Hongrie Credit Ratings & Outlooks

Pays	Moody's	S&P	Fitch	DBRS	Scope Ratings
Hongrie	Baa2 Negative	BBB- Negative	BBB Negative	BBB Stable	BBB Stable

Historique des cotes de crédit

Pays	Date of Change	Agence de notation	Cote précédente	Outlook précédent	Cote actuelle	Current Outlook
Hongrie	déc. 05, 2025	Fitch	BBB	Negative	BBB	Negative
Hongrie	déc. 04, 2025	S&P	BBB-	Stable	BBB-	Negative
Hongrie	juin 06, 2025	DBRS	NR		BBB	Stable
Hongrie	nov. 30, 2024	Moody's	Baa2	Stable	Baa2	Negative
Hongrie	févr. 24, 2023	Scope Ratings	BBB+	Negative	BBB	Stable
Hongrie	janv. 27, 2023	S&P	BBB	Stable	BBB-	Stable
Hongrie	janv. 20, 2023	Fitch	BBB	Stable	BBB	Negative
Hongrie	sept. 02, 2022	Scope Ratings	BBB+	Stable	BBB+	Negative
Hongrie	sept. 24, 2021	Moody's	Baa3	Positive	Baa2	Stable
Hongrie	sept. 25, 2020	Moody's	Baa3	Stable	Baa3	Positive
Hongrie	avr. 28, 2020	S&P	BBB	Positive	BBB	Stable
Hongrie	févr. 14, 2020	S&P	BBB	Stable	BBB	Positive
Hongrie	oct. 18, 2019	Scope Ratings	BBB	Positive	BBB+	Stable
Hongrie	févr. 22, 2019	Fitch	BBB-	Positive	BBB	Stable
Hongrie	févr. 15, 2019	S&P	BBB-	Positive	BBB	Stable
Hongrie	févr. 23, 2018	Scope Ratings	BBB	Stable	BBB	Positive
Hongrie	nov. 10, 2017	Fitch	BBB-	Stable	BBB-	Positive
Hongrie	sept. 01, 2017	Scope Ratings	NR		BBB	Stable
Hongrie	août 25, 2017	S&P	BBB-	Stable	BBB-	Positive
Hongrie	nov. 04, 2016	Moody's	Ba1	Positive	Baa3	Stable

Clé de table

Classe	Moody's	S&P	Fitch	DBRS	Scope Ratings
Taux préférentiel	Aaa	AAA	AAA	AAA	AAA
Haute Qualité	Aa1	AA+	AA+	AA (high)	AA+
	Aa2	AA	AA	AA	AA
	Aa3	AA-	AA-	AA (low)	AA-
Grade moyen supérieur	A1	A+	A+	A (high)	A+
	A2	A	A	A	A
	A3	A-	A-	A (low)	A-
Inférieure Moyenne	Baa1	BBB+	BBB+	BBB (high)	BBB+
	Baa2	BBB	BBB	BBB	BBB
	Baa3	BBB-	BBB-	BBB (low)	BBB-
De qualité inférieure spéculatif	Ba1	BB+	BB+	BB (high)	BB+
	Ba2	BB	BB	BB	BB
	Ba3	BB-	BB-	BB (low)	BB-
Highly Speculative Grade	B1	B+	B+	B (high)	B+
	B2	B	B	B	B
	B3	B-	B-	B (low)	B-
Substantial Risk Grade	Caa1	CCC+	CCC+	CCC
	Caa2	CCC	CCC	CCC	CCC
	Caa3	CCC-	CCC-	CCC
Extremely Speculative Grade	Ca	CC	CC	CCC	CC
Extremely Speculative Grade			C	CCC	C
En défaut avec peu de perspectives de reprise		CD	RD	RD
En défaut		SD		SD
	C	D	D	D	D
			DD	DD
			DDD	DDD
Non évalué	NR	NR	NR	NR	NR

FAQ

What is Hongrie’s current credit rating?

Hongrie’s sovereign credit rating reflects its government’s ability and willingness to meet debt obligations. It is assigned by major agencies such as S&P, Moody’s, Fitch, DBRS, and Scope, and represents how international markets view Hongrie’s credit risk.

Has Hongrie’s credit rating changed recently?

This page lists the latest rating and outlook actions for Hongrie, showing when each agency last reviewed or changed its assessment.

Why does Hongrie’s credit rating matter to investors?

Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Hongrie's bond yields, currency, and equity flows as investors reassess risk.

How does Hongrie’s rating compare to other countries?

You can explore how Hongrie ranks globally using our Credit Ratings Hub, which displays all countries’ ratings from S&P, Moody’s, Fitch, DBRS, and Scope.

What do outlooks like Positive, Stable, and Negative mean?

They indicate the expected direction of a rating. Positive signals a possible upgrade, Stable means no change is likely, and Negative points to potential downgrade risk

What is the difference between investment grade and speculative grade?

Investment grade (BBB−/Baa3 or higher) means relatively low risk and steady market access. A speculative grade (BB+/Ba1 or lower) signals higher risk and volatility, but can attract yield-seeking investors.