Bahrain Credit Rating

CREDIT RATINGS • SUMMARY
BAHRAIN
Swipe left to see all data
Rating Agency Rating Outlook Last Update Action
Standard & Poor's B+ - 28 Nov 2023 outlook downgrade
Moody's Investors Service B2 - 22 Apr 2022 outlook upgrade
Fitch Ratings B+ - 15 Aug 2020 rating downgrade
DBRS - -

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

Bahrain: Long-term Rating Scales Comparison

Bahrain 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 Bahrain sovereign debt. These scales help investors understand the likelihood that Bahrain 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
Build wealth
with Lazy Portfolios and Passive Investing
Set your goal
Use top metrics to evaluate
Choose Bond ETFs to control risk
Join the passive investing strategy
Exclusive new asset allocations in EUR and USD

Bahrain Credit Ratings historical data

Timetable of Bahrain 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.

Not enough data.

Swipe left to see all data
Date S&P Moody's Fitch DBRS
28 Nov 2023 B+
28 Nov 2022 B+
22 Apr 2022 B2
29 Nov 2021 B+
31 May 2021 B+
30 Apr 2021 B2
15 Aug 2020 B+
27 Mar 2020 B+
30 Nov 2019 B+
18 Dec 2018 B2
3 Aug 2018 B2
1 Mar 2018 BB-
1 Dec 2017 B+
28 Jul 2017 B1
12 Jun 2017 BB+
2 Jun 2017 BB-
9 Dec 2016 BB-
28 Jun 2016 BB+
14 May 2016 Ba2
4 Mar 2016 Ba1
17 Feb 2016 BB
4 Dec 2015 BBB-
5 Jun 2015 BBB-
16 Apr 2015 Baa3
9 Feb 2015 BBB-
19 Dec 2014 BBB
12 Dec 2014 BBB
18 Sep 2013 Baa2
28 Jan 2013 BBB
3 Aug 2011 BBB
26 May 2011 Baa1
18 Mar 2011 BBB
15 Mar 2011 BBB
3 Mar 2011 A-
23 Feb 2011 A3
21 Feb 2011 A-
17 Feb 2011 A
23 Aug 2010 A3
6 Jan 2009 A2
24 Aug 2007 A
25 Jul 2007 A2
4 Oct 2006 A3
7 Sep 2006 Baa1
17 Aug 2006 A-
5 Apr 2006 A
11 Dec 2003 Baa1
2 Dec 2003 A-
10 Jan 2003 A-
16 Dec 2002 BBB
15 Aug 2002 Baa3
15 Jul 2002 A-
27 Nov 2001 BBB
16 Feb 2000 BBB-
29 Jan 1996 Ba1
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing