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Moldova Credit Ratings & Outlooks
Country | Moody's | S&P | Fitch | DBRS | Scope Ratings |
|---|---|---|---|---|---|
B2 Stable | BB- Stable | B+ Stable | NR — | NR — |
Credit Rating History
Country | Date of Change | Rating Agency | Previous Rating | Previous Outlook | Current Rating | Current Outlook |
|---|---|---|---|---|---|---|
| Apr 03, 2026 | Moody's | B3 | Stable | B2 | Stable | |
| Oct 10, 2025 | S&P | NR | — | BB- | Stable | |
| Sep 27, 2024 | Fitch | NR | — | B+ | Stable | |
| Aug 18, 2023 | Moody's | B3 | Stable | B3 | Stable | |
| Jan 13, 2017 | Moody's | B3 | Negative | B3 | Stable | |
| Jul 31, 2015 | Moody's | B3 | Stable | B3 | Negative | |
| Aug 12, 2010 | Moody's | WR | — | B3 | Stable | |
| Oct 01, 2009 | Moody's | B1 | Negative Watch | WR | — | |
| Feb 05, 2009 | Moody's | Caa1 | Stable | B1 | Negative Watch | |
| May 06, 2003 | Moody's | Ca | Stable | Caa1 | Stable | |
| Jul 11, 2002 | Moody's | Caa1 | Stable | Ca | Stable | |
| Jul 03, 2001 | Moody's | B3 | Stable | Caa1 | Stable | |
| Apr 19, 2000 | Moody's | B2 | Negative Watch | B3 | Stable | |
| Jul 13, 1999 | Moody's | B2 | Stable | B2 | Negative Watch | |
| Jul 14, 1998 | Moody's | Ba2 | Stable | B2 | Stable | |
| Jan 14, 1997 | Moody's | NR | — | Ba2 | Stable |
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 Moldova’s current credit rating?
Moldova’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 Moldova’s credit risk.
Has Moldova’s credit rating changed recently?
This page lists the latest rating and outlook actions for Moldova, showing when each agency last reviewed or changed its assessment.
Why does Moldova’s credit rating matter to investors?
Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Moldova's bond yields, currency, and equity flows as investors reassess risk.
How does Moldova’s rating compare to other countries?
You can explore how Moldova 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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