Credit rating agencies like Standard & Poor’s, Moody’s, and Fitch assess a country's creditworthiness. They do this by assigning ratings using a system of letters and numbers such as AAA, Baa3, or Caa3. These ratings are based on multiple factors, including economic growth, debt levels, political stability, foreign reserves, inflation, and the ability to repay debt.
A strong credit rating, such as Aaa or Aa1, indicates a country is financially stable and has a low risk of default, helping it borrow money at lower interest rates. In contrast, a poor rating, such as a C or Caa3, signals high risk, limited access to financing, and greater economic instability.
This gallery will explore both financially strong countries and those facing significant economic challenges, highlighting the diverse global credit landscape. Curious? Click on to know more.