The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Philippines  
Rank: 52 · Score: 54.5  

Basic facts, 2020        
Population (millions) 109.6   IPOs and pulic issues (quartile) Top
GDP (US$ billions) 362.2   M&A volume (quartile) 3rd
GDP per capita (US$) 3,305.7   Venture capital investments (quartile) 3rd
GDP growth (per cent) -9.5   Private equity investments (quartile) Top
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 52 65, 71, 71, 70, 73 54.5
1 Economic Activity 21 106, 112, 104, 101, 104 84.5
2 Depth of Capital Market 33 93, 92, 91, 93, 92 70.7
3 Taxation 56 34, 32, 45, 55, 69 96.0
4 Investor Protection and Corporate Governance 100 26, 25, 27, 25, 25 49.3
5 Human and Social Environment 72 47, 49, 47, 57, 53 29.3
6 Entrepreneurial Opportunities 78 37, 40, 41, 39, 47 42.2


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Philippines  
Asia
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Russian Federation 88.3 71.7 91.4 62.3 36.7 69.6
Indonesia 89.2 76.3 76.1 54.7 28.4 47.7
Vietnam 85.2 71.9 96.3 51.2 27.3 50.4
Philippines 84.5 70.7 96.0 49.3 29.3 42.2
Kazakhstan 79.2 53.5 88.8 80.3 28.7 45.7
Pakistan 73.0 57.7 64.1 59.9 29.8 44.7
Sri Lanka 72.8 50.8 77.9 60.1 24.5 41.3
Last updated: 21 Jun 2021