Data work · historical snapshot
Moody’s credit ratings for Europe, 2020
Explore the historical Moody’s sovereign credit ratings for European countries in an interactive map and complete table.
Data as of 27 November 2020 · original route preserved
Moody’s credit ratings
Data as of 27 November 2020
Source: Moody’s
- Prime
- High grade
- Upper medium grade
- Lower medium grade
- Speculative
- Highly speculative
- Substantial risks
- Extremely speculative
- Imminent default
- Defaulted
- Not rated
Choose a country, or point to the map, to inspect its archived rating.
Country ratings
This table is the readable source behind the map. A blank historical value is shown as “Not rated”.
| Country or territory | Code | Moody’s rating | Category |
|---|---|---|---|
| Albania | AL | B1 | Highly speculative |
| Andorra | AD | Not rated | Not rated |
| Armenia | AM | Ba3 | Speculative |
| Austria | AT | Aa1 | High grade |
| Azerbaijan | AZ | Ba2 | Speculative |
| Belarus | BY | B3 | Highly speculative |
| Belgium | BE | Aa3 | High grade |
| Bosnia and Herzegovina | BA | B3 | Highly speculative |
| Bulgaria | BG | Baa1 | Lower medium grade |
| Croatia | HR | Ba1 | Speculative |
| Cyprus | CY | Ba2 | Speculative |
| Czech Republic | CZ | Aa3 | High grade |
| Denmark | DK | Aaa | Prime |
| Estonia | EE | A1 | Upper medium grade |
| European Union | EU | Aaa | Prime |
| Farroe islands | FO | Not rated | Not rated |
| Finland | FI | Aa1 | High grade |
| France | FR | Aa2 | High grade |
| Georgia | GE | Ba2 | Speculative |
| Germany | DE | Aaa | Prime |
| Greece | GR | Ba3 | Speculative |
| Guernsey | GG | Not rated | Not rated |
| Holy See | VA | Not rated | Not rated |
| Hungary | HU | Baa3 | Lower medium grade |
| Iceland | IS | A2 | Upper medium grade |
| Ireland | IE | A2 | Upper medium grade |
| Isle of Man | IM | Aa3 | High grade |
| Italy | IT | Baa3 | Lower medium grade |
| Jersey | JE | Not rated | Not rated |
| Kazakhstan | KZ | Baa3 | Lower medium grade |
| Kosovo | XK | Not rated | Not rated |
| Latvia | LV | A3 | Upper medium grade |
| Liechtenstein | LI | Not rated | Not rated |
| Lithuania | LT | A3 | Upper medium grade |
| Luxembourg | LU | Aaa | Prime |
| Macedonia | MK | Not rated | Not rated |
| Malta | MT | A2 | Upper medium grade |
| Moldova | MD | B3 | Highly speculative |
| Monaco | MC | Not rated | Not rated |
| Montenegro | ME | B1 | Highly speculative |
| Netherlands | NL | Aaa | Prime |
| Norway | NO | Aaa | Prime |
| Poland | PL | A2 | Upper medium grade |
| Portugal | PT | Baa3 | Lower medium grade |
| Romania | RO | Baa3 | Lower medium grade |
| Russia | RU | Baa3 | Lower medium grade |
| San Marino | SM | Not rated | Not rated |
| Serbia | RS | Ba3 | Speculative |
| Slovakia | SK | A2 | Upper medium grade |
| Slovenia | SI | A3 | Upper medium grade |
| Spain | ES | Baa1 | Lower medium grade |
| Sweden | SE | Aaa | Prime |
| Switzerland | CH | Aaa | Prime |
| Turkey | TR | B2 | Highly speculative |
| Ukraine | UA | B3 | Highly speculative |
| United Kingdom | GB | Aa3 | High grade |