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 61.869 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

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

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Includes Global Competitiveness Index on 5 economies standardised by CEIC. Instant access to full history data in excel.
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

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Includes 261 key indicators for Philippines, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.3 Mar 2022 quarterly Dec 1985 - Mar 2022
Consolidated Fiscal Balance (USD mn) -3,603.833 Mar 2022 monthly Jan 1985 - Mar 2022
Tax Revenue (USD mn) 4,687.483 Mar 2022 monthly Jan 1985 - Mar 2022
Tax Revenue: % of GDP (%) 14.1 Mar 2022 quarterly Mar 1985 - Mar 2022
National Government Debt (USD mn) 244,029.7 Mar 2022 monthly Jan 1993 - Mar 2022
Government Debt: % of GDP (%) 63.5 Mar 2022 quarterly Mar 1993 - Mar 2022
Forecast: Government Expenditure (PHP bn) 7,838.262 2027 yearly 1989 - 2027
Forecast: Government Net Debt (PHP bn) 18,870.859 2027 yearly 1993 - 2027
Forecast: Government Revenue (PHP bn) 7,298.928 2027 yearly 1989 - 2027
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 656,601.000 Mar 2022 monthly Jan 2006 - Mar 2022
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 8,137,738.000 Mar 2022 monthly Jan 2006 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 11.010 2027 yearly 1980 - 2027
Trade Balance (USD mn) -5,003.9 Mar 2022 monthly Jan 1957 - Mar 2022
Total Exports (USD mn) 7,170.9 Mar 2022 monthly Jan 1979 - Mar 2022
Total Exports Growth (%) 5.9 Mar 2022 monthly Jan 1980 - Mar 2022
Aluminum: Exports (USD th) 135,862.497 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 39,815.275 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 9,366.205 2020 yearly 1995 - 2020
Total Imports (USD mn) 12,174.9 Mar 2022 monthly Jan 1979 - Mar 2022
Total Imports Growth (%) 27.7 Mar 2022 monthly Jan 1980 - Mar 2022
Imports: Medicament (USD th) 1,362,507.431 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 475,680.308 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 1,089.989 Mar 2022 monthly Jan 1978 - Mar 2022
Total Imports from USA (USD mn) 869.836 Mar 2022 monthly Jan 1986 - Mar 2022
Total Exports to China (USD mn) 1,183.734 Mar 2022 monthly Jan 1984 - Mar 2022
Total Imports from China (USD mn) 2,133.406 Mar 2022 monthly Jan 1986 - Mar 2022
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 502.5 Dec 2021 monthly Jan 2005 - Dec 2021
Current Account Balance (USD mn) -2,045.9 Dec 2021 monthly Jan 1999 - Dec 2021
Current Account Balance: % of GDP (%) -3.5 Dec 2021 quarterly Mar 1981 - Dec 2021
Foreign Direct Investment (USD mn) 893.1 Feb 2022 monthly Jan 2005 - Feb 2022
Foreign Direct Investment: % of GDP (%) 2.7 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Portfolio Investment (USD mn) -228.061 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -0.2 Dec 2021 quarterly Dec 1980 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 1,685.4 Dec 2021 quarterly Mar 1996 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) -1,913.412 Dec 2021 quarterly Mar 1977 - Dec 2021
External Debt (USD mn) 106,428.3 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: % of GDP (%) 27.0 2021 yearly 1990 - 2021
External Debt: Short Term (USD mn) 15,089.6 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: Short Term: % of GDP (%) 3.8 2021 yearly 2005 - 2021
Forecast: Current Account Balance (USD bn) -10.984 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -27,602.578 Dec 2021 quarterly Dec 2012 - Dec 2021
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 1,533.330 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Net Incurrence of Liabilities (USD mn) 4,493.859 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Goods: Credit: Export (USD mn) 4,501.902 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: Capital Account (CA) (USD mn) 6.809 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Import (USD mn) 13,737.854 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,901.822 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Primary Income: Debit: Payments (USD mn) 915.551 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 502.514 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Credit: Receipts (USD mn) 8.307 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Goods (USD mn) -6,196.311 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Debit: Payments (USD mn) 1.498 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Services (USD mn) 1,134.558 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Direct Investment (DI) (USD mn) -563.613 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Services: Credit: Export (USD mn) 3,174.440 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) -521.729 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Secondary Income: Debit: Payments (USD mn) 84.206 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Services: Debit: Import (USD mn) 2,039.883 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Net Acquisition of Financial Assets (USD mn) 1,414.849 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Portfolio Investment (PI) (USD mn) -3,299.760 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,113.797 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: Change in Reserve Assets: Debit (USD mn) 973.435 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 893.098 Feb 2022 monthly Jan 2005 - Feb 2022
BoP: Financial Account (FA) (USD mn) -3,079.011 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Secondary Income (USD mn) 2,817.616 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 675.964 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Export (USD mn) 11,691.962 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: Current Account (CA) (USD mn) -2,045.892 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Financial Derivatives (FD) (USD mn) -73.003 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Primary Income (USD mn) 198.245 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -99.266 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Goods: Debit: Import (USD mn) 10,698.213 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -26.262 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 2,778.031 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Other Investments (OI) (USD mn) 857.366 Dec 2021 monthly Jan 2005 - Dec 2021
External Debt: Medium and Long Term (USD mn) 91,338.698 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: Germany (USD mn) 1,000.556 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: USA (USD mn) 3,828.259 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: UK (USD mn) 2,827.201 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: Japan (USD mn) 14,572.103 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: France (USD mn) 882.389 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Approved: Manufacturing (PHP mn) 2,134.265 Dec 2021 quarterly Mar 2010 - Dec 2021
FDI: Approved: Information & Communication (PHP mn) 127,171.919 Dec 2021 quarterly Mar 2010 - Dec 2021
FDI: Approved: Administrative & Support Services (PHP mn) 2,084.565 Dec 2021 quarterly Mar 2010 - Dec 2021
FDI: Approved: Transportation & Storage (PHP mn) 43.835 Dec 2021 quarterly Mar 2010 - Dec 2021
FDI: Approved: Real Estate Activities (PHP mn) 1,207.029 Dec 2021 quarterly Mar 2010 - Dec 2021
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.2 Feb 2022 monthly Jan 2013 - Feb 2022
Household Debt: % of GDP (%) 10.2 Dec 2021 quarterly Mar 2009 - Dec 2021
Non-Performing Loans (USD mn) 8,911.123 Dec 2021 quarterly Mar 2013 - Dec 2021
Money Supply M1 (USD mn) 120,922.977 Mar 2022 monthly Dec 1988 - Mar 2022
Money Supply M2 (USD mn) 280,941.568 Mar 2022 monthly Dec 1988 - Mar 2022
M2 Growth (%) 8.2 Mar 2022 monthly Dec 1989 - Mar 2022
Reserve Requirement Ratio (%) 12.0 Apr 2022 monthly May 1986 - Apr 2022
Foreign Exchange Reserves (USD mn) 92,823.2 Apr 2022 monthly Jan 1960 - Apr 2022
Foreign Exchange Reserves: Months of Import (NA) 7.7 Mar 2022 monthly Jan 1979 - Mar 2022
Gold Reserves (USD mn) 9,277.468 Apr 2022 monthly Dec 1956 - Apr 2022
Total Deposits (USD mn) 319,772.658 Dec 2021 quarterly Mar 2008 - Dec 2021
Total Deposits Growth (%) 9.0 Dec 2021 quarterly Mar 2009 - Dec 2021
Domestic Credit (USD mn) 286,230.9 Mar 2022 monthly Dec 2001 - Mar 2022
Domestic Credit Growth (%) 7.3 Mar 2022 monthly Dec 2002 - Mar 2022
Household Debt (USD mn) 38,920.1 Dec 2021 quarterly Mar 2009 - Dec 2021
Total Loans (USD mn) 204,020.724 Feb 2022 monthly Mar 2008 - Feb 2022
Total Loans Growth (%) 5.50 Feb 2022 monthly Mar 2009 - Feb 2022
Private Debt: % of Nominal GDP (%) 48.59 Mar 2022 quarterly Dec 2001 - Mar 2022
DCS: LA: M4: M3: M2 (PHP mn) 14,597,723.853 Mar 2022 monthly Dec 2001 - Mar 2022
DCS: LA: M4: M3: M2: M1 (PHP mn) 6,283,157.885 Mar 2022 monthly Dec 2001 - Mar 2022
DCS: Domestic Claims (DC) (PHP mn) 14,872,558.468 Mar 2022 monthly Dec 2001 - Mar 2022
DCS: LA: M4: M3 (PHP mn) 15,243,735.260 Mar 2022 monthly Dec 2001 - Mar 2022
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 12.000 Apr 2022 monthly May 1986 - Apr 2022
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 1,976.127 Dec 2021 quarterly Mar 2009 - Dec 2021
CL: PBS: Real Estate: Residential (PHP bn) 890.466 Dec 2021 quarterly Mar 2009 - Dec 2021
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 11.6 Mar 2022 quarterly Jun 2002 - Mar 2022
Business Outlook: Index: Industry: Current Quarter (Point) 31.203 Mar 2022 quarterly Jun 2001 - Mar 2022
Business Outlook: Index: Services: Current Quarter (Point) 40.469 Mar 2022 quarterly Jun 2001 - Mar 2022
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

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