Standard & Poor's credit rating for Chile stands at A+ with negative outlook. Moody's credit rating for Chile was last set at A1 with stable outlook. Fitch's credit rating for Chile was last reported at A with negative outlook. DBRS's credit rating for Chile is N/A with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Chile thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Chile as reported by major credit rating agencies.


AgencyRatingOutlookDate
S&PA+ Negative Apr 27 2020
FitchA Negative Mar 12 2020
Moody'sA1 Stable Jul 26 2018
Moody'sAa3 Negative Aug 24 2017
FitchA Stable Aug 11 2017
S&PA+ Stable Jul 13 2017
DBRSN/A N/A Apr 12 2017
S&PAA- Negative Jan 26 2017
FitchA+ Negative Dec 13 2016
DBRSAA (low) Stable Feb 08 2013
S&PAA- Stable Dec 26 2012
DBRSA (high) Positive Dec 20 2011
FitchA+ Stable Nov 21 2011
FitchA+ Stable Feb 01 2011
S&PA+ Positive Dec 16 2010
Moody'sAa3 Stable Jun 16 2010
Moody'sA1 Stable Mar 23 2009
Moody'sA2 Positive Watch Nov 20 2008
FitchA Stable Nov 10 2008
S&PA+ Stable Dec 18 2007
FitchA Positive May 15 2007
S&PA Positive Dec 14 2006
Moody'sA2 Stable Jul 07 2006
DBRSA (high) Stable May 30 2006
Moody'sBaa1 Positive Watch Mar 21 2006
FitchA Stable Mar 28 2005
FitchA- Positive Feb 02 2004
S&PA Stable Jan 14 2004
FitchA- Stable Feb 24 2003
S&PA- Positive Apr 16 2002
FitchA- Stable Sep 21 2000
FitchA- N/A Aug 30 1995
S&PA- Stable Jul 11 1995
Moody'sBaa1 Stable Jun 29 1995
Moody'sBaa2 Positive Watch May 03 1995
FitchBBB+ N/A Nov 10 1994
Moody'sBaa2 Stable Feb 17 1994
S&PBBB+ Stable Dec 20 1993
S&PBBB Stable Aug 17 1992

 S&PMoody'sFitchDBRSTE
B+ B1 35
BBB BBB+ 62
CCC+ B3 B- 23
SD Ca RD SD 10
Ba3 BB- 16
BBB+ BB 55
AAA Aaa AAA AAA 100
AA+ Aa1 AA+ AAA 96
BB+ Ba2 BB+ 48
BB Ba2 50
B+ B2 BB- 35
BB- Ba3 BB- 40
B- Caa1 22
B B3 B 26
AA Aa3 AA- AA (high) 86
CC Caa1 17
B+ B2 B 31
A+ A2 N/A 78
B+ B1 B+ 36
B B3 27
BBB+ A2 70
BB- Ba2 BB- BB (low) 42
BBB Baa2 BBB 60
B 25
N/A B2 30
B- B2 B 28
AAA Aaa AA+ AAA 100
B B- 30
Aa3 85
A+ A1 A N/A 78
A+ A1 A+ A (high) 80
BBB- Baa2 BBB- BBB 57
CCC+ Caa1 20
B B2 B 31
BBB- Ba2 BBB- 51
Caa2 15
BBB- Ba2 BBB- BBB (low) 50
AA- Aa3 AA- 83
AAA Aaa AAA AAA 100
BB- Ba3 BB- 40
SD Caa3 RD 13
B B2 B+ 30
B- B3 B- 25
AA- A1 AA- AA (low) 83
B B2 B 30
AA Aaa AAA AAA 98
BB- Ba3 40
AA+ Aa1 AA+ AA (high) 96
AA Aa2 AA AAA 92
N/A Caa1 CCC 26
BB Ba2 BB 45
AAA Aaa AAA AAA 100
B B3 B 23
BB- B1 BB BB (low) 37
SD
BB- Ba1 BB- 45
BB- B1 35
AA+ Aa3 AA- 90
BBB Baa3 BBB 58
A A2 A 75
BBB- Baa3 BBB- BBB 56
BBB Baa2 BBB 60
B- Caa1 B- 23
AA- A2 A+ A (high) 78
N/A Aa2 90
AA- A1 A+ 81
BBB Baa3 BBB- BBB (high) 61
Ba3 B+ 37
B+ B2 B+ 33
A+ A1 A A (high) 77
B+ B1 BB- 36
BBB- Baa3 BBB 56
B+ B2 B+ 33
AA- Aa2 AA 88
NR B2 30
B3 B- 25
A+ A3 A- A (low) 73
SD C RD 11
B 35
AAA 100
A+ A3 A A 75
AAA Aaa AAA AAA 100
Aa3 AA 87
BB- BB+ 45
A- A3 A- 70
B3 B 30
B3
A- A2 A+ A (high) 75
Baa1 65
BBB Baa1 BBB- BBB 60
B3 25
B B3 B 28
B+ B1 35
BBB- 55
BBB- Ba1 BBB- 53
CCC+ Caa2 CCC 14
Ba2 BB 45
AAA Aaa AAA AAA 100
AA Aaa AA 93
B- B3 B- 25
B3
B- B2 B 30
AAA Aaa AAA AAA 99
BB- Ba3 BB 43
B- B3 B- 25
BBB+ Baa1 BBB 63
B- B2 30
BB Ba1 BB+ 46
BBB+ A3 BBB+ N/A 65
BBB+ Baa2 BBB 61
A- A2 A- A 71
BBB Baa3 BBB BBB (high) 71
D 0
AA- Aa3 AA- 85
B- Caa2 CCC 20
BBB- Baa3 BBB- 55
BBB- Baa3 BBB 55
B+ B2 B+ 33
BB+ 55
A- A1 A 75
B+ Ba3 37
BB+ Ba3 BB+ 46
B+ 45
AAA Aaa AAA AAA 98
A+ A2 A A (high) 76
AA- Baa1 A A (high) 75
B3 25
BB- Ba1 BB 46
AA Aa2 AA- 86
A Baa1 A- A 71
B- B2 B- 28
B3 25
CCC Caa3 CC 16
B3 30
AAA Aaa AAA AAA 99
AAA Aaa AAA AAA 100
AA- Aa3 AA- 83
B- B3 25
B1
BBB+ Baa1 BBB+ 65
B B3 30
BBB- Ba1 52
N/A B2 B 31
B+ B1 BB- BB (high) 36
B B2 B+ 31
B B3 B 26
AA Aa2 AA 90
AA Aa2 AA- AAA 91
AA+ Aaa AAA AAA 98
BBB Baa2 BBB- BBB (low) 55
BB- B1 BB- 38
SD WR RD 11
BB Ba3 BB 43
CCC Ca CC 30


Credit Ratings

TE S&P Moody's Fitch DBRS Description
100 AAA Aaa AAA AAA Prime
95 AA+ Aa1 AA+ AA (high) High grade
90 AA Aa2 AA AA
85 AA- Aa3 AA- AA (low)
80 A+ A1 A+ A (high) Upper medium grade
75 A A2 A A
70 A- A3 A- A (low)
65 BBB+ Baa1 BBB+ BBB (high) Lower medium grade
60 BBB Baa2 BBB BBB
55 BBB- Baa3 BBB- BBB (low)
50 BB+ Ba1 BB+ BB (high) Non-investment grade
speculative
45 BB Ba2 BB BB
40 BB- Ba3 BB- BB (low)
35 B+ B1 B+ B (high) Highly speculative
30 B B2 B B
25 B- B3 B- B (low)
20 CCC+ Caa1 CCC CCC (high) Substantial risks
15 CCC Caa2 CCC Extremely speculative
10 CCC- Caa3 CCC (low) In default with little
prospect for recovery
  CC Ca CC
5 C C C
0 D / DDD   In default
/ DD D
D
Standard & Poor, Moody's, Fitch and DBRS' sovereign debt credit rating is displayed above. In addition, the Trading Economics (TE) credit rating is shown scoring the credit worthiness of a country between 100 (riskless) and 0 (likely to default). Unlike the ratings provided by the major credit agencies, our index is numerical because we believe it is easier to understand and more insightful when comparing multiple countries. Arguably, our ratings are less likely to be manipulated because they are unsolicited and we are not paid in any way to provide countries with a rating. Technically, our ratings are based on a forward looking macro economic model which takes into account several leading economic indicators, financial markets and very little discretion. If you have any question please email us at contact@tradingeconomics.com