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


AgencyRatingOutlookDate
Moody'sBa3 Negative Mar 24 2022
S&PB+ Positive Oct 12 2021
FitchB+ Stable Oct 05 2020
FitchBB- Negative Apr 03 2020
FitchBB- Stable Nov 22 2019
Analyst  Oct 10 2019
Analyst50 Oct 10 2019
Moody'sBa3 Stable Aug 27 2019
Moody'sB1 Positive Mar 09 2018
FitchB+ Positive Dec 15 2017
Moody'sB1 Stable Mar 18 2016
FitchB+ Stable Jan 30 2015
Moody'sBa3 Negative Jan 15 2015
Moody'sBa2 Stable Aug 20 2013
FitchBB- Stable Nov 21 2011
FitchBB- Stable Aug 13 2009
Moody'sBa2 Negative Aug 14 2008
FitchBB Stable Jul 03 2008
FitchBB- Positive May 01 2007
Moody'sBa2 Stable Jul 25 2006
FitchBB- Stable Jun 05 2006