Standard & Poor's credit rating for Thailand stands at BBB+ with stable outlook. Moody's credit rating for Thailand was last set at Baa1 with stable outlook. Fitch's credit rating for Thailand was last reported at BBB+ with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Thailand thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Thailand as reported by major credit rating agencies.


AgencyRatingOutlookDate
Moody'sBaa1 Stable Apr 21 2020
S&PBBB+ Stable Apr 13 2020
FitchBBB+ Stable Mar 17 2020
S&PBBB+ Positive Dec 11 2019
Moody'sBaa1 Positive Jul 25 2019
FitchBBB+ Positive Jul 18 2019
FitchBBB+ Stable Mar 08 2013
S&PBBB+ Stable Dec 09 2010
Moody'sBaa1 Stable Oct 28 2010
FitchBBB Stable Apr 16 2009
Moody'sBaa1 Negative Dec 04 2008
FitchBBB+ Negative Dec 01 2008
S&PBBB+ Negative Dec 01 2008
S&PBBB+ Stable Oct 31 2006
S&PBBB+ Negative Watch Sep 19 2006
FitchBBB+ Negative Watch Sep 19 2006
FitchBBB+ Stable May 11 2005
S&PBBB+ Stable Aug 26 2004
FitchBBB Positive Mar 03 2004
Moody'sBaa1 Stable Nov 26 2003
S&PBBB Positive Oct 07 2003
Moody'sBaa3 Positive Watch Oct 01 2003
FitchBBB Stable Sep 03 2003
FitchBBB- Positive Oct 10 2002
S&PBBB- Positive Aug 20 2002
FitchBBB- Stable Sep 21 2000
Moody'sBaa3 Stable Jun 22 2000
Moody'sBa1 Positive Watch Apr 03 2000
FitchBBB- N/A Jun 24 1999
S&PBBB- Stable May 05 1999
Moody'sBa1 Positive May 03 1999
FitchBB+ Positive Watch Apr 26 1999
FitchBB+ N/A May 14 1998
S&PBBB- Negative Jan 08 1998
Moody'sBa1 Stable Dec 21 1997
Moody'sBaa3 Negative Nov 27 1997
S&PBBB Negative Oct 24 1997
Moody'sBaa1 Negative Watch Oct 23 1997
Moody'sBaa1 Negative Oct 01 1997
Moody'sA3 Negative Watch Sep 09 1997
S&PA- Negative Sep 03 1997
S&PA Negative Watch Aug 01 1997
Moody'sA3 Stable Apr 08 1997
Moody'sA2 Negative Watch Feb 13 1997
S&PA Stable Dec 29 1994
S&PA- Stable Dec 08 1992
S&PA- Negative Watch May 19 1992
S&PA- Stable Feb 26 1991
Moody'sA2 Stable Aug 01 1989
S&PA- Positive Jun 26 1989
S&PA- N/A Jun 14 1989
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