How is your country's credit rating?
China-U.S.- Thailand
On August 1, 2023, Fitch Ratings, one of the country's three major credit rating agencies, announced that it had downgraded the US credit rating from AAA to AA+
The United States recorded a Government Debt equal to 122.30 percent of the country's Gross Domestic Product in 2023. The United States recorded a trade deficit of 70.43 USD Billion in August of 2024.
Every day Americans are paying $14,400,000 worth of interest payments.
What is China's credit rating?
On June 27, 2024, S&P Global Ratings affirmed its unsolicited 'A+' long-term and 'A-1' short-term
China recorded a Government Debt to GDP of 83.60 percent of the country's Gross Domestic Product in 2023. For the first nine months of 2024, the trade surplus was at USD 689.5 billion, with exports advancing 4.3% to USD.
Thailand is rated Baa1 at Moody's and BBB+ at S&P and Fitch — up to three levels above junk territory
Thailand recorded a Government Debt to GDP of 61.90 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Thailand averaged 46.11 percent of GDP from 1996 until 2023, reaching an all time high of 61.90 percent of GDP. Thailand recorded a trade surplus of 394.20 USD Million in September of 2024. Balance of Trade in Thailand is expected to be 400.00 USD Million by the end of this quarter,
