Philippines | Credit Rating

Standard & Poors credit rating for Philippines stands at BB+. Moodys rating for Philippines sovereign debt is Ba1. Fitchs credit rating for Philippines is BB+. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Philippines thus having a big impact on the country's borrowing costs. This page provides - Philippines | Credit Rating - actual values, historical data, forecast, chart, statistics, economic calendar and news. 10/21/2014


 S&P Moody's Fitch TE 
B STABLE B STABLE B STABLE 32.50 STABLE
A- NEGATIVE A- NEGATIVE A- NEGATIVE 70.00 NEGATIVE
BB- STABLE BB- STABLE BB- STABLE 41.25 STABLE
SD NM SD NM SD NM 20.00 NM
42.50
BBB+ STABLE BBB+ STABLE BBB+ STABLE 60.00 STABLE
AAA STABLE AAA STABLE AAA STABLE 96.65 STABLE
AA+ STABLE AA+ STABLE AA+ STABLE 97.77 STABLE
BBB- STABLE BBB- STABLE BBB- STABLE 55.00 STABLE
BBB NEGATIVE BBB NEGATIVE BBB NEGATIVE 60.00 NEGATIVE
BBB STABLE BBB STABLE BBB STABLE 60.00 STABLE
BB- STABLE BB- STABLE BB- STABLE 40.00 STABLE
BB- NEGATIVE BB- NEGATIVE BB- NEGATIVE 32.50 NEGATIVE
B- STABLE B- STABLE B- STABLE 25.00 STABLE
AA STABLE AA STABLE AA STABLE 87.69 STABLE
B- STABLE B- STABLE B- STABLE 20.00 STABLE
AA- NEGATIVE AA- NEGATIVE AA- NEGATIVE 81.25 NEGATIVE
BB STABLE BB STABLE BB STABLE 41.25 STABLE
B STABLE B STABLE B STABLE 27.50 STABLE
A- STABLE A- STABLE A- STABLE 72.50 STABLE
BBB- STABLE BBB- STABLE BBB- STABLE 47.15 STABLE
BBB- Stable BBB- Stable BBB- Stable 52.75 Stable
B STABLE B STABLE B STABLE 30.00 STABLE
B STABLE B STABLE B STABLE 30.00 STABLE
B STABLE B STABLE B STABLE 30.00 STABLE
AAA STABLE AAA STABLE AAA STABLE 98.10 STABLE
B STABLE B STABLE B STABLE 30.00 STABLE
85.00
AA- STABLE AA- STABLE AA- STABLE 77.85 STABLE
AA- STABLE AA- STABLE AA- STABLE 78.57 STABLE
BBB Stable BBB Stable BBB Stable 53.28 Stable
B- STABLE B- STABLE B- STABLE 25.00 STABLE
BB STABLE BB STABLE BB STABLE 48.75 STABLE
BB Stable BB Stable BB Stable 42.56 Stable
15.00
B POSITIVE B POSITIVE B POSITIVE 22.50 POSITIVE
AA- STABLE AA- STABLE AA- STABLE 80.28 STABLE
AAA STABLE AAA STABLE AAA STABLE 98.98 STABLE
B+ STABLE B+ STABLE B+ STABLE 32.50 STABLE
B+ STABLE B+ STABLE B+ STABLE 28.75 STABLE
B- STABLE B- STABLE B- STABLE 23.75 STABLE
BB- NEGATIVE BB- NEGATIVE BB- NEGATIVE 40.00 NEGATIVE
AA- STABLE AA- STABLE AA- STABLE 81.25 STABLE
B STABLE B STABLE B STABLE 31.25 STABLE
100.00
B POSITIVE B POSITIVE B POSITIVE 32.50 POSITIVE
AA+ STABLE AA+ STABLE AA+ STABLE 97.84 STABLE
AA STABLE AA STABLE AA STABLE 92.62 STABLE
BB- STABLE BB- STABLE BB- STABLE 40.00 STABLE
BB- STABLE BB- STABLE BB- STABLE 40.00 STABLE
AAA STABLE AAA STABLE AAA STABLE 99.28 STABLE
B NEGATIVE B NEGATIVE B NEGATIVE 30.00 NEGATIVE
B STABLE B STABLE B STABLE 20.42 STABLE
SD NM SD NM SD NM NM
BB STABLE BB STABLE BB STABLE 46.25 STABLE
B STABLE B STABLE B STABLE 27.50 STABLE
AAA STABLE AAA STABLE AAA STABLE 94.47 STABLE
BB STABLE BB STABLE BB STABLE 44.70 STABLE
BBB- POSITIVE BBB- POSITIVE BBB- POSITIVE 50.64 POSITIVE
BBB- STABLE BBB- STABLE BBB- STABLE 46.61 STABLE
BB+ STABLE BB+ STABLE BB+ STABLE 45.52 STABLE
A- POSITIVE A- POSITIVE A- POSITIVE 67.05 POSITIVE
95.00
A+ STABLE A+ STABLE A+ STABLE 75.41 STABLE
BBB Negative BBB Negative BBB Negative 60.10 Negative
32.50
B- POSITIVE B- POSITIVE B- POSITIVE 21.25 POSITIVE
AA- NEGATIVE AA- NEGATIVE AA- NEGATIVE 82.02 NEGATIVE
BB- NEGATIVE BB- NEGATIVE BB- NEGATIVE 37.50 NEGATIVE
BBB+ NEGATIVE BBB+ NEGATIVE BBB+ NEGATIVE 63.75 NEGATIVE
B+ STABLE B+ STABLE B+ STABLE 22.75 STABLE
AA STABLE AA STABLE AA STABLE 90.00 STABLE
A- STABLE A- STABLE A- STABLE 66.46 STABLE
B- STABLE B- STABLE B- STABLE 30.00 STABLE
40.00
AAA STABLE AAA STABLE AAA STABLE 100.00 STABLE
A- STABLE A- STABLE A- STABLE 66.36 STABLE
AAA STABLE AAA STABLE AAA STABLE 100.00 STABLE
87.50
BB- STABLE BB- STABLE BB- STABLE 45.00 STABLE
A- STABLE A- STABLE A- STABLE 66.20 STABLE
BBB+ STABLE BBB+ STABLE BBB+ STABLE 71.25 STABLE
65.00
BBB+ STABLE BBB+ STABLE BBB+ STABLE 60.50 STABLE
25.00
B+ STABLE B+ STABLE B+ STABLE 33.75 STABLE
BB- NEGATIVE BB- NEGATIVE BB- NEGATIVE 40.00 NEGATIVE
BBB- STABLE BBB- STABLE BBB- STABLE 53.75 STABLE
B Stable B Stable B Stable 33.75 Stable
55.00
AA+ STABLE AA+ STABLE AA+ STABLE 97.84 STABLE
AA STABLE AA STABLE AA STABLE 88.47 STABLE
25.00
BB- NEGATIVE BB- NEGATIVE BB- NEGATIVE 27.23 NEGATIVE
AAA STABLE AAA STABLE AAA STABLE 98.03 STABLE
A STABLE A STABLE A STABLE 77.50 STABLE
B- STABLE B- STABLE B- STABLE 9.30 STABLE
BBB STABLE BBB STABLE BBB STABLE 60.00 STABLE
B+ STABLE B+ STABLE B+ STABLE 35.00 STABLE
BB STABLE BB STABLE BB STABLE 42.50 STABLE
BBB+ STABLE BBB+ STABLE BBB+ STABLE 60.96 STABLE
BBB STABLE BBB STABLE BBB STABLE 52.11 STABLE
A- STABLE A- STABLE A- STABLE 68.72 STABLE
BB Stable BB Stable BB Stable 45.47 Stable
BB Negative BB Negative BB Negative 37.50 Negative
AA STABLE AA STABLE AA STABLE 86.82 STABLE
B+ STABLE B+ STABLE B+ STABLE 36.25 STABLE
BBB- STABLE BBB- STABLE BBB- STABLE 50.95 STABLE
BBB- NEGATIVE BBB- NEGATIVE BBB- NEGATIVE 50.16 NEGATIVE
B POSITIVE B POSITIVE B POSITIVE 32.50 POSITIVE
65.00
AA- POSITIVE AA- POSITIVE AA- POSITIVE 87.50 POSITIVE
B+ STABLE B+ STABLE B+ STABLE 35.00 STABLE
BB- NEGATIVE BB- NEGATIVE BB- NEGATIVE 36.25 NEGATIVE
35.00
AAA STABLE AAA STABLE AAA STABLE 97.71 STABLE
A POSITIVE A POSITIVE A POSITIVE 76.49 POSITIVE
A- NEGATIVE A- NEGATIVE A- NEGATIVE 59.94 NEGATIVE
BBB- STABLE BBB- STABLE BBB- STABLE 52.23 STABLE
A+ POSITIVE A+ POSITIVE A+ POSITIVE 80.93 POSITIVE
BBB STABLE BBB STABLE BBB STABLE 60.41 STABLE
B+ STABLE B+ STABLE B+ STABLE 37.50 STABLE
30.00
BB- STABLE BB- STABLE BB- STABLE 40.00 STABLE
AAA STABLE AAA STABLE AAA STABLE 98.85 STABLE
AAA STABLE AAA STABLE AAA STABLE 99.61 STABLE
AA- STABLE AA- STABLE AA- STABLE 80.85 STABLE
BBB+ STABLE BBB+ STABLE BBB+ STABLE 61.85 STABLE
A STABLE A STABLE A STABLE 70.00 STABLE
40.00
BB+ Negative BB+ Negative BB+ Negative 44.92 Negative
B STABLE B STABLE B STABLE 31.25 STABLE
CCC STABLE CCC STABLE CCC STABLE 16.25 STABLE
AA STABLE AA STABLE AA STABLE 90.00 STABLE
AAA STABLE AAA STABLE AAA STABLE 94.27 STABLE
AA+ STABLE AA+ STABLE AA+ STABLE 96.66 STABLE
BBB- STABLE BBB- STABLE BBB- STABLE 56.25 STABLE
CCC+ NEGATIVE CCC+ NEGATIVE CCC+ NEGATIVE 9.28 NEGATIVE
BB- STABLE BB- STABLE BB- STABLE 30.10 STABLE
B+ NEGATIVE B+ NEGATIVE B+ NEGATIVE 32.50 NEGATIVE


TE* S&P Moody's Fitch      
100 AAA Aaa AAA Prime    
95 AA+ Aa1 AA+ High grade  
The TE credit rating is driven by a model created at Trading Economics. We take into account the average grade given by credit rating agencies plus multiple economic indicators, exchange rates, government bond yields, stock indexes, commodity prices and very little discretion. Unlike the ratings provided by the major credit agencies, our index is numerical because we believe it is easier to understand and visualize on historical data charts and more insightful when comparing multiple countries. Our ratings are also more quantitative and more independent because they are less likely to be manipulated by a single credit rating agency. Please note this is still a beta model with lots of work in progress. If you have any question please email us at contact@tradingeconomics.com


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