The latest downgrade of South Africa’s credit rating means that some international investors will be prohibited by their mandates to invest in South Africa. When investors are looking at countries to invest in, they will be looking at the list below.

Some might argue that that there are still plenty of countries rated much lower than South Africa, and while this might be true, at Counting Coins we believe that South Africa should always be compared with the best.

The website Tradingeconomics.com takes ratings from S&P, Moody’s and Fitch into consideration, and then gives each country a rating out of 100. A country with a score of 100 is consider riskless, while a score of 0 means the country is most likely to default on its loans.

South Africa has a score of 49 according to Trading Economics.

Here are the countries with better credit ratings than South Africa:

Denmark – 100
Germany – 100
Liechtenstein – 100
Luxembourg – 100
Netherlands – 100
Switzerland – 100
Canada – 99
European Union – 99
Norway – 99
Sweden – 99
Isle of Man – 98
Singapore – 98
Australia – 97
United States – 97
Austria – 96
Finland – 96
Hong Kong – 95
United Kingdom – 95
Bermuda – 91
France – 90
Kuwait – 90
New Zealand – 90
United Arab Emirates – 90
Belgium – 88
Macau – 88
Qatar – 87
Saudi Arabia – 86
Cayman Islands – 85
South Korea – 84
Taiwan – 82
Czech Republic – 81
Estonia – 81
China – 80
Slovakia – 80
Chile – 78
Japan – 78
Oman – 78
Israel – 76
Malta – 74
Botswana – 73
Ireland – 70
Latvia – 69
Lithuania – 69
Trinidad and Tobago – 68
Poland – 67
Malaysia – 66
Andorra – 65
Bahamas – 65
Mauritius – 65
San Marino – 65
Aruba – 63
Thailand – 63
Spain – 62
Kazakhstan – 61
Slovenia – 61
Bahrain – 60
Italy – 60
Mexico – 60
Panama – 60
Peru – 60
Uruguay – 56
Azerbaijan – 55
Iceland – 55
Montserrat – 55
Namibia – 55
Morocco – 54
Barbados – 53
Bulgaria – 53
Philippines – 53
Colombia – 52
Romania – 52
Costa Rica – 50

About The Author

Enrique Grobbelaar

Enrique is the eternal entrepreneur: his first venture was selling off his parents’ household goods at bargain prices to their neighbours at age seven. All other endeavours thus far have been entirely above board.

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