Rating Agency | Rating | Outlook | Last Update | Action |
---|---|---|---|---|
Standard & Poor's | BB+ | negative | 19 Jan 2024 | outlook downgrade |
Moody's Investors Service | Baa2 | negative | 28 Jun 2024 | outlook downgrade |
Fitch Ratings | BB+ | - | 2 Jul 2021 | rating downgrade |
DBRS | BBB (low) | - | 25 Jun 2021 | rating downgrade |
Current Colombia 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 Colombia 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 Colombia, 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.
Colombia: Long-term Rating Scales Comparison
Colombia 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 Colombia sovereign debt. These scales help investors understand the likelihood that Colombia 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
|
Colombia 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 |
---|---|---|---|---|
28 Jun 2024 | Baa2 | |||
19 Jan 2024 | BB+ | |||
7 Oct 2021 | Baa2 | |||
2 Jul 2021 | BB+ | |||
25 Jun 2021 | BBB (low) | |||
20 May 2021 | BB+ | |||
4 Dec 2020 | Baa2 | |||
7 Apr 2020 | BBB | |||
2 Apr 2020 | BBB- | |||
27 Mar 2020 | BBB- | |||
24 May 2019 | Baa2 | BBB | ||
22 Feb 2018 | Baa2 | |||
12 Dec 2017 | BBB- | |||
10 Mar 2017 | BBB | |||
22 Jul 2016 | BBB | |||
16 Feb 2016 | BBB | |||
28 Jul 2014 | Baa2 | |||
10 Dec 2013 | BBB | |||
8 Jul 2013 | Baa3 | |||
24 Apr 2013 | BBB | |||
28 Mar 2013 | BBB | |||
6 Mar 2013 | BBB- | |||
15 Aug 2012 | BBB- | |||
27 Feb 2012 | BBB (low) | |||
23 Jun 2011 | BBB- | |||
31 May 2011 | Baa3 | |||
16 Mar 2011 | BBB- | |||
14 Oct 2010 | BB+ | |||
9 Sep 2010 | Ba1 | |||
7 Jul 2010 | BB+ | |||
11 Jun 2009 | BBB (low) | |||
11 Aug 2008 | BB (high) | |||
19 Jun 2008 | Ba1 | |||
25 Jun 2007 | Ba2 | |||
21 Jun 2007 | BB+ | |||
5 Mar 2007 | BB+ | |||
11 Dec 2006 | BB (high) | |||
5 Jun 2006 | BB | |||
9 Mar 2006 | Ba2 | |||
22 Feb 2006 | BB | |||
3 May 2004 | BB | |||
14 Jul 2003 | BB | |||
29 Aug 2002 | BB | |||
27 Mar 2002 | Ba2 | |||
10 Jan 2002 | BB | |||
24 Oct 2000 | BB+ | |||
24 May 2000 | BB | |||
10 Apr 2000 | BB+ | |||
17 Mar 2000 | BB+ | |||
21 Sep 1999 | BB+ | |||
11 Aug 1999 | Ba2 | |||
11 Jun 1999 | BBB- | |||
30 Sep 1998 | Baa3 | |||
7 Oct 1997 | BBB- | |||
19 Sep 1995 | Baa3 | |||
6 Jun 1995 | Ba1 | |||
21 Sep 1994 | BBB- | |||
10 Aug 1994 | BBB | |||
4 Aug 1993 | Ba1 | |||
21 Jun 1993 | BBB- |