Fitch Upgrades Iceland to ‘A+’; Outlook Stable; Withdraws Ratings

Published on: Friday 06 February 2026

Fitch Ratings has upgraded Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘A+’ from ‘A’. The Outlook is Stable. Fitch Ratings has subsequently withdrawn all ratings. The upgrade reflects Iceland’s strengthened public finances and projected path of declining general government debt, underpinned by a strong political commitment to fiscal prudence and a return towards balanced budgets. Improving fiscal metrics and fiscal space were the key rating drivers. Prudent fiscal policy

News source: https://finance.yahoo.com/news/fitch-upgrades-iceland-outlook-stable-222200502.html

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Fitch Upgrades Iceland to ‘A+’; Outlook Stable; Withdraws Ratings