As of June 2021, about 35 percent of startups in the Philippines were engaged in digital services. In addition, 19 percent were in the fintech industry and seven percent were in e-commerce. Establishing startups is a relatively young industry in the Philippines although government support in recent years had been boosting its growth.
Distribution of startups in the Philippines as of June 2021, by industry
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Share of startups
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Department of Trade and Industry (Philippines). (January 4, 2022). Distribution of startups in the Philippines as of June 2021, by industry [Graph]. In Statista. Retrieved July 05, 2024, from https://www.statista.com/statistics/1342108/philippines-startups-share-by-industry/
Department of Trade and Industry (Philippines). "Distribution of startups in the Philippines as of June 2021, by industry." Chart. January 4, 2022. Statista. Accessed July 05, 2024. https://www.statista.com/statistics/1342108/philippines-startups-share-by-industry/
Department of Trade and Industry (Philippines). (2022). Distribution of startups in the Philippines as of June 2021, by industry. Statista. Statista Inc.. Accessed: July 05, 2024. https://www.statista.com/statistics/1342108/philippines-startups-share-by-industry/
Department of Trade and Industry (Philippines). "Distribution of Startups in The Philippines as of June 2021, by Industry." Statista, Statista Inc., 4 Jan 2022, https://www.statista.com/statistics/1342108/philippines-startups-share-by-industry/
Department of Trade and Industry (Philippines), Distribution of startups in the Philippines as of June 2021, by industry Statista, https://www.statista.com/statistics/1342108/philippines-startups-share-by-industry/ (last visited July 05, 2024)
Distribution of startups in the Philippines as of June 2021, by industry [Graph], Department of Trade and Industry (Philippines), January 4, 2022. [Online]. Available: https://www.statista.com/statistics/1342108/philippines-startups-share-by-industry/