{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"relative-poverty-share-of-people-below-40-of-the-median","source":"World Bank Poverty and Inequality Platform (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/relative-poverty-share-of-people-below-40-of-the-median","title":"Relative poverty: Share of population below 40% of the median","unit":"%"},"observations":[{"date":"1985-01-01","value":6.008},{"date":"1988-01-01","value":5.49179},{"date":"1991-01-01","value":7.194},{"date":"1994-01-01","value":7.625},{"date":"1997-01-01","value":7.7908},{"date":"2000-01-01","value":5.35135},{"date":"2003-01-01","value":6.20746},{"date":"2006-01-01","value":6.60358},{"date":"2009-01-01","value":5.67777},{"date":"2012-01-01","value":6.09359},{"date":"2015-01-01","value":5.56446},{"date":"2018-01-01","value":4.7182},{"date":"2021-01-01","value":5.01927},{"date":"2023-01-01","value":3.7858}],"summary":{"latest_period":"2023-01-01","latest_value":3.7858,"max":7.7908,"mean":5.93793,"min":3.7858,"of":120,"rank":89,"trend":"falling"}}