THE LEGATUM PROSPERITY INDEX™ 2023

Advancing the understanding of what drives success in nations

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Over the past decade, Saudi Arabia’s (79th) prosperity has improved more than any other nation in the region, driven in large part by improvements in Education. Tertiary enrolment rates have more than doubled to 71%, while secondary enrolment rates are now over 96%, placing Saudi Arabia in the top 20 in the world.

Philippines

Ranked 84^th of 167

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Country Profile

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Ranks

84 th on the Legatum
Prosperity Index™

Safety & Security 146th

Personal Freedom 83rd

Governance 93rd

Social Capital 22nd

Investment Environment 82nd

Enterprise Conditions 71st

Infrastructure & Market Access 78th

Economic Quality 53rd

Living Conditions 109th

Health 96th

Education 86th

Natural Environment 71st

OVERALL PROSPERITY

Philippines is 84th in the overall Prosperity Index rankings. Since 2011, Philippines has moved up the rankings table by 4 places.

PILLAR RANKINGS

Philippines performs most strongly in Social Capital and Economic Quality but is weakest in Safety & Security. The biggest improvement compared to a decade ago came in Enterprise Conditions.

Visit our Rankings table to see how Philippines compares to other countries.

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How to read this graph:
When comparing multiple countries on a spider chart, data points that appear
further away from the center represent a better performance to the points that are closer to the center.

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Key Findings

Key Findings of The 2021 Prosperity Index

27 October, 2021

Having seen global prosperity improve steadily between 2015 and 2019, this year’s Legatum Prosperity Index finds that prosperity has plateaued for the second year running.

Global

News

Using the Prosperity Index – A Tool for Transformation

28 October, 2021

The Index has been designed to benefit a wide range of users, including political leaders, policymakers, investors, business leaders, philanthropists, journalists, and…

Global
News

Regional Analysis

Regional Analysis: The 2021 Index

27 October, 2021

The varying performance of the Index’s seven regions provide an illustration of how prosperity has plateaued. Five regions have experienced a deterioration in their prosperity…

Global

Spotlights

The principles of prosperity at a moment of global crisis

16 November, 2020

If this time is about anything, it is for each nation to decide its character and who it wants to be. The decisions we make now will create the foundation for our nations…