Makrognosis

Finland Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:FI

Model score88 / 1009 Nov 2026
Grade equivalentAAmodel-implied
BandUpper investment grade0–100 scale, 100 = strongest
Rank14th of 84economies scored

Makrognosis sovereign credit model scores Finland at 88 out of 100 as of 9 November 2026, equivalent to AA on the familiar letter scale — upper investment grade.

The score is down 0.5 points from 88 on 1 October 2026.

That places Finland 14th of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 90.2% of GDP, a fiscal balance of −3.8% of GDP, a current account balance of 1.0% of GDP.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Finland sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 202686889092Robomacro
Finland sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202687.8AA
1 October 202688.3AA
31 July 202688.3AA
30 July 202688.9AA
26 July 202687.5AA-
21 June 202692.9AA+
18 June 202689.5AA
Get the Finland sovereign risk score in your code

Score, grade equivalent and inputs for 84 economies. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/credit/FI"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/FI",
                 headers={"X-API-Key": KEY})
score = r.json()["headline"]["score_0_100"]
Get a free API key → · API docs

What drives the score

The model's published inputs for Finland, from official national and international statistics.

InputValueVintage
GDP per capitaUS$56,9232026
Real GDP growth, 5-year average0.8%2026
Inflation, recent average2.3%2026
Government debt90.2% of GDP2026
Fiscal balance−3.8% of GDP2026
Current account balance1.0% of GDP2026
Foreign-exchange reserves1.7 months of imports2026
Net international investment position15.1% of GDP2026
Governance (World Bank WGI composite)1.782026

How Finland compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
9Norway9 Nov 202694
10Canada9 Nov 202691
11Australia9 Nov 202690
12Japan9 Nov 202689
13United Kingdom9 Nov 202688
14Finland9 Nov 202688
15United States9 Nov 202687
16New Zealand9 Nov 202685
17South Korea9 Nov 202685
18India9 Nov 202684
19Austria9 Nov 202683
20France9 Nov 202682

All 84 economies ranked →

Finland economic indicators

Finland GDP (Gross Domestic Product)Finland Gross domestic product, Current prices, million EURFinland Inflation Rate (CPI)Finland Core Inflation RateFinland Unemployment RateFinland 10-Year Government Bond YieldFinland Industrial ProductionFinland Retail SalesFinland Producer Price Inflation (PPI)Finland Current account balance (BPM6, vs rest of world), not seasonally adjustedFinland Current account balance, % of GDPFinland Trade Balance: Goods & ServicesFinland Exports of goods and services, Current prices, million EURFinland Exports of goods and services, chain-linked volumeFinland Exports of goods, total trade (World), seasonally adjustedFinland Imports of goods and services, Current prices, million EUR

FAQ

What is Finland's credit rating?
Makrognosis sovereign credit model scores Finland at 88/100 as of 9 November 2026, equivalent to AA (upper investment grade). This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.
How is the sovereign risk score calculated?
A statistical model scores each economy from published inputs — government debt and fiscal balance, current account and external debt, GDP per capita and growth, inflation, reserves and governance — on a 0–100 scale where 100 is the strongest credit. It is re-run as the inputs update.
Where can I get the data?
Through the Makrognosis API: GET /v1/credit/FI returns the score history and inputs; /v1/credit/universe lists every economy.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Last assessed 2026-11-09. Source: Makrognosis sovereign credit model.