The table below shows a list of the credit ratings for selected Frontier Markets. The ratings agencies used are Standard & Poor’s (S&P), Moody’s and Fitch. Data has been compiled courtesy of these agencies and also WikiRating.

(last updated: 6th May 2019)

Country	S&P	Moody’s	Fitch
Argentina	B	B3	B
Bahrain	BB-	B1	BBB
Bangladesh	BB-	Ba3	BB-
Botswana	A-	A2	n.r.
Bulgaria	BBB-	Baa2	BBB
Croatia	BBB-	Ba2	BB+
Cyprus	BBB-	Ba3	BB+
Estonia	AA-	A1	AA-
Ghana	B-	B3	B+
Jamaica	B	B3	B-
Kazakhstan	BBB-	Baa3	BBB
Kenya	B+	B1	B+
Kuwait	AA	Aa2	AA
Latvia	A-	A3	A-
Lebanon	B-	Caa1	B
Lithuania	A	A3	A-
Macedonia	n.r.	n.r.	n.r.
Malta	A-	A3	A+
Mauritius	n.r.	Baa1	n.r.
Mongolia	B-	Caa1	B+
Namibia	n.r.	Ba1	BBB-
Nigeria	B	B1	BB-
Oman	BB	Ba1	n.r.
Panama	BBB	Baa2	BBB
Romania	BBB-	Baa3	BBB-
Serbia	BB	Ba3	BB
Slovakia	A+	A2	A+
Slovenia	A+	Baa1	A-
Sri Lanka	B+	B1	BB-
Tanzania	n.r.	n.r.	n.r.
Trinidad and Tobago	A-	Ba1	n.r.
Tunisia	n.r.	n.r.	n.r.
Uganda	B	B2	B
Ukraine	B-	Caa1	B-
United Arab Emirates	n.r.	Aa2	n.r.
Vietnam	BB	B1	B+