Indonesia - Credit Rating

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

Agency	Rating	Outlook	Date
S&P	BBB	Stable	Apr 27 2022
S&P	BBB	Negative	Apr 17 2020
S&P	BBB	Stable	May 31 2019
Moody's	Baa2	Stable	Apr 13 2018
Fitch	BBB	Stable	Dec 21 2017
S&P	BBB-	Stable	May 19 2017
Moody's	Baa3	Positive	Feb 08 2017
Fitch	BBB-	Positive	Dec 21 2016
S&P	BB+	Positive	May 21 2015
S&P	BB+	Stable	May 02 2013
Moody's	Baa3	Stable	Jan 18 2012
Fitch	BBB-	Stable	Dec 15 2011
S&P	BB+	Positive	Apr 08 2011
Fitch	BB+	Negative	Feb 24 2011
Moody's	Ba1	Stable	Jan 17 2011
Moody's	Ba2	Positive Watch	Dec 01 2010
Moody's	Ba2	Positive	Jun 21 2010
S&P	BB	Positive	Mar 12 2010
Fitch	BB+	Stable	Jan 24 2010
S&P	BB-	Positive	Oct 23 2009
Moody's	Ba2	Stable	Sep 16 2009
Moody's	Ba3	Positive	Jun 11 2009
Fitch	BB	Stable	Feb 13 2008
Moody's	Ba3	Stable	Oct 18 2007
Moody's	B1	Positive Watch	Aug 01 2007
Moody's	B1	Positive	Feb 05 2007
Fitch	BB-	Positive	Jan 28 2007
S&P	BB-	Stable	Jul 26 2006
Moody's	B1	Stable	May 18 2006
Moody's	B2	Positive Watch	Feb 26 2006
Fitch	BB-	Stable	Feb 12 2006
S&P	B+	Positive	Feb 09 2006
S&P	B+	Stable	Sep 01 2005
Moody's	B2	Positive	Feb 18 2005
Fitch	BB-	Positive	Jan 26 2005
S&P	B+	Positive	Dec 21 2004
Fitch	B+	Positive	Oct 04 2004
S&P	B	Positive	May 11 2004
Fitch	B+	Stable	Nov 20 2003
S&P	B	Stable	Oct 07 2003
Moody's	B2	Stable	Sep 29 2003
Moody's	B3	Positive Watch	Jun 25 2003
S&P	B-	Stable	May 12 2003
S&P	CCC+	Stable	Sep 05 2002
Fitch	B	Stable	Aug 01 2002
Moody's	B3	Positive	Apr 24 2002
S&P	SD	N/A	Apr 22 2002
Fitch	B-	Stable	Nov 30 2001
S&P	CCC	Negative	Nov 02 2001
Fitch	B-	Positive	Sep 14 2001
S&P	CCC+	Stable	Jul 30 2001
S&P	CCC+	Negative	May 21 2001
S&P	B-	Negative	Mar 07 2001
S&P	B-	Stable	Oct 02 2000
Fitch	B-	Stable	Sep 21 2000
S&P	SD	N/A	Apr 17 2000
S&P	CCC+	Negative Watch	Sep 12 1999
S&P	CCC+	Stable	Mar 30 1999
S&P	SD	N/A	Mar 29 1999
S&P	CCC+	Negative	Jul 08 1998
S&P	CCC+	Negative Watch	May 15 1998
Moody's	B3	Stable	Mar 20 1998
Fitch	B-	Negative Watch	Mar 16 1998
S&P	B-	Negative Watch	Mar 11 1998
S&P	B	Negative Watch	Jan 27 1998
Fitch	B+	Negative Watch	Jan 21 1998
S&P	BB	Negative Watch	Jan 09 1998
Moody's	B2	Stable	Jan 09 1998
Fitch	BB-	N/A	Jan 08 1998
S&P	BB+	Negative	Dec 31 1997
Fitch	BB+	N/A	Dec 22 1997
Moody's	Ba1	Stable	Dec 21 1997
Fitch	BBB-	Negative Watch	Dec 17 1997
S&P	BBB-	Stable	Oct 10 1997
Fitch	BBB-	N/A	Jun 04 1997
S&P	BBB	Stable	Apr 18 1995
Moody's	Baa3	Stable	Mar 14 1994
S&P	BBB-	Positive	Jul 20 1992