# Italy sovereign credit rating assessment

> Live situation record from CLSTR: https://clstr.news/situations/italy-sovereign-credit-rating-assessment
> Updated: 2026-09-22T14:56:59.000Z. Sources: 5. Developments: 2.

Fitch affirmed Italy’s sovereign credit rating at ‘BBB+’ with a stable outlook. The agency attributed this to political stability, fiscal prudence, and a diversified economy. 

While noting institutional strength, Fitch identified the very high level of public debt and limited medium-term growth prospects as significant constraints. For 2026, a deficit of 2.9% of GDP is projected, supported by public investments such as the National Recovery and Resilience Plan (PNRR). However, a slowdown is anticipated from 2027 as inflation affects consumption and support from the NextGenerationEU program tapers off.

## Timeline

### 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

### 2026-09-12: Fitch affirms Italy’s sovereign credit rating at BBB+ with stable outlook

Fitch has affirmed Italy’s sovereign credit rating at ‘BBB+’ with a stable outlook, citing political stability and fiscal prudence despite high public debt and limited medium-term growth prospects.

3 sources. https://clstr.news/cluster/fitch-affirms-italys-sovereign-credit-rating-at-bbb-with-stable-outlook

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Cite as: Italy sovereign credit rating assessment. CLSTR, https://clstr.news/situations/italy-sovereign-credit-rating-assessment