Andorra Credit Ratings | FX Empire

Andorra

Moody's		S&P		Fitch		DBRS		Scope Ratings
Rating	Outlook	Rating	Outlook	Rating	Outlook	Rating	Outlook	Rating	Outlook
Baa1	Stable	A-	Stable	A-	Stable	NR	-	NR	-

Rating Agency	Date	Previous Rating	Previous Outlook	New Rating	New Outlook
S&P	May 09, 2025	BBB+	Positive	A-	Stable
Moody's	Jan 19, 2024	Baa2	Stable	Baa1	Stable
S&P	May 12, 2023	BBB+	Stable	BBB+	Positive
S&P	Jul 15, 2022	BBB	Positive	BBB+	Stable
Fitch	Jul 08, 2022	BBB+	Positive	A-	Stable
Moody's	Feb 04, 2022	NR	-	Baa2	Stable
Fitch	Jan 14, 2022	BBB+	Stable	BBB+	Positive
S&P	Jan 14, 2022	BBB	Stable	BBB	Positive
S&P	Apr 24, 2020	BBB	Positive	BBB	Stable
S&P	Jul 19, 2019	BBB	Stable	BBB	Positive
Fitch	Aug 10, 2018	BBB	Positive	BBB+	Stable
S&P	Jul 28, 2017	BBB-	Stable	BBB	Stable
Fitch	Feb 24, 2017	BBB	Stable	BBB	Positive
S&P	Jul 29, 2016	BBB-	Negative	BBB-	Stable
Fitch	Sep 11, 2015	NR	-	BBB	Stable
S&P	Jun 24, 2015	BBB-	Negative Watch	BBB-	Negative
S&P	Mar 27, 2015	BBB	Negative Watch	BBB-	Negative Watch
S&P	Mar 12, 2015	BBB+	Stable	BBB	Negative Watch
S&P	Oct 03, 2014	A-	Negative	BBB+	Stable
S&P	Dec 03, 2012	A	Negative	A-	Negative

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	B1	B+	B+	B (high)	B+
	B2	B	B	B	B
	B3	B-	B-	B (low)	B-
Substantial Risks	Caa1	CCC+	CCC+	CCC
	Caa2	CCC	CCC	CCC	CCC
	Caa3	CCC-	CCC-	CCC
Extremely Speculative	Ca	CC	CC	CCC	CC
Extremely Speculative			C	CCC	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