# Albania sovereign credit rating status

> Live situation record from CLSTR: https://clstr.news/situations/albania-sovereign-credit-rating-status
> Updated: 2026-09-28T19:49:06.000Z. Sources: 4. Developments: 2.

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.

## Timeline

### 2026-09-28: S&P affirms Malaysia’s credit ratings with stable outlook

S&P Global Ratings affirmed Malaysia’s sovereign credit ratings with a stable outlook, citing strong AI-driven growth and fiscal consolidation, while warning that political instability remains a risk.

2 sources. https://clstr.news/cluster/sp-affirms-malaysias-credit-ratings-with-stable-outlook

### 2026-09-22: Standard & 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.

2 sources. https://clstr.news/cluster/standard-poors-reaffirms-albanias-bb-credit-rating-with-stable-outlook

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Cite as: Albania sovereign credit rating status. CLSTR, https://clstr.news/situations/albania-sovereign-credit-rating-status