The sovereign credit rating for the Republic of Maldives is assigned by two of the three major credit rating agencies in the world - Moody’s Investors Service and Fitch Ratings.
The first sovereign credit rating issued and published for the Maldives was in September 2016, where Moody’s assigned a B2 rating for the Maldives. In May 2017, Fitch Rating became the second rating agency to rate the Maldives, with a B+ rating.
Rating Agency | Rating | Outlook | Date reviewed |
Moody's | B3 | Negative | 14 June 2020 |
Fitch | B | Negative | 14 June 2020 |
21 May 2020 - Moody's downgrades Maldives' rating to B3, maintains negative outlook
30 Mar 2020 - Fitch Downgrades Maldives to 'B'; Outlook Revised to Negative
19 Nov 2019 - Moody's affirms Maldives' B2 rating; maintains negative outlook
03 Sep 2019 - Moody's announces completion of a periodic review of issuers including Maldives, Government of19 Jun 2019 - Maldives - Ratings Navigator
27 May 2019 - Correction: Fitch Affirms Maldives at 'B+'; Outlook Stable
21 Mar 2019 - Fitch Rates Maldives' Housing Development Corporation First-Time 'B+'; Outlook Stable
02 Oct 2018 - Fitch Ratings: Maldives Election Outcome May Ease Political Tensions