Philippines: Poverty at 5.50 USD per day
* indicates monthly or quarterly data series
| Philippines |
Poverty ratio, percent living on less than 5.50 USD a day |
|---|---|
| Latest value | 55.30 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2000 - 2021 |
| Average | 63.09 |
| Min - Max | 53.50 - 68.80 |
| Source | The World Bank |
The latest value from 2021 is 55.3 percent, an increase from 53.5 percent in 2018. In comparison, the world average is 25.11 percent, based on data from 71 countries. Historically, the average for the Philippines from 2000 to 2021 is 63.09 percent. The minimum value, 53.5 percent, was reached in 2018 while the maximum of 68.8 percent was recorded in 2000.
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* indicates monthly or quarterly data series
Recent data
Definition: Poverty headcount ratio at $6.85 a day is the percentage of the population living on less than $6.85 a day at 2017 international prices.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 40.70 | 2021 | index points |
| Poverty ratio | 18.10 | 2021 | percent |
| Poverty at 1.90 USD per day | 3.00 | 2021 | percent |
| Poverty at 5.50 USD per day | 55.30 | 2021 | percent |
| Top 10 percent income share | 32.50 | 2021 | percent |