Fitch Ratings upgraded Thailand's outlook from Negative to Stable while maintaining the BBB+ sovereign credit rating. The improvement reflects stronger government stability and reduced political uncertainty, supporting continued fiscal consolidation. Government debt is now projected below 63% of GDP by 2571 (2028), improved from prior estimates of 65%. Key growth drivers include AI and data center investments, domestic consumption, and tourism recovery, with GDP growth forecast at 2.3% for 2569 (2026).
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