The startup ecosystem in the Philippines was valued at around 2.1 billion U.S. dollars in 2021, a significant increase from the previous year's total value of 584 million U.S. dollars. Despite being fairly young in comparison to its neighboring countries, the startup landscape in the Philippines had shown great potential in recent years in terms of its value, deals made, and the number of local startups being established.
Total value of the startup ecosystem in the Philippines in 2020 and 2021
(in million U.S. dollars)
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Value in million U.S. dollars
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Department of Trade and Industry (Philippines). (June 15, 2022). Total value of the startup ecosystem in the Philippines in 2020 and 2021 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 05, 2024, from https://www.statista.com/statistics/1344638/philippines-startup-ecosystem-value/
Department of Trade and Industry (Philippines). "Total value of the startup ecosystem in the Philippines in 2020 and 2021 (in million U.S. dollars)." Chart. June 15, 2022. Statista. Accessed July 05, 2024. https://www.statista.com/statistics/1344638/philippines-startup-ecosystem-value/
Department of Trade and Industry (Philippines). (2022). Total value of the startup ecosystem in the Philippines in 2020 and 2021 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 05, 2024. https://www.statista.com/statistics/1344638/philippines-startup-ecosystem-value/
Department of Trade and Industry (Philippines). "Total Value of The Startup Ecosystem in The Philippines in 2020 and 2021 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Jun 2022, https://www.statista.com/statistics/1344638/philippines-startup-ecosystem-value/
Department of Trade and Industry (Philippines), Total value of the startup ecosystem in the Philippines in 2020 and 2021 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1344638/philippines-startup-ecosystem-value/ (last visited July 05, 2024)
Total value of the startup ecosystem in the Philippines in 2020 and 2021 (in million U.S. dollars) [Graph], Department of Trade and Industry (Philippines), June 15, 2022. [Online]. Available: https://www.statista.com/statistics/1344638/philippines-startup-ecosystem-value/