Philippines lags in national technological strength list

The Philippines fell by seven notches to 61st out of 64 within the 2022 version of most technologically superior nations rating by worldwide journal World Finance. The report ranks a rustic’s technological energy throughout 4 metrics: web customers as a share of a rustic’s inhabitants; LTE customers as a share of the inhabitants; IMD World Competitiveness Heart’s Digital Competitiveness Rating; and share of a rustic’s analysis and improvement spending to its financial output. Amongst 11 East and Southeast Asia nations included within the report, the Philippines ranked second lowest, forward solely of Mongolia (63rd).