The Andorran Financial Authority published an update noting that Fitch Ratings has affirmed Andorra’s long-term sovereign debt rating at A- with a stable outlook, citing strong economic and institutional fundamentals. Fitch highlighted high gross domestic product per capita, strong governance indicators and prudent fiscal policy, and forecast GDP growth of 2.8% in 2025, above the European average. It also pointed to low public indebtedness and a resilient banking sector, with a regulatory framework increasingly aligned with European standards, alongside progress in Andorra’s rapprochement process with the European Union. The stable outlook reflects expectations that the country will continue to run a prudent economic policy with solid fundamentals, supported by an ability to maintain fiscal surpluses and a stable institutional environment.
Andorran Financial Authority 2026-03-24
Andorran Financial Authority reports Fitch Ratings affirmation of Andorra at A- with stable outlook
The Andorran Financial Authority announced that Fitch Ratings has affirmed Andorra’s long-term sovereign debt rating at A- with a stable outlook, citing strong economic and institutional fundamentals. Fitch noted high GDP per capita, strong governance, prudent fiscal policy, and a resilient banking sector. The stable outlook reflects expectations of continued prudent economic policy and fiscal surpluses.