(Corrects last time Fitch had 10 'triple A' sovereigns to 1998 from 2003) By Marc Jones LONDON, June 25 (Reuters) - Canada became the latest country to be stripped of a prized 'triple A' sovereign credit rating after Fitch downgraded it on Wednesday. Below is a list of all the countries that still carry at least one triple A grade as well as graphics showing the steady decline of the top rating bracket over the last 15 years. S&P Rating Fitch Rating Moody' Rating Outlook Outlook s Outlook Austra Negative Austra Negative Austra Stable lia lia lia Canada Stable Denmar Stable Canada Stable k Denmar Stable German Stable Denmar Stable k y k German Stable Luxemb Stable German Stable y ourg y Liecht Stable Nether Stable Luxemb Stable enstei lands ourg n Luxemb Stable Norway Stable Nether Stable ourg lands Nether Stable Singap Stable New Stable lands ore Zealan d Norway Stable Sweden Stable Norway Stable Singap Stable Switze Stable Singap Stable ore rland ore Sweden Stable United Stable Sweden Stable States Switze Stable Switze Stable rland rland United Stable States After Wednesday's downgrade of Canada, Fitch now has the fewest ‘AAAs’ since 1998. It now rates 10 sovereigns ‘AAA’, which, at less than 10% of rated sovereigns, is the smallest ever share of the sovereign portfolio. From August 2004 until April 2009, there were between 16-19 'AAA' sovereigns, the highest number ever, and the period of greatest 'AAA' stability. Historically, 18 sovereigns have had top grades with Fitch, while there were 19 on S&P Global's list going into the 2008 financial crisis. Japan was the first sovereign to lose its 'AAA' rating, in 1998 from Fitch and 2001 from S&P. Since then, Austria, Finland, France, Ireland, Spain, Britain, in the case of S&P the United States, and now Canada for Fitch have all followed suit. There have been few recent upgrades into the coveted bracket. The Netherlands got its 'AAA' back from S&P in late 2015, Australia also won its 'AAA' from Fitch in November 2011 though it had earned it back as early as 2003 from S&P. Canada, Netherlands, Sweden, Finland, Denmark, Australia have all regained S&P ‘AAA’ ratings after losing them at various points, though no country has even regained one stripped by Fitch. With the fall in the number of ‘AAA’ sovereigns, their collective shares of global government debt and GDP have declined as well. Fitch estimated that, at end-2006, prior to the onset of the global financial crisis, ‘AAA’ sovereigns accounted for nearly half of total government debt. Analysts at ING estimate that it is now below 25% while S&P, which no longer grades the U.S. - the world's biggest government borrower - as triple A, calculated it to be around 7% last year. (Additional reporting by Dhara Ranasinghe; Editing by Hugh Lawson)
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