The Luxembourg government announced on Saturday morning that the rating agency Moody’s has confirmed the country’s AAA credit rating with a stable outlook.

In a press release shared by the Ministry of Finance, the government confirms that the rating agency Moody's, a leading provider of credit ratings, research, and risk analysis, has reaffirmed Luxembourg's 'Triple A' rating. Moody’s is one of the "Big Three" credit rating agencies globally, alongside Standard & Poor’s and Fitch Ratings, and its assessments influence investor confidence and borrowing costs for countries and corporations alike.

According to the government’s statement, revenues in 2023 exceeded expenditures, leading Moody’s to anticipate that public debt levels and the overall balance of public finances will stabilise in 2025-2026.

Moody’s highlights the importance of Luxembourg’s stable public finances and expects continued economic growth.

The agency attributes this to the country’s strong institutions and governance, which rank among the best globally. It also underscores that economic and financial sector risks are being effectively managed.