North Macedonia - Credit Rating

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

Agency	Rating	Outlook	Date
Fitch	BB+	Negative	May 15 2020
Fitch	BB+	Stable	Jun 14 2019
Fitch	BB	Positive	Feb 02 2018
Fitch	BB	Negative	Aug 19 2016
Fitch	BB+	Negative	Aug 21 2015
S&P	BB-	Stable	May 24 2013
Fitch	BB+	Stable	Oct 27 2010
S&P	BB	Stable	Sep 21 2009
Fitch	BB+	Negative	May 21 2009
S&P	BB	Negative	Apr 30 2009
S&P	BB+	Negative	Dec 01 2008
Fitch	BB+	Stable	Nov 04 2008
Fitch	BB+	Positive	Aug 14 2007
Fitch	BB+	Stable	Jun 13 2006
Fitch	BB	Positive	Nov 01 2005
S&P	BB+	Stable	Aug 23 2005
S&P	BB	Positive	Jul 30 2004