Which Countries Have a Higher S & P Ranking than U.S.?

Standard & Poor’s downgrade of the U.S. debt rating as well as a downgraded credit rating of dozens of U.S. government-related bond issues sent the stock markets plunging.

The rating agency has been roundly criticized by the Obama administration, with the President vowing that regardless of the S & P ranking, U.S. credit would always be considered around the world to be AAA-level.

However, S & P gives the more prestigious AAA rating to nineteen other governments including:

Australia, Austria, Canada, Denmark, Finland, France, Germany, Guernsey, Hong Kong, Isle of Man, Liechtenstein, Luxembourg, the Netherlands, Norway, Singapore, Sweden, Swiss Confederation and the United Kingdom.

Posted in Economy.