International credit rating agency Moody’s has issued a Credit Opinion affirming Finland’s government rating as AAA, with a stable outlook. According to Moody’s, the rating is underpinned by Finland’s high living standards, innovation-driven economy, strong government effectiveness and a predictable economic policy framework. Moody’s rates Finland’s fiscal strength as 'very high’ because its public finances are in much better shape than those of most other advanced countries despite the lengthy economic slump.
Moody’s also states that Finland’s credit strengths include successive governments' track record of reform, consistency and proactive nature of macroeconomic policy formation, affordable government debt and a partially-funded pension system, and a modern and innovative economy, highly-educated labor force and consensus-based political framework.
Acccording to Moody’s, Finland's institutions are among the most robust in the world. Policymakers are characterized as highly proactive and attentive in responding to identified problems, and they can almost always achieve multi-party consensus even on difficult of reforms, such as the recently agreed reform of the public health system.