Standard & Poor's credit rating for Panama stands at BBB with negative outlook. Moody's credit rating for Panama was last set at Baa2 with stable outlook. Fitch's credit rating for Panama was last reported at BBB- 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 Panama thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Panama as reported by major credit rating agencies.


AgencyRatingOutlookDate
FitchBBB- Stable Jan 28 2022
S&PBBB Negative Aug 04 2021
Moody'sBaa2 Stable Mar 17 2021
FitchBBB- Negative Feb 03 2021
S&PBBB Stable Nov 24 2020
Moody'sBaa1 Negative Oct 20 2020
S&PBBB+ Negative Apr 24 2020
FitchBBB Negative Feb 06 2020
S&PBBB+ Stable Apr 29 2019
Moody'sBaa1 Stable Mar 08 2019
S&PBBB Positive Jul 02 2018
Moody'sBaa2 Positive Sep 29 2017
Moody'sBaa2 Stable Oct 31 2012
S&PBBB Stable Jul 02 2012
Moody'sBaa3 Positive Aug 04 2011
S&PBBB- Positive Jul 21 2011
FitchBBB Stable Jun 02 2011
Moody'sBaa3 Stable Jun 09 2010
S&PBBB- Stable May 25 2010
FitchBBB- Positive Mar 23 2010
Moody'sBa1 Positive Watch Feb 12 2010
S&PBB+ Positive Nov 09 2009
S&PBB+ Stable Feb 26 2008
FitchBB+ Positive Jan 29 2008
S&PBB Positive May 03 2007
S&PBB Stable Feb 18 2005
FitchBB+ Stable Dec 03 2003
S&PBB Negative Mar 10 2003
FitchBB+ Negative Oct 24 2002
FitchBB+ Negative Watch Sep 04 2002
S&PBB Stable Nov 20 2001
FitchBB+ Stable Sep 21 2000
FitchBB+ N/A Jul 20 2000
S&PBB+ Stable Jul 06 2000
FitchBB+ Negative Watch Feb 14 2000
S&PBB+ Negative Dec 03 1999
FitchBB+ N/A Sep 08 1998
S&PBB+ Stable Jan 22 1997
Moody'sBa1 Stable Jan 22 1997
Moody'sAa Stable Jun 27 1978
Moody'sWR N/A Oct 14 1977
Moody'sA Stable Jun 30 1958