New businesses registered in terms of a number of limited companies reached 15,161 firms in 2020 in Philippines, according to the National Statistical Office. This is 30.6% less than in the previous year.
Historically, new businesses registered in terms of a number of limited companies in Philippines reached an all time high of 24,379 firms in 2017 and an all time low of 11,435 firms in 2009.
Philippines has been ranked 51st within the group of 111 countries we follow in terms of new businesses registered in terms of a number of limited companies.
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