On Monday, April 27, 2026, Japanese credit rating agency R&I has affirmed Latvia's credit rating at A level with stable outlook. Agency notes that Latvia`s credit rating level and stable outlook is based on conviction that while the size of the economy is relatively small, Latvia has well-diversified industrial sectors, with gross domestic product (GDP) per capita approaching US$30,000 and demonstrated reasonable resilience to geopolitical risks. R&I believes that Latvia will be able to…
On Monday, April 27, 2026, Japanese credit rating agency R&I has affirmed Latvia's credit rating at A level with stable outlook. Agency notes that Latvia`s credit rating level and stable outlook is based on conviction that while the size of the economy is relatively small, Latvia has well-diversified industrial sectors, with gross domestic product (GDP) per capita approaching US$30,000 and demonstrated reasonable resilience to geopolitical risks. R&I believes that Latvia will be able to maintain stable growth in the medium term, supported by investments utilizing funds from the European Union (EU) in addition to high economic flexibility. R&I points out that general government debt ratio is kept in check, reflecting the Latvian…
