Philippines maintains investment-grade credit ratings from Moody’s and R&I

The Philippines has maintained its investment-grade credit ratings from two major agencies. Moody’s Ratings affirmed the country’s ‘Baa2’ rating with a stable outlook, citing medium-term growth potential and supportive credit fundamentals despite near-term slowdowns caused by high food and energy costs and cautious business sentiment.

Similarly, Japan-based Rating and Investment Information, Inc. (R&I) maintained the Philippines’ ‘A-’ credit rating with a stable outlook. R&I noted that while economic expansion slowed in 2025 due to corruption scandals and climate-related disruptions, the country’s fiscal position is improving. The agency expects economic growth to recover to the 5 percent range from 2027 onward, supported by infrastructure investments, foreign direct investment, and population growth.

The Bangko Sentral ng Pilipinas and the Department of Finance welcomed the ratings, noting they reinforce international investor confidence and support efforts to attract high-value investments.