Montenegro - Credit Rating

Standard & Poor's credit rating for Montenegro stands at B+ with positive outlook. Moody's credit rating for Montenegro was last set at Ba3 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 Montenegro thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Montenegro as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
S&P	B+	Positive	Feb 27 2026
S&P	B+	Stable	Aug 30 2024
S&P	B	Positive	Mar 01 2024
S&P	B	Stable	Mar 05 2021
S&P	B+	Negative	May 01 2020
S&P	B+	Stable	Oct 06 2017
S&P	B+	Negative	May 13 2016
S&P	B+	Stable	Nov 14 2014
S&P	BB-	Negative	Nov 29 2013
S&P	BB-	Stable	Jun 13 2012
S&P	BB+	Negative	Apr 14 2008
S&P	BB+	Stable	Mar 27 2007
S&P	BB	Positive	Dec 21 2005
S&P	BB	Stable	Dec 20 2004