Philippines vs Vietnam
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: Philippines ranks higher
Philippines scores 55/100 on our composite investment index, ahead of Vietnam at 54/100. 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
Vietnam leads
62
45
Political stability
Philippines leads
42
52
Business climate
52
55
Financial maturity
Philippines leads
52
72
Growth outlook
Vietnam leads
80
Macro snapshot
435
GDP (USD bn)
+5.0 bn
430
5.6%
GDP growth (%)
-0.9 pp
6.5%
$3,900
GDP per capita (USD)
-400.0
$4,300
5.3%
Inflation (%)
+1.8 pp
3.5%
2.5%
FDI (% of GDP)
-2.0 pp
4.5%
61%
Public debt (% of GDP)
+23.0 pp
38%
115
Population (M)
+15.0M
100
Philippines — strong sectors
- BPO & Services8.0% of GDP88
- Remittances9.0% of GDP82
- Manufacturing18.0% of GDP65
- Real Estate5.0% of GDP62
Vietnam — strong sectors
- Manufacturing33.0% of GDP85
- Electronics18.0% of GDP82
- Tourism7.0% of GDP72
- Agriculture12.0% of GDP68
Frequently asked
Which is better for investment: Philippines or Vietnam?
Our composite investment index gives Philippines a score of 55/100 and Vietnam a score of 54/100. Philippines 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 Vietnam?
Risk classification puts Philippines as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Vietnam as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Philippines or Vietnam?
Philippines is currently growing at 5.6% per year, vs 6.5% for Vietnam. Vietnam has the faster headline growth rate today.