Makrognosis

Russia Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:RU

Model score100 / 1009 Nov 2026
Grade equivalentAAAmodel-implied
BandUpper investment grade0–100 scale, 100 = strongest
Rank1st of 84economies scored

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

The score is up 57.5 points from 42 on 1 October 2026.

That places Russia the highest of the 84 economies the model scores.

Key inputs include government debt of 14.4% of GDP, a fiscal balance of −1.0% of GDP, a current account balance of 1.7% 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.

Russia sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026406080100Robomacro
Russia sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 2026100.0AAA
1 October 202642.5BB-
31 July 202642.5BB-
30 July 202654.8BBB-
26 July 202663.0BBB+
21 June 202654.2BBB-
18 June 202658.3BBB
Get the Russia 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/RU"

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

InputValueVintage
GDP per capitaUS$17,5472026
Real GDP growth, 5-year average2.8%2026
Inflation, recent average6.1%2026
Government debt14.4% of GDP2026
Fiscal balance−1.0% of GDP2026
Current account balance1.7% of GDP2026
External debt16.8% of GDP2026
Foreign-exchange reserves16.8 months of imports2026
Governance (World Bank WGI composite)−0.962026

How Russia 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 →

Russia economic indicators

Russia GDP (Gross Domestic Product)Russia Unemployment RateRussia Central bank policy rate (Bank of key rate, daily)Russia RUB per USD, calendar-month average of the official Bank of daily rate (CBR R01235)Russia Russian Ruble per US Dollar (RUB/USD; Bank of daily official rate)

FAQ

What is Russia's credit rating?
Makrognosis sovereign credit model scores Russia at 100/100 as of 9 November 2026, equivalent to AAA (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/RU 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.