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.


AgencyRatingOutlookDate
FitchAA- Stable Sep 24 2021
DBRSAA (high) Negative Aug 14 2020
FitchAA- Negative Apr 03 2020
FitchAA- Stable Dec 23 2016
FitchAA Negative Nov 14 2014
DBRSAA (high) Stable Mar 21 2014
Moody'sAa3 Stable Mar 07 2014
S&PAA Stable Feb 28 2014
FitchAA Stable Jan 23 2013
FitchAA Negative Jan 27 2012
S&PAA Negative Jan 13 2012
Moody'sAa3 Negative Dec 16 2011
FitchAA+ Negative Watch Dec 16 2011
S&PAA Negative Watch Dec 05 2011
S&PAA Negative Nov 25 2011
DBRSAA (high) Negative Nov 11 2011
Moody'sAa1 Negative Watch Oct 07 2011
FitchAA+ Negative May 23 2011
S&PAA+ Negative Dec 14 2010
Moody'sAa1 Stable Jan 13 2009
FitchAA+ Stable May 02 2006
Moody'sAa1 Positive Mar 28 2006
FitchAA Stable Jun 17 2002
FitchAA- Stable Sep 21 2000
FitchAA- N/A Dec 16 1998
FitchAA+ N/A Aug 10 1994
S&PAA+ Stable Jul 01 1992
S&PAA+ Positive Jun 26 1989
S&PAA+ N/A Oct 26 1988
Moody'sAa1 Stable Mar 22 1988