S&P Global Ratings, Moody's Investor Service, and Fitch Ratings bless Indiana with an AAA rating:
The AAA credit rating is the highest rating possible and receiving it from all three major credit agencies demonstrates the State’s leadership in disciplined fiscal management, economic resilience, and long-term financial stability.
“Indiana’s AAA rating is more than a financial milestone,” said Governor Mike Braun. “It’s a signal to taxpayers, investors, and businesses that our state is well-managed, fiscally responsible, and focused on delivering growth for Hoosiers throughout the State.”
Only 14 states in the country have this top rating from all three agencies, with Indiana holding a AAA rating from all three rating agencies since 2010.
Indiana has active budget management, low debt, strong and transparent fiscal policies, and budgetary reserves that provide the foundation for an economy that has benefited from recent economic-development investments, said S&P Global, Moody’s, and Fitch respectively.