Israel’s Economy

Fitch* affirms Israel at 'A+'; outlook stable

On August 14, 2023, Fitch Ratings reaffirmed Israel’s A+ rating with a stable outlook, noting that “Israel retains strong financing capacity with strong demand for government bonds from domestic investors, a diversified global investor base and active Diaspora bonds market.” The report highlighted the country’s “diversified, resilient and high value-added economy and strong external finances” and went on to point out that maintaining Israel’s credit rating was supported by “strong external finances.”
(*Israel bonds are not rated.)

S&P* maintains Israel’s AA- rating amid the war in Gaza against Hamas

Standard & Poor's (S&P) has kept the Jewish state’s favorable rating* unchanged at AA- but has downgraded its outlook to “negative” from "stable" in its latest analysis. The Times of Israel reported on October 25, 2023. (*Israel bonds are not rated.)