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The Philippines: Market outlook

The Philippines is an island nation with 105 million people, the second largest population in the Asean region. The economy offers robust and high growth fuelled by a growing middle class, favourable demographics, and large infrastructure projects. With a yearly GDP growth between 6-7 percent, the Philippines is among the fastest growing economies globally. And, the economy is robust with 76+ consecutive quarters of growth.

The country is often referred to as a high risk market to do business in, but we believe the opportunities outpace the risks as long as a market entry is well prepared and well executed by focusing on best practise factors from leading companies. One of the most important factors is to be patient and long term thinking.

Business Sweden has in cooperation with the Swedish Embassy in Manila put together a report that gives valuable insights to the Philippine market.

Document information
Date: 22 Jan 2018
Size: 3.7 MB(pdf)