Austria Credit Ratings & Outlooks
Country | Moody's | S&P | Fitch | DBRS | Scope Ratings |
|---|---|---|---|---|---|
Aa1 Negative | AA+ Stable | AA Stable | AAA Negative | AA+ Negative |
Credit Rating History
Country | Date of Change | Rating Agency | Previous Rating | Previous Outlook | Current Rating | Current Outlook |
|---|---|---|---|---|---|---|
| Sep 12, 2025 | Scope Ratings | AA+ | Stable | AA+ | Negative | |
| Aug 22, 2025 | Moody's | Aa1 | Stable | Aa1 | Negative | |
| Jun 06, 2025 | DBRS | AAA | Stable | AAA | Negative | |
| Jun 06, 2025 | Fitch | AA+ | Negative | AA | Stable | |
| Feb 14, 2025 | S&P | AA+ | Stable | AA+ | Stable | |
| Jan 10, 2025 | Fitch | AA+ | Stable | AA+ | Negative | |
| Apr 26, 2024 | Scope Ratings | AAA | Negative | AA+ | Stable | |
| Aug 25, 2023 | Fitch | AA+ | Negative | AA+ | Stable | |
| Jul 07, 2023 | Scope Ratings | AAA | Stable | AAA | Negative | |
| Oct 07, 2022 | Fitch | AA+ | Stable | AA+ | Negative | |
| May 15, 2020 | Fitch | AA+ | Positive | AA+ | Stable | |
| Jul 20, 2018 | Fitch | AA+ | Stable | AA+ | Positive | |
| Jun 30, 2017 | Scope Ratings | NR | AAA | Stable | ||
| Jun 24, 2016 | Moody's | Aaa | Negative | Aa1 | Stable | |
| Oct 23, 2015 | Moody's | Aaa | Stable | Aaa | Negative | |
| Feb 13, 2015 | Fitch | AAA | Stable | AA+ | Stable | |
| Jan 29, 2013 | S&P | AA+ | Negative | AA+ | Stable | |
| Jan 13, 2012 | S&P | AAA | Negative Watch | AA+ | Negative | |
| Dec 05, 2011 | S&P | AAA | Stable | AAA | Negative Watch | |
| Jun 21, 2011 | DBRS | NR | AAA | 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 Austria’s current credit rating?
Austria’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 Austria’s credit risk.
Has Austria’s credit rating changed recently?
This page lists the latest rating and outlook actions for Austria, showing when each agency last reviewed or changed its assessment.
Why does Austria’s credit rating matter to investors?
Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Austria's bond yields, currency, and equity flows as investors reassess risk.
How does Austria’s rating compare to other countries?
You can explore how Austria 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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