Standard & Poor's credit rating for Jamaica stands at B with positive outlook. Moody's credit rating for Jamaica was last set at B3 with positive outlook. Fitch's credit rating for Jamaica 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 Jamaica thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Jamaica as reported by major credit rating agencies.



AgencyRatingOutlookDate
S&PB Positive Sep 25 2018
TE28 Stable Sep 25 2018
Moody'sB3 Positive Jul 20 2018
TE28 Stable Jul 20 2018
FitchB Positive Jan 31 2018
TE28 Stable Jan 31 2018
Moody'sB3 Stable Nov 21 2016
TE25 Stable Nov 21 2016
TE25 Stable Apr 16 2016
TE24 Negative Apr 16 2016
FitchB Stable Feb 11 2016
TE23 Stable Feb 11 2016
TE21 Positive Jun 03 2015
S&PB Stable Jun 03 2015
Moody'sCaa2 Positive May 28 2015
TE20 Positive May 28 2015
FitchB- Positive Feb 19 2015
TE20 Positive Feb 19 2015
TE18 Negative Sep 19 2014
S&PB- Positive Sep 19 2014
TE18 Negative Apr 22 2014
TE18 Negative Mar 21 2014
TE16 Negative Feb 25 2014
FitchB- Stable Feb 25 2014
Moody'sCaa3 Positive Feb 12 2014
TE16 Negative Feb 12 2014
TE16 Negative Oct 15 2013
TE16 Negative Jul 18 2013
TE16 Negative Jun 10 2013
TE16 Stable Mar 07 2013
S&PCCC+ Negative Mar 07 2013
Moody'sCaa3 Stable Mar 06 2013
S&PCCC+ Stable Mar 06 2013
TE23 Stable Mar 06 2013
FitchCCC N/A Mar 01 2013
TE25 Stable Mar 01 2013
TE25 Negative Feb 24 2013
S&PB- Stable Feb 24 2013
FitchRD N/A Feb 22 2013
TE25 Negative Feb 22 2013
TE25 Negative Feb 14 2013
Moody'sB3 Negative Watch Feb 14 2013
FitchC N/A Feb 12 2013
S&PSD N/A Feb 12 2013
TE25 Negative Feb 12 2013
TE25 Negative Jan 18 2013
FitchB- Negative Jan 18 2013
TE25 Negative Nov 28 2011
FitchB- Stable Nov 21 2011
TE25 Negative Nov 21 2011
TE25 Stable Oct 31 2011
S&PB- Negative Oct 31 2011
TE25 Stable Aug 05 2011
TE25 Stable Aug 02 2011
TE25 Stable Jul 14 2011
TE25 Stable Jul 13 2011
TE25 Stable Apr 18 2011
Moody'sB3 Stable Mar 02 2010
TE23 Stable Mar 02 2010
TE20 Negative Feb 24 2010
S&PB- Stable Feb 24 2010
FitchB- Stable Feb 16 2010
TE18 Negative Feb 16 2010
FitchCCC Positive Watch Feb 03 2010
TE18 Negative Feb 03 2010
Moody'sCaa1 Stable Jan 22 2010
TE18 Negative Jan 22 2010
TE18 Negative Jan 14 2010
S&PSD N/A Jan 14 2010
FitchCCC Negative Nov 24 2009
TE21 Negative Nov 24 2009
TE25 Negative Nov 18 2009
Moody'sCaa1 Negative Nov 18 2009
S&PCCC Negative Nov 02 2009
TE26 Negative Nov 02 2009
TE28 Negative Aug 05 2009
S&PCCC+ Negative Aug 05 2009
S&PB- Negative Mar 18 2009
TE30 Negative Mar 18 2009
TE31 Negative Mar 04 2009
Moody'sB2 Stable Mar 04 2009
FitchB Negative Nov 18 2008
TE33 Negative Nov 18 2008
Moody'sB1 Negative Watch Nov 04 2008
TE33 Negative Nov 04 2008
TE33 Stable Oct 21 2008
S&PB Negative Oct 21 2008
FitchB+ Stable Aug 29 2006
TE32 Stable Aug 29 2006
TE32 Negative Dec 10 2004
S&PB Stable Dec 10 2004
S&PB Negative Feb 05 2004
TE32 Stable Feb 05 2004
TE35 Negative Jul 28 2003
S&PB Stable Jul 28 2003
Moody'sB1 Stable May 27 2003
TE37 Negative May 27 2003
Moody'sBa3 Negative Watch Apr 17 2003
TE37 Negative Apr 17 2003
S&PB+ Negative Dec 19 2002


 S&PMoody'sFitchDBRSTE
B+ B1 35
BBB BBB+ 60
B- B3 B 28
B B2 B B 31
B1 B+ 35
BBB+ BBB- 60
AAA Aaa AAA AAA 100
AA+ Aa1 AA+ AAA 96
BB+ Ba2 BB+ 50
BB+ Baa3 52
B+ B2 BB- 36
BB- Ba3 BB- 40
SD Caa3 15
B B3 B 26
AA Aa3 AA- AA (high) 88
B- B3 20
B+ N/A 30
A+ A2 N/A 78
BB- Ba3 BB- 41
B B3 28
A- A2 72
BB- Ba2 BB- BB (low) 42
BBB- Baa2 BBB 58
B 25
N/A B2 30
B B2 B 30
AAA Aaa AAA AAA 99
B B 30
Aa3 85
A+ A1 A N/A 80
A+ A1 A+ A (high) 81
BBB- Baa2 BBB BBB 58
CCC+ B3 22
BB- Ba2 BB 43
BB+ Ba2 BB+ 48
Caa2 15
BBB- Ba2 BBB- BB 48
AA- A1 AA- 81
AAA Aaa AAA AAA 100
BB- Ba3 BB- 38
B- B3 B- 26
B B3 B 28
CCC+ B3 B- 21
AA- A1 AA- AA (low) 81
B B1 B 31
AA Aaa AAA AAA 98
B+ Ba3 35
AA+ Aa1 AA+ AA (high) 96
AA Aa2 AA AAA 92
N/A Caa1 B 26
BB- Ba2 BB- 41
AAA Aaa AAA AAA 100
B B3 B 26
B+ B3 BB- B (high) 30
SD
BB- Ba1 BB 46
BB- B1 35
AA+ Aa2 AA+ 95
BBB- Baa3 BBB- 55
A A3 A 73
BBB- Baa2 BBB- BBB 56
BBB- Baa2 BBB 56
B- Caa1 B- 25
A+ A2 A+ A (high) 76
N/A Aa2 92
AA- A1 A+ 80
BBB Baa3 BBB BBB (high) 62
Ba3 B+ 38
B B3 B 28
A+ A1 A A 77
B+ B1 37
BBB- Baa3 BBB 56
B+ B2 B+ 35
AA Aa2 AA 90
NR B2 30
A A3 A- A (low) 70
B- B3 B- 28
B+ 35
AAA 100
A A3 A- A (low) 71
AAA Aaa AAA AAA 100
Aa3 AA 85
BB- BB 42
A- A3 A- 70
B2 B+ 32
A- A3 A+ A (high) 73
Baa1 65
BBB+ A3 BBB+ BBB (high) 65
B3 25
B B3 B 26
B+ B1 35
BBB- 55
BBB- Ba1 BBB- 53
SD Caa3 RD 12
Ba1 BB+ 52
AAA Aaa AAA AAA 100
AA Aaa AA 93
B- B2 B 31
B B2 B+ 31
AAA Aaa AAA AAA 99
BB Baa3 BBB- 53
B B3 B 28
BBB Baa2 BBB 60
B B2 32
BB Ba1 BB 46
BBB+ A3 BBB+ N/A 65
BBB Baa2 BBB 60
A- A2 A- A 71
BBB- Baa3 BBB BBB 56
D 0
AA- Aa3 AA- 85
B- Caa2 CC 23
BBB- Baa3 BBB- 55
BBB- Ba1 BBB- 51
B B2 B+ 31
BBB- 55
A- A1 A+ 78
B+ Ba3 37
BB Ba3 BB 38
BB- 40
AAA Aaa AAA AAA 98
A+ A2 A+ A (high) 78
A+ Baa1 A- A 72
B3 25
BB Baa3 BB+ 50
AA Aa2 AA- 86
A- Baa1 A- A 68
B+ B1 B+ 35
B3 25
B B2 B- 28
B2
AAA Aaa AAA AAA 99
AAA Aaa AAA AAA 100
AA- Aa3 AA- 83
B- B3
B1
BBB+ Baa1 BBB+ 65
BBB+ Ba1 57
N/A B2 B+ 35
B+ Ba3 BB BB (high) 43
B B2 B+ 33
B- Caa2 B- 20
AA Aa2 AA 90
AA Aa2 AA AAA 93
AA+ Aaa AAA AAA 98
BBB Baa2 BBB- BBB (low) 55
SD C RD 12
BB- Ba3 BB 40
B- Caa1 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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Jamaica - Credit Rating