Philippines vs Singapore
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax — to help you decide where to invest, incorporate, or relocate.
Overall: Singapore ranks higher
Singapore scores 92/100 on our composite investment index, ahead of Philippines at 55/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
58
Economic strength
Singapore leads
95
45
Political stability
Singapore leads
98
52
Business climate
Singapore leads
96
55
Financial maturity
Singapore leads
88
72
Growth outlook
72
Macro snapshot
435
GDP (USD bn)
+38.0 bn
397
5.6%
GDP growth (%)
+2.1 pp
3.5%
$3,900
GDP per capita (USD)
-61100.0
$65,000
5.3%
Inflation (%)
+3.0 pp
2.3%
2.5%
FDI (% of GDP)
-22.6 pp
25.1%
61%
Public debt (% of GDP)
-73.0 pp
134%
115
Population (M)
+109.1M
5.9
Philippines — strong sectors
- BPO & Services8.0% of GDP88
- Remittances9.0% of GDP82
- Manufacturing18.0% of GDP65
- Real Estate5.0% of GDP62
Singapore — strong sectors
- Trade & Logistics25.0% of GDP94
- Financial Services18.0% of GDP90
- Technology12.0% of GDP88
- Manufacturing21.0% of GDP82
Frequently asked
Which is better for investment: Philippines or Singapore?
Our composite investment index gives Philippines a score of 55/100 and Singapore a score of 92/100. Singapore ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is Philippines a safer market than Singapore?
Risk classification puts Philippines as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Singapore as safe (Strong fundamentals, stable governance, favorable investment climate).
Which has higher GDP growth: Philippines or Singapore?
Philippines is currently growing at 5.6% per year, vs 3.5% for Singapore. Philippines has the faster headline growth rate today.