Jordan Credit Ratings & Outlooks

Country	Moody's	S&P	Fitch	DBRS	Scope Ratings
Jordan	Ba3 Stable	B+ Stable	BB- Stable	NR —	NR —

Credit Rating History

Country	Date of Change	Rating Agency	Previous Rating	Previous Outlook	Current Rating	Current Outlook
Jordan	May 09, 2024	Moody's	B1	Positive	Ba3	Stable
Jordan	Nov 17, 2022	Moody's	B1	Stable	B1	Positive
Jordan	Dec 07, 2021	Fitch	BB-	Negative	BB-	Stable
Jordan	May 08, 2020	Fitch	BB-	Stable	BB-	Negative
Jordan	Jun 13, 2019	Fitch	NR	—	BB-	Stable
Jordan	Oct 20, 2017	S&P	BB-	Negative	B+	Stable
Jordan	Apr 22, 2016	S&P	BB-	Stable	BB-	Negative
Jordan	Oct 31, 2014	S&P	BB-	Negative	BB-	Stable
Jordan	Jun 26, 2013	Moody's	Ba2	Negative	B1	Stable
Jordan	May 20, 2013	S&P	BB	Negative	BB-	Negative
Jordan	Feb 08, 2011	S&P	BB	Stable	BB	Negative
Jordan	Feb 08, 2011	Moody's	Ba2	Stable	Ba2	Negative
Jordan	Jan 08, 2007	Moody's	Ba2	Negative	Ba2	Stable
Jordan	Jan 31, 2006	Moody's	Ba2	Stable	Ba2	Negative
Jordan	Aug 21, 2003	Moody's	Ba3	Negative Watch	Ba2	Stable
Jordan	Jul 03, 2003	S&P	BB-	Stable	BB	Stable
Jordan	Apr 30, 2002	S&P	BB-	Positive	BB-	Stable
Jordan	Apr 09, 2001	S&P	BB-	Stable	BB-	Positive
Jordan	Oct 27, 1999	S&P	BB-	Negative	BB-	Stable
Jordan	Jul 16, 1999	Moody's	Ba3	Stable	Ba3	Negative Watch

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
Extremely Speculative Grade			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 Jordan’s current credit rating?

Jordan’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 Jordan’s credit risk.

Has Jordan’s credit rating changed recently?

This page lists the latest rating and outlook actions for Jordan, showing when each agency last reviewed or changed its assessment.

Why does Jordan’s credit rating matter to investors?

Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Jordan's bond yields, currency, and equity flows as investors reassess risk.

How does Jordan’s rating compare to other countries?

You can explore how Jordan 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.