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© 2019–2026 Numbers.lk

Sri Lanka in numbers, context, and plain English.

DCBBBAAAA

Sri Lanka credit ratings

Experimental

The grade the country borrows against.

Where Sri Lanka sits

All agenciesForeign currency

6 notches below investment grade (BBB- / Baa3) at the best current rating.

S&P GlobalCCC+Moody’s RatingsCaa1
S&P · Fitch
DCCCCCB-B+BBBBB-BBB+AAA-AAA
Moody’s
CaCaa2B3B1Ba2Baa3Baa1A2Aa3Aaa
Fitch RatingsB-
← In default│ Investment grade →
Every rating Sri Lanka holds
Latest long- and short-term ratings in foreign and local currency, and the country ceiling. A dash means the agency does not publish that rating openly.
AgencyLT foreignLT localST foreignST localCeiling
Fitch Ratings
B-22 Sep 2026
B-22 Sep 2026
B22 Sep 2026
B22 Sep 2026
B-22 Sep 2026
S&P Global
CCC+27 Jul 2026
CCC+27 Jul 2026
——
B-27 Jul 2026T&C
Moody’s Ratings
Caa124 Aug 2026
————
Latest from each agency
The most recent rating action by Fitch, S&P and Moody’s, and when Numbers.lk last checked for a new one.
Fitch RatingsUpgrade

22 Sep 2026

CCC+B-

Stable outlook

Upgraded on sharp improvements in fiscal and external balances and structural reforms. Fitch projects debt at 92.9% of GDP in 2026 and reserves at US$ 7.7 bn by year-end. Country ceiling raised to B-.

Checked 18 Oct 2026Source
S&P GlobalAffirmed

27 Jul 2026

CCC+

Stable outlook

Affirmed on resilience to external shocks and strong revenue growth. Transfer & Convertibility assessment raised to B- from CCC+.

Checked 11 Oct 2026S&P
Moody’s RatingsAffirmed

24 Aug 2026

Caa1

Stable outlook

Affirmed. Moody’s projects debt at about 95% of GDP and over 580% of revenue in 2026, with interest absorbing more than 40% of revenue.

Checked 11 Oct 2026Moody’s