Philippines

East Asia & PacificUpper middle incomeISO PHL

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New business density

0.51

per 1,000 adults · 2024

Global rank #151 · East Asia & Pacific #23/29

New business registrations

39,146

companies / year · 2024

Global rank #41 · East Asia & Pacific #12/29

New business density over time

Country context

Employers

2.5

% of employment · 2025

GDP per capita

$4,171

current US$ · 2025

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<iframe src="https://entrpr.com/embed/philippines.html" width="440" height="180" style="border:0;overflow:hidden" title="Philippines entrepreneurship rate by entrpr.com" loading="lazy"></iframe>

Sources

New business density: World Bank, IC.BUS.NDNS.ZS
New business registrations: World Bank, IC.BUS.NREG
Employers: World Bank, SL.EMP.MPYR.ZS
GDP per capita: World Bank, NY.GDP.PCAP.CD

All figures are the most recently reported year for Philippines. Data licensed CC BY 4.0. Last refreshed 01 July 2026.