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


AgencyRatingOutlookDate
FitchB Negative Jun 22 2021
S&PB- Stable Sep 11 2020
S&PB Negative Apr 30 2020
Moody'sB3 Negative Apr 17 2020
Moody'sB3 Positive Jan 24 2020
Analyst  Oct 17 2019
Analyst20 Oct 17 2019
Analyst20 Oct 10 2019
S&PB Stable Sep 14 2018
S&PB- Positive Oct 06 2017
FitchB Stable May 12 2017
Moody'sB3 Stable Sep 23 2016
Moody'sB3 Negative Mar 15 2015
S&PB- Stable Oct 24 2014
Moody'sB2 Negative Jun 27 2014
FitchB Negative Mar 28 2014
FitchB Negative Mar 28 2014
S&PB Negative Dec 06 2013
Moody'sB1 Negative Dec 05 2013
FitchB Stable Oct 17 2013
S&PB+ Stable Sep 04 2013
FitchB+ Negative Feb 15 2013
Moody'sB1 Stable Dec 20 2012
S&PB Stable Nov 29 2011
FitchB+ Stable Sep 24 2010
S&PB Stable Aug 27 2010
S&PB+ Negative Mar 16 2009
FitchB+ Negative Mar 03 2009
FitchB+ Stable Feb 07 2008
FitchB+ Positive Feb 01 2006
FitchB+ Stable Mar 17 2005
FitchB Positive Dec 02 2003