Makrognosis

Netherlands Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:NL

Model score95 / 1009 Nov 2026
Grade equivalentAA+model-implied
BandUpper investment grade0–100 scale, 100 = strongest
Rank5th of 84economies scored

Makrognosis sovereign credit model scores Netherlands at 95 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 95 on 1 October 2026.

That places Netherlands 5th of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 43.7% of GDP, a fiscal balance of −1.6% of GDP, a current account balance of 7.6% 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.

Netherlands sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 202686889092949698Robomacro
Netherlands sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202694.6AA+
1 October 202694.7AA+
31 July 202694.7AA+
30 July 202696.3AA+
26 July 202695.6AA+
21 June 202687.5AA-
18 June 202697.2AA+
Get the Netherlands 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/NL"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/NL",
                 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 Netherlands, from official national and international statistics.

InputValueVintage
GDP per capitaUS$75,1062026
Real GDP growth, 5-year average2.7%2026
Inflation, recent average2.7%2026
Government debt43.7% of GDP2026
Fiscal balance−1.6% of GDP2026
Current account balance7.6% of GDP2026
Foreign-exchange reserves0.7 months of imports2026
Net international investment position47.7% of GDP2026
Governance (World Bank WGI composite)1.532026

How Netherlands compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
6Germany9 Nov 202694
7Ireland9 Nov 202694
8Sweden9 Nov 202694
9Norway9 Nov 202694
10Canada9 Nov 202691
11Australia9 Nov 202690
12Japan9 Nov 202689

All 84 economies ranked →

Netherlands economic indicators

Netherlands GDP (Gross Domestic Product)Netherlands Gross domestic product, Current prices, million EURNetherlands Inflation Rate (CPI)Netherlands Core Inflation RateNetherlands Unemployment RateNetherlands 10-Year Government Bond YieldNetherlands Industrial ProductionNetherlands Retail SalesNetherlands Producer Price Inflation (PPI)Netherlands Current account balance, % of GDPNetherlands Trade Balance: Goods & ServicesNetherlands Exports of goods and services, Current prices, million EURNetherlands Exports of goods and services, chain-linked volumeNetherlands Exports of goods, total trade (World), seasonally adjustedNetherlands Imports of goods and services, Current prices, million EURNetherlands Imports of goods and services, chain-linked volume

FAQ

What is Netherlands's credit rating?
Makrognosis sovereign credit model scores Netherlands at 95/100 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/NL 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.