Standard & Poor's credit rating for New Zealand stands at AA+ with stable outlook. Moody's credit rating for New Zealand was last set at Aaa with stable outlook. Fitch's credit rating for New Zealand was last reported at AA with positive outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of New Zealand thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for New Zealand as reported by major credit rating agencies.


Agency Rating Outlook Date
Fitch AA+ Stable Sep 09 2022
S&P AA+ Stable Feb 21 2021
Fitch AA Positive Jan 22 2020
S&P AA Positive Jan 30 2019
Fitch AA Stable Jan 26 2016
Fitch AA Positive Jul 08 2014
S&P AA Stable Sep 29 2011
Fitch AA Stable Sep 29 2011
S&P AA+ Negative Nov 21 2010
Fitch AA+ Negative Jul 15 2009
S&P AA+ Stable May 27 2009
S&P AA+ Negative Jan 12 2009
Fitch AA+ Stable Aug 18 2003
Moody's Aaa Stable Oct 20 2002
Fitch AA Stable Mar 27 2002
S&P AA+ Stable Mar 06 2001
Moody's Aa2 Stable Sep 23 1998
S&P AA+ Negative Sep 09 1998
Moody's Aa1 Negative Watch Jun 04 1998
Moody's Aa1 Stable Feb 26 1996
S&P AA+ Stable Jan 31 1996
Moody's Aa2 Positive Watch Jan 03 1996
S&P AA Stable Dec 22 1994
S&P AA Positive Jul 07 1994
Moody's Aa2 Stable Mar 16 1994
Moody's Aa3 Positive Watch Feb 22 1994
S&P AA- Stable Jan 22 1991
S&P AA Negative Jun 26 1989
S&P AA N/A Nov 02 1986
Moody's Aa3 Stable Aug 15 1986
Moody's Aa Stable Oct 17 1984
S&P AA+ N/A Apr 29 1983
Moody's Aaa Stable Jun 29 1977
S&P AAA N/A Nov 01 1976
Moody's Aa Stable Jul 10 1975
Moody's Baa Stable Jul 01 1965
S&P BBB N/A Sep 29 1961
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