Philippines: Poverty ratio

The latest value from 2021 is 18.1 percent, an increase from 16.7 percent in 2018. In comparison, the world average is 22.31 percent, based on data from 66 countries. Historically, the average for the Philippines from 2006 to 2021 is 22.73 percent. The minimum value, 16.7 percent, was reached in 2018 while the maximum of 26.6 percent was recorded in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.