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This was due to its global competitiveness score dropping by 0.3, from 62.1 to 61.9 this year while other countries improved their scores. Pernia said Manila would "do what is needed to recover and move further up." But a fragile regional peace is now under threat, warns Michael Hart, of IISS International Institute for Strategic Studies 22 May 2019 It also showed the Philippines as the fifth most competitive economy among the nine economies of the Association of Southeast Asian Nations (ASEAN). November 5, 2019 November 5, 2019 Rhoe Polloso. THE PHILIPPINES placed fifth among the nine economies of the Association of Southeast Asian Nations (ASEAN) covered by the Global Competitiveness Report 2018-2019, which measures a country’s standing using a set of criteria that determine level of productivity, and 56 th globally among 140 economies on the list. Global Competitiveness Index 2019. It ranked 64th out of 141 economies from 56th in 2018. The Philippines ranked 64th out of 141 countries in the 2019 Global Competitiveness Index, down by eight notches from the previous report. It dropped to 6th from 5th in the ASEAN Region, according to the 2019 Global Competitiveness Index. The Global Competitiveness Index 4.0 assesses the microeconomic and macroeconomic foundations of national competitiveness, which is defined as the set of … Josephus B. Jimenez (The Freeman) - December 27, 2019 - 12:00am (PNA) Related Stories The Philippines government and the Moro Islamic Liberation Front have pledged to bring an end to violence. Competitiveness Index in Philippines averaged 17.31 Points from 2007 until 2019, reaching an all time high of 62.13 Points in 2018 and a record low of 3.90 Points in 2010. WEF’s Global Competitiveness Index released by partner … The Philippines ratings in 2019 global economic competitiveness WHAT MATTERS MOST - Atty. The Philippines placed 56th globally among 140 countries in the latest Global Competitiveness Report 2018-2019 of the World Economic Forum. 18 October 2018 — The World Economic Forum (WEF) released the Global Competitiveness Report 2018-2019 16 October 2018. The Philippines got a score of 62.1 from 61.9 in the previous year. Global competitiveness rank of Philippines increased from 60 rank in 2017 to 62 rank in 2019 growing at an average annual rate of 1.74%. Almost all pillars dipped in its ranks despite the Philippines maintaining its overall score of 62/100. Image Credit to World Economic Forum. (Source: World Economic Forum) Hong Kong climbed four places to third globally and second in Asia. However, it scores 124th on the Freedom of Press Index. AFTER figuring as one of the most-improved economies last year, the Philippines fell eight notches to 64 th out of 141 economies in the World Economic Forum’s Global Competitiveness Report 2019, the Makati Business Club (MBC) said in … Philippines scored 61.87 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. In 2019, global competitiveness rank for Philippines was 62 rank. The United States topped global rankings with a GCI score of 85.6, followed by Singapore with a score of 83.5. The Philippines ranked 56th out of 140 countries with a GCI score of 62.1. The report points out that Singapore should encourage entrepreneurship to ensure a long-lasting reign at the top. Asia-Pacific ranking – 2019 Global Competitiveness Report. 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