| Rating Agency | Rating | Outlook | Last Update | Action |
|---|---|---|---|---|
| Standard & Poor's | AA+ | - | 16 Sep 2016 | outlook upgrade |
| Moody's Investors Service | Aa1 | - | 3 Jun 2016 | rating downgrade |
| Fitch Ratings | AA+ | negative | 10 Aug 2024 | outlook downgrade |
| DBRS | AA (high) | - | 9 Sep 2016 | rating downgrade |
Current Finland 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 Finland 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 Finland, 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.
Finland: Long-term Rating Scales Comparison
Finland 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 Finland sovereign debt. These scales help investors understand the likelihood that Finland 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
|
||
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Finland 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 |
|---|---|---|---|---|
| 10 Aug 2024 | AA+ | |||
| 25 Jan 2020 | AA+ | |||
| 3 Aug 2018 | AA+ | |||
| 16 Sep 2016 | AA+ | |||
| 9 Sep 2016 | AA (high) | |||
| 3 Jun 2016 | Aa1 | |||
| 11 Mar 2016 | AA+ | |||
| 25 Sep 2015 | AA+ | |||
| 11 Sep 2015 | AAA | |||
| 5 Jun 2015 | Aaa | |||
| 20 Mar 2015 | AAA | |||
| 10 Oct 2014 | AA+ | |||
| 11 Apr 2014 | AAA | |||
| 14 Jan 2013 | AAA | |||
| 14 Aug 2012 | AAA | |||
| 5 Dec 2011 | AAA | |||
| 1 Feb 2002 | AAA | |||
| 3 Oct 2000 | AA+ | |||
| 1 Sep 1999 | AA+ | |||
| 5 Aug 1998 | AAA | |||
| 6 May 1998 | AA | |||
| 4 May 1998 | Aaa | |||
| 29 Apr 1997 | AA+ | |||
| 15 Jan 1997 | Aa1 | |||
| 17 Dec 1996 | AA | |||
| 12 Mar 1996 | AA | |||
| 10 Aug 1995 | AA- | |||
| 10 Aug 1994 | AA- | |||
| 10 Mar 1993 | AA- | |||
| 16 Sep 1992 | AA+ | |||
| 3 Mar 1992 | AA+ | |||
| 13 Jan 1992 | Aa2 | |||
| 18 Dec 1990 | AAA | |||
| 20 Oct 1990 | Aa1 | |||
| 7 Feb 1986 | Aaa | |||
| 19 Oct 1977 | Aa | |||
| 1 Apr 1972 | AAA |
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