The institute writes on Friday that it assesses "that expansionary fiscal policy and a recovery in private consumption" will result in 2.1 percent growth in Sweden this year, with growth expected to be higher in 2027.
S&P Global predicts that government investments in defense, security and nuclear power will push public net debt in 2029 to 32.2 percent of GDP, which is still "low in an international comparison."
Strong public finances, a solid balance of payments and effective monetary policy give Sweden the strength to deal with geopolitical uncertainty and rising energy prices resulting from the war in Iran, according to S&P Global.
"The outlook is stable," the credit rating agency writes.
