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Mongolia - Credit Rating
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Standard & Poor's credit rating for Mongolia stands at B with stable outlook. Moody's credit rating for Mongolia was last set at B3 with stable outlook. Fitch's credit rating for Mongolia was last reported at B 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 Mongolia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mongolia as reported by major credit rating agencies.
Agency
Rating
Outlook
Date
Moody's
B3
Stable
Mar 16 2021
Moody's
B3
Negative
May 08 2020
S&P
B
Stable
Nov 09 2018
Fitch
B
Stable
Jul 09 2018
Moody's
B3
Stable
Jan 18 2018
Fitch
B-
Positive
Nov 17 2017
Moody's
Caa1
Stable
Mar 30 2017
Moody's
Caa1
Negative Watch
Feb 15 2017
Fitch
B-
Stable
Nov 22 2016
Moody's
Caa1
Stable
Nov 18 2016
Moody's
B3
Negative Watch
Aug 26 2016
S&P
B-
Stable
Aug 19 2016
Fitch
B
Stable
Nov 24 2015
S&P
B
Stable
Nov 03 2015
S&P
B+
Negative
Apr 29 2015
Moody's
B2
Negative
Jul 17 2014
Moody's
B1
Negative
May 26 2014
S&P
B+
Stable
Apr 29 2014
Fitch
B+
Negative
Dec 13 2013
S&P
BB-
Negative
Apr 16 2013
S&P
BB-
Stable
Oct 29 2012
S&P
BB-
Positive
Dec 19 2011
Fitch
B+
Stable
Nov 23 2010
S&P
BB-
Stable
Nov 20 2009
Moody's
B1
Stable
Oct 30 2009
Fitch
B
Stable
Oct 11 2009
Moody's
B1
Negative
Jun 10 2009
Moody's
B1
Negative Watch
Feb 05 2009
Fitch
B
Negative
Jan 19 2009
S&P
BB-
Negative
Dec 19 2008
Fitch
B+
Negative
Dec 10 2008
Fitch
B+
Stable
Jun 03 2008
S&P
BB-
Stable
Dec 13 2007
Fitch
B+
Positive
Sep 20 2007
S&P
B+
Positive
Dec 22 2006
S&P
B
Positive
Dec 28 2005
Moody's
B1
Stable
Oct 04 2005
Fitch
B+
Stable
Jul 18 2005
S&P
B
Stable
Sep 06 2002
S&P
B
Positive
Jun 14 2001
S&P
B
Stable
Dec 23 1999
View
Credit Ratings by Country
Related
Mongolia GDP Growth Strongest in 2 Years
Mongolia Inflation Rate Steady at 12.2% in March
Mongolia Trade Surplus Widens in March
Mongolia Hikes Key Rate to 13%
Mongolia Industrial Output Growth at 3-Month High
Mongolia Jobless Rate at Record High
S&P Upgrades Mongolia Credit Rating to B
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