The Philippines has significantly strengthened its position in global investor relations, securing the second-highest ranking among 54 emerging and frontier markets in the Institute of International Finance’s (IIF) “2025 Investor Relations and Debt Transparency Report.”
The country’s score rose to an impressive 49.3 out of 50 points in 2025, up from 48.9 in 2024, reflecting its consistent and robust efforts to provide comprehensive and timely information to investors and credit rating agencies.
This remarkable performance highlights the Philippines’ commitment to fostering transparency and accessibility for the global investment community. The nation now stands just behind Indonesia, which achieved the top score of 49.4. The Philippines outranked Brazil (49.0), Turkey (48.4), and Hungary (47.2) in the top five. This consistent upward trajectory is evident in its historical rankings, having placed first last year, third in 2023, and, notably, 12th in 2022.
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. lauded the achievement, stating, “The IIF assessment recognizes the concerted efforts of the economic team to provide information and answer questions about the Philippines’ strong macroeconomic fundamentals and ongoing structural reforms. The BSP remains committed to working with the government to further improve the country’s investor relations through enhanced dialogues with creditors and continuous data transparency.”
The BSP’s proactive investor relations program is central to this success, emphasizing regular updates, easy access, and comprehensive online information for the global investment community. Key initiatives include consistent roadshows, investor briefings, and specially-arranged meetings, all designed to deepen investor trust and bolster economic resilience. Beyond traditional fiscal, monetary, and economic data, the BSP’s program also diligently covers environmental, social, and governance (ESG) data, showcasing a holistic approach to investor engagement.
The 2025 IIF assessment evaluates 54 emerging and frontier markets across three key components: investor relations, debt transparency, and environmental, social, and governance (ESG) data and policy dissemination. The Philippines demonstrated exceptional performance across all areas.
In Debt Transparency, the Philippines scored 12.3 out of 13 points, ranking third globally alongside Brazil and Chile. This score underscores the country’s enhanced transparency practices and its ability to present debt and ESG data in a market-friendly format. Furthermore, the Philippines achieved a perfect score of 4 out of 4 in ESG Data and Policy Dissemination, the highest possible mark. This perfect score reflects the robust availability of ESG data, clear policy dissemination practices, including ESG debt issuances and forward-looking budgetary and fiscal policies, and the effective integration of investors’ feedback into policy decisions.
The IIF’s assessment aligns with its role in setting standards for best practices in investor relations and data dissemination, in line with the Principles for Stable Capital Flows and Fair Debt Restructuring for emerging and frontier markets. The Philippines’ high ranking reaffirms its dedication to these global standards and its commitment to a transparent and resilient financial environment.
