Philippines: Top 10 percent income share
* indicates monthly or quarterly data series
| Philippines |
Percent income earned by the top 10 percent of earners |
|---|---|
| Latest value | 31.60 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1985 - 2023 |
| Average | 34.66 |
| Min - Max | 31.60 - 37.70 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2023 is 31.6 percent, a decline from 32.5 percent in 2021. In comparison, the world average is 27.45 percent, based on data from 57 countries. Historically, the average for the Philippines from 1985 to 2023 is 34.66 percent. The minimum value, 31.6 percent, was reached in 2023 while the maximum of 37.7 percent was recorded in 2000.
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* indicates monthly or quarterly data series
| Recent values | Philippines: Top 10 percent income share |
|---|---|
| 2023 | 31.60 |
| 2021 | 32.50 |
| 2018 | 33.50 |
| 2015 | 34.90 |
| 2012 | 36.30 |
| 2009 | 36.30 |
| 2006 | 36.60 |
| 2003 | 36.60 |
Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 39.30 | 2023 | index points |
| Poverty ratio | 15.50 | 2023 | percent |
| Poverty at 1.90 USD per day | 5.30 | 2023 | percent |
| Poverty at 5.50 USD per day | 58.70 | 2023 | percent |
| Top 10 percent income share | 31.60 | 2023 | percent |