Sovereign ratings are being closely watched as more governments with greater default risk borrow in international bond markets. A report by Economist Intelligence Unit (EIU) evaluates the risk of sovereign default globally. Of the world’s safest sovereign debt, the United States ranks 8th with a “AA” rating following Canada, Denmark, Finland, Germany, Netherlands, Sweden and Switzerland. Norway is #1 with “AAA” rating.
EIU defines “AAA-rating” as the “capacity and commitment to honour obligations not in question under any foreseeable circumstances”. “AA” is the “capacity and commitment to honour obligations not in question”.
Sovereign Ratings List:
| Country | Code | Rating | Outlook |
| Algeria | AL | BB | Stable |
| Angola | AN | B | Stable |
| Argentina | AR | CCC | Stable |
| Australia | AU | BBB | Stable |
| Austria | AI | A | Stable |
| Azerbaijan | AZ | BB | Stable |
| Bahrain | BA | BBB | Stable |
| Bangladesh | BD | BB | Stable |
| Belgium | BI | BBB | Stable |
| Bolivia | BL | B | Positive |
| Bosnia and Hercegovina | BH | CCC | Stable |
| Botswana | BO | BBB | Stable |
| Brazil | BR | BB | Stable |
| Bulgaria | BG | BB | Stable |
| Cambodia | KH | CCC | Stable |
| Cameroon | CM | B | Stable |
| Canada | CD | AA | Stable |
| Chile | CH | A | Stable |
| China | CN | BBB | Stable |
| Colombia | CB | BB | Stable |
| Costa Rica | CR | BB | Stable |
| Côte dIvoire | CI | CCC | Stable |
| Croatia | CT | B | Stable |
| Cuba | CU | CCC | Stable |
| Cyprus | CY | A | Stable |
| Czech Republic | CZ | BBB | Stable |
| Denmark | DN | AA | Stable |
| Dominican Republic | DR | CCC | Positive |
| Ecuador | EC | CCC | Stable |
| Egypt | EG | BB | Stable |
| El Salvador | ES | BB | Stable |
| Equatorial Guinea | GQ | BB | Stable |
| Estonia | ET | BB | Stable |
| Ethiopia | EH | CCC | Stable |
| Finland | FN | AA | Stable |
| France | FR | A | Stable |
| Gabon | GA | BB | Stable |
| Germany | DE | AA | Stable |
| Ghana | GH | CCC | Positive |
| Greece | GR | BB | Stable |
| Guatemala | GU | BB | Stable |
| Honduras | HD | CCC | Stable |
| Hong Kong | HK | A | Stable |
| Hungary | HG | B | Stable |
| India | IN | BB | Stable |
| Indonesia | ID | B | Positive |
| Iran | IR | B | Stable |
| Iraq | IQ | CC | Stable |
| Ireland | EI | BBB | Stable |
| Israel | IS | BBB | Stable |
| Italy | IT | BBB | Stable |
| Jamaica | JM | CC | Stable |
| Japan | JP | BBB | Stable |
| Jordan | JD | B | Stable |
| Kazakhstan | KZ | BB | Stable |
| Kenya | KN | CCC | Stable |
| Kuwait | KU | A | Stable |
| Latvia | LV | B | Stable |
| Lebanon | LB | CCC | Stable |
| Libya | LA | BB | Stable |
| Lithuania | LT | BB | Stable |
| Macedonia | MN | CCC | Positive |
| Malawi | MW | CCC | Stable |
| Malaysia | MA | BBB | Stable |
| Mauritius | MR | B | Stable |
| Mexico | MX | BB | Stable |
| Moldova | MV | CCC | Negative |
| Morocco | MC | BB | Stable |
| Mozambique | MZ | BB | Stable |
| Myanmar | MY | C | Stable |
| Namibia | NB | BBB | Stable |
| Netherlands | NL | AA | Stable |
| New Zealand | NZ | BBB | Stable |
| Nicaragua | NC | CC | Stable |
| Nigeria | NG | B | Stable |
| Norway | NW | AAA | Stable |
| Oman | OM | A | Stable |
| Pakistan | PK | CCC | Stable |
| Panama | PN | BB | Stable |
| Papua New Guinea | PP | BB | Stable |
| Paraguay | PG | B | Stable |
| Peru | PE | BBB | Stable |
| Philippines | PH | B | Stable |
| Poland | PL | BB | Stable |
| Portugal | PT | BBB | Stable |
| Qatar | QA | A | Stable |
| Romania | RM | BB | Stable |
| Russia | RU | BBB | Stable |
| Saudi Arabia | SD | BBB | Stable |
| Senegal | SE | B | Stable |
| Serbia | SB | CCC | Stable |
| Singapore | SG | A | Stable |
| Slovakia | SL | BBB | Stable |
| Slovenia | SV | A | Stable |
| South Africa | SA | BBB | Stable |
| South Korea | KS | BBB | Stable |
| Spain | SP | BBB | Stable |
| Sri Lanka | SR | B | Stable |
| Sudan | SU | C | Stable |
| Sweden | SW | AA | Stable |
| Switzerland | SI | AA | Stable |
| Syria | SY | CCC | Stable |
| Taiwan | TW | BBB | Stable |
| Tanzania | TZ | B | Stable |
| Thailand | TH | BB | Stable |
| Trinidad and Tobago | TT | BBB | Stable |
| Tunisia | TN | BB | Stable |
| Turkey | TK | B | Stable |
| Uganda | UG | BB | Stable |
| Ukraine | UI | CCC | Negative |
| United Arab Emirates | UA | BB | Stable |
| United Kingdom | UK | BBB | Stable |
| United States of America | US | AA | Stable |
| Uruguay | UR | BB | Stable |
| Uzbekistan | UZ | B | Stable |
| Venezuela | VZ | B | Stable |
| Vietnam | VN | CCC | Stable |
| Yemen | YA | CC | Stable |
| Zambia | ZB | BB | Stable |
| Zimbabwe | ZI | C | Stable |
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