Ireland Credit Rating & Sovereign Risk Score
Model scoreCode CREDIT:IE
Makrognosis sovereign credit model scores Ireland at 94 out of 100 as of 9 November 2026, equivalent to AA+ on the familiar letter scale — upper investment grade.
The score is down 0.1 points from 94 on 1 October 2026.
That places Ireland 7th of the 84 economies the model scores; Russia has the highest score at 100.
Key inputs include government debt of 35.3% of GDP, a fiscal balance of 1.8% of GDP, a current account balance of 8.0% 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.
Score history
| Assessment date | Score | Grade equivalent |
|---|---|---|
| 9 November 2026 | 94.3 | AA+ |
| 1 October 2026 | 94.4 | AA+ |
| 31 July 2026 | 94.4 | AA+ |
| 30 July 2026 | 96.0 | AA+ |
| 26 July 2026 | 95.6 | AA+ |
| 21 June 2026 | 86.1 | AA- |
| 18 June 2026 | 93.4 | AA+ |
Score, grade equivalent and inputs for 84 economies. Free tier available.
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
"https://makrognosis.robomacro.com/v1/credit/IE"
# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/IE",
headers={"X-API-Key": KEY})
score = r.json()["headline"]["score_0_100"]
Get a free API key → · API docsWhat drives the score
The model's published inputs for Ireland, from official national and international statistics.
| Input | Value | Vintage |
|---|---|---|
| GDP per capita | US$119,877 | 2026 |
| Real GDP growth, 5-year average | 6.6% | 2026 |
| Inflation, recent average | 3.2% | 2026 |
| Government debt | 35.3% of GDP | 2026 |
| Fiscal balance | 1.8% of GDP | 2026 |
| Current account balance | 8.0% of GDP | 2026 |
| Foreign-exchange reserves | 0.1 months of imports | 2026 |
| Net international investment position | −54.4% of GDP | 2026 |
| Governance (World Bank WGI composite) | 1.49 | 2026 |
How Ireland compares
| # | Economy | As of | Score |
|---|---|---|---|
| 1 | Russia | 9 Nov 2026 | 100 |
| 2 | Turkey | 9 Nov 2026 | 100 |
| 3 | Denmark | 9 Nov 2026 | 98 |
| 4 | Switzerland | 9 Nov 2026 | 96 |
| 5 | Netherlands | 9 Nov 2026 | 95 |
| 6 | Germany | 9 Nov 2026 | 94 |
| 7 | Ireland | 9 Nov 2026 | 94 |
| 8 | Sweden | 9 Nov 2026 | 94 |
| 9 | Norway | 9 Nov 2026 | 94 |
| 10 | Canada | 9 Nov 2026 | 91 |
| 11 | Australia | 9 Nov 2026 | 90 |
| 12 | Japan | 9 Nov 2026 | 89 |
| 13 | United Kingdom | 9 Nov 2026 | 88 |
Ireland economic indicators
FAQ
- What is Ireland's credit rating?
- Makrognosis sovereign credit model scores Ireland at 94/100 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/IE 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.