The international rating agency Standard & Poor’s has once again awarded the Principality of Liechtenstein the top rating of triple-A with a stable outlook as part of its semi-annual review of its rating. In the rating, the strong economy and the good financial situation of the public budgets were highlighted in particular. Furthermore, Standard & Poor’s points to the strong Liechtenstein economy, which has exceptional resilience and broad diversification.
According to the rating agency, the war in Ukraine will also cause supply chain problems and rising commodity prices for Liechtenstein. However, Liechtenstein will be able to cope with “the short-term negative economic effects of the war over the next two years without adverse consequences for the national economy.”