Bulgaria - Credit Rating

Standard & Poor's credit rating for Bulgaria stands at BBB+ with positive outlook. Moody's credit rating for Bulgaria was last set at Baa1 with stable outlook. DBRS' credit rating for Bulgaria was last reported at BBB (high) 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 Bulgaria thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Bulgaria as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
S&P	BBB+	Positive	May 15 2026
S&P	BBB+	Stable	Jul 10 2025
DBRS	BBB (high)	Stable	May 02 2025
S&P	BBB	Positive	Nov 24 2023
S&P	BBB	Stable	May 29 2020
S&P	BBB	Positive	Nov 29 2019
S&P	BBB-	Positive	Jun 01 2018
S&P	BBB-	Stable	Dec 01 2017
S&P	BB+	Positive	Jun 02 2017
S&P	BB+	Stable	Dec 12 2014
S&P	BBB-	Stable	Jun 13 2014
S&P	BBB	Negative	Dec 13 2013
S&P	BBB	Stable	Dec 01 2009
S&P	BBB	Negative	Oct 30 2008
S&P	BBB+	Negative Watch	Oct 23 2008
S&P	BBB+	Stable	Oct 26 2006
S&P	BBB	Positive	Oct 27 2005
S&P	BBB-	Positive	Feb 10 2005
S&P	BBB-	Stable	Jun 24 2004
S&P	BB+	Stable	May 22 2003
S&P	BB	Positive	Oct 07 2002
S&P	BB-	Stable	Nov 07 2001
S&P	B+	Positive	May 10 2000
S&P	B	Positive	Nov 23 1998