Poland Credit Rating

CREDIT RATINGS • SUMMARY
POLAND
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Rating Agency Rating Outlook Last Update Action
Standard & Poor's A- - 13 Oct 2018 rating upgrade
Moody's Investors Service A2 - 12 May 2017 outlook upgrade
Fitch Ratings A- - 23 Aug 2013 outlook downgrade
DBRS A - 9 Jun 2017 outlook upgrade

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

Poland: Long-term Rating Scales Comparison

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

Symbol means a positive outlook assigned by the rating agency.
Symbol means a negative outlook.
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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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Poland Credit Ratings historical data

Timetable of Poland 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.
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Date S&P Moody's Fitch DBRS
13 Oct 2018 A-
13 Apr 2018 BBB+
9 Jun 2017 A
12 May 2017 A2
2 Dec 2016 BBB+
10 Jun 2016 A
14 May 2016 A2
15 Jan 2016 BBB+
11 Dec 2015 A
6 Feb 2015 A-
23 Aug 2013 A-
21 Feb 2013 A-
27 Oct 2008 A-
21 Feb 2008 A-
29 Mar 2007 A-
18 Jan 2007 A-
24 Apr 2006 BBB+
23 Mar 2005 BBB+
22 Mar 2005 BBB+
7 Oct 2004 BBB+
6 May 2004 BBB+
4 Nov 2003 BBB+
23 Jun 2003 BBB+
12 Nov 2002 A2
22 Aug 2001 BBB+
12 Apr 2001 BBB+
15 May 2000 BBB+
2 Sep 1999 Baa1
10 Jun 1999 BBB
19 Nov 1998 BBB+
3 Jun 1997 BBB-
7 Jun 1996 BBB
29 Apr 1996 BB+
10 Apr 1996 BBB-
26 Oct 1995 BB+
1 Jun 1995 BB Baa3
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