Belgium - Credit Rating

Standard & Poor's credit rating for Belgium stands at AA with stable outlook. Moody's credit rating for Belgium was last set at Aa3 with stable outlook. Fitch's credit rating for Belgium was last reported at AA- with negative outlook. DBRS's credit rating for Belgium is AA 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 Belgium thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Belgium as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
Fitch	AA-	Negative	Mar 10 2023
DBRS	AA	Stable	Aug 12 2022
Fitch	AA-	Stable	Sep 24 2021
DBRS	AA (high)	Negative	Aug 14 2020
Fitch	AA-	Negative	Apr 03 2020
Fitch	AA-	Stable	Dec 23 2016
Fitch	AA	Negative	Nov 14 2014
DBRS	AA (high)	Stable	Mar 21 2014
Moody's	Aa3	Stable	Mar 07 2014
S&P	AA	Stable	Feb 28 2014
Fitch	AA	Stable	Jan 23 2013
Fitch	AA	Negative	Jan 27 2012
S&P	AA	Negative	Jan 13 2012
Moody's	Aa3	Negative	Dec 16 2011
Fitch	AA+	Negative Watch	Dec 16 2011
S&P	AA	Negative Watch	Dec 05 2011
S&P	AA	Negative	Nov 25 2011
DBRS	AA (high)	Negative	Nov 11 2011
Moody's	Aa1	Negative Watch	Oct 07 2011
Fitch	AA+	Negative	May 23 2011
S&P	AA+	Negative	Dec 14 2010
Moody's	Aa1	Stable	Jan 13 2009
Fitch	AA+	Stable	May 02 2006
Moody's	Aa1	Positive	Mar 28 2006
Fitch	AA	Stable	Jun 17 2002
Fitch	AA-	Stable	Sep 21 2000
Fitch	AA-	N/A	Dec 16 1998
Fitch	AA+	N/A	Aug 10 1994
S&P	AA+	Stable	Jul 01 1992
S&P	AA+	Positive	Jun 26 1989
S&P	AA+	N/A	Oct 26 1988
Moody's	Aa1	Stable	Mar 22 1988