Namibia Credit Rating

Current Namibia 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 Namibia 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 Namibia, taking into account various factors such as economic performance, fiscal policies, political stability, and debt levels.

The table below shows the current Namibia credit ratings, according to the main rating agencies.

Swipe left to see all data
Rating Agency Rating Outlook Last Update Action
Standard & Poor's - -
Moody's Investors Service B1 positive 8 Apr 2024 outlook upgrade
Fitch Ratings BB negative 16 Jul 2021 rating upgrade
DBRS - -

Namibia: Long-term Rating Scales Comparison

Namibia 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 Namibia sovereign debt. These scales help investors understand the likelihood that Namibia will meet its financial obligations.

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
The first official book of
How to build wealth
with Lazy Portfolios and Passive Investing Strategies
Choose a goal
Use the best metrics to test it
Choose Bond ETFs to control risk
Join the passive investing strategy
New asset allocation simulations in USD and EUR

Namibia Credit Ratings historical data

Not enough data.

Not enough data.

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.
Swipe left to see all data
Date S&P Moody's Fitch DBRS
8 Apr 2024 B1
28 Jun 2022 BB-
6 Apr 2022 B1
16 Jul 2021 BB
7 Dec 2020 Ba3
22 Jun 2020 BB
23 May 2020 Ba2
7 Dec 2019 Ba2
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-