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Is the Philippines a poor country?

Updated: 11/4/2022
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Wiki User

6y ago

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  1. Well,not really.most people are middle class but some are poor
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Wiki User

13y ago
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CleoKhloe Derla

Lvl 2
1y ago

No, its kind of a popular country in my opinion.

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Q: Is the Philippines a poor country?
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The impact taxes have on the poor in the Philippines is holding the poverty rate at a higher percentage and slowing the economic growth of the country.


Is Philippines a rich country or poor country?

The Philippines is considered a developing country with a mixed economy. While it has a growing economy and a young workforce, there is still a significant wealth disparity among its population. Factors such as corruption, underemployment, and inadequate infrastructure contribute to the country's poverty challenges.


Is Philippines a rich country in Asia?

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Why is it that the Philippines is rich in minerals yet remain a poor country?

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Cause and effect of graft and corruption in the philippines?

In general, nations that are poor are more prone to graft and corruption. Being a relatively poor country, the Philippines finds itself in a corrupt situation. Poverty breeds more graft and corruption.


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What is the code of the Philippines?

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Can you describe the Philippines?

well i can describe Philippines as a really poor country and they are a third world country. third world means that they don't have good resources like us the poor have to find water, they have to live on the streets, they don't have i pads, i pods and all those other gadgets like us we just have to respect all those other differences we have from them.


What is the rank of the Philippines from one of the poor countries in the world?

The Philippines is often considered a lower-middle-income country according to World Bank classifications. While poverty remains a significant issue, the country has made progress in recent years in terms of economic development and poverty reduction efforts.