diff --git a/spring-cloud-aws-autoconfigure/src/main/java/io/awspring/cloud/autoconfigure/core/CredentialsProviderAutoConfiguration.java b/spring-cloud-aws-autoconfigure/src/main/java/io/awspring/cloud/autoconfigure/core/CredentialsProviderAutoConfiguration.java
index 3b7c2eefd..bb2c32265 100644
--- a/spring-cloud-aws-autoconfigure/src/main/java/io/awspring/cloud/autoconfigure/core/CredentialsProviderAutoConfiguration.java
+++ b/spring-cloud-aws-autoconfigure/src/main/java/io/awspring/cloud/autoconfigure/core/CredentialsProviderAutoConfiguration.java
@@ -44,6 +44,8 @@
 import software.amazon.awssdk.services.sts.StsClient;
 import software.amazon.awssdk.services.sts.auth.StsWebIdentityTokenFileCredentialsProvider;
 
+import static software.amazon.awssdk.core.SdkSystemSetting.AWS_WEB_IDENTITY_TOKEN_FILE;
+
 /**
  * {@link EnableAutoConfiguration} for {@link AwsCredentialsProvider}.
  *
@@ -103,7 +105,7 @@ public static AwsCredentialsProvider createCredentialsProvider(CredentialsProper
 		}
 
 		StsProperties sts = properties.getSts();
-		if (ClassUtils.isPresent(STS_WEB_IDENTITY_TOKEN_FILE_CREDENTIALS_PROVIDER, null)) {
+		if (isWebIdentitiyTokenFileConfigured(sts) && ClassUtils.isPresent(STS_WEB_IDENTITY_TOKEN_FILE_CREDENTIALS_PROVIDER, null)) {
 			try {
 				providers.add(StsCredentialsProviderFactory.create(sts, regionProvider));
 			}
@@ -124,6 +126,11 @@ else if (providers.size() == 1) {
 		}
 	}
 
+	private static boolean isWebIdentitiyTokenFileConfigured(@Nullable StsProperties sts) {
+		// AWS_WEB_IDENTITY_TOKEN_FILE can be configured either through environment variable, system properties or `spring.cloud.aws.sts` properties.
+		return AWS_WEB_IDENTITY_TOKEN_FILE.getStringValue().isPresent() || (sts != null && sts.getWebIdentityTokenFile() != null);
+	}
+
 	private static StaticCredentialsProvider createStaticCredentialsProvider(CredentialsProperties properties) {
 		return StaticCredentialsProvider
 				.create(AwsBasicCredentials.create(properties.getAccessKey(), properties.getSecretKey()));
diff --git a/spring-cloud-aws-autoconfigure/src/test/java/io/awspring/cloud/autoconfigure/core/CredentialsProviderAutoConfigurationTests.java b/spring-cloud-aws-autoconfigure/src/test/java/io/awspring/cloud/autoconfigure/core/CredentialsProviderAutoConfigurationTests.java
index 5eaf92d3a..8529e3603 100644
--- a/spring-cloud-aws-autoconfigure/src/test/java/io/awspring/cloud/autoconfigure/core/CredentialsProviderAutoConfigurationTests.java
+++ b/spring-cloud-aws-autoconfigure/src/test/java/io/awspring/cloud/autoconfigure/core/CredentialsProviderAutoConfigurationTests.java
@@ -21,10 +21,13 @@
 import java.io.IOException;
 import java.nio.file.Path;
 import org.junit.jupiter.api.Test;
+import org.junit.jupiter.api.extension.ExtendWith;
 import org.junit.jupiter.api.io.TempDir;
 import org.springframework.boot.autoconfigure.AutoConfigurations;
 import org.springframework.boot.test.context.FilteredClassLoader;
 import org.springframework.boot.test.context.runner.ApplicationContextRunner;
+import org.springframework.boot.test.system.CapturedOutput;
+import org.springframework.boot.test.system.OutputCaptureExtension;
 import org.springframework.context.annotation.Bean;
 import org.springframework.context.annotation.Configuration;
 import org.springframework.core.io.ClassPathResource;
@@ -116,6 +119,21 @@ void credentialsProvider_stsPropertiesConfigured_configuresStsWebIdentityTokenFi
 				});
 	}
 
+	@Test
+	@ExtendWith(OutputCaptureExtension.class)
+	void credentialsProvider_stsCredentialsProviderNotConfigured_whenWebIdentityTokenNotConfigured(CapturedOutput output)
+		throws IOException {
+		this.contextRunner
+			.withPropertyValues("spring.cloud.aws.region.static:af-south-1")
+			.run((context) -> {
+				AwsCredentialsProvider awsCredentialsProvider = context.getBean("credentialsProvider",
+					AwsCredentialsProvider.class);
+				assertThat(awsCredentialsProvider).isNotNull()
+					.isInstanceOf(DefaultCredentialsProvider.class);
+			});
+		assertThat(output).doesNotContain("Skipping creating `StsCredentialsProvider`");
+	}
+
 	@Test
 	void credentialsProvider_stsSystemPropertiesDefault_configuresStsWebIdentityTokenFileCredentialsProvider()
 			throws IOException {