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Philippines was first considered as one of the third world countries. But as time passes by, the country has developed and progressed its economy, earning many positive feedback from international firms that study local country economies and financial stability.

As of now, Philippines is seen as becoming the Tiger economy in Asia and continue to receive positive prediction from local and foreign investors.

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11y ago
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13y ago

It is an LEDC, or less economically developed country.

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Q: Is the Philippines a more developed country or a less developed country?
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Is Chile a more developed country or less developed country?

more developed country.


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MEDC becuase its more economic developed country.


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