Kazakhstan Credit Ratings & Outlooks

Pays
Moody's
S&P
Fitch
DBRS
Scope Ratings
Kazakhstan
Baa1
Stable
BBB-
Positive
BBB
Stable
NR
NR

Historique des cotes de crédit

Pays
Date of Change
Agence de notation
Cote précédente
Outlook précédent
Cote actuelle
Current Outlook
Kazakhstan
août 22, 2025S&PBBB-StableBBB-Positive
Kazakhstan
sept. 09, 2024Moody'sBaa2PositiveBaa1Stable
Kazakhstan
oct. 27, 2023Moody'sBaa2StableBaa2Positive
Kazakhstan
mars 03, 2023S&PBBB-StableBBB-Stable
Kazakhstan
août 11, 2021Moody'sBaa3PositiveBaa2Stable
Kazakhstan
août 22, 2019Moody'sBaa3StableBaa3Positive
Kazakhstan
sept. 08, 2017S&PBBB-NegativeBBB-Stable
Kazakhstan
juil. 26, 2017Moody'sBaa3NegativeBaa3Stable
Kazakhstan
avr. 29, 2016FitchBBB+StableBBBStable
Kazakhstan
avr. 22, 2016Moody'sBaa2NegativeBaa3Negative
Kazakhstan
mars 04, 2016Moody'sBaa2StableBaa2Negative
Kazakhstan
févr. 17, 2016S&PBBBNegativeBBB-Negative
Kazakhstan
mars 31, 2015Moody'sBaa2PositiveBaa2Stable
Kazakhstan
févr. 09, 2015S&PBBB+NegativeBBBNegative
Kazakhstan
juin 13, 2014S&PBBB+StableBBB+Negative
Kazakhstan
août 16, 2013Moody'sBaa2StableBaa2Positive
Kazakhstan
nov. 20, 2012FitchBBBPositiveBBB+Stable
Kazakhstan
nov. 21, 2011FitchBBB-PositiveBBBPositive
Kazakhstan
nov. 07, 2011S&PBBBStableBBB+Stable
Kazakhstan
déc. 23, 2010S&PBBB-StableBBBStable

Clé de table

ClasseMoody'sS&PFitchDBRSScope 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
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
Kazakhstan’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 Kazakhstan’s credit risk.
This page lists the latest rating and outlook actions for Kazakhstan, showing when each agency last reviewed or changed its assessment.
Ratings directly affect borrowing costs, investor confidence, and market access. Changes can influence Kazakhstan's bond yields, currency, and equity flows as investors reassess risk.
You can explore how Kazakhstan ranks globally using our Credit Ratings Hub, which displays all countries’ ratings from S&P, Moody’s, Fitch, DBRS, and Scope.
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
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.
Publicité