Makrognosis

Venezuela Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:VE

Model score29 / 1009 Nov 2026
Grade equivalentBmodel-implied
BandHighly speculative0–100 scale, 100 = strongest
Rank83rd of 84economies scored

Makrognosis sovereign credit model scores Venezuela at 29 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 Venezuela 83rd of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 164.3% of GDP, a fiscal balance of −5.1% of GDP, a current account balance of −3.4% 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.

Venezuela sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 20260102030Robomacro
Venezuela sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202629.0B
1 October 202629.0B
31 July 202629.0B
30 July 20266.7CC
26 July 20267.3CC
21 June 202615.6CCC
18 June 20262.7CC
Get the Venezuela 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/VE"

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

InputValueVintage
GDP per capitaUS$3,494.82026
Real GDP growth, 5-year average2.9%2026
Inflation, recent average180.0%2026
Government debt164.3% of GDP2026
Fiscal balance−5.1% of GDP2026
Current account balance−3.4% of GDP2026
Foreign-exchange reserves3.7 months of imports2026
Governance (World Bank WGI composite)−1.792026

How Venezuela compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
73Laos9 Nov 202647
74Uganda9 Nov 202646
75Cambodia9 Nov 202646
76Bangladesh9 Nov 202645
77Egypt9 Nov 202643
78Nigeria9 Nov 202641
79Cameroon9 Nov 202640
80Pakistan9 Nov 202639
81Lebanon9 Nov 202638
82Haiti9 Nov 202632
83Venezuela9 Nov 202629
84Sudan9 Nov 202625

All 84 economies ranked →

Venezuela economic indicators

Venezuela Inflation Rate (CPI)Venezuela BCV rediscount rate, other sectors (monthly)Venezuela Bolívar per US Dollar (VES/USD; Banco Central de SMC reference rate, daily)

FAQ

What is Venezuela's credit rating?
Makrognosis sovereign credit model scores Venezuela at 29/100 as of 9 November 2026, equivalent to B (highly speculative). 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/VE 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.