Philippines: Poverty at 1.90 USD per day
* indicates monthly or quarterly data series
| Philippines |
Poverty ratio, percent living on less than 1.90 USD a day |
|---|---|
| Latest value | 3.00 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2000 - 2021 |
| Average | 9.71 |
| Min - Max | 3.00 - 14.90 |
| Source | The World Bank |
The latest value from 2021 is 3 percent, unchanged from 3 percent in 2018. In comparison, the world average is 5.30 percent, based on data from 71 countries. Historically, the average for the Philippines from 2000 to 2021 is 9.71 percent. The minimum value, 3 percent, was reached in 2018 while the maximum of 14.9 percent was recorded in 2006.
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* indicates monthly or quarterly data series
Recent data
Definition: Poverty headcount ratio at $2.15 a day is the percentage of the population living on less than $2.15 a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| 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 |