Philippine Economy

I think that Philippine Economy is improving. My mom said that Philippines are now on 43^rd largest economy in the world, I think? And maybe by 2050 it will make it to 14^th largest economy in the world.

All I know is the primary exports of Philippines are semiconductors and electronic products, petroleum products, coconut oil, and fruits. They made trade to some of the richest country in the world like USA, Japan and other country of Southeast Asian country. 

 

Well now I’m happy because our economy is increases but in so many years, I’m thinking that, if the Philippines are the 43^rd largest economy in the world and then where did the money go? Why it is there is no improvement in Philippines? Hmmmmm