Philippines

Economic Competitiveness Rating - Philippines Compared to Continent

Footnote

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Singapore	5.45
Japan	5.43
South Korea	5.40
Hong Kong	5.37
Taiwan	5.25
Malaysia	5.10
Thailand	4.70
China	4.57
India	4.33
Indonesia	4.24
Kazakhstan	4.14
Uzbekistan	4.13
Azerbaijan	4.07
Vietnam	4.04
Philippines	3.99
Sri Lanka	3.99
Georgia	3.83
Pakistan	3.77
Armenia	3.76
Mongolia	3.60
Bangladesh	3.55
Cambodia	3.48
Nepal	3.38
Tajikistan	3.37
Kyrgyztan	3.34
Timor-Leste	3.20

 

 

Philippines: Economic growth competiveness index

The Growth Competitiveness Index (GCI), aims to quantify the quality of the macroeconomic environment, the state of a country’s public institutions, and its level of technological readiness.

Higher competitiveness scores are more desirable:

• Very High – 5.51 to 7
• High – 4.51 to 5.50
• Moderate – 3.51 to 4.50
• Low - 3.01 to 3.50
• Very Low – 0 to 3.00

Source: World Economic Forum

 

Philippines does not publish official house price statistics. Colliers International has quarterly data of capital values in the Makati-CBD. Economics statistics are available from government agencies - Bangko Sentral ng Pilipinas, National Statistical Coordination Board and National Economic Development Agency.