Sovereign credit ratings
Long-term foreign-currency credit ratings of about 160 sovereigns by Moody's, S&P and Fitch, one record per country, agency and annual edition, as compiled each January by Aswath Damodaran (NYU Stern) from the agencies' published ratings; the 2026 edition is the first held, and each later edition adds its own records. A rating an agency changes during the year appears with the next edition. notch places every agency's rating on one 22-step scale (1 is Aaa/AAA, 10 is Baa3/BBB-, the lowest investment grade), so ratings compare across agencies; a country an agency does not rate has no record for it. The matching default spreads and country risk premiums are economic series ({country}.sovereign.default_spread, {country}.sovereign.country_risk_premium). Default order: observation_date ascending, id ascending. Results are limited to the entitled scope. Data is delivered from validated canonical batches; a connected dataset with nothing published for the key's markets yet returns 503. Access requires the operation capability on the API key.
/v1/economic/sovereign-ratings- Required capability
- economic.read
- Data timing
- As released
- Credits
- 5 credits per request.
Parameters
countriesstringoptional · query- ISO 3166-1 alpha-2 country codes.
agencystringoptional · query- Rating agency.
moodysspfitch fromstringoptional · query- Inclusive lower bound on observation_date.
tostringoptional · query- Inclusive upper bound on observation_date; must be on or after from, so from equal to to selects one day.
as_ofstringoptional · query- Knowledge cutoff as a UTC date (YYYY-MM-DD): the response reflects what was known by the end of that day. Defaults to now; cannot be in the future. A date from before the dataset's knowledge history returns 422 point-in-time-unavailable naming the earliest one, which GET /v1/datasets lists as earliest_as_of.
known_fromstringoptional · query- First UTC date (YYYY-MM-DD, inclusive) on which a revision became known.
known_tostringoptional · query- Last UTC date (YYYY-MM-DD, inclusive) on which a revision became known; on or after known_from.
orderstringoptional · query- Direction on observation_date; ties use ID ascending.
Default:ascdescasc limitintegeroptional · query- Maximum records per page.Default:
100 cursorstringoptional · query- Opaque cursor, expires after one hour; binds filters, order, resolved as_of, account/key and entitlement. Repeat the original query unchanged.
formatstringoptional · query- Response format. csv returns the data rows with a header row, for spreadsheet functions such as IMPORTDATA; nested fields become dotted columns and lists one JSON array cell, the next page cursor is returned in X-Next-Cursor and meta.errors in X-Meta-Errors. A result without rows is the header row alone, listing the documented fields of a row. Default json, or csv when format is omitted and the Accept header ranks text/csv above JSON; a format the Accept header does not admit returns 406 not-acceptable.
jsoncsv
Response fields
Returns data as an array of records. All example values are illustrative.
idstring- Record identifier, stable across revisions.
country_codestring- country code
agencystring- Rating agency: Moody's, S&P Global Ratings or Fitch Ratings.
moodysspfitch ratingstring- Long-term foreign-currency sovereign rating on the agency's own scale.
notchinteger- The rating on one scale for all three agencies: 1 is Aaa/AAA, 10 is Baa3/BBB-, the lowest investment grade, 21 is C, and 22 a default (SD, RD or D).
investment_gradeboolean- Whether the rating is investment grade: notch 10 (Baa3/BBB-) or better.
observation_datestring- Date of the edition the rating is taken from: the first of January of each year.
Response metadata
Responses include meta.timezone. Dataset responses include next_cursor; health and exports have their own metadata. Request tracing uses the X-Request-ID header.
When something goes wrong
An empty data: [] is a successful query with no matching records. Invalid symbols, permissions and malformed parameters produce an RFC 9457 problem with an actionable detail.
Plans
Requires economic.read. Access, recency and history depth come from the plan definitions the API enforces.
| Plan | Access | Recency | History |
|---|---|---|---|
| Free | Not included | — | — |
| Developer | Not included | — | — |
| Pro | Included | As released | 15 years |
| Commercial | Included | As released | Full history |
| Scale | Included | As released | Full history |
History is how far back a plan may request. How far records actually go for a symbol is history_from in dataset coverage. Nothing is real-time. Compare plans