The Philippines was deemed extra aggressive in 2025 in comparison with 2024, with its rating going up a notch within the World Competitiveness Rating. Picture by Ted ALJIBE / AFP
MANILA, Philippines – The Philippines’ competitiveness rating improved by one spot in 2025, rising to 51st place out of 69 economies.
That is based on the IMD World Competitiveness Rating 2025 Report revealed by the Swiss-based Worldwide Institute for Administration Growth (IMD).
However in comparison with its neighbors, the Philippines’ standing within the yearbook stays low, with the nation rating thirteenth out of 14 economies included within the Asia-Pacific area, a press launch from the worldwide physique mentioned.
READ: PH down 3 spots to 63rd in world expertise rating
The Philippines additionally ranked final of the 5 included economies within the Affiliation of Southeast Asian Nations (Asean) area, it added.
The highest three best economies within the 2025 rankings report are Switzerland in first place, adopted by Singapore and Hong Kong.
Within the Asia-Pacific area, the main economies are Singapore in second place, Hong Kong in third, and Taiwan in sixth.
Delving deeper into the Philippines’ standing, its rating within the enterprise effectivity pillar declined additional, dropping from forty third place in 2024 to forty sixth in 2025.
Regardless of this, there have been enhancements in key sub-factors productiveness and effectivity, which rose by eight spots, from 51st to forty third, whereas administration practices moved up from forty seventh to forty fourth.
Nevertheless, many of the different sub-factors noticed a decline.
The labor market rating fell from thirty second to thirty seventh, and attitudes and values dropped from thirty third to thirty eighth.
The finance sub-factor, however, remained unchanged.
Moreover, the nation’s efficiency within the authorities effectivity pillar declined in 2025, dropping two spots from forty ninth to 51st.
Though there was a slight enchancment within the enterprise laws sub-factor, which moved up one place to 59th, different areas recorded weaker performances.
The tax coverage rating slipped from fifteenth to seventeenth, the institutional framework fell from 53rd to 54th, and the societal framework declined from fifty fifth to 59th.
The general public finance sub-factor confirmed no change.
On a extra constructive notice, the Philippines made notable positive factors within the financial efficiency pillar, enhancing its total rating from fortieth in 2024 to thirty third in 2025.
Most sub-factors below this pillar confirmed progress, aside from worldwide funding, which skilled a slight decline from forty fourth to forty fifth.
The costs sub-factor posted the largest achieve, leaping 9 locations to thirty ninth.
Different key indicators additionally improved, with the home financial system rising from twenty seventh to twenty second, worldwide commerce advancing from 58th to fifty fifth, and employment climbing from tenth to seventh.
The Philippines’ Infrastructure pillar, which has constantly been a problem in earlier stories, additionally improved barely in 2025, transferring up one spot from 61st to sixtieth.
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The essential infrastructure sub-factor improved from 62nd to sixtieth, whereas technological infrastructure noticed a big leap from fifty fifth to forty third.
