The Philippines has one of the youngest populations in the world, with more than two-thirds under the age of 35. In recent years, the Philippines' economy has been helped by a stable macroeconomic environment, tax reforms, market liberalisation and brisk infrastructure spending. The country's economy grew 6.7 per cent last year and is on track for a similar pace in 2018, according to the IMF, World Bank and other forecasters.
Ranked 113 out of 190 economies (World Bank Doing Business 2018)
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