# Fitch affirms Ras Al Khaimah at A+ and lifts 2026 growth forecast

> Fitch raised its 2026 growth forecast to 1.5% from a previous forecast of 1.8% contraction; the figure is a forecast, not actual GDP.

- **Source date:** 2026-10-04
- **Original source:** [Emirates News Agency (WAM)](https://www.wam.ae/en/article/c2knrbw-fitch-affirms-ras-khaimah%E2%80%99s-%E2%80%98a-%E2%80%99-rating-raises)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/ae-rak-fitch-a-plus-rating-growth-forecast-20261004
- **Markdown:** https://voltformer.com/news/ae-rak-fitch-a-plus-rating-growth-forecast-20261004.md

Fitch affirmed Ras Al Khaimah’s Long-Term Issuer Default Ratings at A+, citing low public-sector debt, fiscal buffers and GDP per capita. It raised its 2026 GDP growth forecast to 1.5%, from a previous forecast of 1.8% contraction. Fitch projected 5% growth in 2027 and consolidated public-sector debt of about 11% of GDP over 2026–2028. WAM also reported a modest delay and marginal cost increase for an unnamed potentially transformational investment project. The growth and debt figures are forecasts; the project was not identified.

[Emirates News Agency (WAM)](https://www.wam.ae/en/article/c2knrbw-fitch-affirms-ras-khaimah%E2%80%99s-%E2%80%98a-%E2%80%99-rating-raises)

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