RU

The Republic of Kazakhstan

Main / Issuers / Sovereigns
Full name

The Republic of Kazakhstan

Name in Russian

Республика Казахстан

Country

Kazakhstan

Sector

Sovereigns

Current rating

Scale
Rating
Press release
International rating scale in foreign currency
BBB+
outlook Stable
30 Oct 2025
International rating scale in national currency
BBB+
outlook Stable
30 Oct 2025
International scale of short-term credit ratings in local currency
S2
30 Oct 2025
International scale of short-term credit ratings in foreign currency
S2
30 Oct 2025

Complete rating reports

Name
Date
Full rating report of Kazakhstan
19 Nov 2021
Full Rating Report on The Republic of Kazakhstan
10 Nov 2020
Full Rating Report on The Republic of Kazakhstan
27 Dec 2019

Ratings history

Scale
Rating
Press release
International rating scale in foreign currency
BBB+
outlook Stable
23 May 2025
International rating scale in national currency
BBB+
outlook Stable
23 May 2025
International scale of short-term credit ratings in local currency
S2
23 May 2025
International scale of short-term credit ratings in foreign currency
S2
23 May 2025
International rating scale in foreign currency
BBB+
outlook Stable
26 Nov 2024
International rating scale in national currency
BBB+
outlook Stable
26 Nov 2024
International scale of short-term credit ratings in local currency
S2
26 Nov 2024
International scale of short-term credit ratings in foreign currency
S2
26 Nov 2024
International rating scale in foreign currency
BBB+
outlook Stable
31 May 2024
International rating scale in national currency
BBB+
outlook Stable
31 May 2024
International scale of short-term credit ratings in local currency
S2
31 May 2024
International scale of short-term credit ratings in foreign currency
S2
31 May 2024
International rating scale in foreign currency
BBB+
outlook Stable
11 Dec 2023
International rating scale in national currency
BBB+
outlook Stable
11 Dec 2023
International scale of short-term credit ratings in local currency
S2
11 Dec 2023
International scale of short-term credit ratings in foreign currency
S2
11 Dec 2023
International scale of short-term credit ratings in foreign currency
S2
13 Jun 2023
International scale of short-term credit ratings in local currency
S2
13 Jun 2023
International rating scale in foreign currency
BBB+
outlook Stable
13 Jun 2023
International rating scale in national currency
BBB+
outlook Stable
13 Jun 2023
International rating scale in national currency
BBB+
outlook Stable
23 Dec 2022
International rating scale in foreign currency
BBB+
outlook Stable
23 Dec 2022
International scale of short-term credit ratings in local currency
S2
23 Dec 2022
International scale of short-term credit ratings in foreign currency
S2
23 Dec 2022
International scale of short-term credit ratings in local currency
S2
12 Jul 2022
International scale of short-term credit ratings in foreign currency
S2
12 Jul 2022
International rating scale in foreign currency
BBB+
outlook Stable
12 Jul 2022
International rating scale in national currency
BBB+
outlook Stable
12 Jul 2022
International rating scale in foreign currency
BBB+
outlook Stable
21 Jan 2022
International rating scale in national currency
BBB+
outlook Stable
21 Jan 2022
International scale of short-term credit ratings in foreign currency
S2
21 Jan 2022
International scale of short-term credit ratings in local currency
S2
21 Jan 2022
International rating scale in national currency
BBB+
outlook Stable
3 Aug 2021
International rating scale in foreign currency
BBB+
outlook Stable
3 Aug 2021
International scale of short-term credit ratings in local currency
S2
3 Aug 2021
International scale of short-term credit ratings in foreign currency
S2
3 Aug 2021
International rating scale in foreign currency
BBB+
outlook Stable
12 Feb 2021
International rating scale in national currency
BBB+
outlook Stable
12 Feb 2021
International scale of short-term credit ratings in foreign currency
S2
12 Feb 2021
International scale of short-term credit ratings in local currency
S2
12 Feb 2021
International rating scale in foreign currency
BBB+
outlook Negative
26 Aug 2020
International rating scale in national currency
BBB+
outlook Negative
26 Aug 2020
International scale of short-term credit ratings in foreign currency
S2
26 Aug 2020
International scale of short-term credit ratings in local currency
S2
26 Aug 2020
International rating scale in national currency
BBB+
outlook Negative
18 Mar 2020
International rating scale in foreign currency
BBB+
outlook Negative
18 Mar 2020
International scale of short-term credit ratings in local currency
S2
18 Mar 2020
International scale of short-term credit ratings in foreign currency
S2
18 Mar 2020
International rating scale in national currency
BBB+
outlook Stable
24 Sep 2019
International rating scale in foreign currency
BBB+
outlook Stable
24 Sep 2019
International scale of short-term credit ratings in foreign currency
S2
24 Sep 2019
International scale of short-term credit ratings in local currency
S2
24 Sep 2019

Analysts

Dmitry Kulikov
Senior Director, Sovereign and Regional Ratings Group
+7 (495) 139 04 80, ext. 122
Elena Anisimova
Managing Director, Head of Sovereign and Regional Ratings Group
+7 (495) 139 04 86
Calendar of planned sovereign credit rating revisions and publications

Methodologies

Research

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