Panama - Credit Rating

Standard & Poor's credit rating for Panama stands at BBB- with stable outlook. Moody's credit rating for Panama was last set at Baa3 with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Panama thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Panama as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
Moody's	Baa3	Negative	Nov 29 2024
S&P	BBB-	Stable	Nov 26 2024
S&P	BBB	Negative	Nov 07 2023
Moody's	Baa3	Stable	Oct 31 2023
S&P	BBB	Stable	Aug 11 2023
Moody's	Baa2	Negative	Oct 25 2022
S&P	BBB	Negative	Aug 04 2021
Moody's	Baa2	Stable	Mar 17 2021
S&P	BBB	Stable	Nov 24 2020
Moody's	Baa1	Negative	Oct 20 2020
S&P	BBB+	Negative	Apr 24 2020
S&P	BBB+	Stable	Apr 29 2019
Moody's	Baa1	Stable	Mar 08 2019
S&P	BBB	Positive	Jul 02 2018
Moody's	Baa2	Positive	Sep 29 2017
Moody's	Baa2	Stable	Oct 31 2012
S&P	BBB	Stable	Jul 02 2012
Moody's	Baa3	Positive	Aug 04 2011
S&P	BBB-	Positive	Jul 21 2011
Moody's	Baa3	Stable	Jun 09 2010
S&P	BBB-	Stable	May 25 2010
Moody's	Ba1	Positive Watch	Feb 12 2010
S&P	BB+	Positive	Nov 09 2009
S&P	BB+	Stable	Feb 26 2008
S&P	BB	Positive	May 03 2007
S&P	BB	Stable	Feb 18 2005
S&P	BB	Negative	Mar 10 2003
S&P	BB	Stable	Nov 20 2001
S&P	BB+	Stable	Jul 06 2000
S&P	BB+	Negative	Dec 03 1999
S&P	BB+	Stable	Jan 22 1997
Moody's	Ba1	Stable	Jan 22 1997
Moody's	Aa	Stable	Jun 27 1978
Moody's	WR	N/A	Oct 14 1977
Moody's	A	Stable	Jun 30 1958