Solid medium-term growth prospects and sound fiscal fundamentals anchor the ratings. Exposure to external shocks and longer-run demographic pressures are key challenges.

The periodic review has resulted in no rating action.

The periodic review has resulted in no rating action.

The country's prolonged exposure to the cost-of-living shock amid higher geopolitical risks drives the Outlook revision. Latvia's solid medium-run growth prospects and moderate public debt underpin the rating affirmation.

Monitoring review announcement

Monitoring review announcement

Solid economic growth prospects and reduced financial sector risk drive the Outlook change. Unfavourable demographics, an exposure to external shocks and banking spill-over risks remain credit challenges.

Monitoring review announcement

No action has been taken on the Republic of Latvia following a monitoring review.

Monitoring review announcement