Rating Agency | Rating | Outlook | Last Update | Action |
---|---|---|---|---|
Standard & Poor's | N/A | - | 21 Sep 2021 | rating downgrade |
Moody's Investors Service | C | - | 20 Sep 2021 | rating upgrade |
Fitch Ratings | RD | - | 14 Nov 2017 | rating downgrade |
DBRS | - | - |
Current Venezuela credit ratings, according to the main rating agencies, provide a snapshot of the country’s creditworthiness and financial stability. These ratings are critical for understanding how international and domestic investors perceive Venezuela ability to honor its financial commitments.
The ratings are determined by comprehensive evaluations conducted by major credit rating agencies such as Standard & Poor's (S&P), Moody's, and Fitch Ratings. Each of these agencies uses a distinct rating scale and methodology to assess the economic and financial health of Venezuela, taking into account various factors such as economic performance, fiscal policies, political stability, and debt levels.
Discover what a Credit Rating is and why it matters.
Venezuela: Long-term Rating Scales Comparison
Venezuela long-term credit ratings, as assigned by major rating agencies, offer a comparative insight into the country's creditworthiness over an extended period. Each rating agency uses its own scale to evaluate the credit risk associated with Venezuela sovereign debt. These scales help investors understand the likelihood that Venezuela will meet its financial obligations.
Symbol means a negative outlook.
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
|
Venezuela Credit Ratings historical data
Symbol means a positive outlook assigned by the rating agency.
Symbol means a negative outlook.
Date | S&P | Moody's | Fitch | DBRS |
---|---|---|---|---|
21 Sep 2021 | N/A | |||
20 Sep 2021 | C | |||
15 Aug 2019 | WR | |||
9 Mar 2018 | C | |||
14 Nov 2017 | SD | RD | ||
3 Nov 2017 | CC | C | ||
30 Aug 2017 | CC | |||
11 Jul 2017 | CCC- | |||
4 Mar 2016 | Caa3 | |||
9 Feb 2015 | CCC | |||
13 Jan 2015 | Caa3 | |||
18 Dec 2014 | CCC | |||
16 Sep 2014 | CCC+ | |||
25 Mar 2014 | B | |||
16 Dec 2013 | Caa1 | |||
13 Dec 2013 | B- | |||
17 Jun 2013 | B | |||
19 Apr 2013 | B+ | |||
15 Jan 2013 | B2 | |||
4 Apr 2012 | B+ | |||
19 Aug 2011 | B+ | |||
11 Jan 2010 | BB- | |||
15 Jan 2009 | B2 | |||
16 Dec 2008 | B+ | |||
10 Dec 2008 | BB- | |||
19 Sep 2008 | B2 | |||
18 Oct 2007 | BB- | |||
11 Jan 2007 | BB- | |||
4 Oct 2006 | BB- | |||
3 Feb 2006 | BB- | |||
14 Nov 2005 | BB- | |||
12 Aug 2005 | B+ | |||
3 Mar 2005 | B | |||
18 Jan 2005 | SD | |||
20 Sep 2004 | B+ | |||
7 Sep 2004 | B2 | |||
25 Aug 2004 | B | |||
29 Mar 2004 | B | |||
30 Jul 2003 | B- | |||
23 Jun 2003 | B- | |||
28 May 2003 | Caa1 | |||
16 Apr 2003 | CCC+ | |||
12 Mar 2003 | C | |||
21 Jan 2003 | Caa1 | |||
10 Jan 2003 | CCC+ | |||
13 Dec 2002 | CCC+ | |||
24 Sep 2002 | B- | |||
20 Sep 2002 | B3 | |||
28 Jun 2002 | B | |||
27 Feb 2002 | B2 | |||
11 Feb 2002 | B | |||
6 Feb 2002 | B+ | |||
18 Dec 2001 | B | |||
21 Sep 2000 | B | |||
15 May 2000 | BB- | |||
21 Dec 1999 | B | |||
2 Sep 1999 | BB- | |||
3 Sep 1998 | B2 | |||
28 Aug 1998 | B+ | |||
22 Jul 1998 | B1 | |||
8 May 1998 | Ba2 | |||
15 Sep 1997 | BB- | |||
5 Jun 1997 | B+ | |||
24 Jan 1997 | B | |||
26 Jun 1996 | B | |||
23 Feb 1996 | B | |||
27 Jul 1994 | B+ | |||
8 Apr 1994 | Ba2 | |||
4 Mar 1994 | BB- | |||
7 Feb 1994 | Ba1 | |||
5 Apr 1993 | BB | |||
4 Nov 1992 | BB | |||
6 Aug 1991 | Ba1 | |||
25 Jul 1991 | BB | |||
24 Jul 1991 | B+ | |||
17 Jun 1989 | B+ | |||
3 Jun 1987 | Ba2 | |||
28 Mar 1983 | BB | |||
15 Mar 1983 | WR | |||
11 Feb 1983 | A- | |||
4 Feb 1983 | Aa | |||
5 Oct 1977 | AA | |||
29 Dec 1976 | Aaa |