US EditionS&P Downgrades Colombia to BB- — Lowest Rating Since 1993
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S&P Downgrades Colombia to BB- — Lowest Rating Since 1993
Key Points — S&P Global Ratings cut Colombia’s sovereign credit rating from BB to BB- with stable outlook — the lowest level since 1993, when S&P first rated the country, and the second downgrade in four months after Fitch’s BB+ to BB cut in December — Colombia is now one notch from “highly speculative” territory […] The post S&P Downgrades Colombia to BB- — Lowest Rating Since 1993 appeared first on The Rio Times.
Due to the fiscal imbalances that afflict the government in 2026, Standard & Poors lowered the credit rating of Colombia from BB to BB- with a stable perspective and highlighted the difficulties of external indebtedness. It is the first time since 1993 that the country falls to this note, the year in which the qualifier issued its first sovereign concept on Colombia. This leaves Colombia to a single decline of falling into the category of countr…
Image generated by the Gemini AI for illustrative purposes. The S&P Global Ratings agency today lowered Colombia’s long-term sovereign rating from BB to BB-, a decision that not only deepens the loss of the degree of investment, but puts the credit rating at its lowest level since registration, bringing it closer to high levels of speculation, according to analysts. The agency justified this movement due to persistent fiscal imbalances and econo…
This rating, which measures how good a country pays, dropped from BB to BB- in foreign debt and from BB+ to BB in local debt. The reasons: “Limited fiscal flexibility, high debt burden, weak external position and moderate per capita GDP.” In addition, it warns that fiscal policy has become increasingly unpredictable since the government suspended the fiscal rule. The qualifier also notes that fiscal problems and government decisions “have create…
S&P reduces Colombia's rating from BB to BB- due to fiscal imbalances Agencia Period... Mié, 08/04/2026 - 16:48 The qualifier warns fiscal deterioration, less predictability in economic policy and growing external pressures.
S&P Global Ratings reduced Colombia’s long-term sovereign credit rating in foreign currency from «BB» to «BB-», and its long-term rating in local currency from «BB+» to «BB». See more: S&P 500 skyrockets while oil falls and the dollar loses all profits of 2026The prospects for both ratings are stable and is S&P’s second discount action on Colombia since 2025. “We confirm our short-term ratings in B,” the agency said. It has also revised downward…
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