Credit Rating - comparisons
The credit rating of France according to the following rating methods, listed in alphabetical order:
Rating method Rating Date Poll (Countries) 2012 Public Sector Credit Framework (PSCF) n.a. Resilience (Countries) Q2 2007 - Q1 2013 Sovereign Wikirating Index (SWI) July 2013
The credit rating of France according to the most common rating agencies:
Rating agency Rating Date Standard & Poor's 2013-11-11 Moody's Investors Service 2012-11-19 Fitch Ratings 2013-07-13
Credit Rating - according to the Sovereign Wikirating Index (SWI)
Evaluation period: July 2013
|On Wikirating every approved (reasonable) rating method and its ratings are published. The user can decide which rating he wants to trust. Nevertheless, a non-binding opinion for an overall rating is provided, which is evaluated through the Sovereign Wikirating Index (SWI). This open-source and free rating method uses five economical criteria (public debt, account balance, GDP growth rate, inflation rate and unemployment rate).
Rating value: 35.4
Credit Rating - according to further methods
If applicable the credit rating of France is also evaluated according to the following rating methods, listed in alphabetical order. Every here accepted and published rating method is equally treated and if possible regularly updated.
Rating Method Poll (Countries)
Evaluation period: 2012
This credit rating value is intended to represent a mid time period (within 3 years from today). Your poll should consider your opinion about the country's credit rating. You can leave your comment, information and sources for your vote here - For support, see Help:How to vote.
Rating value: 59.3%
- Data and Lists
- Download: Poll results spreadsheet (all countries)
- See also: List of countries by credit rating (poll)
Rating Method Public Sector Credit Framework (PSCF)
Evaluation period: n.a.
|The rating method Public Sector Credit Framework (PSCF) calculates government bond default probabilities by performing a multi-year fiscal simulation on the target government. The user of PSCF has to set up a model that forecasts macroeconomic variables, revenue, expenditure and debt levels. Models include random variables so that each simulation trial produces different outcomes. In addition, the user sets a default threshold stated in terms of a metric output by the model, such as Debt/GDP and interest/revenue. The default probability is the percentage of trials that surpass the threshold in any given year. PSCF also includes a default probability to ratings map so that the system can also generate a set of ratings from the simulation results.
Rating value: n.a.
Rating Method Resilience (Countries)
Evaluation period: Q2 2007 - Q1 2013
|The rating method Resilience is a dynamic rating system which is based on the evaluation of the capacity of systems to withstand shocks and extreme events. It does not calculate default probabilities, but complexity based indices. In this sense it is not a classical "credit rating".On Wikirating, the complexity values are mapped to the credit rating scale to have a better impression.
Rating value: 0.70
- See France/Archives
Notes and References
- GDP = Gross Domestic Product, PPP = Purchasing Power Parity
- See Data_(countries)#Basic_facts, 2013
- Recognized by SEC, ESMA and FINMA
- Wikipedia - List of countries by credit rating (2013-07-10)
- Developed by Marc Joffe, see Data_(countries)
- Developed by Ontonix S.r.l., see Data_(countries)
- See Ontonix Blog "Is Sovereign Bond Pricing Correct? Not Really", 02.07.2013
- Please note, that complexity values do not represent default probabilities; a "credit rating" according to the resilience method represent the actual ability to withstand extreme events.