Economic power Mar 24, 2014

Top credit rating: Bavaria's remains AAA

The rating agencies Moody’s and Standard & Poor’s have given Bavaria top marks. The state therefore retains its status as number one in Germany for financial policy.

After the rating agency Standard & Poor's awarded Bavaria's credit-worthiness the top mark AAA for the 16th time in a row last year, the other leading rating agency, Moody's, has now also confirmed the state's top credit rating.

Moody's attested to Bavaria's "clever and prudent budget management, low public debt, debt reduction, budget surpluses over the last few years, and an unusually strong and diversified economy". According to the report, Bavaria is one of the wealthiest regions in Europe and is responsible for 18 per cent of Germany's gross domestic product.

At EUR 2,436, the Free State has the lowest per capita debt in Germany. At the same time, Bavaria boasts an above-average investment quota of 12.1 per cent. The development of the Bavarian state budget ultimately reflects the positive overall economic development of the state and represents stable and sustainable economic growth. The ideal conditions for your investment projects in Bavaria!

Only registered users can view the Moody's report. You can find a press release from the Bavarian Ministry of Finance here.

Subscribe to our newsletter

The regular Invest in Bavaria newsletter provides you with free information about Bavaria regarding business, society and culture as well as events. Subscribe now!

By subscribing, you give your consent to receive the newsletter. You can unsubscribe at any time. Your consent also includes tracking within the newsletter to improve future newsletters. For more information, please see the Invest in Bavaria Privacy Policy .

Copyright © 2024 Invest in Bavaria - The Business Promotion Agency of the Free State of Bavaria