In a 10 July 2026 release, the Philippine Department of Finance said the country was the top-performing emerging market in the Institute of International Finance’s investor-relations assessment. The department says the report evaluated 57 emerging markets and developing economies using survey responses and desk research.

According to the department’s account of the report, the Philippines received an overall Investor Relations Country Score of 49.3 out of 50. It also says the country ranked among the top three on debt transparency and was one of four economies to receive a perfect ESG data-and-policy dissemination score.

The Department of Finance cites the IIF’s view that proactive investor engagement and sovereign debt transparency can reduce uncertainty and broaden an investor base. Those are the report’s and department’s stated implications, not a measurement of future borrowing costs or investment flows.

What it means

For regional investors and issuers, the practical point is the continued importance of accessible sovereign data and a legible investor-relations process when capital is being allocated across competing emerging markets.