Robust budgetary performance, conservative budgetary, debt and liquidity management and a large, wealthy and resilient economy support the rating. Credit challenges are the low expenditure flexibility related to cost pressures and a high pension burden.

The periodic review has resulted in no rating action.

The periodic review has resulted in no rating action.

The periodic review has resulted in no rating action.

Monitoring review announcement

No action has been taken on the Land of Baden-Wuerttemberg following a monitoring review.

No action has been taken on the Land of Baden-Wuerttemberg following a monitoring review.

Monitoring review announcement

Monitoring review announcement

Monitoring review announcement