Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

  • Choose the service you want to log in to:


    Update your notification preferences


    Access government services


    Clear goods through customs or claim relief

  • Talentlink

    View or update your States of Jersey job application

Jersey’s credit rating reaffirmed

23 November 2015

​Standard & Poors (S&P) has affirmed its “AA+ credit rating, with a stable outlook” for the States of Jersey.  This is one of the best that the credit ratings service awards.

In its report, S&P noted “The AA+ ratings on Jersey reflect our view of its mature political and institutional setting, flexible policy environment, wealthy economy and a healthy financial position underpinned by low debt and a high net general government asset position.”

The report also states that Jersey “has an open and wealthy economy” and recognised that “Jersey’s economy had grown in real terms in 2014, mainly underpinned by strong profits in the financial services sector".

Treasury and Resources Minister, Senator Alan MacLean, said “It is extremely positive news for Jersey that an international credit rating institution such as S&P continues to recognise our strong Balance Sheet. We have had a full and frank discussion about our fiscal position with them and our future plans have provided the comfort they need to maintain their high rating level.  The outlook view remains stable reflecting their expectation that Jersey’s economy will continue to grow.”

The AA+ credit rating was first assigned in November 2013 in order that the States was able to proceed with the £250 million bond earmarked to provide investment in affordable housing over the next 10 years.

Back to top
rating button