Credit Rating

A professional and independent view on credit ratings of firms and official entities are of great importance in international financial markets. Such a credit rating done by accepted rating-firms makes borrowing easier, more efficient and will benefit the borrower in paying interest rates suitable to the credit rating.

Three credit rating companies give the Icelandic government a credit rating, both as a borrower abroad and domestically. These firms are Moody´s Investor Service, Standard & Poor´s and Fitch.

Press releases from rating agencies that provide justification for Iceland's credit rating can be found on the website of the Ministry of Finance and Economic Affairs.

   Foreign currency  Domestic currency  
   Last change  Long-Term  Short-Term  Long-Term  Short-Term  Outlook
 Moody's  Sep. '24  A1  A1    Stable
 S&P  Nov. '23  A+  A-1  A+  A-1  Stable
 Fitch  Mar. '22  A  F1+  A  F1+  Stable