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Share of population in extreme poverty (1981–2019) In 2023, official government statistics reported that the Philippines had a poverty rate of 15.5%, [1] [2] (or roughly 17.54 million Filipinos), significantly lower than the 49.2 percent recorded in 1985 through years of government poverty reduction efforts. [3]
In addition, in 2007, an absolute poverty incidence of 13.2 percent—higher than Indonesia's 7.7 and Vietnam's 8.4 percent—was recorded, illustrating the unequal distribution of wealth and corruption that inhibits the growth and development of the Philippines.
As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions." [11] "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 ...
This is a list of regions and provinces of the Philippines by poverty rate as of 2021. The international poverty rate used by the World Bank is used in the following list. The national poverty rate of the Philippines was estimated to be at 22.4% in early 2023.
This is a list of regions and provinces of the Philippines by Human Development Index (HDI) as of 2024. [1] The HDI is a statistic composite index of life expectancy, education (mean years of schooling completed and expected years of schooling upon entering the education system), and per capita income indicators, which is used to rank countries into four tiers of human development.
"If food inflation had been lower, of course the reduction in poverty could be much, much bigger," National Statistician Dennis Mapa told a news conference. Philippines poverty rate at 15.5% in ...
The Philippines' average annual population growth rate is decreasing, [475] although government attempts to further reduce population growth have been contentious. [476] The country reduced its poverty rate from 49.2 percent in 1985 [477] to 18.1 percent in 2021, [478] and its income inequality began to decline in 2012. [477
March 28 - In Manila, a hostage crisis took place in front of Manila City Hall where an armed civil engineer Armando 'Jun' Ducat and an accomplice, Cesar Carbone took hostage of 26 day-care students and 4 teachers from Musmos Daycare Center (owned by the hostage-taker), who demanded the government to provide free education to daycare students and housing for their families in Parola Compound ...