Transparency Portal
Pennsylvania
2019 Moody's Credit Rating
Aa3

50-State Median
2019 S&P Credit Rating
A+

What is General Obligation Credit Rating?

Credit ratings matter for states in the same way that credit scores matter for families -- the better the rating or score, the lower the cost to borrow and the less that will be spent on interest. For state government, less spent on interest means more available for other priorities such as infrastructure and education.


Source: Standard and Poor's (2010-2020); Moody's Investors Service (2010-2020)