Estonia - Credit Rating

Standard & Poor's credit rating for Estonia stands at AA- with negative outlook. Moody's credit rating for Estonia was last set at A1 with stable outlook. Fitch's credit rating for Estonia was last reported at AA- with negative outlook. DBRS's credit rating for Estonia is AA (low) 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 Estonia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Estonia as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
S&P	AA-	Negative	Dec 06 2022
Fitch	AA-	Negative	Aug 19 2022
S&P	AA-	Stable	Mar 31 2022
S&P	AA-	Positive	Aug 20 2021
S&P	AA-	Stable	Aug 21 2020
S&P	AA-	Positive	Feb 28 2020
Fitch	AA-	Stable	Oct 05 2018
Fitch	A+	Positive	Nov 10 2017
DBRS	AA (low)	Stable	Jul 14 2017
S&P	AA-	Stable	Oct 19 2012
S&P	AA-	Negative	Jan 13 2012
S&P	AA-	Negative Watch	Dec 05 2011
Fitch	A+	Stable	Nov 21 2011
S&P	AA-	Stable	Aug 09 2011
Fitch	A+	Stable	Jul 05 2011
S&P	A	Positive	Apr 21 2011
Fitch	A	Stable	Jul 19 2010
S&P	A	Stable	Jun 10 2010
Moody's	A1	Stable	Mar 31 2010
Fitch	BBB+	Positive Watch	Mar 30 2010
S&P	A-	Stable	Feb 11 2010
Fitch	BBB+	Stable	Feb 05 2010
S&P	A-	Negative	Aug 10 2009
S&P	A	Negative	Apr 21 2009
Fitch	BBB+	Negative	Apr 08 2009
S&P	A	Negative Watch	Feb 24 2009
Moody's	A1	Negative Watch	Feb 10 2009
Moody's	A1	Negative	Nov 07 2008
Fitch	A-	Negative	Oct 03 2008
Fitch	A	Negative	Jan 31 2008
Moody's	A1	Stable	Sep 12 2007
S&P	A	Negative	Jul 02 2007
Fitch	A	Stable	Aug 31 2006
S&P	A	Stable	Jul 17 2006
Moody's	A1	Positive	Mar 09 2006
S&P	A	Positive	Jul 21 2005
S&P	A	Stable	Nov 17 2004
Fitch	A	Positive	Jul 07 2004
S&P	A-	Positive	Dec 18 2003
Fitch	A-	Positive	Oct 22 2003
Moody's	A1	Stable	Nov 12 2002
S&P	A-	Stable	Nov 20 2001
Fitch	A-	Stable	Aug 30 2001
Fitch	BBB+	Positive Watch	Jul 30 2001
S&P	BBB+	Positive	Dec 22 2000
Fitch	BBB+	Stable	Sep 28 2000
Fitch	BBB	Positive Watch	Aug 07 2000
S&P	BBB+	Stable	Dec 11 1997
Fitch	BBB	N/A	Sep 11 1997
Moody's	Baa1	Stable	Sep 11 1997