Extreme poverty rate — all countries

Extreme poverty rate — Philippines

Extreme poverty rate in the Philippines in 2023 — 5.3%. Ranked 49 in the world out of 57. Since 1985, the indicator has fallen by 38 pp.

2023 5.3% −2.8 pp vs 2021
World rank 49of 57
Period maximum 43.3%1985
Period minimum 5.3%2023

Trend over time

1985–2023 · % of population

Extreme poverty rate — Philippines, 1985–20230204060198519891993199720012005200920132017202120231985: 43.3%1988: 41%1991: 40.6%1994: 38.8%1997: 30.7%2000: 25.9%2003: 24.3%2006: 26.1%2009: 22%2012: 21.3%2015: 14.6%2018: 8.3%2021: 8.1%2023: 5.3%
Change over the period: −38 pp Annual average: -1 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Philippines

Philippines 5.3%
World 10.6%
Extreme poverty rate — Philippines, by year Philippines All countries CSV XLSX
Year % Change, pp
2023 5.3
2021 8.1
2018 8.3
2015 14.6
2012 21.3
2009 22
2006 26.1
2003 24.3
2000 25.9
1997 30.7
1994 38.8
1991 40.6
1988 41
1985 43.3

South-Eastern Asia, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of the population whose consumption or income falls below the international extreme poverty line — $2.15 a day in 2017 prices at purchasing power parity. This is the very indicator by which the first UN Sustainable Development Goal is tracked. The line is revised as the PPP conversion factors are updated, so historical values are recalculated retrospectively.

Important: The estimates are built on household surveys held once every few years; between surveys the values are interpolated.

Source: World Development Indicators (World Bank), license CC BY 4.0.