Philippines Global Competitiveness Index

2017 - 2019 | Yearly | Score | World Economic Forum

Key information about Philippines Global Competitiveness Index

  • Philippines Global Competitiveness Index was reported at 61.869 Score in Dec 2019.
  • This records a decrease from the previous number of 62.125 Score for Dec 2018.
  • Philippines Global Competitiveness Index data is updated yearly, averaging 62.125 Score from Dec 2017 to 2019, with 3 observations.
  • The data reached an all-time high of 62.125 Score in 2018 and a record low of 59.800 Score in 2017.
  • Philippines Global Competitiveness Index data remains active status in CEIC and is reported by World Economic Forum.
  • The data is categorized under World Trend Plus’s Global Competitiveness Index (GCI) – Table GCI 4.0: Overall Index: Individual Countries.

View Philippines's Global Competitiveness Index from 2017 to 2019 in the chart:

Philippines Global Competitiveness Index
Philippines Global Competitiveness Index

What was Philippines's Global Competitiveness Index in 2019?

Philippines Global Competitiveness Index was reported at 61.869 Score in Dec 2019. See the table below for more data.

Last Previous Min Max Unit Frequency Range
61.869 2019 62.125 2018 59.800 2017 62.125 2018 Score yearly 2017 - 2019

Global Competitiveness Index by Country Comparison

country/region Last Frequency Range
Indonesia (Score) 64.629 2019 yearly 2017 - 2019
Malaysia (Score) 74.602 2019 yearly 2017 - 2019
Philippines (Score) 61.869 2019 yearly 2017 - 2019
Thailand (Score) 68.112 2019 yearly 2017 - 2019
Vietnam (Score) 61.543 2019 yearly 2017 - 2019

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.5 Jun 2026 quarterly Dec 1985 - Jun 2026
Consolidated Fiscal Balance (USD mn) -4,314.896 Jun 2026 monthly Jan 1985 - Jun 2026
Tax Revenue (USD mn) 4,886.851 Jun 2026 monthly Jan 1985 - Jun 2026
Tax Revenue: % of GDP (%) 15.7 Jun 2026 quarterly Mar 1985 - Jun 2026
National Government Debt (USD mn) 311,383.3 Jun 2026 monthly Jan 1993 - Jun 2026
Government Debt: % of GDP (%) 66.0 Jun 2026 quarterly Mar 1993 - Jun 2026
Forecast: Government Expenditure (PHP bn) 9,934.920 2031 yearly 1989 - 2031
Forecast: Government Net Debt (PHP bn) 25,111.900 2031 yearly 1993 - 2031
Forecast: Government Revenue (PHP bn) 9,229.872 2031 yearly 1989 - 2031
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 1,168,169.000 Jun 2026 monthly Jan 2006 - Jun 2026
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 16,039,665.000 Jun 2026 monthly Jan 2006 - Jun 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -4,938.7 Jun 2026 monthly Jan 1957 - Jun 2026
Total Exports (USD mn) 8,772.2 Jun 2026 monthly Jan 1979 - Jun 2026
Total Exports Growth (%) 24.1 Jun 2026 monthly Jan 1980 - Jun 2026
Aluminum: Exports (USD th) 195,030.466 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 42,036.539 2025 yearly 1995 - 2025
Exports: Medicinal and Pharmaceutical Product (USD th) 13,070.084 2025 yearly 1995 - 2025
Total Imports (USD mn) 11,219.7 Oct 2025 monthly Jan 1979 - Oct 2025
Total Imports Growth (%) 21.9 May 2026 monthly Jan 1980 - May 2026
Imports: Medicament (USD th) 1,630,080.560 2025 yearly 1995 - 2025
Imports: Medicinal and Pharmaceutical Product (USD th) 986,842.251 2025 yearly 1995 - 2025
Total Exports to USA (USD mn) 1,761.462 Jun 2026 monthly Jan 1978 - Jun 2026
Total Imports from USA (USD mn) 709.465 May 2026 monthly Jan 1986 - May 2026
Total Exports to China (USD mn) 1,002.845 Jun 2026 monthly Jan 1984 - Jun 2026
Total Imports from China (USD mn) 4,346.363 Jun 2026 monthly Jan 1986 - Jun 2026
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Export Value Index (2015=100) 124.100 2024 yearly 2005 - 2024
Import Value Index (2015=100) 180.400 2024 yearly 2005 - 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 318.2 Mar 2026 monthly Jan 2005 - Mar 2026
Current Account Balance (USD mn) -2,691.4 Mar 2026 monthly Jan 1999 - Mar 2026
Current Account Balance: % of GDP (%) -4.0 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Direct Investment (USD mn) 210.0 May 2026 monthly Jan 2005 - May 2026
Foreign Direct Investment: % of GDP (%) 1.5 Mar 2026 quarterly Mar 2005 - Mar 2026
Foreign Portfolio Investment (USD mn) -1,003.576 Mar 2026 quarterly Mar 2005 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) -0.9 Mar 2026 quarterly Mar 1981 - Mar 2026
Foreign Portfolio Investment: Equity Securities (USD mn) 91.4 Mar 2026 quarterly Mar 1996 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) -1,094.935 Mar 2026 quarterly Mar 1977 - Mar 2026
External Debt (USD mn) 147,650.8 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: % of GDP (%) 30.3 2025 yearly 1990 - 2025
External Debt: Short Term (USD mn) 21,409.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 4.2 2025 yearly 2005 - 2025
Forecast: Current Account Balance (USD bn) -20.861 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -54,923.957 Mar 2026 quarterly Dec 2012 - Mar 2026
BoP: CA: Services: Credit: Export (USD mn) 4,006.983 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: Change in Reserve Assets: Debit (USD mn) -2,624.504 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: Financial Derivatives (FD) (USD mn) 4.410 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -478.728 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: Net Incurrence of Liabilities (USD mn) 3,776.188 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 209.978 May 2026 monthly Jan 2005 - May 2026
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 318.241 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Primary Income (USD mn) -154.626 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 4,108.989 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: Financial Account (FA) (USD mn) 77.104 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Secondary Income: Debit: Payments (USD mn) 79.759 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Goods: Credit: Export (USD mn) 6,333.953 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Credit: Receipts (USD mn) 8.190 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -95.209 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Secondary Income (USD mn) 2,610.439 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Goods (USD mn) -5,638.479 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Services: Debit: Import (USD mn) 3,515.722 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Goods: Debit: Import (USD mn) 11,972.432 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: Capital Account (CA) (USD mn) 7.368 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Debit: Payments (USD mn) 0.821 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,325.861 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -99.619 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Import (USD mn) 17,146.390 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Services (USD mn) 491.261 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Export (USD mn) 14,454.984 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,690.198 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: Portfolio Investment (PI) (USD mn) 6,170.104 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -2,061.115 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: Direct Investment (DI) (USD mn) -292.820 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: Net Acquisition of Financial Assets (USD mn) 3,853.292 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,423.850 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,578.476 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: FA: Other Investments (OI) (USD mn) -5,804.590 Mar 2026 monthly Jan 2005 - Mar 2026
BoP: Current Account (CA) (USD mn) -2,691.405 Mar 2026 monthly Jan 2005 - Mar 2026
External Debt: Medium and Long Term (USD mn) 129,265.015 Mar 2026 quarterly Mar 2005 - Mar 2026
External Debt: By Country Profile: Country: USA (USD mn) 2,482.731 Mar 2026 quarterly Mar 2005 - Mar 2026
External Debt: By Country Profile: Country: Japan (USD mn) 16,272.891 Mar 2026 quarterly Mar 2005 - Mar 2026
External Debt: By Country Profile: Country: UK (USD mn) 4,868.634 Mar 2026 quarterly Mar 2005 - Mar 2026
External Debt: By Country Profile: Country: Germany (USD mn) 1,450.613 Mar 2026 quarterly Mar 2005 - Mar 2026
External Debt: By Country Profile: Country: France (USD mn) 2,432.724 Mar 2026 quarterly Mar 2005 - Mar 2026
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
FDI: Approved: Information & Communication (PHP mn) 521.633 Mar 2026 quarterly Mar 2010 - Mar 2026
FDI: Approved: Real Estate Activities (PHP mn) 828.119 Mar 2026 quarterly Mar 2010 - Mar 2026
FDI: Approved: Manufacturing (PHP mn) 9,079.568 Mar 2026 quarterly Mar 2010 - Mar 2026
FDI: Approved: Transportation & Storage (PHP mn) 566.963 Mar 2026 quarterly Mar 2010 - Mar 2026
FDI: Approved: Administrative & Support Services (PHP mn) 2,652.730 Mar 2026 quarterly Mar 2010 - Mar 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Jun 2026 monthly Mar 2008 - Jun 2026
Household Debt: % of GDP (%) 13.8 Mar 2026 quarterly Mar 2008 - Mar 2026
Non-Performing Loans (USD mn) 9,553.821 Jun 2026 quarterly Mar 2008 - Jun 2026
Money Supply M1 (USD mn) 130,442.823 Jun 2026 monthly Dec 1988 - Jun 2026
Money Supply M2 (USD mn) 326,147.555 Jun 2026 monthly Dec 1988 - Jun 2026
M2 Growth (%) 11.2 Apr 2026 monthly Dec 1989 - Apr 2026
Reserve Requirement Ratio (%) 5.0 Jun 2026 monthly May 1986 - Jun 2026
Foreign Exchange Reserves (USD mn) 81,227.2 Jul 2026 monthly Jan 1960 - Jul 2026
Foreign Exchange Reserves: Months of Import (NA) 6.0 Jun 2026 monthly Jan 1979 - Jun 2026
Gold Reserves (USD mn) 17,489.486 Jul 2026 monthly Dec 1956 - Jul 2026
Total Deposits (USD mn) 365,742.217 Jun 2026 quarterly Mar 2008 - Jun 2026
Total Deposits Growth (%) 8.3 Jun 2026 quarterly Mar 2009 - Jun 2026
Domestic Credit (USD mn) 383,950.2 May 2026 monthly Dec 2001 - May 2026
Domestic Credit Growth (%) 12.7 Apr 2026 monthly Dec 2002 - Apr 2026
Household Debt (USD mn) 64,710.5 Dec 2025 quarterly Mar 2008 - Dec 2025
Total Loans (USD mn) 266,796.644 May 2026 monthly Mar 2008 - May 2026
Total Loans Growth (%) 10.61 Jun 2026 monthly Mar 2009 - Jun 2026
Private Debt: % of Nominal GDP (%) 52.60 Jun 2026 quarterly Dec 2001 - Jun 2026
DCS: Domestic Claims (DC) (PHP mn) 23,672,066.968 May 2026 monthly Dec 2001 - May 2026
YoY: DCS: LA: M4: Foreign Currency Deposits of Residents (%) 12.802 May 2026 monthly Dec 2002 - May 2026
YoY: DCS: LA: M4: M3 (%) 11.533 May 2026 monthly Dec 2002 - May 2026
YoY: DCS: LA: M4: M3: Deposit Substitutes (%) 9.538 May 2026 monthly Dec 2002 - May 2026
YoY: DCS: LA: M4: M3: M2 (%) 3.983 Apr 2026 monthly Dec 2002 - Apr 2026
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 5.000 Jun 2026 monthly May 1986 - Jun 2026
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,903.430 Mar 2026 quarterly Mar 2008 - Mar 2026
CL: PBS: Real Estate: Residential (PHP bn) 1,217.913 Mar 2026 quarterly Mar 2008 - Mar 2026
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -15.2 Dec 2025 quarterly Jun 2002 - Dec 2025
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

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