Greece Credit Rating trends, research and data
This page includes the government debt credit rating and outlook of Greece as reported by the credit rating agencies of S&P, Moody’s and Fitch. Credit rating agencies are often slow to respond to rising risk conditions. Sign up free to monitor Greece’s sovereign risk using MacroVar Advanced Financial & Macroeconomic data analytics.
| Date | Rating | Outlook | Indicator |
|---|---|---|---|
| 19-04-24 | BBB- (Positive) | Greece Credit Rating (S&P) | |
| 20-10-23 | BBB- (Stable) | Greece Credit Rating (S&P) | |
| 21-04-23 | BB+ (Positive) | Positive | Greece Credit Rating (S&P) |
| 27-01-23 | BB+ (Stable) | Greece Credit Rating (Fitch) | |
| 16-09-22 | Ba3 (Stable) | Ba3 | Greece Credit Rating (Moody's) |
| 22-04-22 | BB+ (Stable) | BB+ | Greece Credit Rating (S&P) |
| 23-04-21 | BB (Positive) | BB | Greece Credit Rating (S&P) |
| 06-11-20 | Ba3 (Stable) | Ba3 | Greece Credit Rating (Moody's) |
| 24-04-20 | (Stable) | 0 | Greece Credit Rating (S&P) |
| 23-04-20 | BB | BB | Greece Credit Rating (Fitch) |
| 24-01-20 | BB | BB | Greece Credit Rating (Fitch) |
| 25-10-19 | BB- (Positive) | BB- | Greece Credit Rating (S&P) |
| 02-08-19 | BB- | BB- | Greece Credit Rating (Fitch) |
| 01-03-19 | B1 (Stable) | B1 | Greece Credit Rating (Moody's) |
| 08-02-19 | BB- | BB- | Greece Credit Rating (Fitch) |
| 10-08-18 | BB- (Stable) | BB- | Greece Credit Rating (Fitch) |
| 20-07-18 | (Positive) | 0 | Greece Credit Rating (S&P) |
| 25-06-18 | B+ (Stable) | B+ | Greece Credit Rating (S&P) |
| 21-02-18 | B3 (Positive) | B3 | Greece Credit Rating (Moody's) |
| 16-02-18 | B (Positive) | B | Greece Credit Rating (Fitch) |
| 19-01-18 | B (Positive) | B | Greece Credit Rating (S&P) |
| 18-08-17 | B- (Positive) | B- | Greece Credit Rating (Fitch) |
| 21-07-17 | (Positive) | 0 | Greece Credit Rating (S&P) |
| 23-06-17 | Caa2 (Positive) | Caa2 | Greece Credit Rating (Moody's) |
| 24-02-17 | CCC | CCC | Greece Credit Rating (Fitch) |
Greece Credit Rating Analysis
The credit rating signal from each credit rating agency for the sovereign debt of Greece and it’s meaning is presented in the table below.
| S&P | Moody’s | Fitch | Analysis |
| AAA | Aaa | AAA | Prime |
| AA+ | Aa1 | AA+ | High grade |
| AA | Aa2 | AA | |
| AA- | Aa3 | AA- | |
| A+ | A1 | A+ | Upper medium grade |
| A | A2 | A | |
| A- | A3 | A- | |
| BBB+ | Baa1 | BBB+ | Lower medium grade |
| BBB | Baa2 | BBB | |
| BBB- | Baa3 | BBB- | |
| BB+ | Ba1 | BB+ | Non-investment grade speculative |
| BB | Ba2 | BB | |
| BB- | Ba3 | BB- | |
| B+ | B1 | B+ | Highly speculative |
| B | B2 | B | |
| B- | B3 | B- | |
| CCC+ | Caa1 | CCC | Extremely speculative |
| CCC | Caa2 | ||
| CCC- | Caa3 | In Default with small probability of recovery | |
| CC | Ca | ||
| C | C | ||
| D | / | DDD | In default |