Sovereign credit rating is the standard of evaluating solvency and credit risks of a country. A credit rating agency will comprehensively evaluate the country’s political environment, economic development, financial policy, and fiscal performance to determine a representative credit rating and give investors insight into the level of risk associated with investing in a particular country.
The main international sovereign credit rating agencies are Standard & Poor’s, Fitch Ratings, and Moody’s. They publish sovereign credit rating reports of the selected countries periodically.
The sovereign credit rating results of Taiwan are as follows:
| Standard & Poor’s (2023) |
Fitch Ratings (2023) |
Moody’s (2022) |
| Short Term Credit Rating: A-1+ Long Term Credit Rating: AA+ Outlook: Stable |
Foreign Currency and Local Currency Long Term Issuer Default Rating: AA Outlook: Stable Foreign Currency and Local Currency Short Term Issuer Default Rating: F1+ Outlook: Stable Country Ceiling: AAA |
Long Term Issuer Rating:Aa3 Outlook: Stable
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