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Sovereign rating

Seychelles: BB: a fair rating, 2 notches below investment grade

Seychelles is no. 6 of the 34 African countries rated, among the best rated in Africa. Not yet investment grade, but at the top of the speculative grade: the country borrows on the markets, at a higher cost than an investment-grade one.

Fair rating BB
Category
Speculative (BB)
In Africa
no. 6 of 34
Trend
Stable

2 notches below investment grade

Fitch

BB

stable outlook · affirmed 3 Sep 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 Seychelles

Decisions of the agencies for Seychelles
Date Agency Decision Rating Outlook Source
3 Sep 2026 Fitch affirmed BB stable outlook nation.sc ↗

Questions

What is the credit rating of Seychelles?

Fitch BB: fair rating, speculative (bb), 2 notches below investment grade, no. 6 of 34 in Africa.