Starting a business - Score in Philippines

Philippines: Starting a business - Score was 71.28 in 2019. ▲ Rising

Latest (2019)
71.28
Change on year
up 2.9%
World rank
169th
of 188 countries
All-time high
71.28
in 2019
All-time low
62.27
in 2003
Years of data
17
2003–2019

Starting a business - Score in Philippines, 2003–2019

0204060802003201120192003: 62.32004: 62.92005: 63.52006: 63.82007: 63.32008: 63.92009: 62.62010: 63.82011: 662012: 66.12013: 66.22014: 67.22015: 67.62016: 67.62017: 64.22018: 69.32019: 71.3

Source: World Bank.

Analysis

In 2019, starting a business - score in Philippines stood at 71.28. That is the highest value across all 17 years on record.

That represents a change of up 2.9% on the previous year and up 13.8% over ten years.

Over the whole period, starting a business - score in Philippines peaked at 71.28 in 2019 and was at its lowest, 62.27, in 2003.

That places Philippines 169th out of 188 countries with data for 2019, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 63.19 62.27 63.87 7
2010s 66.91 63.75 71.28 10

Countries ranked near Philippines

  1. 166 Ethiopia 71.7 compare
  2. 167 Uganda 71.38 compare
  3. 168 Honduras 71.36 compare
  4. 170 South Sudan 71.01 compare
  5. 171 West Bank and Gaza 70.19 compare
  6. 172 Micronesia, Fed. Sts. 69.61 compare

See the full ranking of 190 places →

More private sector data for Philippines

All data for Philippines →

Frequently asked questions

What is starting a business - score in Philippines?
Starting a business - score in Philippines was 71.28 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Philippines?
The highest recorded value was 71.28 in 2019.
What is the lowest starting a business - score recorded in Philippines?
The lowest recorded value was 62.27 in 2003.
How does Philippines rank for starting a business - score?
Philippines ranks 169th out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Philippines?
Over the last ten years it is up 13.8%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from the World Bank, published as part of Starting a business - Score. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Starting a business - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.