The Philippines Startup Ecosystem is a regional Leader in innovation, ranked at number 57 globally, and shows a negative momentum -5 spots since 2021. Philippines also ranks at number 6 for startups in South East Asia.
There are 6 cities ranked in the top 1,000 in Philippines and the top ranked city in Philippines is Manila Area at 100 globally. Manila Area is followed by Cebu City at 449 and Cagayan de Oro at 708. Philippines is an ideal place to locate for Energy & Environment, Fintech and Education startups. As the most popular industries in the country, there is a sample of 68 Energy & Environment startups in Philippines, 44 Fintech startups in Philippines and 34 Education startups in Philippines, on the StartupBlink Map. On the StartupBlink Global Startup Ecosystem Map there is a sample of 278 startups in Philippines, 22 accelerators in Philippines, 68 coworking spaces in Philippines, 5 organizations in Philippines and 1 leaders in Philippines.View top ecosystems:
Manila Area, Philippines
Cebu City, Philippines
Cagayan de Oro, Philippines
Naga, Philippines
Davao City, Philippines
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 |