Brazil - Credit Rating

Standard & Poor's credit rating for Brazil stands at BB with stable outlook. Moody's credit rating for Brazil was last set at Ba1 with positive outlook. DBRS' credit rating for Brazil was last reported at BB 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 Brazil thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Brazil as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
Moody's	Ba1	Positive	Oct 01 2024
Moody's	Ba2	Positive	May 01 2024
S&P	BB	Stable	Dec 19 2023
DBRS	BB	Stable	Jul 28 2023
S&P	BB-	Positive	Jun 14 2023
S&P	BB-	Stable	Apr 06 2020
S&P	BB-	Positive	Dec 11 2019
Moody's	Ba2	Stable	Apr 09 2018
DBRS	BB (low)	Stable	Mar 16 2018
S&P	BB-	Stable	Jan 11 2018
S&P	BB	Negative	Aug 15 2017
Moody's	Ba2	Negative	May 26 2017
S&P	BB	Negative Watch	May 22 2017
Moody's	Ba2	Stable	Mar 15 2017
DBRS	BB	Negative	Aug 01 2016
DBRS	BBB (low)	Negative	Mar 15 2016
DBRS	BB (high)	Negative	Mar 15 2016
Moody's	Ba2	Negative	Feb 24 2016
S&P	BB	Negative	Feb 17 2016
Moody's	Baa3	Negative Watch	Dec 09 2015
S&P	BB+	Negative	Sep 09 2015
Moody's	Baa3	Stable	Aug 11 2015
DBRS	BBB (low)	Stable	Aug 07 2015
S&P	BBB-	Negative	Jul 28 2015
Moody's	Baa2	Negative	Sep 09 2014
DBRS	BBB	Stable	Aug 01 2014
S&P	BBB-	Stable	Mar 24 2014
Moody's	Baa2	Stable	Oct 02 2013
S&P	BBB	Negative	Jun 06 2013
DBRS	BBB	Stable	Nov 18 2011
S&P	BBB	Stable	Nov 17 2011
Moody's	Baa2	Positive	Jun 20 2011
S&P	BBB-	Positive	May 23 2011
Moody's	Baa3	Positive	Sep 22 2009
Moody's	Ba1	Positive Watch	Jul 06 2009
DBRS	BBB (low)	Stable	May 28 2008
S&P	BBB-	Stable	Apr 30 2008
Moody's	Ba1	Stable	Aug 23 2007
DBRS	BB (high)	Positive	Jun 18 2007
Moody's	Ba2	Positive Watch	May 24 2007
S&P	BB+	Positive	May 16 2007
S&P	BB	Positive	Nov 22 2006
Moody's	Ba2	Stable	Aug 31 2006
Moody's	Ba3	Positive Watch	Aug 01 2006
DBRS	BB	Stable	Jul 06 2006
S&P	BB	Stable	Feb 28 2006
S&P	BB-	Positive	Nov 08 2005
Moody's	Ba3	Stable	Oct 12 2005
S&P	BB-	Stable	Sep 17 2004
Moody's	B1	Stable	Sep 09 2004
S&P	B+	Positive	Dec 11 2003
S&P	B+	Stable	Apr 29 2003
Moody's	B2	Stable	Aug 12 2002
S&P	B+	Negative	Jul 02 2002
Moody's	B1	Negative	Jun 20 2002
Moody's	B1	Stable	Jun 04 2002
Moody's	B1	Positive	Feb 27 2002
S&P	BB-	Negative	Aug 09 2001
S&P	BB-	Stable	Jan 03 2001
Moody's	B1	Stable	Oct 16 2000
Moody's	B2	Positive Watch	Aug 17 2000
S&P	B+	Positive	Feb 29 2000
S&P	B+	Stable	Nov 10 1999
S&P	B+	Negative	Jan 14 1999
S&P	BB-	Negative	Sep 10 1998
Moody's	B2	Stable	Sep 03 1998
S&P	BB-	Stable	Apr 02 1997
S&P	B+	Positive	Dec 20 1995
S&P	B+	Stable	Jul 18 1995
S&P	B	Positive	Nov 30 1994
Moody's	B1	Stable	Nov 30 1994
Moody's	B2	Positive Watch	Oct 05 1994
Moody's	B2	Stable	Mar 28 1989
Moody's	B1	Stable	Dec 04 1987
Moody's	Ba1	Stable	Oct 18 1986