Rating Agencies: Poland’s debt reliability assessment remains unchanged
Despite Poland’s very high fiscal deficit, S&P, the world’s largest credit rating agency, maintained the country’s A- sovereign rating and stable outlook. While other agencies have recently warned about rising fiscal risks, S&P cited Poland’s strong economic growth and resilience to external shocks as key reasons for keeping the rating unchanged. The agency expects GDP growth of 3.3% in 2026 and believes public investment and domestic demand will continue supporting the economy.
A newly emphasized factor is Poland’s high household savings rate, which increases demand for government bonds and reduces reliance on foreign financing. Although public debt is projected to rise significantly by 2029, S&P views strong domestic savings and economic fundamentals as stabilizing forces for the country’s financial position.
(pb.pl)