Standard & Poor’s credit rating for Belgium stands at AA with stable outlook. Moody’s credit rating for Belgium was last set at Aa3 with stable outlook. Fitch’s credit rating for Belgium was last reported at AA- with stable outlook. DBRS’s credit rating for Belgium is AA (high) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Belgium thus having a big impact on the country’s borrowing costs. This page includes the government debt credit rating for Belgium as reported by major credit rating agencies.