Philippines improves in Logistics Performance Index
The Philippines’ overall score improved by 0.4 point to 3.3 out of 5 in the the seventh edition of Logistics Performance Index (LPI) published by the World Bank. This put the economy at the 43rd out of 139 economies, leaping by 17 notches from 60th place in 2018. The index measures the speed of trade with indicators derived from big datasets tracking shipments.
