Credit ratings are important for a country in ensuring the availability and cost-effectiveness of borrowing from the international financial markets. Finland’s solicited credit rating is AA+.
State Treasury publishes Finland’s credit ratings and a calendar for future rating announcements on this page. We will also make rating reports available on this page soon after publication.
Calendar dates for Finland rating announcements in 2026
| Credit rating agency | Date |
|---|---|
| Fitch Ratings | 23 January, 2026 |
| Scope Ratings | 30 January, 2026 |
| DBRS Morningstar | 20 March, 2026 |
| S&P Global Ratings | 24 April, 2026 |
| Japan Credit Rating Agency | |
| Moody’s Ratings | 12 June, 2026 |
| Scope Ratings | 10 July, 2026 |
| Fitch Ratings | 17 July, 2026 |
| DBRS Morningstar | 18 September, 2026 |
| S&P Global Ratings | 23 October, 2026 |
| Scope Ratings | 4 December, 2026 |
| Moody’s Ratings | 11 December, 2026 |
Finland’s credit ratings and rating reports
| Credit rating agency | Short-term | Long-term | Latest rating action |
|---|---|---|---|
| Fitch Ratings | F1+ | AA (stable outlook) |
Fitch Downgrades Finland to ‘AA’; Outlook Stable (25 July, 2025)
Finland Rating Report (4 August, 2025) Review – No Action (23 January, 2026) |
| Moody’s Ratings | Prime-1 | Aa1 (stable outlook) | Announcement of Periodic Review (12 December, 2025)
Credit Opinion, Government of Finland (16 December, 2025) |
| S&P Global Ratings* | A-1+ | AA+ (stable outlook) |
Research Update Finland (27 October, 2025) |
| Japan Credit Rating Agency | AAA, Stable | Rating Action Finland (6 June, 2025) | |
| Morningstar DBRS | R-1 (high), stable trend | AA (high), stable trend | Morningstar DBRS Confirms Republic of Finland at AA (high), Stable Trend (19 September, 2025)
Credit Rating Report (19 September, 2025) |
| Scope Ratings | S-1+ | AA (stable outlook) |
Scope downgrades Finland to AA and revises the Outlook to Stable (30 January, 2026)
Rating Report (30 January, 2026) |
*In 2026, the Republic of Finland will have a solicited credit rating from S&P Global Ratings.