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Cote dIvoire Credit Ratings & Outlooks
Country | Moody's | S&P | Fitch | DBRS | Scope Ratings |
|---|---|---|---|---|---|
Ba2 Stable | BB Stable | BB Stable | NR — | NR — |
Credit Rating History
Country | Date of Change | Rating Agency | Previous Rating | Previous Outlook | Current Rating | Current Outlook |
|---|---|---|---|---|---|---|
| Dec 12, 2025 | Fitch | BB- | Stable | BB | Stable | |
| Oct 18, 2024 | S&P | BB- | Positive | BB | Stable | |
| May 17, 2024 | S&P | BB- | Stable | BB- | Positive | |
| Mar 01, 2024 | Moody's | Ba3 | Positive | Ba2 | Stable | |
| Jun 27, 2022 | Moody's | Ba3 | Stable | Ba3 | Positive | |
| Jul 19, 2021 | Fitch | B+ | Positive | BB- | Stable | |
| Jul 06, 2021 | S&P | NR | — | BB- | Stable | |
| Aug 07, 2020 | Moody's | Ba3 | Under Review | Ba3 | Stable | |
| Jun 12, 2020 | Moody's | Ba3 | Stable | Ba3 | Under Review | |
| Nov 12, 2019 | Fitch | B+ | Stable | B+ | Positive | |
| Dec 18, 2015 | Fitch | B | Positive | B+ | Stable | |
| Nov 05, 2015 | Moody's | B1 | Positive | Ba3 | Stable | |
| Jul 11, 2014 | Fitch | NR | — | B | Positive | |
| Jul 08, 2014 | Moody's | NR | — | B1 | Positive |
Table Key
| Grade | Moody's | S&P | Fitch | DBRS | Scope Ratings |
|---|---|---|---|---|---|
Prime | Aaa | AAA | AAA | AAA | AAA |
High Grade | Aa1 | AA+ | AA+ | AA (high) | AA+ |
Aa2 | AA | AA | AA | AA | |
Aa3 | AA- | AA- | AA (low) | AA- | |
Upper Medium Grade | A1 | A+ | A+ | A (high) | A+ |
A2 | A | A | A | A | |
A3 | A- | A- | A (low) | A- | |
Lower Medium Grade | Baa1 | BBB+ | BBB+ | BBB (high) | BBB+ |
Baa2 | BBB | BBB | BBB | BBB | |
Baa3 | BBB- | BBB- | BBB (low) | BBB- | |
Non-investment Grade Speculative | Ba1 | BB+ | BB+ | BB (high) | BB+ |
Ba2 | BB | BB | BB | BB | |
Ba3 | BB- | BB- | BB (low) | BB- | |
Highly Speculative Grade | B1 | B+ | B+ | B (high) | B+ |
B2 | B | B | B | B | |
B3 | B- | B- | B (low) | B- | |
Substantial Risk Grade | Caa1 | CCC+ | CCC+ | CCC | |
Caa2 | CCC | CCC | CCC | CCC | |
Caa3 | CCC- | CCC- | CCC | ||
Extremely Speculative Grade | Ca | CC | CC | CC | CC |
C | CC | C | |||
In Default with Little Prospect for Recovery | CD | RD | RD | ||
In Default | SD | SD | |||
C | D | D | D | D | |
DD | DD | ||||
DDD | DDD | ||||
Not Rated | NR | NR | NR | NR | NR |
FAQ
What is Cote dIvoire’s current credit rating?
Cote dIvoire’s sovereign credit rating reflects its government’s ability and willingness to meet debt obligations. It is assigned by major agencies such as S&P, Moody’s, Fitch, DBRS, and Scope, and represents how international markets view Cote dIvoire’s credit risk.
Has Cote dIvoire’s credit rating changed recently?
This page lists the latest rating and outlook actions for Cote dIvoire, showing when each agency last reviewed or changed its assessment.
Why does Cote dIvoire’s credit rating matter to investors?
Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Cote dIvoire's bond yields, currency, and equity flows as investors reassess risk.
How does Cote dIvoire’s rating compare to other countries?
You can explore how Cote dIvoire ranks globally using our Credit Ratings Hub, which displays all countries’ ratings from S&P, Moody’s, Fitch, DBRS, and Scope.
What do outlooks like Positive, Stable, and Negative mean?
They indicate the expected direction of a rating. Positive signals a possible upgrade, Stable means no change is likely, and Negative points to potential downgrade risk
What is the difference between investment grade and speculative grade?
Investment grade (BBB−/Baa3 or higher) means relatively low risk and steady market access. A speculative grade (BB+/Ba1 or lower) signals higher risk and volatility, but can attract yield-seeking investors.
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