PH Investor Relations Score Rises in Global Survey

The Philippines’ score for investor relations practices rose to 49.3 out of 50 points in 2025 from 48.9 in 2024, according to the “2025 Investor Relations and Debt Transparency Report” of the Institute of International Finance (IIF).

The Washington, D.C.-based global association of financial industry players ranked the Philippines second out of 54 countries, reflecting a consistent high performance in the global assessment.

This signifies the Philippines’ robust efforts to provide investors and credit rating companies with the comprehensive and timely information they need as well as access to key officials and resource persons.

The Philippines follows Indonesia, which received the top score of 49.4. The Philippines is followed by Brazil with a score of 49.0 (3rd), Turkey with 48.4 (4th), and Hungary with 47.2 (5th).

The country placed first last year and third in 2023, jumping from 12th in 2022.

“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,” said Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr.  “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 investor relations program emphasizes proactive outreach to the global investment community with regular updates, easy access, and comprehensive information online. Initiatives include regular roadshows, investor briefings, and specially-arranged meetings, all contributing to deeper investor trust and economic resilience. Aside from fiscal, monetary, and other economic information, the BSP’s investor relations program also covers environmental, social, and governance (ESG) data.

The 2025 IIF investor relations assessment covers 54 emerging and frontier markets from various geographical regions. The evaluation is based on three key components: investor relations, debt transparency, and environmental, social, and governance (ESG) data and policy dissemination.

Meanwhile, the report shows the Philippines scored 12.3 out of 13 on Debt Transparency, ranking the country third—together with Brazil and Chile—among the 54 surveyed countries. The score reflects the Philippines’ enhanced transparency practices and presentation of debt and ESG data in a market-friendly format.

Further, the IIF assessment shows that the Philippines achieved a perfect 4 out of 4 in ESG Data and Policy Dissemination, the highest possible mark. This score evaluates the availability of ESG data and information on policy dissemination practices, including ESG debt issuances and forward-looking budgetary and fiscal policies, and consideration of investors’ feedback into policy decisions, among others.

The IIF sets standards on best practices in IR and data dissemination, in line with the Principles for Stable Capital Flows and Fair Debt Restructuring for emerging and frontier markets.

The 2025 IIF assessment combines desk research and survey questions to evaluate and rank IR practices across countries.