The Startup Ecosystem of Philippines

The Philippines boasts 6 cities in the top 1000 and is one of South East Asia’s best countries for setting up a startup.

COUNTRY RANKING

Since 2022, The Philippines lost 5 spots in the Global Startup Ecosystem Index, having now positioned itself as 57th worldwide.

Population

115.6
Million

Regional Ranking

6th
-
1
In South East Asia

Global Ranking

57th
-
5
Worldwide

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ECOSYSTEM

Browse the startup ecosystem database of Philippines

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Ecosystem

The Startup Ecosystem in Philippines

Our startup ecosystem map for The Philippines includes a sample of 280 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations.

Global Rank

The Philippines is ranked within the top 100 startup ecosystems globally.

Top Industries

The Philippines’s startup scene is best represented in Education, Energy & Environment, and in and Foodtech.

Top Cities for Startups in Philippines - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change â–Č
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
100th
-
13
7.327
1.61
3.87
1.85
2nd
0
449th
-
181
0.915
0.25
0.07
0.59
3rd
0
708th
-
215
0.364
0.10
0.03
0.24
4th
new
952nd
new
0.177
0.05
0.01
0.12
5th
-
1
959th
-
173
0.175
0.03
0.03
0.11
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Startups

Notable Startups in Philippines
PayMaya startup icon
PayMaya
Coins.ph startup icon
Coins.ph
GrowSari startup icon
GrowSari

Startups

Successful Education startups in Philippines
LearnTalk startup icon
LearnTalk
OrangeApps startup icon
OrangeApps
Edukasyon.ph startup icon
Edukasyon.ph

Startups

Startups Ranking by Industry

Education icon
Education
#38 worldwide

On our map, you can explore a total of 69 startups for Education.

Energy & Environment icon
Energy & Environment
#41 worldwide

In South East Asia, The Philippines' Energy & Environment is in top 41. The Philippines has a concentration of about 44 of the region's total Energy & Environment startups that are represented on our map.

Foodtech icon
Foodtech
#44 worldwide

The Philippines' Foodtech is ranked 44th in the world. Our database contains 36 for this industry.

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Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, [
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Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide.  StartupBlink’s GSEI is based on an elaborate algorithm [
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Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population [
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