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A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)
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.
In Canada, an analogous experiment called Mincome took place in Winnipeg and Dauphin, Manitoba, between 1974 and 1979.Importantly, the city of Dauphin served as a saturation site, since all 10,000 community members were eligible to participate (the elderly and disabled were exempt from the four American NIT experiments); four foci of Mincome were an economic arm (examining labour response), a ...
The national poverty rate of the Philippines was estimated to be at 22.4% in early 2023. This was the share of the Population whose per capita income was not sufficient to meet the basic food and non-food needs.
However, income tax also becomes a factor to income inequality because according to the Tax Management Association of the Philippines, Filipino workers pay the highest income tax in the entire Association of South-East Asian Nations (ASEAN) region. [69] An average Filipino worker is taxed 32% as long as he is earning more than the minimum wage.
Poverty contributes to increased health expenditure. "It was estimated that in 2007, increasing the income of people in the lowest income quintile in Ontario to a level comparable to those in the second quintile would reduce health-care expenditures by $2.9 billion provincially and $7.6 billion federally." [13]
Real median household income rose to $80,610 in 2023, up 4.0% from 2022, back to the peak reached in 2019, while earnings for workers as a whole were higher than before the pandemic, a boost to ...
The Low Income Measure (LIM), a relative measure of low income, identifies a household as low income if the household income is less than 50% of median household income. [54] Advantages to the use LIM is the availability of LIM data going back to 1976 and the widespread use of this measure by other countries, which makes it useful for comparing ...