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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]
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.
In 2012, the unemployment rate went down to 4.6 percent after it being 5.0 percent in 2010. This translated to 48 thousand new jobs and was well above the target of 45 to 50 thousand new jobs per year. The underemployment rate eased to 26.2 percent in 2012 from 28 percent in 2010, but is still much higher than the end-of-plan target of 20 percent.
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 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 ...
This has further contributed to the overcrowding problem - from 2000 to 2010, Metro Manila's population increased by 1.93 million, and a further 1.02 million from 2010 to 2015. The city of Taguig in particular had the highest growth rate of 4.5% with a population of 804,915. [16]
According to Income, Poverty, and Health Insurance. The Great Recession officially ended in mid-2009, but a recent Census Bureau report shows that, for the average American family, the first full ...