Bangkok: The Prime Minister welcomed Moody's' upgrade of Thailand's outlook to "stable" as the country maintains its Baa1 rating. This positive change has also propelled Thailand back into the Top 25 of the FDICI, signaling a resurgence in investor confidence.
According to Thai News Agency, Ms. Ratchada Thanadirek, spokesperson for the Prime Minister's Office, announced that Prime Minister Anutin Charnvirakul expressed his satisfaction with Moody's' revision of Thailand's credit outlook from "negative" to "stable." The Baa1 credit rating remains unchanged, reflecting robust confidence in the nation's economic fundamentals and the strategic direction of government policies. This upgrade is attributed to a more stable economic environment influenced by both internal and external dynamics. Political stability and the continuity of policy have reduced uncertainty, paving the way for long-term economic reforms.
The recovery of private sector investment is being bolstered by government initiatives such as the Thailand Fast Pass program, which supports employment and future growth. While government debt is anticipated to rise due to economic stimulus measures, it is considered manageable and poses no threat to overall stability. Additionally, Thailand boasts a strong international financial position and ample reserves to withstand global economic fluctuations.
In a related development, the 2026 Kearney FDI Confidence Index (FDIC) reveals that Thailand has re-entered the top 25 globally, after a two-year absence from the ranking in 2024 and 2025. This resurgence demonstrates renewed interest from foreign investors.
The government's targeted investment promotion policy, which includes expanding BOI incentives in future industries such as data centers, electric vehicles, and clean energy, has played a vital role. These efforts are complemented by accelerated infrastructure development and streamlined investment processes, significantly restoring economic confidence.
Moody's upgrade of Thailand's credit outlook to "stable," combined with the country's return to the top 25 in the Foreign Direct Investment Confidence Index, is a testament to the recovering confidence of foreign investors in Thailand. This is illustrated by both economic stability and the strategic direction of government policies, which are pivotal in attracting new investment, driving economic growth, and enhancing national competitiveness.
"The Prime Minister emphasized that the government will continue to closely monitor the economic impact on the people in the short term, while simultaneously maintaining economic stability and accelerating the laying of foundations to enhance the country's potential, aiming for strong and sustainable growth in the medium and long term, in accordance with the policies promised to the people."