Credit rating agency Standard & Poor’s (S&P) has reaffirmed Croatia’s long-term credit rating at ‘A-’ and its short-term rating at ‘A-2’, both with a positive outlook, the Croatian government announced on Saturday. The confirmation signals renewed international confidence in the stability of Croatia’s public finances and prospects for continued economic growth.
According to S&P, Croatia’s solid economic and trade performance is expected to continue despite global challenges. The positive outlook indicates a possibility of a further upgrade in the country’s rating, provided fiscal responsibility and structural reforms remain on track.
The report also highlights the importance of political stability, noting that policy continuity under the ruling HDZ’s third consecutive parliamentary mandate provides strong momentum for reforms and government priorities.
“Maintaining a credit rating at the A level is proof of international confidence and a positive signal to investors. It reflects responsible public finance management, stable economic growth, and effective use of EU funds. S&P once again underlines the importance of political stability, which has been key to many of the government’s achievements. Our policies will remain focused on raising living standards, reducing inflationary pressures, and driving Croatia’s economic development,” said Prime Minister Andrej Plenković.