The Government of the Grand Duchy of Luxembourg

Ratings

The State Treasury is responsible for regular dialogue with the credit rating agencies, which regularly assess the ability of governments to repay their debts. The major agencies' conclusions on Luxembourg's assessment are unanimous: the Grand Duchy gets the highest rating (AAA - with stable outlook), reflecting a stable and predictable economic and financial situation.

CREDIT RATING agency Notation Outlook Date External link
Moody's Aaa Stable 07.02.2025 Press release from Moody's (Pdf, 61 Kb)
S&P Global Ratings AAA Stable 24.01.2025  
Fitch Ratings AAA Stable 22.11.2024 Press release from Fitch Ratings
DBRS Morningstar AAA Stable 08.11.2024 Press release from DBRS Morningstar
Scope Ratings AAA Stable 08.11.2024 Press release from Scope Ratings
Credit Reform Rating AAA Stable 19.04.2024 Press release from Creditreform Rating

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