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Albania sovereign credit rating status
Overview
Standard & Poor’s (S&P) has reaffirmed Albania’s long-term credit rating at ‘BB’ with a ‘stable’ outlook. The assessment follows a similar positive assessment by Moody’s, reflecting international confidence in the nation's economic trajectory.
Key drivers for the rating include economic resilience, fiscal discipline, and a declining public debt, which is projected to drop from 52.9% of GDP in 2025 to 50.5% by 2029. Albania has maintained a primary surplus since 2023, and foreign exchange reserves reached 8.1 billion euros as of late July 2026. Economic growth for 2026 is expected to be approximately 3.4%, supported by investment, private consumption, and tourism. Furthermore, S&P noted that progress toward European Union membership has prompted reforms in anti-corruption and justice sectors.
Entities
Moody’s · S&P Global Ratings · European Union · Albania · Malaysia
Timeline
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[BUSINESS] 2 sourcesStandard & Poor’s reaffirms Albania’s ‘BB’ credit rating with stable outlook
Standard & Poor’s has reaffirmed Albania’s ‘BB’ credit rating with a stable outlook, citing economic resilience, declining public debt, and strong growth supported by tourism and EU integration progress.
Sources
abcnews.al · asiainfonews.com · freemalaysiatoday.com · rtsh.al