Egypt | Credit Rating

Standard & Poor's credit rating for Egypt stands at B- with stable outlook. Moody's credit rating for Egypt was last set at B3 with stable outlook. Fitch's credit rating for Egypt was last reported at B 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 Egypt thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Egypt as reported by major credit rating agencies.



AgencyRatingOutlookDate
S&PB- Stable Nov 11 2016
S&PB- Negative May 13 2016
TE28 Positive Apr 16 2016
S&PB- Stable Nov 13 2015
S&PB- Positive May 15 2015
Moody'sB3 Stable Apr 07 2015
FitchB Stable Dec 19 2014
FitchB Stable Dec 19 2014
Moody'sCaa1 Stable Oct 20 2014
FitchB- Stable Jan 03 2014
S&PB- Stable Nov 15 2013
FitchB- Negative Jul 05 2013
S&PCCC+ Stable May 09 2013
Moody'sCaa1 Negative Mar 21 2013
FitchB Negative Jan 30 2013
Moody'sB2 Negative Watch Jan 18 2013
Moody'sB3 Negative Jan 12 2013
S&PB- Negative Dec 24 2012
S&PB Negative Aug 23 2012
S&PB Negative Watch Jun 25 2012
FitchB+ Negative Jun 15 2012
S&PB Negative Feb 10 2012
FitchBB- Negative Dec 30 2011
Moody'sB2 Negative Watch Dec 21 2011
S&PB+ Negative Nov 24 2011
Moody'sB1 Negative Oct 27 2011
S&PBB- Negative Oct 18 2011
Moody'sBa3 Negative Mar 16 2011
S&PBB Negative Mar 10 2011
FitchBB Negative Watch Feb 03 2011
S&PBB Negative Watch Feb 01 2011
Moody'sBa2 Negative Jan 31 2011
FitchBB+ Negative Jan 28 2011
Moody'sBa1 Stable Aug 19 2009
FitchBB+ Stable Aug 18 2008
Moody'sBa1 Negative Jun 23 2008
FitchBB+ Positive Jun 18 2007
S&PBB+ Stable Mar 14 2005
Moody'sBa1 Stable Nov 15 2003
S&PBB+ Negative Aug 22 2003
FitchBB+ Stable Aug 21 2002
S&PBB+ Stable May 22 2002
FitchBBB- Negative Jan 22 2002
Moody'sBa1 Negative Nov 07 2001
FitchBBB- Stable Sep 21 2000
S&PBBB- Negative Jul 03 2000
Moody'sBa1 Stable Nov 14 1997
Moody'sBa2 Positive Watch Oct 01 1997
Moody'sBa2 Positive Oct 01 1997
FitchBBB- N/A Aug 19 1997
S&PBBB- Stable Jan 15 1997
Moody'sBa2 Stable Oct 09 1996

 S&P Moody's Fitch TERating
sss B+ Stable B1 Stable   35
sss BBB- Stable   BBB Positive 65
sss B Negative B1 Negative B Negative 41
sss B Stable B3 Positive B Stable 15
sss   B1 Stable B+ Stable 43
sss BBB+ Positive   BBB- Stable 63
sss AAA Negative Aaa Stable AAA Stable 97
sss AA+ Stable Aa1 Negative AA+ Stable 96
sss BB+ Negative Ba1 Negative Watch BB+ Negative 55
sss BB+ Stable Baa3 Stable   65
sss BB- Stable Ba2 Negative BB+ Stable 60
sss BB- Stable Ba3 Stable BB- Stable 40
sss CCC+ Negative Caa3 Stable   53
sss B- Stable Caa1 Stable B- Stable 25
sss AA Stable Aa3 Stable AA- Stable 88
sss B- Stable B3 Stable   25
sss N/A N/A   N/A N/A 30
sss A+ Stable A2 Stable N/A N/A 91
sss BB Stable Ba3 Negative BB- Stable 38
sss B Stable B3 Stable   28
sss A- Negative A2 Stable   73
sss BB Negative Watch Ba2 Stable BB Negative 34
sss BB+ Stable Baa2 Stable BBB- Stable 53
sss B- Positive     30
sss N/A N/A B2 Stable   30
sss B Stable B2 Stable B Stable 30
sss AAA Stable Aaa Stable AAA Stable 99
sss B Stable   B Stable 35
sss   Aa3 Stable   85
sss AA- Negative Aa3 Stable A+ Negative 78
sss AA- Negative A1 Stable A+ Stable 80
sss BBB Negative Baa2 Stable BBB Stable 52
sss B- Negative B3 Stable   25
sss BB- Negative Ba2 Negative BB Stable 50
sss BB Stable Ba2 Stable BB Stable 45
sss   Caa2 Positive   20
sss BB+ Stable B1 Positive BB- Positive 36
sss AA- Stable A1 Stable A+ Stable 81
sss AAA Stable Aaa Stable AAA Stable 100
sss BB- Stable B1 Positive BB- Stable 36
sss B Stable B3 Stable B Negative 29
sss B- Stable B3 Stable B Stable 28
sss CC Negative Caa1 Stable CCC N/A 41
sss AA- Stable A1 Stable A+ Stable 81
sss B Stable B1 Stable B Stable 31
sss AA Stable     99
sss B+ Stable B1 Positive   33
sss AA+ Stable Aa1 Stable AA+ Stable 96
sss AA Stable Aa2 Stable AA Stable 90
sss B Stable B1 Negative B+ Negative 40
sss BB- Stable Ba3 Stable BB- Stable 38
sss AAA Stable Aaa Stable AAA Stable 100
sss B- Stable B3 Stable B Stable 31
sss B- Stable Caa3 Stable CCC N/A 10
sss SD Negative    
sss BB Negative Ba1 Stable BB Stable 49
sss B+ Positive B2 Positive   33
sss AAA Negative Aa1 Negative AA+ Stable 95
sss BBB- Stable Baa3 Stable BBB- Stable 47
sss A Stable A3 Stable BBB+ Positive 55
sss BBB- Stable Baa3 Positive BBB- Stable 48
sss BBB- Stable Baa3 Positive BBB- Positive 46
sss B- Stable   B- Stable 25
sss A+ Stable A3 Positive A Stable 70
sss N/A N/A Aa1 Negative   98
sss A+ Stable A1 Stable A+ Stable 76
sss BBB- Stable Baa2 Negative BBB Stable 60
sss   Ba3 Stable B+ Stable 38
sss B Stable B3 Stable B Stable 24
sss A+ Stable A1 Stable A Stable 78
sss BB- Negative B1 Stable   45
sss BBB- Negative Baa3 Negative BBB Stable 61
sss B+ Stable B1 Stable B+ Negative 20
sss AA Stable Aa2 Negative AA Stable 90
sss NR N/A B2 Stable   30
sss A- Stable A3 Stable A- Stable 69
sss B- Stable B2 Negative B- Stable 31
sss     B+ Stable 40
sss AAA Stable     100
sss A- Stable A3 Stable A- Stable 69
sss AAA Stable Aaa Stable AAA Stable 100
sss   Aa3 Negative AA- Stable 88
sss BB- Stable   BB Negative 48
sss A- Stable A3 Stable A- Stable 66
sss   B2 Stable B+ Stable
sss A- Stable A3 Stable A Positive 74
sss   Baa1 Stable   65
sss BBB+ Negative A3 Negative BBB+ Stable 60
sss   B3 Stable   25
sss B- Stable Caa1 Stable B- Stable 36
sss B+ Negative B1 Negative   40
sss BBB- Stable     55
sss BBB- Stable Ba1 Positive BBB- Stable 54
sss SD N/A Caa3 Negative CC N/A 30
sss   Baa3 Negative BBB- Negative 55
sss AAA Stable Aaa Stable AAA Stable 100
sss AA Stable Aaa Stable AA Stable 90
sss B+ Stable B2 Stable B+ Stable 33
sss B Stable B1 Stable B+ Negative 28
sss AAA Stable Aaa Stable AAA Stable 99
sss BB+ Negative Baa1 Stable   78
sss B Stable B3 Stable B Stable 19
sss BBB Stable Baa2 Stable BBB Stable 60
sss B+ Negative B2 Stable   35
sss BB Stable Ba1 Stable BB Stable 41
sss BBB+ Positive A3 Stable BBB+ Stable 60
sss BBB Stable Baa2 Stable BBB- Positive 53
sss BBB+ Stable A2 Stable A- Stable 67
sss BB+ Stable Ba1 Stable BB+ Stable 44
sss D Negative     0
sss AA Negative Aa2 Negative AA Stable 87
sss B- Stable B3 Negative CCC N/A 30
sss BBB- Stable Baa3 Stable BBB- Stable 52
sss BB+ Positive Ba1 Stable BBB- Stable 43
sss B Stable B2 Stable B+ Stable 30
sss     BBB Negative 65
sss A- Stable A1 Stable A+ Stable 86
sss B+ Stable Ba3 Stable   35
sss BB- Positive Ba3 Stable BB- Stable 36
sss     BB- Stable 30
sss AAA Stable Aaa Stable AAA Stable 98
sss A+ Stable A2 Positive A+ Stable 80
sss A Positive Baa3 Positive A- Stable 61
sss   B3 Stable   25
sss BB+ Negative Baa2 Negative Watch BB+ Stable 49
sss AA Stable Aa2 Stable AA- Stable 84
sss BBB+ Positive Baa2 Stable BBB+ Stable 62
sss B+ Negative B1 Negative B+ Stable 38
sss   B3 Stable   25
sss B Negative B1 Stable B- Negative 39
sss AAA Stable Aaa Stable AAA Stable 99
sss AAA Stable Aaa Stable AAA Stable 100
sss AA- Stable Aa3 Stable AA- Stable 82
sss BBB+ Stable Baa1 Stable BBB+ Stable 63
sss BBB+ Stable Ba1 Stable   68
sss BB- Negative Ba3 Negative B+ Stable 44
sss BB Negative Ba1 Negative BB+ Stable 44
sss B Stable B2 Stable B+ Stable 33
sss B- Stable Caa3 Stable B- Stable 15
sss AA Stable Aa2 Negative AA Stable 90
sss AA Negative Aa1 Negative AA Negative 95
sss AA+ Stable Aaa Stable AAA Stable 97
sss BBB Negative Baa2 Negative BBB- Stable 56
sss CCC Negative Caa3 Negative CCC N/A 5
sss BB- Stable B1 Positive BB- Positive 29
sss B Negative B3 Negative B Negative 34


Ratings

The Trading Economics credit rating (TE Rating) scores the credit worthiness of a country between 100 (riskless) and 0 (likely to default). Unlike the ratings provided by the major credit agencies, our index is numerical because we believe it is easier to understand and more insightful when comparing multiple countries. Arguably, our ratings are less likely to be manipulated because they are unsolicited and we are not paid in any way to provide countries with a rating. Technically, our ratings are based on a forward looking macro economic model which takes into account several leading economic indicators, financial markets and very little discretion. If you have any question please email us at contact@tradingeconomics.com

TE S&P Moody's Fitch  
100 AAA Aaa AAA Prime
95 AA+ Aa1 AA+ High grade
90 AA Aa2 AA
85 AA- Aa3 AA-
80 A+ A1 A+ Upper medium grade
75 A A2 A
70 A- A3 A-
65 BBB+ Baa1 BBB+ Lower medium grade
60 BBB Baa2 BBB
55 BBB- Baa3 BBB-
50 BB+ Ba1 BB+ Non-investment grade
speculative
45 BB Ba2 BB
40 BB- Ba3 BB-
35 B+ B1 B+ Highly speculative
30 B B2 B
25 B- B3 B-
20 CCC+ Caa1 CCC Substantial risks
15 CCC Caa2 Extremely speculative
10 CCC- Caa3 In default with little
prospect for recovery
  CC Ca
5 C C
0 D / DDD In default
/ DD
D