating agencies.

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Rating Agency Rating Outlook Last Update Action
Standard & Poor's AA+ - 30 Apr 2022 rating upgrade
Moody's Investors Service Aa3 positive 25 Feb 2021 outlook upgrade
Fitch Ratings AA - 10 Sep 2021 rating upgrade
DBRS - -

Taiwan: Long-term Rating Scales Comparison

Symbol means a positive outlook assigned by the rating agency.
Symbol means a negative outlook.

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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

Taiwan Credit Ratings historical data

Not enough data.

Timetable of Taiwan 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
30 Apr 2022 AA+
10 Sep 2021 AA
22 Apr 2021 AA
25 Feb 2021 Aa3
12 Oct 2016 AA-
12 Oct 2015 A+
10 Jun 2010 AA-
14 Apr 2009 AA-
11 Apr 2008 AA-
30 Nov 2004 AA-
18 Dec 2002 AA-
19 Nov 2001 A+
26 Jul 2001 AA
6 Dec 2000 AA+
24 Mar 1994 Aa3
2 Aug 1991 AA+
26 Jun 1989 AA
20 Apr 1989 AA

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