Standard & Poor’s confirms the financial strength of Aragon and highlights its economyHe also highlighted stable public finances and declining debt as pillars of the country’s strong financial position.

The international agency Standard & Poor’s has confirmed the financial strength of Aragon and maintained its rating at A- with a stable outlook. The report highlights a solid and diversified economy , stable public finances, and declining debt as the pillars of the region’s strong financial position.

The decision comes after the improvement recorded in 2025, when Aragon grew by 3%, above the national and European averages . Furthermore, the agency highlights its GDP per capita, which is 12.5% ​​above the Spanish average, reinforcing its position among the autonomous communities with the best economic performance.

DIVERSIFIED ECONOMY AND EMPLOYMENT AS STRENGTHS

The report highlights the diversified and export-oriented nature of the Aragonese economy , with key sectors such as logistics, automotive, energy, food, and technology. It also emphasizes its capacity to attract significant international investment.

Employment trends are another highlight, with an unemployment rate below the national average , which helps to consolidate economic strength and income stability in the Community.

In the area of ​​public finances, S&P values ​​the moderation of current spending initiated in 2024 by the Government of Aragon . In 2025, this growth was 2.4%, well below previous years, which reinforces budgetary stability in a complex environment.

The agency also notes that the debt maintains a downward trajectory and a prudent profile , with limited risks from possible interest rate hikes or other external factors.

LIQUIDITY AFFECTED BY LACK OF BUDGETS

Regarding liquidity, the report points out that the lack of a General State Budget since 2023 is generating temporary cash flow problems in the autonomous communities, due to the absence of updates to the advance payments.

Despite this, S&P highlights the liquidity management by the Aragonese Executive , which is allowing it to cope with this situation of uncertainty in revenues.

Among the risk factors, the agency mentions the national political situation and the fragmentation around issues such as the reform of the regional financing system or the possible assumption of debt, whose impact cannot yet be determined.