Liechtenstein is one of just 11 countries to have been awarded a top rating from S&P Global Ratings. As part of its half-yearly review, the rating agency confirmed the AAA sovereign rating for the principality. The outlook remains unchanged at stable as well.

Liechtenstein is among the financially healthiest countries in the world. According to a press release issued by the government of Liechtenstein, S&P Global Ratings has confirmed its top rating AAA with a stable outlook. In so doing, the rating agency has recognized the strong budgetary position of the principality and its financial reserves. Moreover, Liechtenstein is characterized by a high degree of political efficacy and prudent regulatory measures.

The rating agency expects the economy of Liechtenstein to recover over the course of this year. While the economy certainly remains under pressure from the indirect consequences of the war in Ukraine, weak demand on the export markets and rampant inflation, it has also repeatedly shown a capacity in the past to rapidly adjust to changes in the economic landscape.

Daniel Risch, Prime Minister of Liechtenstein, is delighted about the confirmation of the top rating, which he describes in the press release as being far from a matter of course. The top rating also confirms the attractiveness of the principality as a secure and stable business location, while also underlining the importance of a proactive approach and the creation of effective economic framework conditions.

In Europe, the only other countries with a top rating are Denmark, Germany, Luxembourg, the Netherlands, Norway, Sweden and Switzerland. Outside of Europe, Australia, Canada and Singapore have been awarded top ratings. 

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