The World Intellectual Property Organization (WIPO) reported that the Philippines climbed to 53rd place among 133 economies in the Global Innovation Index (GII), reflecting increased efforts to strengthen innovation.
In a statement, the National Economic and Development Authority (NEDA) said the jump from 56th place in 2023 exceeds the government's 2024 target of 54th rank, as outlined in the country’s six-year development plan.
The Philippines ranks 3rd out of 38 lower-middle-income economies, following India and Vietnam.
The country also retained its 5th position among ASEAN nations and was among the middle-income economies showing the most notable ranking improvements since 2013.
This data reflects the government's efforts in “fostering a culture of innovation and enhancing our competitiveness in both domestic and global markets,” NEDA Secretary Arsenio M. Balisacan said.
According to NEDA, despite a slight dip in Innovation Outputs (from 52nd to 53rd), the country leads globally in high-tech exports, especially in computers, scientific instruments, and electrical machinery.
In creative goods, the country ranks 14th, 19th in ICT service exports, and 34th in global brand value, reflecting its growing influence in international markets.
The Philippines also improved to 67th in the Innovation Inputs sub-index, ranking 4th in high-tech imports, 32nd in energy efficiency, and 28th in domestic market scale, indicating its growing economic potential.
NEDA, however, said the country needs to enhance its investment in research and development, human capital, and digital infrastructure to address challenges.
In these areas, the Philippines ranks lower, being 86th in researchers per million, 108th in pupil-teacher ratio, 105th in ICT access, and 94th in PCT patents.
To fill in the gaps, NEDA stated that the National Innovation Council (NIC), Department of Science and Technology (DOST), and Department of Trade and Industry (DTI) are launching initiatives such as a P100 million Innovation Fund, the Research and Development Leadership (RDLead) Program, and the "Malikhaing Pinoy" program to improve research, support micro, small, and medium enterprises (MSMEs), and empower the creative industries.
“With these ongoing efforts, we are well-positioned to further strengthen our global standing and contribute to our goal of a smart and innovative Philippines,” Balisacan said.
The GII, released annually by WIPO, assesses the innovation capabilities and performance of 133 economies globally. (Derco Rosal)