Philippines - Ease of doing business (the highest=the best)

62.8 (score) in 2020

In 2020, ease of doing business for Philippines was 62.8 score. Ease of doing business of Philippines increased from 58.2 score in 2016 to 62.8 score in 2020 growing at an average annual rate of 1.93%.

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What is Philippines ease of doing business?