Prime Minister Anutin expresses his pleasure over Moody’s revision of Thailand’s credit outlook to “stable” while maintaining the Baa1 rating—Thailand’s return to the top 25 in the FDICI reflects ongoing recovery in foreign investor confidence.
22 April 2026 GMT+7 Ms. Ratchada Thanadirek, spokesperson for the Office of the Prime Minister, revealed that Prime Minister Anutin Charnvirakul congratulated the case in which Moody’s revised Thailand’s credit outlook from “negative” to “stable” and maintained the credit rating at Baa1, reflecting confidence in Thailand’s economic fundamentals and government policy direction.
The spokesperson added that this outlook revision is supported by more stable economic trends driven by both internal and external factors. Political stability and policy continuity reduce uncertainty and facilitate long-term economic reforms.
Furthermore, private sector investment is steadily recovering due to government incentives such as the Thailand Fast Pass, which supports employment and future growth. Although public debt is expected to rise due to stimulus measures, it remains manageable and does not affect overall stability. Thailand also maintains strong international financial standing with adequate reserves to cushion global economic volatility.
Meanwhile, the 2026 Kearney Foreign Direct Investment Confidence Index (FDICI) shows Thailand re-entering the world’s top 25 after two consecutive years (2024–2025) out of the ranking since 2023, indicating renewed foreign investor interest.
This results from targeted government investment promotion policies, expanding BOI incentives in future industries such as data centers, electric vehicles, and clean energy, alongside accelerating infrastructure development and investor facilitation, which are key to restoring economic confidence.
Moody’s upgrade of Thailand’s credit outlook to “stable,” coupled with the country’s return to the top 25 in the FDICI, clearly demonstrates the ongoing recovery of foreign investor confidence in Thailand. This confidence spans economic stability and government policy direction, serving as a crucial driver for attracting new investment, economic expansion, and enhancing national competitiveness moving forward.
The Prime Minister emphasized that the government will closely monitor and mitigate economic impacts on citizens in the short term, while maintaining economic stability and accelerating foundational development to boost the country’s potential, aiming for strong and sustainable growth in the medium and long term, as promised to the public.