BusinessWorld E-paper
June 15, 2022
THE PHILIPPINES climbed four spots in an annual global competitiveness report by Switzerland-based International Institute for Management Development
(IMD), due to the economy’s improved performance.
IMD’s 2022 World Competitiveness Yearbook ranked the Philippines 48th out
of 63 economies, from the 52nd spot out of 64 economies in 2021. This was the
Philippines’ highest ranking in two years or since placing 45th in 2020.
