{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"poverty-headcount-ratio-at-4-20-a-day-2021-ppp-percent-of-population","source":"World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ","source_url":"https://data.worldbank.org/indicator/SI.POV.LMIC","title":"Poverty headcount ratio at $4.20 a day (2021 PPP) (% of population)","unit":"% of population"},"observations":[{"date":"1985-01-01","value":62.7},{"date":"1988-01-01","value":60.2},{"date":"1991-01-01","value":58.4},{"date":"1994-01-01","value":56.6},{"date":"1997-01-01","value":48.2},{"date":"2000-01-01","value":42.8},{"date":"2003-01-01","value":41.0},{"date":"2006-01-01","value":42.8},{"date":"2009-01-01","value":38.9},{"date":"2012-01-01","value":38.1},{"date":"2015-01-01","value":30.7},{"date":"2018-01-01","value":21.8},{"date":"2021-01-01","value":21.3},{"date":"2023-01-01","value":16.9}],"summary":{"latest_period":"2023-01-01","latest_value":16.9,"max":62.7,"mean":41.4571,"min":16.9,"of":123,"rank":34,"trend":"falling"}}