Philippines

Ease of Doing Business in

Philippines

This page summarizes Doing Business 2013 data for Philippines. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region East Asia & Pacific
Income Category Lower middle income
Population 94,852,030
GNI Per Capita (US$) 2,210
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
138 136 down -2

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
51.7 51.4 down 0.3
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 161 158 up -3
Dealing with Construction Permits 100 101 up 1
Getting Electricity 57 53 up -4
Registering Property 122 120 up -2
Getting Credit 129 127 up -2
Protecting Investors 128 124 up -4
Paying Taxes 143 136 up -7
Trading Across Borders 53 56 up 3
Enforcing Contracts 111 109 up -2
Resolving Insolvency 165 166 up 1

Economy Profile

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Subnational Data


Resolving Insolvency

Info

The time and cost required to resolve bankruptcies is shown below. The data identifies weaknesses in existing bankruptcy law and the main procedural and administrative bottlenecks in the bankruptcy process. The recovery rate, expressed in terms of how many cents on the dollar claimants recover from the insolvent firm, is also shown.

DB 2013 Rank 165 DB 2012 Rank 166 Change in Rank up1
DB 2013 DTF** (% points) 6.2 DB 2012 DTF** (% points) 6.0 Improvement in DTF** (% points) up0.2
Indicator Philippines East Asia & Pacific OECD

The average time to close a business. Information is collected on the sequence of procedures and on whether any procedures can be carried out simultaneously.

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Time (years)
5.7 2.9 1.7

The average cost of bankruptcy proceedings. The cost of the proceedings is recorded as a percentage of the estate’s value.

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Cost (% of estate)
38 21 9
View methodology Outcome (0 as piecemeal sale and 1 as going concern)
0 0 1

The recovery rate calculates how many cents on the dollar claimants (creditors, tax authorities, and employees) recover from an insolvent firm.

View methodology
Recovery rate (cents on the dollar)
4.9 34.7 70.6

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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