Philippines ranked 74th in Travel & Tourism Competitiveness Report of WEF

The World Economic Forum released its biennial Travel & Tourism Competitiveness Report with Philippines placed in the middle of 141 economies. Spain, France, Germany, United States, United Kingdom, Switzerland, Australia, Italy, Japan and Canada were listed in the top ten. Philippines ranked 74th.

Travel & Tourism Competitiveness Index has four subindexes, 14 pillars, and 90 individual indicators measuring “factors and policies that enable the sustainable development of the Travel & Tourism sector, which in turn, contributes to the development and competitiveness of a country.”

The report shows that Philippines is among the best in terms of Policy and Enabling Conditions sub-index (17) which covers government prioritization of travel and tourism industry (28), international openness (29), price competitiveness (24) and environmental sustainability (122). Under price competitiveness, the country ranked 12 in ‘ticket taxes and airport charges’ indicator. In ‘visa requirements’ indicator Philippines ranked 2.

In sub-index: Enabling Environment the country ranked 90 which covers business environment (60), safety and security (128), health and hygiene (91), human resources and labour market (62) and information communications technology readiness (86). Under safety and security, the country ranked 136 in terrorism incidence indicator.

In Infrastructure sub-index, Philippines was placed at 82 covering air transport infrastructure (67), ground and port infrastructure (93) and tourist service infrastructure (82). Under tourist service infrastructure, the country ranked 131 in ‘hotel rooms’ indicator.

For Natural and Cultural Resources sub-index, the country was ranked 56 which involves natural resources (49) and cultural resources and business travel (62). Under natural resources, Philippines ranked 18 in ‘number of World Heritage natural sites number of sites’ indicator.

View full report from WEF.