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8/8/2019 India vs Philippines Profile
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Philippines Profile
Population of 98 Million.
Philippines is one of the 10 largest outsourcingcountries (Fourth).
Total Workforce :- 37.9 million Expenditures on Education :- 2.5 % of GDP
Adult Literacy :- 93.4 % of population
It is the third largest English speaking population inthe world.
The country's per capita income from 2006 to 2008was at USD $3,100, $3,200, and $3,300 respectively.
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GDP Growth of Philippines
Gross Domestic Product :- $ 166.9 Billion
Economic growth has averaged 5% since 2001.
In 2007, the economy accelerated and grew at7%.
Slowed down to 3.8% with the worldwide
economic downturn.
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Philippines in Outsourcing
The Philippines is one of the most cost effective
locations for IT.
Web Design, Software Development, Animation
and BPO (Voice and Non-voice) in the world.
(IT & BPO) :- $ 9,000 Million Dollars.
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India Profile
Population of 1,156.9 million.
India is ranked First in outsourcing countries.
Total Workforce :- 467 million Adult Literacy :- 66 % of population.
It has largest English speaking population in
the world (19 % of Population). Expenditures on Education :- 4.4 % of GDP
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GDP Growth ofIndia
Gross Domestic Product :- $ 1,217.5 Billion.
Since 1990 the country has seen rapid
economic growth typically in the 7-8% range. The expected Growth in this Fiscal is around
8.5 %.
It is expected that
India will be able to achieveDouble Digit Economic Growth by 2011-2012.
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India in Outsourcing
India is the leading country for offshore outsourcing.
IT and BPO export sector grew to $47 billion.
America and Europe are the largest customers for theIndian outsourcing industry.
IT and BPO Industries employed about 2.2 million peoplein 2009.
The largest sectors in Outsourcing are :-
Financial Services - 41%,
High-Tech/Telecom- 20% Manufacturing - 17%
Retail - 8%.
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INDIA v/s PHILIPINNES
Parameters INDIA PHILIPINNES
Software Engineer / Web
Developer
11 % of US 9.5 % of US
Senior
S
oftwareE
ngineer /Web Developer
2
9.6 % of US22
% of US
IT Project Manager 29.9 % of US 26 % of US
Junior BPO Resource 10 % of US 8.7 % of US
Skilled BPO Resource 21.2 % of US 14 % of US
Operations Manager 27 % of US 26 % of US
Customer Service
Representative
17 % of US 17 % of US
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INDIA v/s PHILIPINNES
Parameters INDIA PHILIPINNES
Customer Service
Manager
23 % of US 23 % of US
Office Occupancy Cost(CBD) 61.9 $/sf/yr
23.6 $/sf/yr
Office Occupancy Cost
(Suburbs)
15.3 $/sf/yr -
Corporate Tax Rates 34 % 30 %
Indirect Tax Rates 12.5 % 12 %
SMBEffective Tax Rate 64.7 % 49.4 %
Annual University
Graduates
2,700 Thousands 410 Thousands
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INDIA v/s PHILIPINNES
Parameters INDIA PHILIPINNES
Internet Access 6.9 users per 100
inhabitants
6.2 users per 100
inhabitants
Broadband Internet
Access
0.4 subscribers per 100
inhabitants
0.5 subscribers per 100
inhabitants
Economic
Competitiveness
4.3 GCI score 3.9 GCI score
Macroeconomic Stability 4.2 GCI Score 4.5 GCI Score
Quality of Roads 3.1 index (1-7) 2.8 index (1-7)
Quality ofElectric Supply 3.2 index (1-7) 4 index (1-7)
Mobile Phone Penetration 29.4 subscriptions per 100
inhabitants
75.4 subscriptions per 100
inhabitants
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INDIA v/s PHILIPINNES
Parameters INDIA PHILIPINNES
Rigidity ofEmployment 30 Index (0-100) 29 Index (0-100)
Cost of Firing Employees 56 Weeks of salary 91 Weeks of Salary
Overall Ease of Doing
Business
133 Rank (1-183) 144 Rank (1-183)
Complexity ofStarting a
Business
30 Days to register a start-up 52 Days to register a start-up
Complexity of Paying
Taxes
271 Hours Per Year 195 Hours Per Year
Corruption Perceptions 3.4 CPI index 2.4 CPI index
Procedures to Enforce
Contracts
46 Number 37 Number
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INDIA v/s PHILIPINNES
Parameters INDIA PHILIPINNES
Time to Enforce Contracts 1,420 Days 842 days
Cost to Enforce Contracts 39.6 % of claim 26 % of claim
Intellectual Property
Protection
3.6 Index (1-7) 2.9 index (1-7)
Software Piracy 68 % 69 %