5 Countries With Best Moody’s Credit Rating For Sovereign Bonds

2. Canada

Moody’s Credit Rating: AAA

Moody’s Credit Rating Outlook (May 2024): Stable

GDP (2024): $2.47 Trillion

Canada is one of the largest economies in the world with a GDP (PPP) of almost $2.50 trillion. Canada has a gross debt to GDP of nearly 105%, as of 2024. The North American country is expected to grow at 1.2% in 2024 and ranks second among the countries with best Moody’s credit rating for sovereign bonds.