Aperture

Country profile

Philippines

PHL · East Asia & Pacific · Lower middle income

43.7MERI readiness
57Global rank
461.6BGDP (2024)
115.8MPopulation (2024)

Key macro indicators

IndicatorYearValueSource
GDP (current USD)
NY.GDP.MKTP.CD · current USD		2024461,617,509,782.4WDI
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG · percent		20245.7WDI
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG · percent		20243.2WDI
Real GDP growth
NGDP_RPCH · percent		20286.1IMF_WEO
Population, total
SP.POP.TOTL · people		2024115,843,670WDI

GDP time series

2013 · 2014 · 2015 · 2016 · 2017 · 2018 · 2019 · 2020 · 2021 · 2022 · 2023 · 2024

MERI breakdown

  • Percentile 47.7
  • Coverage 100%
  • Imputed 1
  • Missing 0
PillarScore
Biz Entry
Components		48.5
Contract Enf
Components		62.9
Corruption
Components		33
Digital Infra
Components		13.6
FDIRRI
Components		35.7
Fin Access
Components		11.5
Human Cap
Components		68.9
IP Protect
Components		32.2
Labor
Components		67.5
LPI
Components		52.6
Security Rol
Components		32.2
Trade Open
Components		64.9
Data Confidence Score93
Market Infrastructure
Pillars		35.6
Regulatory Institutional
Pillars		46.6
Talent Operating
Pillars		50.4

Governance signals

Control of Corruption

CC.EST · 2024 · WGI

-0.6
Corruption Perceptions Index

TI.CPI.SCORE · 2025 · TI_CPI

32
Government Effectiveness

GE.EST · 2024 · WGI

0.1
Political Stability

PV.EST · 2024 · WGI

-0.8
Regulatory Quality

RQ.EST · 2024 · WGI

0.1
Rule of Law

RL.EST · 2024 · WGI

-0.6
Voice and Accountability

VA.EST · 2024 · WGI

-0.4

Source attribution

Sources represented in this country profile.

8 sources

IMF_WEO

International Monetary Fund · 6 indicators

IMF Terms of Use

SourceLicense

OECD

Organisation for Economic Co-operation and Development · 3 indicators

OECD Terms and Conditions

SourceLicense

IMF_FAS

International Monetary Fund · 2 indicators

IMF Terms of Use

SourceLicense

SOVEREIGN_RATINGS

Manual bridge · 2 indicators

Manual Source Terms

Full indicator table

Latest value per indicator with source and license hints.

100 rows
IndicatorCategoryYearValueSourceLicense
Domestic credit to private sector
FS.AST.PRVT.GD.ZS		finance202449.9WDICC BY 4.0
General government net lending/borrowing
GGXCNL_NGDP		fiscal2028-2.5IMF_WEOIMF Terms of Use
Control of Corruption
CC.EST		governance2024-0.6WGICC BY 4.0
Corruption Perceptions Index
TI.CPI.SCORE		governance202532TI_CPITransparency International Terms
Government Effectiveness
GE.EST		governance20240.1WGICC BY 4.0
Political Stability
PV.EST		governance2024-0.8WGICC BY 4.0
Regulatory Quality
RQ.EST		governance20240.1WGICC BY 4.0
Rule of Law
RL.EST		governance2024-0.6WGICC BY 4.0
Voice and Accountability
VA.EST		governance2024-0.4WGICC BY 4.0
Access to electricity (%)
EG.ELC.ACCS.ZS		infra202398WDICC BY 4.0
Fixed broadband subscriptions
IT.NET.BBND.P2		infra20247.1WDICC BY 4.0
Liner shipping connectivity index
IS.SHP.GCNW.XQ		infra202125.5WDICC BY 4.0
Logistics Performance Index
LP.LPI.OVRL.XQ		infra20223.3WDICC BY 4.0
Mobile cellular subscriptions
IT.CEL.SETS.P2		infra2024115.3WDICC BY 4.0
Aviation connectivity - number of partner countries
LPI2.AVIA_CONN		logistics2024104LPI2Modified BSD3
Aviation import dwell time, IQR
LPI2.AVIA_IQR_DAYS		logistics20248.8LPI2Modified BSD3
Aviation import dwell time, mean
LPI2.AVIA_MEAN_DAYS		logistics20242.6LPI2Modified BSD3
Aviation import dwell time, median
LPI2.AVIA_MED_DAYS		logistics20241LPI2Modified BSD3
B2B postal delivery time, IQR
LPI2.B2B_IQR		logistics202427.1LPI2Modified BSD3
B2B postal delivery time, mean
LPI2.B2B_MEAN		logistics202413.7LPI2Modified BSD3
B2B postal delivery time, median
LPI2.B2B_MEDIAN		logistics20247.2LPI2Modified BSD3
B2C postal delivery time, IQR
LPI2.B2C_IQR		logistics202419.9LPI2Modified BSD3
B2C postal delivery time, mean
LPI2.B2C_MEAN		logistics202417.8LPI2Modified BSD3
B2C postal delivery time, median
LPI2.B2C_MEDIAN		logistics20248.3LPI2Modified BSD3
Container export dwell time, IQR
LPI2.EXP_DWELL_IQR_DAYS		logistics20244.8LPI2Modified BSD3
Container export dwell time, mean
LPI2.EXP_DWELL_MEAN_DAYS		logistics20245.5LPI2Modified BSD3
Container export dwell time, median
LPI2.EXP_DWELL_MED_DAYS		logistics20245.1LPI2Modified BSD3
Container import dwell time, IQR
LPI2.IMP_DWELL_IQR_DAYS		logistics20245.3LPI2Modified BSD3
Container import dwell time, mean
LPI2.IMP_DWELL_MEAN_DAYS		logistics20246.6LPI2Modified BSD3
Container import dwell time, median
LPI2.IMP_DWELL_MED_DAYS		logistics20245.2LPI2Modified BSD3
Export supply chain initiation, mean
LPI2.SC_START_MEAN_DAYS		logistics20243.1LPI2Modified BSD3
Export supply chain initiation, median
LPI2.SC_START_MED_DAYS		logistics20242LPI2Modified BSD3
Import supply chain termination, mean
LPI2.SC_END_MEAN_DAYS		logistics20241.9LPI2Modified BSD3
Import supply chain termination, median
LPI2.SC_END_MED_DAYS		logistics20241.1LPI2Modified BSD3
Lead time to import, mean
LPI2.LEAD_TIME_MEAN_DAYS		logistics202417.2LPI2Modified BSD3
Lead time to import, median
LPI2.LEAD_TIME_MED_DAYS		logistics202411.7LPI2Modified BSD3
Maritime connectivity - number of partner countries
LPI2.MAR_CONN		logistics202418LPI2Modified BSD3
Number of alliances, mean
LPI2.ALLIANCE		logistics20240LPI2Modified BSD3
Number of services, mean
LPI2.MAR_SERV		logistics202481LPI2Modified BSD3
Number of transshipments, mean
LPI2.NUM_TRS_MEAN		logistics20240.5LPI2Modified BSD3
Postal connectivity B2B - number of partner countries
LPI2.B2B_CONN		logistics202476.5LPI2Modified BSD3
Postal connectivity B2C - number of partner countries
LPI2.B2C_CONN		logistics202475.5LPI2Modified BSD3
Time spent in transshipment, mean
LPI2.TRS_TIME_MEAN_DAYS		logistics20244.3LPI2Modified BSD3
Turnaround time at ports, IQR
LPI2.TRN_IQR_DAYS		logistics20240.7LPI2Modified BSD3
Turnaround time at ports, mean
LPI2.TRN_MEAN_DAYS		logistics20241.3LPI2Modified BSD3
Turnaround time at ports, median
LPI2.TRN_MED_DAYS		logistics20240.9LPI2Modified BSD3
Turnaround time at ports, TEU weighted mean
LPI2.TRN_TEUW_MEAN_DAYS		logistics20241.2LPI2Modified BSD3
Turnaround time at ports, TEU weighted median
LPI2.TRN_TEUW_MED_DAYS		logistics20241LPI2Modified BSD3
Central government debt (% of GDP)
GC.DOD.TOTL.GD.ZS		macro201443.4WDICC BY 4.0
Current account balance
BCA_NGDPD		macro2028-3IMF_WEOIMF Terms of Use
Current account balance (% of GDP)
BN.CAB.XOKA.GD.ZS		macro2024-4WDICC BY 4.0
GDP (current USD)
NY.GDP.MKTP.CD		macro2024461,617,509,782.4WDICC BY 4.0
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG		macro20245.7WDICC BY 4.0
GDP per capita (current USD)
NY.GDP.PCAP.CD		macro20243,984.8WDICC BY 4.0
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG		macro20243.2WDICC BY 4.0
Inflation rate
PCPIPCH		macro20283IMF_WEOIMF Terms of Use
Military expenditure (% of GDP)
MS.MIL.XPND.GD.ZS		macro20241.3WDICC BY 4.0
Official exchange rate
PA.NUS.FCRF		macro202457.3WDICC BY 4.0
Real GDP growth
NGDP_RPCH		macro20286.1IMF_WEOIMF Terms of Use
Total reserves (months of imports)
FI.RES.TOTL.MO		macro20247.3WDICC BY 4.0
Unemployment (% of labor force)
SL.UEM.TOTL.ZS		macro20252.2WDICC BY 4.0
Demographic and Urbanization Momentum
DEMOGRAPHICS		meri_opportunity202448.3WDICC BY 4.0
GDP Growth Trajectory
GDP_GROWTH		meri_opportunity202819.7IMF_WEOIMF Terms of Use
Import Demand
IMPORT_DEMAND		meri_opportunity202448.7WDICC BY 4.0
ATMs per 100,000 adults
FAS.ATMS_PER_100K		meri_readiness202427.8IMF_FASIMF Terms of Use
Basic Digital Infrastructure
DIGITAL_INFRA		meri_readiness202413.6WDICC BY 4.0
B-READY Business Entry score
B_READY.BUSINESS_ENTRY		meri_readiness202550.3B_READYWorld Bank Terms
B-READY Dispute Resolution score
B_READY.DISPUTE_RESOLUTION		meri_readiness202561B_READYWorld Bank Terms
B-READY International Trade score
B_READY.TRADE		meri_readiness202561.3B_READYWorld Bank Terms
B-READY Labor score
B_READY.LABOR		meri_readiness202570.4B_READYWorld Bank Terms
Commercial bank branches per 100,000 adults
FAS.BRANCHES_PER_100K		meri_readiness20248.1IMF_FASIMF Terms of Use
Contract Enforcement Reliability
CONTRACT_ENF		meri_readiness202561B_READYWorld Bank Terms
Corruption Risk
CORRUPTION		meri_readiness202532TI_CPITransparency International Terms
Financial System Accessibility
FIN_ACCESS		meri_readiness202411.5WDICC BY 4.0
Foreign Ownership Restrictions
FDIRRI		meri_readiness202464.3OECDOECD Terms and Conditions
General Business Entry Friction
BIZ_ENTRY		meri_readiness202550.3B_READYWorld Bank Terms
HDI Education sub-index
HDI.EDUCATION_INDEX		meri_readiness20230.7UNDP_HDIUNDP Terms
Hiring and Workforce Availability
LABOR		meri_readiness202565.1WDICC BY 4.0
Human Capital Quality
HUMAN_CAP		meri_readiness202568.9UNDP_HDIUNDP Terms
Intellectual Property Protection
IP_PROTECT		meri_readiness202432.2WGICC BY 4.0
Logistics Performance
LPI		meri_readiness202552.6LPI2Modified BSD3
OECD Services Trade Restrictiveness Index
OECD.STRI		meri_readiness20250.4OECDOECD Terms and Conditions
Personal Security and Rule of Law
SECURITY_ROL		meri_readiness202432.2WGICC BY 4.0
Trade Openness
TRADE_OPEN		meri_readiness202559.6OECDOECD Terms and Conditions
Inflation Stability
INFL_STAB		meri_risk202892IMF_WEOIMF Terms of Use
Sovereign credit rating score
RATING.SOV_CREDIT_SCORE		meri_risk202663.3SOVEREIGN_RATINGSManual Source Terms
Sovereign Credit Risk
SOV_CREDIT		meri_risk202663.3SOVEREIGN_RATINGSManual Source Terms
Adult literacy rate
SE.ADT.LITR.ZS		social202098.5WDICC BY 4.0
Age dependency ratio
SP.POP.DPND		social202450.1WDICC BY 4.0
Labor force participation rate
SL.TLF.CACT.ZS		social202561.4WDICC BY 4.0
Life expectancy at birth
SP.DYN.LE00.IN		social202469.9WDICC BY 4.0
Population growth (annual %)
SP.POP.GROW		social20240.8WDICC BY 4.0
Population, total
SP.POP.TOTL		social2024115,843,670WDICC BY 4.0
Urban population (% of total)
SP.URB.TOTL.IN.ZS		social202455.5WDICC BY 4.0
FDI net inflows (% of GDP)
BX.KLT.DINV.WD.GD.ZS		trade20242WDICC BY 4.0
High-technology exports (% of manufactured)
TX.VAL.TECH.MF.ZS		trade202461WDICC BY 4.0
Merchandise exports (current USD)
TX.VAL.MRCH.CD.WT		trade202472,984,000,000WDICC BY 4.0
Merchandise imports (current USD)
TM.VAL.MRCH.CD.WT		trade2024134,882,000,000WDICC BY 4.0
Tariff rate, applied, simple mean
TM.TAX.MRCH.SM.AR.ZS		trade20223.9WDICC BY 4.0
Trade (% of GDP)
NE.TRD.GNFS.ZS		trade202465.9WDICC BY 4.0
Philippines Market Profile | Aperture