On April 24, 2026, Fitch Ratings upgraded Lithuania’s long-term foreign-currency credit rating to A+ from A, with a stable outlook, citing strong and resilient economic growth. The Lithuanian economy grew by 2.9% in 2025, supported by investment, steady household consumption, and rising exports. Growth is forecast to reach 3.1% in 2026, underpinned by a robust labor market, increased defense spending, and EU-funded investment, before moderating to 2.5% in 2027.
Fitch noted that Lithuania’s rating remains constrained by the relatively small size of its economy and elevated geopolitical risks stemming from its proximity to Russia and Belarus. These risks are partially mitigated by NATO security guarantees, including Germany’s planned troop deployment and the presence of U.S. forces in the country.
Among other major agencies, Standard & Poor’s currently rates Lithuania at A with a stable outlook. Moody’s assigns an A2 rating with a stable outlook, while DBRS rates Lithuania at A (high), also with a stable outlook.
