Is the Philippines a 3rd world country?

As of now Yes! Compared to the quality of life in other developed Asian countries, such as Japan, S. Korea, China or other Western countries such as the US, Canada, etc. the quality of life of the people in this country is still very poor and needs to be improved. With a large percentages living in shacks or homeless(living in cemeteries, under bridges etc).

The country also doesn't have the middle class,and it only has the rich and the poor and 32.9 percent of its population are below the poverty line.