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India vs Philippines
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Which country is more developed, India or the Philippines?
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Which country is more developed, India or the Philippines?
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Despite their distance and many dissimilarities, India and Philippines have much in common. They are both developing, densely populated countries, with a history of colonization (British in India, Spain and then US in Philippines). Both have utilized their proficiency in English language for economic benefits, and remittances from overseas workers. Philippines has also benefited from being part of the East Asian manufacturing supply chain. In terms of safety, India (3.24) has a far lower murder rate than Philippines (9.84). In terms of political development, India is ahead by a reasonable distance. As the World Bank governance indicators above show, India is significantly superior to the Philippines in the presence of rule of law, and control of corruption. Both countries have similar measures on freedom of expression, and government effectiveness. Philippines is only ahead on regulatory quality, a consequence of India’s complicated law making environment. In terms of economic development, India is currently quite a bit ahead. India’s exports are more diversified than those of the Philippines, including automobile parts, pharmaceuticals and software. Philippines is heavily reliant on electronics exports, but is near the bottom of the East Asian supply chain. One way to realize this is by looking at the profiles of Indian and Filipino companies: Automobiles: India has a wide range of auto companies, Tata Motors (revenue $42 billion), Mahindra ($13 b), Bajaj Auto ($ 3.5 b) and Ashok Leyland ($2.5 b) among others produce a wide range of vehicles ranging from passenger cars, SUVs, trucks to tractors. Philippines doesnt appear to have any notable automotive companies.Pharmaceuticals: Again, India has many pharmaceutical companies with revenues in excess of billion. In fact, the country has the most FDA approved pharmaceutical manufacturing plants outside the US, and is currently the largest pharmacy exporter to the US. See here: FDA publishes List of GMP facilities producing for the US market (generic drug products and APIs) Philippines appears to have no notable pharmaceutical companies.Software/IT services: Indian companies in this field (most with revenues in excess of $ 10 b) are numerous. Infosys, Wipro, HCL, TCS in the IT services sector are particularly well known. India is less prominent in the product sector, but even here companies like Zoho, Quick Heal and InMobi are among the better known ones. The only notable Filipino software company I could find was Jinisys.Electronics manufacturing: Here Philippines has an edge, with a number of OEMs involved in assembly and manufacturing.Philippines is also more dependent on imports, especially food than India is, resulting in higher food prices. For every dollar of food that India imports, it exports $ 1.2 worth of food (net food exporter), whereas for every dollar of food that Philippines exports, it only exports $ 0.59 of food (net food importer). See here: Where Farmers Live and Which Countries Don’t Have Enough This implies less inflation and lower cost of living in India: Cost of Living Comparison Between So all in all, India is a better developed country than the Philippines, as of today.
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When we say developed countries, it's all about on how develop is the country in terms of economy, education, healthcare, infrastructure, transportation, standard of living and many more. The number of export in automobile and pharmaceutical isn't the basis on how developed is the country. Singapore is very developed country but they don't export mostly in pharmaceutical or even automobile. The major basis of development of the countries are the following below: GDP per capita – India is larger than the Philippine economy in both nominal and PPP but in terms of PER CAPITA the Philippines is higher than India in both nominal and PPP. Philippines – $3,541 in nominal GDP as of 2018. India – $2,134 in nominal GDP as of 2018 Philippines – $9,862 in PPP as of 2018 India – $7,783 in PPP as of 2018 Human development index – Both Philippines and India is low in the ranking. Philippines – 0.699 as of 2018 India – 0.640 as of 2018 Philippines is a little bit higher than India. Investment is important to all countries in the world because the more investment it will help to boost the economy by means of getting tax for it. Best country to invest in Philippines – Rank 1 India – Rank 9 For additional information, Philippines is one of the lower middle income country in Asia together with India, Vietnam, and Bangladesh but by the of year 2019 Philippines is expected to become an UPPER MIDDLE COUNTRY together with China, Thailand and Malaysia. Philippines is one of the NEXT UPPER MIDDLE COUNTRY in Asia. Upper middle country should have GNI per capita from $3,895 to $12,235. Brazil – is an upper middle income country with GNI per capita of $8,580 as of 2017. Russia – is an upper middle income country with GNI pet capita of $9,230 as of 2017. Philippines – turning to an upper middle income country with GNI per capita of $3,660 as of 2017. China – is an upper middle income country with $8,690 as of 2017. South Africa – is an upper middle country with $5,430 as of 2017. Philippines has already surpassed India as the largest BPO industry.