On Friday, April 24, 2026, Fitch Ratings (Fitch) affirmed Latvia's credit rating at A- with stable outlook. According to Fitch`s view Latvia's rating level reflects a credible policy framework, supported by EU and eurozone membership, and lower, albeit rising, government debt and debt servicing costs than rating peers. These strengths are balanced by Latvia's heightened exposure to geopolitical risks, small economy, lower GDP per capita, and a higher current account deficit relative to 'A'…
On Friday, April 24, 2026, Fitch Ratings (Fitch) affirmed Latvia's credit rating at A- with stable outlook. According to Fitch`s view Latvia's rating level reflects a credible policy framework, supported by EU and eurozone membership, and lower, albeit rising, government debt and debt servicing costs than rating peers. These strengths are balanced by Latvia's heightened exposure to geopolitical risks, small economy, lower GDP per capita, and a higher current account deficit relative to 'A' peers. The stable outlook reflects Fitch's expectation that Latvia`s stronger nominal GDP growth and expected fiscal adjustment will stabilize the public debt/GDP below the peer median over the medium-term, despite a commitment to maintain high defence…
