Argentina | Credit Rating

Standard & Poor's credit rating for Argentina stands at B+ with stable outlook. Moody's credit rating for Argentina was last set at B2 with stable outlook. Fitch's credit rating for Argentina was last reported at B with positive outlook. DBRS's credit rating for Argentina is B with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Argentina thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Argentina as reported by major credit rating agencies.



AgencyRatingOutlookDate
Moody'sB2 Stable Nov 29 2017
FitchB Positive Nov 07 2017
S&PB+ Stable Oct 30 2017
S&PB Stable Apr 04 2017
Moody'sB3 Positive Mar 06 2017
DBRSB Stable May 13 2016
FitchB Stable May 10 2016
S&PB- Stable May 06 2016
TE15 Negative Apr 16 2016
Moody'sB3 Stable Apr 15 2016
Moody'sCaa1 Positive Nov 24 2015
Moody'sCaa1 Stable Nov 02 2015
FitchRD N/A Jul 31 2014
DBRSSD N/A Jul 31 2014
Moody'sCaa1 Negative Jul 31 2014
S&PSD N/A Jul 30 2014
S&PCCC- Negative Watch Jul 01 2014
DBRSCC Under Review Jun 20 2014
S&PCCC- Negative Jun 17 2014
Moody'sCaa1 Stable Mar 17 2014
DBRSCCC (high) Negative Feb 18 2014
S&PCCC+ Negative Sep 10 2013
DBRSB (low) Under Review Aug 30 2013
FitchCC N/A Nov 27 2012
DBRSB Under Review Nov 12 2012
FitchB Negative Watch Oct 30 2012
S&PB- Negative Oct 30 2012
Moody'sB3 Negative Sep 17 2012
S&PB Negative Apr 23 2012
DBRSB Stable Oct 05 2011
DBRSB (low) Positive Oct 19 2010
S&PB Stable Sep 13 2010
FitchB Stable Jul 12 2010
S&PB- Stable Oct 31 2008
DBRSB (low) Negative Oct 22 2008
Moody'sB3 Stable Aug 14 2008
S&PB Stable Aug 11 2008
S&PB+ Negative Apr 25 2008
DBRSB (low) Stable Sep 06 2007
Moody'sB3 Positive Jan 16 2007
S&PB+ Stable Oct 02 2006
S&PB Stable Mar 23 2006
FitchRD N/A Dec 14 2005
Moody'sB3 Stable Jun 29 2005
FitchDDD N/A Jun 03 2005
S&PB- Stable Jun 01 2005
FitchD N/A Jan 14 2005
Moody'sCaa1 Stable Aug 20 2003
Moody'sCa Stable Dec 21 2001
FitchDDD N/A Dec 03 2001
S&PSD N/A Nov 06 2001
FitchC Negative Watch Nov 06 2001
FitchCC Negative Watch Nov 02 2001
S&PCC Negative Oct 30 2001
FitchCCC- Negative Oct 12 2001
Moody'sCaa3 Stable Oct 12 2001
S&PCCC+ Negative Oct 09 2001
Moody'sCaa1 Negative Jul 26 2001
Moody'sB3 Negative Watch Jul 13 2001
S&PB- Negative Jul 12 2001
FitchB- Negative Jul 11 2001
S&PB Negative Jun 06 2001
S&PB Negative Watch May 08 2001
FitchB+ Negative Watch Mar 28 2001
Moody'sB2 Negative Watch Mar 28 2001
S&PB+ Negative Watch Mar 26 2001
FitchBB- Negative Watch Mar 20 2001
S&PBB- Negative Watch Mar 19 2001
Moody'sB1 Negative Nov 21 2000
S&PBB- Stable Nov 14 2000
S&PBB Negative Watch Sep 22 2000
FitchBB Negative Sep 21 2000
S&PBB Stable Feb 10 2000
Moody'sB1 Stable Oct 06 1999
Moody'sBa3 Negative Watch Aug 20 1999
S&PBB Negative Jul 22 1999
Moody'sBa3 Negative Watch Sep 03 1998
Moody'sBa3 Stable Oct 02 1997
FitchBB N/A May 28 1997
S&PBB Stable Apr 02 1997
Moody'sB1 Positive Watch May 16 1995
S&PBB- Stable Mar 08 1995
S&PBB- Positive Feb 04 1994
S&PBB- Stable Aug 25 1993
Moody'sB1 Positive Jul 13 1992
Moody'sB3 Negative May 26 1989
Moody'sB2 Negative Dec 04 1987
Moody'sBa3 Stable Nov 18 1985


 S&PMoody'sFitchDBRSTE
B+ B1 35
BBB BBB 65
B- B2 B 41
B+ B2 B B 15
B1 B+ 43
BBB+ BBB- 63
AAA Aaa AAA AAA 97
AA+ Aa1 AA+ AAA 96
BB+ Ba2 BB+ 55
BB+ Baa3 65
B+ B1 BB+ 60
BB- Ba3 BB- 40
CCC+ Caa3 53
B Caa1 B- 25
AA Aa3 AA- AA (high) 88
B- B3 25
N/A N/A 30
A+ A2 N/A 91
BB Ba3 BB- 38
B B3 28
A- A2 73
BB Ba2 BB BB 34
BBB- Baa2 BBB 53
B 30
N/A B2 30
B B2 B 30
AAA Aaa AAA AAA 99
B B 35
Aa3 85
A+ Aa3 A N/A 78
A+ A1 A+ A (high) 80
BBB Baa2 BBB BBB 52
CCC+ B3 25
BB- Ba2 BB 50
BB Ba2 BB 45
Caa2 20
BB+ Ba3 BB BB (low) 36
AA- A1 A+ 81
AAA Aaa AAA AAA 100
BB- Ba3 BB- 36
B- B3 B 29
B- B3 B 28
CCC+ Caa1 B- 41
AA- A1 A+ AA (low) 81
B B1 B 31
AA AAA 99
B+ Ba3 33
AA+ Aa1 AA+ AA (high) 96
AA Aa2 AA AAA 90
N/A B3 B 40
BB- Ba2 BB- 38
AAA Aaa AAA AAA 100
B- B3 B 31
B- Caa2 B- CCC (high) 10
SD
BB- Ba1 BB 49
BB- B1 33
AA+ Aa2 AA+ 95
BBB- Baa3 BBB- 47
A A3 A 55
BBB- Baa2 BBB- BBB 48
BBB- Baa3 BBB- 46
B- Caa1 B- 25
A+ A2 A A (high) 70
N/A Aa2 98
A+ A1 A+ 76
BBB Baa2 BBB BBB (high) 60
Ba3 B+ 38
B B3 B 24
A+ A1 A A 78
B+ B1 45
BBB- Baa3 BBB 61
B+ B1 B+ 20
AA Aa2 AA 90
NR B2 30
A- A3 A- A (low) 69
B- B3 B- 31
B+ 40
AAA 100
A- A3 A- A (low) 69
AAA Aaa AAA AAA 100
Aa3 AA- 88
BB- BB 48
A- A3 A- 66
B2 B+
A- A3 A+ A 74
Baa1 65
BBB+ A3 BBB+ BBB (high) 60
B3 25
B- Caa1 B- 36
B+ B1 40
BBB- 55
BBB- Ba1 BBB- 54
SD Caa3 CC 30
Ba1 BB+ 55
AAA Aaa AAA AAA 100
AA Aaa AA 90
B+ B2 B+ 33
B B2 B+ 28
AAA Aaa AAA AAA 99
BB Baa2 BBB- 78
B B3 B 19
BBB Baa2 BBB 60
B+ B2 35
BB Ba1 BB 41
BBB+ A3 BBB+ N/A 60
BBB Baa2 BBB 53
BBB+ A2 A- A 67
BBB- Ba1 BB+ BBB (low) 44
D 0
AA- Aa3 AA- 87
CCC+ B3 CC 30
BBB- Baa3 BBB- 52
BB+ Ba1 BBB- 43
B B2 B+ 30
BBB- 65
A- A1 A+ 86
B+ Ba3 35
BB- Ba3 BB- 36
BB- 30
AAA Aaa AAA AAA 98
A+ A2 A+ A (high) 80
A+ Baa1 A- A 61
B3 25
BB Baa3 BB+ 49
AA Aa2 AA- 84
BBB+ Baa2 BBB+ A (low) 62
B+ B1 B+ 38
B3 25
B B1 B- 39
B2
AAA Aaa AAA AAA 99
AAA Aaa AAA AAA 100
AA- Aa3 AA- 82
B- B3
BBB+ Baa1 BBB+ 63
BBB+ Ba1 68
BB- B1 B+ 44
BB Ba1 BB+ BB (high) 44
B B2 B+ 33
B- Caa2 B- 15
AA Aa2 AA 90
AA Aa2 AA AAA 95
AA+ Aaa AAA AAA 97
BBB Baa2 BBB- BBB (low) 56
SD Caa3 RD 5
BB- B1 BB- 29
B B3 B 34


Ratings

The Trading Economics credit rating (TE Rating) scores the credit worthiness of a country between 100 (riskless) and 0 (likely to default). Unlike the ratings provided by the major credit agencies, our index is numerical because we believe it is easier to understand and more insightful when comparing multiple countries. Arguably, our ratings are less likely to be manipulated because they are unsolicited and we are not paid in any way to provide countries with a rating. Technically, our ratings are based on a forward looking macro economic model which takes into account several leading economic indicators, financial markets and very little discretion. If you have any question please email us at contact@tradingeconomics.com

TE S&P Moody's Fitch  
100 AAA Aaa AAA Prime
95 AA+ Aa1 AA+ High grade
90 AA Aa2 AA
85 AA- Aa3 AA-
80 A+ A1 A+ Upper medium grade
75 A A2 A
70 A- A3 A-
65 BBB+ Baa1 BBB+ Lower medium grade
60 BBB Baa2 BBB
55 BBB- Baa3 BBB-
50 BB+ Ba1 BB+ Non-investment grade
speculative
45 BB Ba2 BB
40 BB- Ba3 BB-
35 B+ B1 B+ Highly speculative
30 B B2 B
25 B- B3 B-
20 CCC+ Caa1 CCC Substantial risks
15 CCC Caa2 Extremely speculative
10 CCC- Caa3 In default with little
prospect for recovery
  CC Ca
5 C C
0 D / DDD In default
/ DD
D