# Lebanon Credit Rating & Sovereign Risk Score

Makrognosis sovereign credit model scores Lebanon at 38 out of 100 as of 9 November 2026, equivalent to B+ on the familiar letter scale — highly speculative.
The score is unchanged from the previous assessment on 1 October 2026.
That places Lebanon 81st of the 84 economies the model scores; Russia has the highest score at 100.
Key inputs include government debt of 152.0% of GDP, a fiscal balance of 0.4% of GDP, a current account balance of −28.1% 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.

- Source: Makrognosis sovereign credit model
- Makrognosis code: `CREDIT:LB`
- Scale: 0–100 (100 = strongest credit); grade equivalent is model-implied
- Page: https://makrognosis.robomacro.com/data/lebanon/credit-rating

## Score history

| Date | Score | Grade equivalent |
|---|---:|---|
| 2026-11-09 | 37.5 | B+ |
| 2026-10-01 | 37.5 | B+ |
| 2026-07-31 | 37.5 | B+ |
| 2026-07-30 | 3.6 | CC |
| 2026-07-26 | 1.8 | D |
| 2026-06-21 | 0.0 | D |
| 2026-06-18 | 1.1 | D |

## Inputs

| Input | Value |
|---|---:|
| GDP per capita | US$4,473.3 |
| Real GDP growth, 5-year average | −6.0% |
| Inflation, recent average | 15.6% |
| Government debt | 152.0% of GDP |
| Fiscal balance | 0.4% of GDP |
| Current account balance | −28.1% of GDP |
| External debt | 331.6% of GDP |
| Foreign-exchange reserves | 13.6 months of imports |
| Governance (World Bank WGI composite) | −1.11 |

## API

```
GET https://makrognosis.robomacro.com/v1/credit/LB
```