{"id":"saudi-sp-affirms-a-plus-rating-2026","canonicalSlug":"saudi-sp-affirms-a-plus-rating-2026","url":"https://wellficent.com/en/news/saudi-sp-affirms-a-plus-rating-2026","language":"en","title":"S&P affirms Saudi Arabia at A+ with stable outlook","summary":"The finance ministry’s account of the rating decision includes the agency’s economic projections and risk assessment.","body":["Saudi Arabia’s Ministry of Finance said on September 12 that S&P Global Ratings had affirmed the Kingdom at A+ with a stable outlook. The ministry’s account says S&P cited diversified energy-export infrastructure, the ability to redirect crude through the East-West pipeline to the Red Sea, and domestic and overseas oil storage and refining capacity as buffers against pressures from the regional conflict.","S&P projected real GDP would contract 0.9% in 2026, then grow 8.2% in 2027 as oil production rises, before averaging 3.3% growth in 2028–2029. The ministry said the non-oil sector, including government activity, represents about 70% of GDP, up from 65% in 2018. These are the agency’s forecasts and assessment, not realized outcomes."],"keyPoints":[],"sections":[],"text":"S&P affirms Saudi Arabia at A+ with stable outlook\n\nThe finance ministry’s account of the rating decision includes the agency’s economic projections and risk assessment.\n\nSaudi Arabia’s Ministry of Finance said on September 12 that S&P Global Ratings had affirmed the Kingdom at A+ with a stable outlook. The ministry’s account says S&P cited diversified energy-export infrastructure, the ability to redirect crude through the East-West pipeline to the Red Sea, and domestic and overseas oil storage and refining capacity as buffers against pressures from the regional conflict.\n\nS&P projected real GDP would contract 0.9% in 2026, then grow 8.2% in 2027 as oil production rises, before averaging 3.3% growth in 2028–2029. The ministry said the non-oil sector, including government activity, represents about 70% of GDP, up from 65% in 2018. These are the agency’s forecasts and assessment, not realized outcomes.","category":"finance","region":"world","topics":[],"eventDate":"2026-09-12","eventDateBasis":"source-event-or-period","publishedAt":"2026-10-05T18:31:00Z","modifiedAt":"2026-10-05T18:31:00Z","publicationBasis":"first-publication","preparedAt":null,"sourcePublishedAt":"2026-09-12","translatedAt":null,"sources":[{"name":"Saudi Ministry of Finance","url":"https://mof.gov.sa/en/MediaCenter/news/Pages/News_12092026.aspx","checkedAt":"2026-10-05","publishedAt":"2026-09-12"}],"translations":{"en":"https://wellficent.com/en/news/saudi-sp-affirms-a-plus-rating-2026","tr":"https://wellficent.com/tr/news/saudi-sp-affirms-a-plus-rating-2026","ar":"https://wellficent.com/ar/news/saudi-sp-affirms-a-plus-rating-2026","fr":"https://wellficent.com/fr/news/saudi-sp-affirms-a-plus-rating-2026","es":"https://wellficent.com/es/news/saudi-sp-affirms-a-plus-rating-2026"},"corrections":[],"locations":[]}