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Share of population in extreme poverty (1981–2019)
In 2021, official government statistics reported that the Philippines had a poverty rate of 18.1%,[1] (or roughly 19.99 million Filipinos), significantly lower than the 49.2 percent recorded in 1985 through years of government poverty reduction efforts.[2] From 2018 to 2021, an estimated 2.3 million Filipinos fell into poverty amid the economic recession caused by the COVID-19 pandemic.[3]
In 2018, the rate of decline of poverty has been slower compared with other East Asian Countries,[4] such as People's Republic of China (PRC), Thailand, Indonesia, or Vietnam. National Economic and Development Authority (NEDA) deputy director general Rosemarie Edillon attributed this to a generally low and stable inflation, improved incomes and higher employment rates during the period.[5] In 2022, the poverty situation in the Philippines has seen a steady ease[6]
Some of the many causes of poverty are bad governance, corruption, a political system dominated by political dynasties, vulnerability to environmental disasters, and the lack of available jobs.
^"Proportion of Poor Filipinos was Recorded at 18.1 Percent in 2021". Philippine Statistics Authority. August 15, 2022. Archived from the original on August 16, 2022. Retrieved November 8, 2022.
^Overcoming Poverty and Inequality in the Philippines; Past, Present, and Prospects for the Future (PDF). The World Bank (Report). p. 3. Archived from the original (PDF) on December 6, 2022. Retrieved April 2, 2023.
^Royandoyan, Ramon (August 15, 2022). "Pandemic pulls more Filipinos back to poverty in 2021". The Philippine Star. Archived from the original on August 15, 2022. Retrieved November 10, 2022.
^"Making growth work for the poor : a poverty assessment for the Philippines". World Bank Group. January 1, 2018. p. 26 – via documents.worldbank.org.
^"Poverty incidence drops to 21.6%". Philippine Daily Inquirer. October 28, 2016. Archived from the original on January 20, 2018.
^Staff, Governance (October 17, 2022). "WB: PH poverty level to ease to 17.1% in '22 -". Retrieved August 8, 2023.
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