Standard & Poor's credit rating for Latvia stands at A+ with stable outlook. Moody's credit rating for Latvia was last set at A3 with stable outlook. Fitch's credit rating for Latvia was last reported at A- with stable outlook. DBRS's credit rating for Latvia is A 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 Latvia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Latvia as reported by major credit rating agencies.


AgencyRatingOutlookDate
DBRSA Stable Nov 19 2021
DBRSA (low) Positive May 21 2021
FitchA- Stable Oct 09 2020
DBRSA (low) Stable May 22 2020
FitchA- Negative Apr 10 2020
S&PA+ Stable Feb 21 2020
DBRSA (low) Positive May 24 2019
S&PA Stable Sep 21 2018
S&PA- Positive Sep 22 2017
DBRSA (low) Stable Jun 30 2017
Moody'sA3 Stable Feb 13 2015
FitchA- Stable Jun 20 2014
S&PA- Stable May 30 2014
S&PBBB+ Positive Dec 13 2013
FitchBBB+ Stable Jul 09 2013
Moody'sBaa1 Stable Jun 13 2013
S&PBBB+ Stable Jun 10 2013
Moody'sBaa2 Positive Mar 15 2013
FitchBBB Positive Nov 13 2012
S&PBBB Positive Nov 09 2012
S&PBBB- Stable May 02 2012
FitchBBB- Stable Dec 13 2011
Moody'sBaa3 Positive Jun 06 2011
FitchBBB- Positive Mar 15 2011
S&PBB+ Positive Mar 09 2011
S&PBB+ Stable Dec 07 2010
FitchBB+ Stable Sep 03 2010
Moody'sBaa3 Stable Mar 31 2010
S&PBB Stable Feb 12 2010
S&PBB Negative Aug 10 2009
Moody'sBaa3 Negative Apr 23 2009
FitchBB+ Negative Apr 08 2009
S&PBB+ Negative Feb 24 2009
Moody'sBaa1 Negative Jan 07 2009
FitchBBB- Negative Dec 23 2008
FitchBBB- Negative Watch Nov 12 2008
Moody'sA3 Negative Nov 07 2008
S&PBBB Negative Oct 27 2008
FitchBBB Negative Oct 03 2008
Moody'sA2 Negative Sep 25 2008
FitchBBB+ Negative Jan 31 2008
Moody'sA2 Stable Sep 12 2007
FitchBBB+ Stable Aug 17 2007
S&PBBB+ Negative May 17 2007
FitchA- Negative Apr 05 2007
S&PA- Negative Feb 19 2007
Moody'sA2 Positive Mar 09 2006
FitchA- Stable Aug 26 2005
S&PA- Stable Jul 29 2004
FitchA- Positive Jul 07 2004
FitchBBB+ Positive Nov 04 2003
S&PBBB+ Positive Jul 29 2003
FitchBBB+ Stable Jul 21 2003
Moody'sA2 Stable Nov 12 2002
S&PBBB+ Stable Aug 20 2002
S&PBBB Positive Aug 09 2001
FitchBBB Positive Jul 17 2001
FitchBBB Stable Sep 21 2000
FitchBBB N/A Jun 29 1998
Moody'sBaa2 Stable Dec 17 1997
S&PBBB Stable Jan 16 1997