The Philippines is ranked as one of the top remote work hubs in the world, Malacañang said.
Citing a post from the World Economic Forum, the Palace said the country is among the 10 fastest-growing remote work hubs in the world, based on the Nomad list.
In the Nomad List, a platform where over 10,000 members log where they are working, the Philippines was ranked as the 7th fastest growing remote work hubs this year.
Tracking the country’s five-year growth from 2018 to 2022, the Philippines posted +78-percent growth.
For 2023, it recorded +60-percent growth based on 10 months of data while last year, it posted +1,183-percent growth.
In the listing, destinations are ranked by growth rates of check-ins made by tens of thousands of Nomad List members using live data analyzing 299,498 check-ins. The primary rank is the most recent growth in check-ins.
The growth numbers give travelers and workers an idea of the fastest growing remote work hubs and also show the current rank on Nomad List so they can gauge the popularity of the place.
Nomad List finds them the best places in the world to live, work and travel as a remote worker, collecting millions of data points every second on thousands of cities around the world, from cost of living, temperature to safety.
The list put Ljubljana, Slovenia at 10th place; Ho Chi Minh City, Vietnam, 9th; Hanoi, Vietnam, 8th; Manila, Philippines, 7th; Montevideo, Uruguay, 6th; Penang, Malaysia, 5th; Kuala Lumpur, Malaysia, 4th; Seoul, South Korea, 3rd; and Danang, Vietnam.
Malacañang stressed that the Philippines is ideal for business due to its sustained economic growth rate, current bureaucratic reforms, and the administration’s infrastructure development and digitalization.