Introduced in the Toolbox Theory Update as part of the economic reform changes, Credit Rating shows the reliability of a nation to repay its debtors (coporate, national or private investors).
A country's credit rating dictates how much debt they can accumulate and how much interest their debt will accrue.
Bracket
Rating
American
Grades
German
Grades
Japanese
Grades
Effects
Green
Bracket
Prime
Debt Ceiling: Unlimited
Interest Rates: +1.5%
Effect of Debt on Interest Rates: -90%
Stablity: 5%
Effect of Debt on GDP Growth: +25%
Exceptional
Debt Ceiling: +250%
Interest Rates: +1.7%
Effect of Debt on Interest Rates: -80%
Stablity: 5%
Effect of Debt on GDP Growth: +15%.
Good
Debt Ceiling: +200%
Interest Rates: +2.2%
Effect of Debt on Interest Rates: -60%
Stablity: 5%
Effect of Debt on GDP Growth: +10%
Yellow
Bracket
Intermediate
Debt Ceiling: +175%
Interest Rates: +3%
Effect of Debt on Interest Rates: -40%
Stablity: 5%
Effect of Debt on GDP Growth: +5%
Acceptable
Debt Ceiling: +150%
Interest Rates: +4.27%
Effect of Debt on Interest Rates: -20%
Stablity: 5%
Effect of Debt on GDP Growth: 0%
Fair
Debt Ceiling: +140%
Interest Rates: +5.8%
Effect of Debt on Interest Rates: 0%
Stablity: 0%
Effect of Debt on GDP Growth: -10%
Orange
Bracket
Mediocre
Debt Ceiling: +130%
Interest Rates: +7.6%
Effect of Debt on Interest Rates: 20%
Stablity: -5%
Effect of Debt on GDP Growth: -20%
Poor
Debt Ceiling: +120%
Interest Rates: +9.8%
Effect of Debt on Interest Rates: 35%
Stablity: -7.5%
Effect of Debt on GDP Growth: -30%
Terrible
Debt Ceiling: +110%
Interest Rates: +12.4%
Effect of Debt on Interest Rates: 50%
Stablity: -10%
Effect of Debt on GDP Growth: -40%
Red
Bracket
Junk
Debt Ceiling: +100%
Interest Rates: +20%
Effect of Debt on Interest Rates: 100%
Stablity: -20%
Effect of Debt on GDP Growth: -50%
Economy