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Philippines Improves to 51st in Global Competitiveness Ranking

6/18/2025

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Story summary
  • The Philippines rose to 51st in the 2025 IMD World Competitiveness Ranking, improving from 52nd in 2024.
  • It ranked 33rd in economic performance but dropped to 60th in infrastructure and 51st in government efficiency.
  • Key challenges include tackling inflation, enhancing education, and upgrading digital infrastructure.
  • Taiwan secured 6th place, benefiting from robust economic performance fueled by strong technology exports.