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Belgium - Credit Rating
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Standard & Poor's credit rating for Belgium stands at AA with stable outlook. Moody's credit rating for Belgium was last set at Aa3 with stable outlook. Fitch's credit rating for Belgium was last reported at AA- with stable outlook. DBRS's credit rating for Belgium is AA (high) with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Belgium thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Belgium as reported by major credit rating agencies.
Agency
Rating
Outlook
Date
Fitch
AA-
Stable
Sep 24 2021
DBRS
AA (high)
Negative
Aug 14 2020
Fitch
AA-
Negative
Apr 03 2020
Fitch
AA-
Stable
Dec 23 2016
Fitch
AA
Negative
Nov 14 2014
DBRS
AA (high)
Stable
Mar 21 2014
Moody's
Aa3
Stable
Mar 07 2014
S&P
AA
Stable
Feb 28 2014
Fitch
AA
Stable
Jan 23 2013
Fitch
AA
Negative
Jan 27 2012
S&P
AA
Negative
Jan 13 2012
Moody's
Aa3
Negative
Dec 16 2011
Fitch
AA+
Negative Watch
Dec 16 2011
S&P
AA
Negative Watch
Dec 05 2011
S&P
AA
Negative
Nov 25 2011
DBRS
AA (high)
Negative
Nov 11 2011
Moody's
Aa1
Negative Watch
Oct 07 2011
Fitch
AA+
Negative
May 23 2011
S&P
AA+
Negative
Dec 14 2010
Moody's
Aa1
Stable
Jan 13 2009
Fitch
AA+
Stable
May 02 2006
Moody's
Aa1
Positive
Mar 28 2006
Fitch
AA
Stable
Jun 17 2002
Fitch
AA-
Stable
Sep 21 2000
Fitch
AA-
N/A
Dec 16 1998
Fitch
AA+
N/A
Aug 10 1994
S&P
AA+
Stable
Jul 01 1992
S&P
AA+
Positive
Jun 26 1989
S&P
AA+
N/A
Oct 26 1988
Moody's
Aa1
Stable
Mar 22 1988
View
Credit Ratings by Country
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Belgian Consumer Morale Improves in June
Belgium Industrial Output Growth at 16-Month Low
Belgium Producer Price Inflation at Fresh High
Belgium Q4 GDP Growth Revised Higher
Belgium Inflation Rate Highest Since 1982
Belgium Business Morale Dips Slightly in May
Belgium Current Account Surplus Widens in Q3
Belgium Construction Output Falls the Most since 1993
Belgium Posts Smallest Trade Surplus in 5 Months
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