BusinessWorld E-paper
September 14, 2022
THE PHILIPPINES’ economic freedom ranking dropped three places, amid lower scores for regulation and trade freedom in a global report measuring 2020 data.
The Philippines ranked 66th out of 165 economies in the Canadian conservative think tank Fraser Institute’s Economic Freedom Index for 2020 with a score of 7.09. The score is 0.25 point lower than its 7.34 score in the 2019 index.