“Fitch” affirms its credit rating of Saudi Arabia at ‘A+’; with Stable Outlook

وكالة "فيتش" تُثبِّت تصنيفها الائتماني للمملكة العربية السعودية عند 'A+'، مع نظرة مستقبلية مستقرة

Fitch Ratings affirmed Saudi Arabia's credit rating at 'A+' with a Stable Outlook, citing the Kingdom's strong fiscal balance sheets and significant fiscal buffers, with government debt and sovereign net foreign assets considerably stronger than the median for both the 'A' and 'AA' rating categories. Fitch noted that, despite the geopolitical situation, the economy, particularly non-oil activities, and public finances have been resilient, and it expects real GDP growth to slow to 0.6% in 2026, rebound in 2027 as flow through the Strait of Hormuz normalizes and allows higher oil and petrochemicals production, before easing to 2.9% in 2028.

Original PDF ↗

See all from MOF →