Lithuania Credit Ratings & Outlooks
Country | Moody's | S&P | Fitch | DBRS | Scope Ratings |
|---|---|---|---|---|---|
A2 Stable | A+ Stable | A Stable | A (high) Stable | A+ Stable |
Credit Rating History
Country | Date of Change | Rating Agency | Previous Rating | Previous Outlook | Current Rating | Current Outlook |
|---|---|---|---|---|---|---|
| Sep 05, 2025 | Scope Ratings | A | Positive | A+ | Stable | |
| Sep 20, 2024 | Scope Ratings | A | Stable | A | Positive | |
| Apr 28, 2023 | Scope Ratings | A | Positive | A | Stable | |
| Dec 10, 2021 | Scope Ratings | A | Stable | A | Positive | |
| Nov 19, 2021 | DBRS | A | Positive | A (high) | Stable | |
| May 21, 2021 | DBRS | A | Stable | A | Positive | |
| Feb 12, 2021 | Moody's | A3 | Positive | A2 | Stable | |
| Jan 29, 2021 | Scope Ratings | A- | Positive | A | Stable | |
| May 22, 2020 | DBRS | A | Positive | A | Stable | |
| Feb 21, 2020 | S&P | A | Stable | A+ | Stable | |
| Jan 31, 2020 | Fitch | A- | Positive | A | Stable | |
| Jan 10, 2020 | DBRS | A | Stable | A | Positive | |
| Oct 04, 2019 | Scope Ratings | A- | Stable | A- | Positive | |
| Aug 23, 2019 | Moody's | A3 | Stable | A3 | Positive | |
| Jul 12, 2019 | DBRS | A (low) | Stable | A | Stable | |
| Aug 10, 2018 | Fitch | A- | Stable | A- | Positive | |
| Mar 02, 2018 | S&P | A- | Positive | A | Stable | |
| Oct 27, 2017 | Scope Ratings | NR | A- | Stable | ||
| Sep 01, 2017 | S&P | A- | Stable | A- | Positive | |
| Jul 21, 2017 | DBRS | NR | A (low) | Stable |
Table Key
| Grade | Moody's | S&P | Fitch | DBRS | Scope Ratings |
|---|---|---|---|---|---|
Prime | Aaa | AAA | AAA | AAA | AAA |
High Grade | Aa1 | AA+ | AA+ | AA (high) | AA+ |
Aa2 | AA | AA | AA | AA | |
Aa3 | AA- | AA- | AA (low) | AA- | |
Upper Medium Grade | A1 | A+ | A+ | A (high) | A+ |
A2 | A | A | A | A | |
A3 | A- | A- | A (low) | A- | |
Lower Medium Grade | Baa1 | BBB+ | BBB+ | BBB (high) | BBB+ |
Baa2 | BBB | BBB | BBB | BBB | |
Baa3 | BBB- | BBB- | BBB (low) | BBB- | |
Non-investment Grade Speculative | Ba1 | BB+ | BB+ | BB (high) | BB+ |
Ba2 | BB | BB | BB | BB | |
Ba3 | BB- | BB- | BB (low) | BB- | |
Highly Speculative Grade | B1 | B+ | B+ | B (high) | B+ |
B2 | B | B | B | B | |
B3 | B- | B- | B (low) | B- | |
Substantial Risk Grade | Caa1 | CCC+ | CCC+ | CCC | |
Caa2 | CCC | CCC | CCC | CCC | |
Caa3 | CCC- | CCC- | CCC | ||
Extremely Speculative Grade | Ca | CC | CC | CCC | CC |
C | CCC | C | |||
In Default with Little Prospect for Recovery | CD | RD | RD | ||
In Default | SD | SD | |||
C | D | D | D | D | |
DD | DD | ||||
DDD | DDD | ||||
Not Rated | NR | NR | NR | NR | NR |
FAQ
What is Lithuania’s current credit rating?
Lithuania’s sovereign credit rating reflects its government’s ability and willingness to meet debt obligations. It is assigned by major agencies such as S&P, Moody’s, Fitch, DBRS, and Scope, and represents how international markets view Lithuania’s credit risk.
Has Lithuania’s credit rating changed recently?
This page lists the latest rating and outlook actions for Lithuania, showing when each agency last reviewed or changed its assessment.
Why does Lithuania’s credit rating matter to investors?
Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Lithuania's bond yields, currency, and equity flows as investors reassess risk.
How does Lithuania’s rating compare to other countries?
You can explore how Lithuania ranks globally using our Credit Ratings Hub, which displays all countries’ ratings from S&P, Moody’s, Fitch, DBRS, and Scope.
What do outlooks like Positive, Stable, and Negative mean?
They indicate the expected direction of a rating. Positive signals a possible upgrade, Stable means no change is likely, and Negative points to potential downgrade risk
What is the difference between investment grade and speculative grade?
Investment grade (BBB−/Baa3 or higher) means relatively low risk and steady market access. A speculative grade (BB+/Ba1 or lower) signals higher risk and volatility, but can attract yield-seeking investors.
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