Manila Area boasts 209 startups in our sample database which represents about 74% of The Philippines’s sampled startups. Manila Area is the highest-ranked startup ecosystem in The Philippines.
While Manila Area decreased by 13 spots in its global rank in the Global Startup Ecosystem Index of 2022, its ranking in The Philippines remained stable at 1 nationally since 2021.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Manila Area is ranked within the top 150 startup ecosystems globally.
Manila Area’s startups excel particularly in Hardware & IoT where it ranks 48 and in Education, and Fintech. Find out more
2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business 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 |
On our map, you can explore a total of 27 startups for Hardware & IoT.
In South East Asia, Manila Area's Education is in top 55. Manila Area has a concentration of about 0% of the country's total Education startups that are represented on our map.
Fintech is ranked 62nd in the world. Our database contains 14 startups for this industry.
Within Manila Area there is an increased attraction for entrepreneurs to set up their startups in industries such as Hardware & IoT, Education, Fintech. These three industries represent about 28% of the startups represented on the Startup Ecosystem Map of Manila Area.
Manila Area is The Philippines' 1st best startup ecosystem and is ranked 5th in South East Asia. With a population of 0.1M - 0.5M people, Manila Area is ranked th in the world. The city boasts some notable startup success stories including PayMaya.
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