Based on the latest index released by global remittance provider Remitly on Monday, June 1, the Philippines placed 67th out of 82 countries with an overall score of 32.7 out of 100.

The ranking put the Philippines behind all other Southeast Asian countries covered by the study. Singapore emerged as the region’s top performer at 18th place globally with a score of 53.5, followed by Thailand at 37th with 43.4, Malaysia at 48th with 39.6, and Indonesia at 61st with 34.3. Singapore was deemed the safest country in the world.

The report evaluated countries using 34 metrics covering healthcare, economic opportunity, environment, family support, income, safety, transportation, banking access, cost of living, and energy security.

Despite its low overall ranking, the Philippines stood out in one labor market indicator. Remitly’s data showed the country ranked sixth globally among countries with the lowest unemployment rate, contributing to its relatively strong unemployment score of 32.2.

The country also performed relatively well in world happiness, scoring 78.9, and total banking access, with a score of 45.

However, these strengths were offset by weaker performances across several key categories.

For instance, the Philippines scored negative two in political stability.

Globally, Switzerland topped the index with an overall score of 60.8, followed by Iceland at 60.2, Luxembourg at 60.1, Australia at 59, and Germany at 58.7.

According to Remitly, the index was designed to help prospective migrants evaluate destinations based not only on employment opportunities but also on broader quality-of-life considerations, including healthcare, safety, family support, infrastructure, environmental quality, and financial inclusion.