FOUR INDICATORS OF COMPETITIVENESS

1 Economic Dynamism

• Size and growth of the local economy (as measured through business registrations, capital, revenue, and permits)

• Capacity to generate employment

• Cost of living

• Cost of doing business

• Financial deepening

• Productivity

• Presence of business and professional organizations

2 Government Efficiency

• Capacity of health services

• Capacity of schools

• Security

• Business registration efficiency

• Compliance to Business Permits and Licensing System standards

• Presence of Investment Promo- tions Unit

• Compliance to national directives for local government units (LGU)

• Ratio of LGUs’ collected tax to LGU revenues

• Most Competitive LGU awardee

• Social protection

3 Infrastructure

• Existing road network

• Distance from city/municipality center to major ports

• Department of Tourism-accredited accommodations

• Availability of basic utilities

• Annual investments in infrastructure

• Connection of information and communication technology

• Number of public transportation vehicles

• Health infrastructure

• Education infrastructure

• Number of ATMs

4 Resiliency

• Organization and Coordination: Land Use Plan, Disaster Risk Reduction Plan, Annual Disaster Drill, and Early Warning System

• Resiliency Financing: Budget for Disaster Risk Reduction and Management Plan

• Resiliency Reports: Local Risk Assessments

• Resiliency Infrastructure: Emergency Infrastructure and Utilities

• Resilience of System: Employed Population and Sanitary System Source: Department of Trade and Industry