Rating Agency | Rating | Outlook | Last Update | Action |
---|---|---|---|---|
Standard & Poor's | AA | positive | 18 Nov 2024 | outlook upgrade |
Moody's Investors Service | Aa3 | positive | 19 Aug 2024 | outlook upgrade |
Fitch Ratings | AA- | positive | 17 Jul 2023 | outlook upgrade |
DBRS | AA | - | 23 Sep 2024 | rating upgrade |
Current Ireland 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 Ireland 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 Ireland, 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.
Ireland: Long-term Rating Scales Comparison
Ireland 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 Ireland sovereign debt. These scales help investors understand the likelihood that Ireland 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
|
Ireland 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 |
---|---|---|---|---|
18 Nov 2024 | AA | |||
23 Sep 2024 | AA | |||
19 Aug 2024 | Aa3 | |||
25 Mar 2024 | AA (low) | |||
17 Jul 2023 | AA- | |||
22 May 2023 | AA | |||
24 Apr 2023 | Aa3 | |||
21 Nov 2022 | AA- | |||
7 May 2022 | A1 | |||
31 Jan 2022 | AA- | |||
17 Jan 2022 | AA (low) | |||
16 Aug 2021 | A2 | |||
19 Jul 2021 | A (high) | |||
18 May 2020 | A (high) | |||
3 Feb 2020 | A (high) | |||
30 Nov 2019 | AA- | |||
15 Dec 2017 | A+ | |||
15 Sep 2017 | A2 | |||
14 May 2016 | A3 | |||
11 Mar 2016 | A (high) | |||
5 Feb 2016 | A | |||
11 Sep 2015 | Baa1 | A | ||
7 Aug 2015 | A- | |||
5 Jun 2015 | A+ | |||
13 Mar 2015 | A | |||
5 Dec 2014 | A | |||
26 Sep 2014 | A (low) | |||
15 Aug 2014 | A- | |||
6 Jun 2014 | A- | |||
16 May 2014 | Baa1 | |||
17 Jan 2014 | Baa3 | |||
20 Sep 2013 | Ba1 | |||
12 Jul 2013 | BBB+ | |||
11 Feb 2013 | BBB+ | |||
14 Nov 2012 | BBB+ | |||
22 May 2012 | A (low) | |||
5 Dec 2011 | BBB+ | |||
17 Aug 2011 | A (low) | |||
12 Jul 2011 | Ba1 | |||
15 Apr 2011 | Baa3 | |||
1 Apr 2011 | BBB+ | BBB+ | A | |
2 Feb 2011 | A- | |||
17 Dec 2010 | Baa1 | |||
15 Dec 2010 | AA | |||
9 Dec 2010 | BBB+ | |||
23 Nov 2010 | A | |||
6 Oct 2010 | A+ | |||
5 Oct 2010 | Aa2 | |||
24 Aug 2010 | AA- | |||
21 Jul 2010 | AA | |||
19 Jul 2010 | Aa2 | |||
4 Nov 2009 | AA | |||
2 Jul 2009 | Aa1 | |||
8 Jun 2009 | AA | |||
8 Apr 2009 | AA+ | |||
30 Mar 2009 | AA+ | |||
6 Mar 2009 | AAA | |||
30 Jan 2009 | Aaa | |||
9 Jan 2009 | AAA | |||
3 Oct 2001 | AAA | |||
3 Oct 2000 | AA+ | |||
16 Dec 1998 | AAA | |||
6 May 1998 | AA+ | |||
4 May 1998 | Aaa | |||
18 Mar 1998 | Aa1 | |||
13 Feb 1997 | Aa1 | |||
24 Jan 1997 | Aa2 | |||
3 May 1995 | AA | |||
10 Oct 1994 | AA+ | |||
31 Aug 1994 | Aa2 | |||
24 Jun 1994 | Aa3 | |||
10 May 1994 | AA- | |||
12 Oct 1989 | AA- | |||
1 Oct 1988 | A+ | |||
15 Jul 1987 | Aa3 |