Japanese Credit Rating Agency (JCR) confirmed Poland's long-term credit rating in foreign currency at "A" and in domestic currency at "A+", with stable outlooks for both. The agency stated in a report that Poland's economic fundamentals and external liquidity remain strong, supporting the current rating. Poland, the largest economy in Central and Eastern Europe, has a nominal GDP of approximately $1 billion. The ratings reflect the country's developed economic base and solid external liquidity. Over recent years, Poland's economic growth has remained high among EU member states, with real GDP growth reaching 3.6% in 2025. Despite a rising budget deficit and public debt projected to exceed 70% of GDP by 2028, JCR noted that some increase in fiscal burdens could be tolerated. This is because a portion of the growing debt will be financed by long-term loans from the European Union. As a result, JCR maintained the ratings with a stable outlook. The JCR rating scale, from highest to lowest, includes: AAA (highest confidence in debt repayment ability), AA, A, BBB, BB, B, CCC, CC, C (very high risk of default), LD (partial default), and D (complete default). Ratings from AA to B can include a "+" or "-" modifier, depending on the strength of the assessment at each level.#european_union #poland #japanese_credit_rating_agency #central_and_eastern_europe #jcr_rating_scale
