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How do Guatemala's sovereign ratings compare with Costa Rica, El Salvador, Honduras, Nicaragua, the Dominican Republic and Mexico?

According to the cited documentsTo be confirmedRegional benchmark

Snapshot as of August 2026 (Moody's / S&P / Fitch): Guatemala Ba1 stable (affirmed 30 April 2026) / BB+ stable / BB+ stable (upgraded from BB on 14 October 2025); Costa Rica Ba2 stable (upgraded from Ba3 on 24 September 2025) / BB (upgraded from BB-) / BB positive (December 2025); El Salvador B3 positive (February 2026) / B- stable (one source headlines an upgrade to B, to verify) / B- stable; Honduras B1 stable (Jul 18, 2025) / BB- (2036 bond) / not rated by Fitch; Nicaragua B2 stable (23 February 2026, verified in the BCN PDF) / B+ / B stable (May 7, 2026); Dominican Republic Ba2 (upgraded August 2025) / BB stable / BB- stable (outlook lowered April 2026); Mexico Baa3 stable (downgraded from Baa2 on May 20, 2026) / BBB negative (May 12, 2026) / BBB- stable (10 April 2026).

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  • Costa Rica

    Ba2 stable / BB / BB positive

    Aug 2026Hacienda CR
  • Mexico

    Baa3 stable / BBB negative / BBB- stable

    Aug 2026El Financiero
  • Nicaragua

    B2 stable / B+ / B stable

    Aug 2026BCN

Sources

  • S&P Global Ratings

    Guatemala

    disclosure.spglobal.comAccessed Aug 19, 2026Go to the source
  • La Nación AR/Reuters

    Moody's eleva a Costa Rica a Ba2

    lanacion.com.arAccessed Aug 22, 2026Go to the source
  • BCN

    BCN Nicaragua, comunicado Moody's 23-feb-2026

    • Nicaragua
    bcn.gob.niAccessed Aug 19, 2026Go to the source
  • El Financiero MX

    21-may-2026, Moody's baja nota crediticia a México

    elfinanciero.com.mxAccessed Aug 22, 2026Go to the source
  • Investing.com

    Moody's afirma B1 a Honduras

    investing.comAccessed Aug 19, 2026Go to the source
  • Latinvex

    Dominican Republic structural outlier

    latinvex.comAccessed Aug 19, 2026Go to the source
  • MEF

    MEF Paraguay, Regional Outlook of Sovereign Ratings, dic-2025

    mef.gov.pyAccessed Aug 19, 2026Go to the source