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Sovereign rating

Burkina Faso: B−: a weak rating, highly speculative

Burkina Faso is no. 22 of the 34 African countries rated, in the middle of the African ranking. The country pays its debts, but a shock (commodity prices, a political crisis) could stop it. Borrowing is expensive.

Weak rating B−
Category
Highly speculative (B)
In Africa
no. 22 of 34
Trend
Stable

6 notches below investment grade

S&P

B−*

stable outlook · upgraded 6 Nov 2026

Source ↗

AfCRA

—

The African agency, launched on 7 October 2026, has not published a rating yet.

Long-term foreign-currency ratings, from the agencies' releases · verdict and common scale: Syli Atlas's reading of the agencies' categories · a rating is an opinion on credit risk, not investment advice

History

Decisions of the agencies for Burkina Faso

Decisions of the agencies for Burkina Faso
Date Agency Decision Rating Outlook Source
6 Nov 2026 S&P upgraded B−* stable outlook financialafrik.com ↗
8 May 2026 S&P affirmed CCC+ stable outlook financialafrik.com ↗

Questions

What is the credit rating of Burkina Faso?

S&P B−: weak rating, highly speculative (b), 6 notches below investment grade, no. 22 of 34 in Africa.