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 07.08.2026 Press release from Moody's (Pdf, 50 Kb)
S&P Global Ratings AAA Stable 31.07.2026 Press release from S&P Global Ratings (Pdf, 179 Kb)  
Fitch Ratings AAA Stable 24.04.2026 Review Fitch Ratings  
Morningstar DBRS AAA Stable 24.04..2026 Press release from Morningstar DBRS
Scope Ratings AAA Stable 10.04.2026 Press release from Scope Ratings

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