Egypt - Credit Rating

Standard & Poor's credit rating for Egypt stands at B with stable outlook. Moody's credit rating for Egypt was last set at B3 with stable outlook. Fitch's credit rating for Egypt was last reported at B with positive outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Egypt thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Egypt as reported by major credit rating agencies.



AgencyRatingOutlookDate
S&PB Stable May 11 2018
FitchB Positive Jan 16 2018
S&PB- Positive Nov 10 2017
S&PB- Stable Nov 11 2016
S&PB- Negative May 13 2016
TE28 Positive Apr 16 2016
S&PB- Stable Nov 13 2015
S&PB- Positive May 15 2015
Moody'sB3 Stable Apr 07 2015
FitchB Stable Dec 19 2014
FitchB Stable Dec 19 2014
Moody'sCaa1 Stable Oct 20 2014
FitchB- Stable Jan 03 2014
S&PB- Stable Nov 15 2013
FitchB- Negative Jul 05 2013
S&PCCC+ Stable May 09 2013
Moody'sCaa1 Negative Mar 21 2013
FitchB Negative Jan 30 2013
Moody'sB2 Negative Watch Jan 18 2013
Moody'sB3 Negative Jan 12 2013
S&PB- Negative Dec 24 2012
S&PB Negative Aug 23 2012
S&PB Negative Watch Jun 25 2012
FitchB+ Negative Jun 15 2012
S&PB Negative Feb 10 2012
FitchBB- Negative Dec 30 2011
Moody'sB2 Negative Watch Dec 21 2011
S&PB+ Negative Nov 24 2011
Moody'sB1 Negative Oct 27 2011
S&PBB- Negative Oct 18 2011
Moody'sBa3 Negative Mar 16 2011
S&PBB Negative Mar 10 2011
FitchBB Negative Watch Feb 03 2011
S&PBB Negative Watch Feb 01 2011
Moody'sBa2 Negative Jan 31 2011
FitchBB+ Negative Jan 28 2011
Moody'sBa1 Stable Aug 19 2009
FitchBB+ Stable Aug 18 2008
Moody'sBa1 Negative Jun 23 2008
FitchBB+ Positive Jun 18 2007
S&PBB+ Stable Mar 14 2005
Moody'sBa1 Stable Nov 15 2003
S&PBB+ Negative Aug 22 2003
FitchBB+ Stable Aug 21 2002
S&PBB+ Stable May 22 2002
FitchBBB- Negative Jan 22 2002
Moody'sBa1 Negative Nov 07 2001
FitchBBB- Stable Sep 21 2000
S&PBBB- Negative Jul 03 2000
Moody'sBa1 Stable Nov 14 1997
Moody'sBa2 Positive Watch Oct 01 1997
Moody'sBa2 Positive Oct 01 1997
FitchBBB- N/A Aug 19 1997
S&PBBB- Stable Jan 15 1997
Moody'sBa2 Stable Oct 09 1996


 S&PMoody'sFitchDBRSTE
B+ B1 35
BBB BBB 65
B- B3 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 B3 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 (low) 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+ B3 B- 41
AA- A1 A+ AA (low) 81
B B1 B 31
AA Aaa AAA 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 B3 B B 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- Baa2 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+ B2 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 (high) 74
Baa1 65
BBB+ A3 BBB+ BBB (high) 60
B3 25
B- B3 B- 36
B+ B1 40
BBB- 55
BBB- Ba1 BBB- 54
SD Caa3 RD 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 Baa3 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 BBB BBB 44
D 0
AA- Aa3 AA- 87
CCC+ B3 CC 30
BBB- Baa3 BBB- 52
BBB- 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
A- Baa1 A- A 62
B+ B1 B+ 38
B3 25
B B2 B- 39
B2
AAA Aaa AAA AAA 99
AAA Aaa AAA AAA 100
AA- Aa3 AA- 82
B- B3
B1
BBB+ Baa1 BBB+ 63
BBB+ Ba1 68
N/A B2 B+ 44
BB- Ba2 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 C RD 5
BB- B1 BB 29
B B3 B 34


Ratings

TE S&P Moody's Fitch DBRS Description
100 AAA Aaa AAA AAA Prime
95 AA+ Aa1 AA+ AA (high) High grade
90 AA Aa2 AA AA
85 AA- Aa3 AA- AA (low)
80 A+ A1 A+ A (high) Upper medium grade
75 A A2 A A
70 A- A3 A- A (low)
65 BBB+ Baa1 BBB+ BBB (high) Lower medium grade
60 BBB Baa2 BBB BBB
55 BBB- Baa3 BBB- BBB (low)
50 BB+ Ba1 BB+ BB (high) Non-investment grade
speculative
45 BB Ba2 BB BB
40 BB- Ba3 BB- BB (low)
35 B+ B1 B+ B (high) Highly speculative
30 B B2 B B
25 B- B3 B- B (low)
20 CCC+ Caa1 CCC CCC (high) Substantial risks
15 CCC Caa2 CCC Extremely speculative
10 CCC- Caa3 CCC (low) In default with little
prospect for recovery
  CC Ca CC
5 C C C
0 D / DDD   In default
/ DD D
D
Standard & Poor, Moody's, Fitch and DBRS' sovereign debt credit rating is displayed above. In addition, the Trading Economics (TE) credit rating is shown scoring 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


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