Scope raises Spain's rating to A+ and changes outlook to stable
Scope Ratings has upgraded Spain's long-term debt rating from A to A+ and changed the outlook from positive to stable, citing solid economic growth, improved public finances, and reduced external vulnerabilities. The agency forecasts the Spanish economy to grow 2.6% this year and 2.1% in 2027, with a medium-term growth rate of around 2% from 2026-2031.
Scope expects the public deficit to remain around 2.3% from 2026-2031 and for public debt to decrease from 100.7% of GDP in 2025 to below 92% in 2031. The Ministry of Economy, Commerce and Enterprise welcomed the rating upgrade, highlighting Spain's economic strength and modernization.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
