Rating of the cities of Madrid and Barcelona

12th November of 2021

In its November review Axesor Rating maintains the city of Madrid's unsolicited credit rating at A- with stable trend. Despite the capital growth potential of Spain, there is a slowdown in the evolution of both private consumption and the tourism sector, limiting GDP growth to 4.7%, in line with forecasts for Spain.

In its November review Axesor Rating maintains the city of Barcelona's unsolicited credit rating in A- with stable trend. The rating also takes into account the expansionary character of the 2022 Consistory's draft accounts, noting the importance of public investment for recovery.



You can access to the Notification Madrid.


You can access to the Notification Barcelona.