Philippines poverty rate for 2023 was 58.70%, a 3.6% decline from 2021.
Philippines poverty rate for 2021 was 62.30%, a 2.1% increase from 2018.
Philippines poverty rate for 2018 was 60.20%, a 5.6% decline from 2015.
Philippines poverty rate for 2015 was 65.80%, a 4.1% decline from 2012.
Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international 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.