Iceland - Credit Rating

Standard & Poor's credit rating for Iceland stands at A+ with stable outlook. Moody's credit rating for Iceland was last set at A1 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 Iceland thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Iceland as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
Moody's	A1	Stable	Sep 20 2024
S&P	A+	Stable	Nov 10 2023
Moody's	A2	Positive	Jul 14 2023
S&P	A	Positive	May 12 2023
Moody's	A2	Stable	Nov 08 2019
Moody's	A3	Positive	Jul 20 2018
S&P	A	Stable	Mar 17 2017
S&P	A-	Stable	Jan 13 2017
Moody's	A3	Stable	Sep 01 2016
Moody's	Baa2	Positive Watch	Jun 10 2016
S&P	BBB+	Stable	Jan 15 2016
S&P	BBB	Stable	Jul 17 2015
Moody's	Baa2	Stable	Jun 29 2015
S&P	BBB-	Positive	Jul 18 2014
S&P	BBB-	Stable	Jan 24 2014
S&P	BBB-	Negative	Jul 26 2013
Moody's	Baa3	Stable	Feb 07 2013
S&P	BBB-	Stable	Nov 23 2011
S&P	BBB-	Negative	May 17 2011
S&P	BBB-	Negative Watch	Apr 13 2011
Moody's	Baa3	Negative	Jul 29 2010
Moody's	Baa3	Stable	Apr 23 2010
Moody's	Baa3	Negative	Apr 06 2010
S&P	BBB-	Negative	Mar 30 2010
S&P	BBB-	Negative Watch	Jan 05 2010
S&P	BBB-	Stable	Dec 31 2009
Moody's	Baa3	Stable	Nov 11 2009
Moody's	Baa1	Negative	Dec 04 2008
S&P	BBB-	Negative	Nov 24 2008
Moody's	A1	Stable	Oct 08 2008
Moody's	A1	Negative Watch	Oct 08 2008
S&P	BBB	Negative	Oct 06 2008
Moody's	Aa1	Negative Watch	Sep 30 2008
S&P	A-	Negative Watch	Sep 29 2008
Moody's	Aa1	Stable	May 20 2008
S&P	A	Negative	Apr 17 2008
S&P	A+	Negative Watch	Apr 01 2008
Moody's	Aaa	Negative	Mar 05 2008
S&P	A+	Negative	Nov 20 2007
S&P	A+	Stable	Dec 22 2006
S&P	AA-	Negative	Jun 05 2006
S&P	AA-	Stable	Feb 10 2005
S&P	A+	Positive	Dec 16 2003
S&P	A+	Stable	Nov 15 2002
Moody's	Aaa	Stable	Oct 20 2002
S&P	A+	Negative	Oct 22 2001
S&P	A+	Stable	Mar 21 2001
S&P	A+	Positive	May 27 1998
Moody's	Aa3	Stable	Jul 30 1997
Moody's	A1	Positive Watch	Jun 16 1997
Moody's	A1	Stable	Jun 24 1996
Moody's	A2	Positive Watch	Apr 10 1996
S&P	A+	Stable	Mar 15 1996
S&P	A	Stable	Jun 26 1989
Moody's	A2	Stable	May 24 1989
S&P	A	N/A	Feb 14 1989