The credit rating of the Czech Republic is an assessment of the state's creditworthiness awarded by international rating agencies. On 25 September 2026 the agency S&P improved the outlook of the Czech long-term rating from stable to positive.[1][2]*
S&P assessment
S&P at the same time confirmed the Czech long-term rating at AA- in foreign currency and AA in domestic currency.[1][2] As reasons for the improved outlook the agency named the resilience of the Czech economy to external shocks, the solid state of public finances and the external financial balance, and the effective monetary policy of the Czech National Bank.[1][2]
Expectations of the agency
S&P expects the Czech economy to grow by an average of 2.3 per cent in 2026 to 2029; in the second quarter of 2026 it grew by 1.9 per cent year on year.[1] The agency stated that, if growth continues, it could raise the rating within one to two years, and pointed to risks linked to higher energy prices, developments in the Middle East and the government's looser fiscal policy.[1] According to the agency, the public finance deficit is to average around three per cent of GDP in 2026 to 2029.[1]
Sources
- Seznam Zprávy — 25 September 2026
- Echo24 — 25 September 2026
- E15 — 25 September 2026