S&P maintains Portugal's rating at 'A+' but improves outlook to positive

Friday, 27 February 2026RSS
S&P maintains Portugal's rating at 'A+' but improves outlook to positive

The credit rating agency S&P has maintained Portugal's rating at 'A+', while upgrading the outlook from stable to positive. This change is attributed to the resilience of the Portuguese economy and a reduction in public debt. S&P anticipates that Portugal will continue to decrease net public debt, bolstered by effective budget management and strong economic growth, with a projected growth rate of 2.2% in 2026, surpassing the eurozone average. This assessment follows a previous stable rating from DBRS and precedes an upcoming evaluation by Fitch.

Context & Explainers

S&P, short for Standard & Poor's, is a major US credit-rating agency; on 27 February it kept Portugal's sovereign rating at A+ but changed the outlook from stable to positive. An A+ is investment grade and a positive outlook means S&P sees a greater chance of an upgrade in future, which can lower government borrowing costs and influence bond yields, mortgages and investor confidence in Portugal.

AI Summary AvailableS&P keeps A+ rating, upgrades outlook to positiveRead the synthesized summary with context and explainers
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