The international magazine Institutional Investor’s, authoritative in the financial world, published a credit rating of the world's countries at the end of September. Over half a year, from March 2004, Ukraine rose six positions in this rating: from 86th to 80th place. In total, the rating includes 173 countries. This was reported to ForUm by the Cabinet of Ministers press service.\n\n\nThe growth of Ukraine's credit rating value itself is one of the highest among all countries - moreover, against the backdrop of a certain decline in the ratings of the world's leading economies.\n\n\nAccording to Institutional Investor’s, our state's sovereign rating grew by 4.5 points over the year and amounted to 37 points (the largest positive change was in Malta - 11.1 and Israel - 7.8).\n\n\nThe country rating developed by Institutional Investor’s is based on information from chief economists of leading international banks, analysts of credit agencies, and financial and stock companies. The rating value is set from 0 to 100 points. The highest rating in September 2004 was Switzerland's - 95.2 points.\n\n\nUkraine's sovereign rating, provided by leading rating agencies. Over two years it improved four times, and today stands at: Fitch - B+ stable; Moody’s - B1 positive; S&P - B+ positive.\n\n