List of U.S. states by credit rating
This is a list of U.S. states by credit rating, showing credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's. The list is given as of May 2021.
State | S&P Global[1] | Moody's | Fitch | Ref. |
---|---|---|---|---|
![]() |
AA | Aa1 | AA+ | [2] |
![]() |
AA- | Aa3 | A+ | [2][3] |
![]() |
AA | Aa1 | n/a | [2] |
![]() |
AA | Aa1 | n/a | [2] |
![]() |
AA- | Aa2 | AA | [2] |
![]() |
AA | Aa1 | n/a | [2] |
![]() |
A | Aa3 | A+ | [2][4] |
![]() |
AAA | Aaa | AAA | [2][5] |
![]() |
AAA | Aaa | AAA | [2] |
![]() |
AAA | Aaa | AAA | [2][6] |
![]() |
AA+ | Aa2 | AA | [2] |
![]() |
AA+ | AAA | AAA | [2][7] |
![]() |
BBB | Baa1 | BBB+ | [2][8] |
![]() |
AAA | Aaa | AAA | [2][9] |
![]() |
AAA | Aaa | AAA | [2][10] |
![]() |
AA- | Aa2 | n/a | [2] |
![]() |
A | Aa3 | AA- | [2] |
![]() |
AA- | Aa3 | AA- | [2] |
![]() |
AA | Aa2 | AA | [2][11] |
![]() |
AAA | Aaa | AAA | [2][12] |
![]() |
AA | Aa1 | AA+ | [2][13] |
![]() |
AA | Aa1 | AA | [2][14] |
![]() |
AAA | Aa1 | AAA | [2][15] |
![]() |
AA | Aa2 | AA | [2][16] |
![]() |
AAA | Aaa | AAA | [2] |
![]() |
AA | Aa1 | AA+ | [2] |
![]() |
AAA | Aa1 | n/a | [2] |
![]() |
AA+ | Aa1 | AA+ | [2] |
![]() |
AA | Aa1 | AA+ | [2][17] |
![]() |
BBB+ | A2 | A- | [2] |
![]() |
AA | Aa2 | n/a | [2] |
![]() |
AA+ | Aa2 | AA+ | [2][18] |
![]() |
AAA | Aaa | AAA | [2][19] |
![]() |
AA+ | Aa1 | n/a | [2] |
![]() |
AA+ | Aa1 | AA+ | [2][20] |
![]() |
AA | Aa2 | AA | [2] |
![]() |
AA+ | Aa1 | AA+ | [2][21] |
![]() |
A+ | Aa3 | AA- | [2][22] |
![]() |
AA | Aa2 | AA | [2][23] |
![]() |
AA+ | Aaa | AAA | [2][24] |
![]() |
AAA | Aaa | AAA | [2] |
![]() |
AAA | Aaa | AAA | [2][25] |
![]() |
AAA | Aaa | AAA | [2][26] |
![]() |
AAA | Aaa | AAA | [2][27] |
![]() |
AA+ | Aa1 | AA+ | [2][17] |
![]() |
AAA | Aaa | AAA | [2][22] |
![]() |
AA+ | Aaa | AA+ | [2][28] |
![]() |
AA- | Aa2 | AA | [2][29] |
![]() |
AA | Aa1 | AA+ | [2] |
![]() |
AA | n/a | n/a | [2] |

Credit ratings for state debt from S&P Global as of May 2021
AAA
AA+
AA
AA−
A+
A
A−
BBB+
BBB
BBB- and below

Credit ratings for state debt from Moody's as of May 2021.
Aaa
Aa1
Aa2
Aa3
A1
A2
A3
Baa1
Baa2
Baa3 and below
Not rated

Credit ratings for state debt from Fitch as of May 2021.
AAA
AA+
AA
AA−
A+
A
A−
BBB+
BBB
BBB- and below
Not rated
Historic S&P Global Rankings
State | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
AA- | AA- | AA | AA | AA | AA+ | AAA | AAA | AAA | AA- | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | NR | NR |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA- | AA- | NR |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
AA- | AA- | AA- | AA- | AA- | AA- | AA- | A | A | A- | A- | A- | A | A+ | A+ | A+ | A | A | BBB | A | A+ |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA |
![]() |
A | A | A | A | A+ | AA- | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
BBB | BBB- | BBB- | BBB- | BBB- | BBB | A- | A- | A- | A | A+ | A+ | A+ | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA | AA | AA+ | AA+ | AA+ |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
![]() |
AA- | AA- | AA- | AA- | AA- | AA- | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
![]() |
A | A | A | A | A+ | A+ | A+ | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA |
![]() |
AA- | AA- | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA | AA- | AA- | A+ | A | A | A | A+ | A+ | A | A |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA | AA+ | AA+ | AA+ |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
![]() |
AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- |
![]() |
AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA | AA | AA+ | AA+ | AAA | AAA |
![]() |
AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA- |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
![]() |
AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA+ | AA+ |
![]() |
BBB+ | BBB+ | A- | A- | A- | A | A | A+ | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA | AA- | AA | AA | AA+ |
![]() |
AA | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA- | AA- | AA- | AA- |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
![]() |
AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA | AA |
![]() |
A+ | A+ | A+ | A+ | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | NR | NR | NR | NR | NR |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
![]() |
AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
![]() |
AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA+ | AA+ | AA+ |
![]() |
AA- | AA- | AA- | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- |
![]() |
AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA |
![]() |
AA | AA | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA |
Source:[1] |
References
- "History Of U.S. State Ratings". S&P Global. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - California State Treasurer. "California's Current Credit Ratings". www.treasurer.ca.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Alaska Credit Ratings". treasury.dor.alaska.gov. Retrieved 2021-05-11.
- "State of Connecticut Bond Ratings". Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Rating Agencies' Credit Reports". Department of Finance - State of Delaware. Retrieved 2021-05-11.
- "Rating Reports - G.O. Bonds". Georgia State Financing and Investment Commission. Retrieved 2021-05-11.
- Idaho State Treasurer's Office. "Credit Rating Enhancement Committee (CREC)". sto.idaho.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Bond Ratings - Illinois Comptroller's Office". illinoiscomptroller.gov. Retrieved 2021-05-11.
- Indiana Finance Authority (2020-10-05). "Credit Ratings". in.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Iowa Remains at the Top of Credit Rating Scales". www.iowatreasurer.gov. 2020-02-19. Retrieved 2021-05-11.
- Maine Office of the State Treasurer. "Debts & Bonds: Bond Ratings". www.maine.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - Maryland State Treasurer. "Rating Agency Reports". www.treasurer.state.md.us. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Ratings Reports". www.massbondholder.com. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - Michigan Department of Treasury. "Credit Rating". www.michigan.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Minnesota's Bond Ratings". mn.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Bonds and Debt". ms.gov. Retrieved 2020-05-11.
{{cite web}}
: CS1 maint: url-status (link) - Vermont Treasurer. "STATE BOND RATINGS REPORT". vermonttreasurer.gov. Retrieved 2020-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Credit Ratings | Investor's Guide". www.budget.ny.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Treasurer Folwell Announces "AAA" Bond Ratings for NC". www.nctreasurer.com. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - Office of Budget and Management. "Ratings and Credit Reports". obm.ohio.gov. Retrieved 2020-05-11.
{{cite web}}
: CS1 maint: url-status (link) - Oregon State Treasury. "Oregon Bonds FAQs". www.oregon.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Fiscal Health Scorecard". Pennsylvania Treasury Transparency Portal. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Credit Ratings". Rhode Island Office of the General Treasurer. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "State Credit Ratings". SC Office of the State Treasurer. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Tennessee's Credit Rating Now at the Top". www.tn.gov. 2016-05-31. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "State of Texas Debt". Texas Bond Review Board. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - Utah Office of State Treasurer. "Utah maintains AAA credit rating from all major rating agencies, saves taxpayer dollars on transportation projects". treasurer.utah.gov. Retrieved 2021-05-11.
{{cite web}}
: CS1 maint: url-status (link) - "Credit Ratings Remain High as Washington Prepares to Issue New Debt". Washington State Treasurer. 2020-07-01. Retrieved 2021-05-11.
- "State of West Virginia Credit Ratings". investorrelations.wv.gov. Retrieved 2020-05-11.
{{cite web}}
: CS1 maint: url-status (link)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.