According to the International Monetary Fund for 2021, the Philippines’ economy is the world’s 27th largest by nominal GDP and Asia’s 10th largest. The Philippines is one of Southeast Asia’s developing markets, with the third-biggest GDP nominal behind Thailand and Indonesia.
The battle between India and the Philippines is becoming more intense as India struggles to maintain leadership amidst the Philippines’ aggressive industry’s continued growth. It’s vital to examine the similarities and contrasts between the industries of these two countries for organizations intending to outsource their business services.
Manpower- The Philippines’ wealth of highly educated personnel is one of the reasons why firms prefer it to India. According to the United Nations Development Program, the Filipino workforce has a literacy rate of 93.4 percent, while Indians have only a 61 percent literacy rate.
Language- Providing exceptional customer support to customers all over the world necessitates excellent communication abilities, particularly in English. Poor English communication skills lead to unpleasant talks, irritated customers, and a loss of business for the company. In this scenario, the Philippines outperform India because of the latter’s thick and difficult-to-understand British English accent. Filipinos who speak English as a second language have a neutral accent that is preferred by most Western countries.
Culture- Filipinos are naturally hospitable, service-oriented, and responsive, all of which are desirable qualities in a customer service environment. In comparison to India, the Philippines have had stronger relations with the Western world, notably with Americans, for a longer length of time. This is already ingrained in their culture, as evidenced by the clothes they wear, the food they eat, and the movies and TV shows they watch. Filipinos are better able to connect and relate to Westerners as a result of this.
What attracts Filipinas?
Filipinas adore a man who isn’t hesitant to show his vulnerable side. They want a man who isn’t afraid to be vulnerable with his spouse and isn’t afraid to express affection or ask for it when it’s needed.
Is the Philippines one of Asia’s poorest countries?
In both 2005 and 2010, the Philippines was the fourth poorest country in Southeast Asia on the food-security-adjusted line, with Indonesia fifth-poorest in 2005 and Vietnam third-poorest in 2010.
India poorer than the Philippines:
India’s per capita GDP is roughly one-fourth that of China, whereas the Philippines’ GDP is roughly one-third that of China. The Philippines is a developing country with a history of being a Third World country. The infant mortality rate is high, while the GDP per capita is poor. Many of its residents do not have access to health care or higher education. China is a developing country that is a member of the BRICS group.
Is India the poorest?
Two-thirds of India’s population lives in poverty and 68.8% survive on less than $2 a day. The Indian subcontinent is thus one of the poorest countries in the world. With the worst implications for women and children who constitute the weakest components of Indian society.