The government has solicited credit ratings from two credit rating agencies: Fitch Ratings and S&P Global Ratings. For long-term debt, they are AA+ (stable outlook) and AA+ (stable outlook), respectively. In addition, other credit rating agencies provide unsolicited ratings.
Solicited credit ratings for central government debt
| Calendar dates for credit rating announcements in 2024: | |
|---|---|
| 9 February, 2024 | Fitch Ratings |
| 26 April, 2024 | S&P Global Ratings |
| 9 August, 2024 | Fitch Ratings |
| 25 October, 2024 | S&P Global Ratings |
The State Treasury will make rating reports available on this page soon after publication. A full analysis by the credit rating agency usually follows in a few weeks after the rating announcement.
| Credit rating agency | Short-term | Long-term | Latest reports | Press releases |
|---|---|---|---|---|
| Fitch Ratings | F1+ | AA+ (stable outlook) |
Finland Rating Report (26 February, 2024)
Previous: Finland Rating Report (21 August, 2023) |
Fitch affirms Finland at ‘AA+’; Outlook Stable (9 February, 2024) |
| S&P Global Ratings | A-1+ | AA+ (stable outlook) |
Research Update Finland (27 October, 2023)
Previous: Ratings Direct Finland (1 May, 2023) |
|
Unsolicited credit ratings for central government debt
| Calendar dates for credit rating announcements in 2024: | |
|---|---|
| 15 March, 2024 | Scope Ratings |
| 22 March, 2024 | DBRS Morningstar |
| 25 April, 2024 | Japan Credit Rating Agency |
| 14 June, 2024 | Creditreform Rating |
| 30 August, 2024 | Scope Ratings |
| 20 September, 2024 | DBRS Morningstar |
| 13 December, 2024 | Creditreform Rating |
The State Treasury will make rating reports available on this page soon after publication. A full analysis by the credit rating agency usually follows in a few days after the rating announcement.
| Credit rating agency | Short-term | Long-term | Press releases |
|---|---|---|---|
| Creditreform Rating | AA+, stable outlook |
Rating Report (16 June, 2023)
Previous: Rating Report (15 July, 2022) |
|
| DBRS Morningstar | R-1 (high), stable trend | AA (high), stable trend | Morningstar DBRS Confirms Republic of Finland at AA (high), Stable Trend (22 March, 2024)
Rating Report (22 March, 2024) Previous: Rating Report (22 September, 2023) DBRS Morningstar Confirms Republic of Finland at AA (high), Stable Trend (22 September, 2023) |
| Japan Credit Rating Agency | AAA (stable outlook) |
JCR Affirmed AAA/Stable (FC/LC) on Finland (22 February, 2023) | |
| Scope Ratings | S-1+ | AA+ (stable outlook) |
Scope affirms Finland’s credit rating at AA+ with a Stable outlook (15 March, 2024) |