安融（香港）評級確認美利堅合衆國“AA+”國際評級；展望:負面
安融（香港）評級確認美利堅合衆國“AA+”國際評級；展望:負面
2024年12月05日，中國香港。安融（香港）評級確認美利堅合衆國（簡稱“美國”）的長期主體評級為“AA+”，展望為“負面”。
評級結果肯定了美國是全球最大的經濟體，亦是人均GDP最高的國家之一，美元在全球外匯儲備中及全球貿易結算中佔據著重要地位；同時也關注美國政府債務總額規模龐大，負債率處於很高水準，加劇美國的財政債務風險，全球宏觀經濟形勢呈現出複雜多變的態勢，導致美國經濟增長面臨不確定性，日益加重的人口老齡化形勢將持續影響美國的經濟活力並對公共財政構成壓力。
關鍵評級觀點
優勢
美國是全球最大的經濟體，亦是人均GDP最高的國家之一；
美元在全球外匯儲備中及全球貿易結算中，佔據著重要地位。
關注
政府債務總額規模龐大，負債率處於很高水準，加劇美國的財政債務風險；
全球宏觀經濟形勢呈現出複雜多變的態勢，導致美國經濟增長面臨不確定性；
日益加重的人口老齡化形勢將持續影響美國的經濟活力並對公共財政構成壓力。
評級展望
美國的債務水準處於持續抬升趨勢中，高利率導致政府債務成本顯著上升，將拖累經濟成長。綜合考慮，安融（香港）評級授予美國的信用評級展望為負面。
注：
1、上述評級均為主動評級。
2、本文譯自英文版新聞稿。若有分歧，以英文版為准。
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胡超，執行董事
Huchao@arrating.com
專案組組員
林芮礽，分析師
評審委員會主任
胡超
Huchao@arrating.com
媒體聯繫
complaints@arrating.com
評級服務聯繫
林芮礽
相關信用評級委員會召開日期：2024年12月05日
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相關的評級方法和模型
《主权信用評級方法和模型》（2024年11月28日）
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ARHK Affirms ‘AA+’ International Rating to the United States, Outlook Negative
5 December 2024
Hong Kong, December 5, 2024. ARHK has affirmed an international scale long-term issuer credit rating of ‘AA+’ to the United States, with a negative outlook.
The rating results confirm that the United States is the largest economy in the world and also one of the countries with the highest GDP per capita. The US dollar holds a significant position in global foreign exchange reserves and global trade settlements. However, it also highlights the substantial scale of the US government's total debt, with a high level of debt ratio that exacerbates the fiscal debt risk of the US. The global macroeconomic situation is complex and volatile, causing uncertainty in the US’ economic growth. The increasingly severe aging population situation will continue to affect the economic vitality of the US and put pressure on public finances.
KEY RATING PERSPECTIVES
Strengths
The United States is the largest economy in the world and also one of the countries with the highest GDP per capita.
The US dollar holds a significant position in global foreign exchange reserves and global trade settlements.
Weaknesses
The substantial scale of the US government's total debt is concerned, with a high level of debt ratio that exacerbates the fiscal debt risk of the US.
The global macroeconomic situation is complex and volatile, causing uncertainty in the US’ economic growth.
The increasingly severe aging population situation will continue to affect the economic vitality of the US and put pressure on public finances.
RATING OUTLOOK
The debt level of the United States is in a continuous upward trend, and high interest rates have led to a significant increase in government debt costs, which will drag down its economic growth. Taking all factors into consideration, ARHK assigns a negative outlook to the credit rating of the United States.
NOTE:
1. The above ratings are all unsolicited credit ratings.
2. The Chinese version of this article is translated from the English version of the press release. In case of discrepancies, the English version shall prevail.
ANALYST CONTACTS
Analyst
Lam Yui Ying
Committee Chair
James Hu
Media Contact
Rating Services Contact
Lam Yui Ying
Date of Relevant Rating Committee: 5 December 2024
Additional information is available on www.arrating.com
Related Criteria
Sovereign Credit Rating Methods and Models (28 November 2024)
DISCLAIMER
This rating is based on information officially released to the public by the rated objects. The legality, authenticity, completeness, accuracy, and timeliness of the relevant information are the responsibility of the rated objects and its information publishers. ARHK has conducted a prudent analysis of the rating information based on the principles of relevance, timeliness, and reliability, but does not guarantee the legality, authenticity, completeness, accuracy, and timeliness of the above information. The rating results did not take into account non-public information that may have a significant impact on the credit rating and could not be obtained.
Any statements and judgments regarding the credit status of the rated objects in this report are only for reference in relevant decision-making and do not imply that ARHK substantively recommends any user to invest, borrow or lend money, and trade based on this report, nor can they be used as a basis for users to purchase, sell, or hold related financial products. Under no circumstances shall ARHK, as well as its directors, shareholders, employees, or representatives be liable for any damages, expenses, costs, or losses incurred by any investor (including institutional and individual investors) as a result of using the analysis results presented in this report, nor shall they be liable for any consequences arising from the use of this report by the rated objects or their issuers or providing this report to other parties.