Spain - Credit Rating

Standard & Poor's credit rating for Spain stands at A with stable outlook. Moody's credit rating for Spain was last set at Baa1 with positive outlook. DBRS' credit rating for Spain was last reported at A (high) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Spain thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Spain as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
DBRS	A (high)	Stable	Nov 29 2024
DBRS	A	Positive	May 31 2024
Moody's	Baa1	Positive	Mar 15 2024
S&P	A	Stable	Mar 18 2022
S&P	A	Negative	Sep 18 2020
DBRS	A	Stable	May 29 2020
DBRS	A	Positive	Sep 20 2019
S&P	A	Stable	Sep 20 2019
Moody's	Baa1	Stable	Apr 13 2018
DBRS	A	Stable	Apr 06 2018
S&P	A-	Positive	Mar 23 2018
S&P	BBB+	Positive	Mar 31 2017
DBRS	A (low)	Stable	Apr 08 2016
Moody's	Baa2	Stable	Feb 19 2016
DBRS	A (low)	Positive	Oct 09 2015
S&P	BBB+	Stable	Oct 02 2015
DBRS	A (low)	Stable	Oct 10 2014
S&P	BBB	Stable	May 23 2014
Moody's	Baa2	Positive	Feb 21 2014
Moody's	Baa3	Stable	Dec 04 2013
S&P	BBB-	Stable	Nov 29 2013
Moody's	Baa3	Negative	Oct 16 2012
S&P	BBB-	Negative	Oct 10 2012
DBRS	A (low)	Negative	Aug 08 2012
Moody's	Baa3	Negative Watch	Jun 13 2012
DBRS	A (high)	Under Review	May 22 2012
DBRS	A (high)	Negative	May 03 2012
S&P	BBB+	Negative	Apr 26 2012
Moody's	A3	Negative	Feb 13 2012
S&P	A	Negative	Jan 13 2012
DBRS	AA (low)	Negative	Dec 08 2011
S&P	AA-	Negative Watch	Dec 05 2011
Moody's	A1	Negative	Oct 18 2011
S&P	AA-	Negative	Oct 13 2011
DBRS	AA	Negative	Aug 17 2011
Moody's	Aa2	Negative Watch	Jul 29 2011
Moody's	Aa2	Negative	Mar 10 2011
Moody's	Aa1	Negative Watch	Dec 15 2010
DBRS	AA	Stable	Oct 21 2010
Moody's	Aa1	Stable	Sep 30 2010
Moody's	Aaa	Negative Watch	Jun 30 2010
S&P	AA	Negative	Apr 28 2010
S&P	AA+	Negative	Dec 09 2009
S&P	AA+	Stable	Jan 19 2009
S&P	AAA	Negative Watch	Jan 12 2009
S&P	AAA	Stable	Dec 13 2004
S&P	AA+	Positive	Jul 30 2003
Moody's	Aaa	Stable	Dec 13 2001
Moody's	Aa2	Positive Watch	Sep 19 2001
S&P	AA+	Stable	Mar 31 1999
S&P	AA	Positive	May 06 1998
S&P	AA	Stable	Feb 06 1996
S&P	AA	Positive	Jun 26 1989
S&P	AA	N/A	Aug 01 1988
Moody's	Aa2	Stable	Feb 03 1988