Philippines fourth lowest among its peers in global entrepreneurship list
The Philippines retained its ranking of 96th place out of 137 countries in the Global Entrepreneurship Index published by market research agency Opinium. With a score out of 100, where 100 means a country is most attractive, the Philippines scored 39.51, below the East Asia and the Pacific average of 60.32. It was also the fourth-lowest country among its peers in East and Southeast Asia. The index evaluates a country on how conducive and attractive it is to start and grow a business. At the same time, it scores each country in five key pillars: economic and financial access, human capital, connectedness, governance, and market potential.
