As someone who lives in a low cost country: rubbish. There's a reason we're a lower cost.
1. We have a lower standard of education
2. We have a higher cost of technology (relative to average income)
3. We have a lower need for the luxury market where most technology resides
You can also look at the proportion of field leaders. Are more from the developed nations or the developing ones?
The developed nations had a headstart on technology, do you think the developing ones have overcome that, despite most of us going backwards in terms of access to education and the wealth gap?
Don't take it personally, I'm not trying to tell you that you're a bad developer. What I'm saying is we have to work harder to uplift our country's fields and not fall into the trap of "well I'm the biggest fish in this tiny pond so therefore I'm an equally big fish in the ocean". It does not work that way.