Ukraine | Credit Rating

Standard & Poor's credit rating for Ukraine stands at B- with stable outlook. Moody's credit rating for Ukraine was last set at Caa2 with positive outlook. Fitch's credit rating for Ukraine was last reported at B- 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 Ukraine thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Ukraine as reported by major credit rating agencies.



AgencyRatingOutlookDate
Moody'sCaa2 Positive Aug 25 2017
FitchB- Stable Nov 11 2016
TE15 Stable Apr 16 2016
Moody'sCaa3 Stable Nov 19 2015
FitchCCC N/A Nov 18 2015
S&PB- Stable Oct 19 2015
FitchRD N/A Oct 06 2015
S&PSD N/A Sep 25 2015
FitchC N/A Aug 27 2015
S&PCC Negative Apr 10 2015
Moody'sCa Negative Mar 24 2015
FitchCC N/A Feb 13 2015
S&PCCC- Negative Dec 19 2014
S&PCCC Stable Jul 11 2014
Moody'sCaa3 Negative Apr 04 2014
S&PCCC Negative Feb 21 2014
FitchCCC N/A Feb 07 2014
Moody'sCaa2 Negative Jan 31 2014
S&PCCC+ Negative Jan 28 2014
S&PB- Stable Dec 26 2013
FitchB- Negative Nov 08 2013
S&PB- Negative Nov 01 2013
Moody'sCaa1 Negative Watch Sep 20 2013
FitchB Negative Jun 28 2013
S&PB Negative Dec 07 2012
Moody'sB3 Negative Dec 05 2012
S&PB+ Negative Mar 15 2012
Moody'sB2 Negative Dec 15 2011
FitchB Stable Oct 19 2011
FitchB Positive Jul 21 2011
Moody'sB2 Stable Oct 11 2010
S&PB+ Stable Jul 29 2010
S&PB Positive Watch Jul 22 2010
FitchB Stable Jul 06 2010
S&PB Stable May 17 2010
FitchB- Stable Mar 17 2010
S&PB- Positive Mar 11 2010
FitchB- Negative Nov 12 2009
S&PCCC+ Stable Oct 30 2009
S&PCCC+ Positive Jul 31 2009
Moody'sB2 Negative May 12 2009
S&PCCC+ Negative Feb 25 2009
Moody'sB1 Negative Watch Feb 24 2009
S&PB Negative Watch Feb 15 2009
FitchB Negative Feb 13 2009
S&PB Negative Oct 24 2008
Moody'sB1 Stable Oct 20 2008
FitchB+ Negative Oct 17 2008
S&PB+ Negative Watch Oct 15 2008
FitchBB- Negative Sep 25 2008
Moody'sB1 Positive Aug 08 2008
S&PB+ Stable Jun 12 2008
FitchBB- Stable May 14 2008
Moody'sB1 Positive Watch Mar 28 2008
S&PBB- Negative Apr 05 2007
Moody'sB1 Positive Nov 10 2006
FitchBB- Positive Oct 25 2006
FitchBB- Positive Oct 25 2006
FitchBB- Stable Jan 12 2006
FitchBB- Positive Jun 08 2005
S&PBB- Stable May 11 2005
Moody'sB1 Stable Feb 17 2005
FitchBB- Stable Jan 21 2005
Moody'sB1 Positive Sep 08 2004
S&PB+ Stable Jul 20 2004
Moody'sB1 Stable Nov 10 2003
S&PB Positive Oct 28 2003
Moody'sB2 Positive Watch Jul 28 2003
FitchB+ Stable Jun 25 2003
S&PB Stable May 20 2003
S&PB Negative Nov 12 2002
FitchB Stable Mar 26 2002
Moody'sB2 Stable Jan 24 2002
S&PB Stable Dec 21 2001
Moody'sCaa1 Positive Nov 20 2001
FitchB- Stable Jun 13 2001
Moody'sCaa1 Negative Apr 19 2000
Moody'sCaa1 Negative Watch Jan 05 2000
Moody'sB3 Negative Sep 09 1998
Moody'sB2 Negative Jul 13 1998
Moody'sB2 Stable Feb 06 1998


 S&PMoody'sFitchDBRSTE
B+ B1 35
BBB BBB 65
B- B2 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 Caa1 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 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+ Caa1 B- 41
AA- A1 A+ AA (low) 81
B B1 B 31
AA 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- Caa2 B- CCC (high) 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- Baa3 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+ B1 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 74
Baa1 65
BBB+ A3 BBB+ BBB (high) 60
B3 25
B- Caa1 B- 36
B+ B1 40
BBB- 55
BBB- Ba1 BBB- 54
SD Caa3 CC 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 Baa2 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 BB+ BBB (low) 44
D 0
AA- Aa3 AA- 87
CCC+ B3 CC 30
BBB- Baa3 BBB- 52
BB+ 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
BBB+ Baa2 BBB+ A (low) 62
B+ B1 B+ 38
B3 25
B B1 B- 39
B2
AAA Aaa AAA AAA 99
AAA Aaa AAA AAA 100
AA- Aa3 AA- 82
B- B3
BBB+ Baa1 BBB+ 63
BBB+ Ba1 68
BB- B1 B+ 44
BB Ba1 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 Caa3 RD 5
BB- B1 BB- 29
B B3 B 34


Ratings

The Trading Economics credit rating (TE Rating) scores 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

TE S&P Moody's Fitch  
100 AAA Aaa AAA Prime
95 AA+ Aa1 AA+ High grade
90 AA Aa2 AA
85 AA- Aa3 AA-
80 A+ A1 A+ Upper medium grade
75 A A2 A
70 A- A3 A-
65 BBB+ Baa1 BBB+ Lower medium grade
60 BBB Baa2 BBB
55 BBB- Baa3 BBB-
50 BB+ Ba1 BB+ Non-investment grade
speculative
45 BB Ba2 BB
40 BB- Ba3 BB-
35 B+ B1 B+ Highly speculative
30 B B2 B
25 B- B3 B-
20 CCC+ Caa1 CCC Substantial risks
15 CCC Caa2 Extremely speculative
10 CCC- Caa3 In default with little
prospect for recovery
  CC Ca
5 C C
0 D / DDD In default
/ DD
D