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


AgencyRatingOutlookDate
FitchBB+ Negative May 15 2020
FitchBB+ Stable Jun 14 2019
FitchBB Positive Feb 02 2018
FitchBB Negative Aug 19 2016
FitchBB+ Negative Aug 21 2015
S&PBB- Stable May 24 2013
FitchBB+ Stable Oct 27 2010
S&PBB Stable Sep 21 2009
FitchBB+ Negative May 21 2009
S&PBB Negative Apr 30 2009
S&PBB+ Negative Dec 01 2008
FitchBB+ Stable Nov 04 2008
FitchBB+ Positive Aug 14 2007
FitchBB+ Stable Jun 13 2006
FitchBB Positive Nov 01 2005
S&PBB+ Stable Aug 23 2005
S&PBB Positive Jul 30 2004