Moody’s and Standard & Poor’s provide credit ratings.  Transparency International’s Corruption Perception Index Score relates to perceptions of the degree of corruption as seen by business people and country analysts.

Moody's Investor Service

Moody’s ratings are shown below, from least credit risk, Aaa, to greatest credit risk, *C*. There are also numerical modifers 1,2, and 3.

Aaa   Aa  A   Baa   Ba  B   Caa  Ca   C

Moody's Investors Service stated in its new Banking System Outlook for Qatar 2007, that the stable outlook for Qatar's rated banks reflects strong macro-economic conditions, solid financial metrics and improving bank franchises.

In 2007, Moody's upgraded Qatar's long-term foreign and domestic currency government bond ratings and the country ceiling for long-term foreign currency bank deposits to Aa2 from Aa3, reflecting significant ongoing strengthening of public and external finances.

Standard and Poor's Rating Services

In 2007, S&P raised the long term foreign and local currency sovereign credit ratings of the State of Qatar to AA- from A+ based on ongoing reforms and strong financial performance.  Standard & Poor's also raised the short-term foreign and local currency sovereign credit ratings on Qatar to A-1+.

Transparency International “Corruption Perception Index” Ranking Moody's Investor Service

Qatar ranks 28 out of 180 countries in terms of corruption perceptions.  The survey conducted by Transparency International relates to perceptions of the degree of corruption as seen by business people and country analysts and ranges between 10 (highly clean) and 0 (highly corrupt).