How does extreme monetary poverty compare to multidimensional poverty? in Philippines
Philippines: How does extreme monetary poverty compare to multidimensional poverty? was 11.5% in 2023. ▼ Falling
How does extreme monetary poverty compare to multidimensional poverty? in Philippines, 1985–2023
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2023, how does extreme monetary poverty compare to multidimensional poverty? in Philippines stood at 11.5%. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 26.5% on the previous year and down 53.8% over ten years.
Over the whole period, how does extreme monetary poverty compare to multidimensional poverty? in Philippines peaked at 43.3% in 1985 and was at its lowest, 11.5%, in 2023.
That places Philippines 29th out of 120 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 42.2% | 41.0% | 43.3% | 2 |
| 1990s | 36.7% | 30.7% | 40.6% | 3 |
| 2000s | 26.6% | 23.4% | 28.8% | 4 |
| 2010s | 19.1% | 13.4% | 24.9% | 3 |
| 2020s | 13.6% | 11.5% | 15.7% | 2 |
Countries ranked near Philippines
More poverty & inequality data for Philippines
- Number of income/consumption surveys in the past decade available via the World Bank 3 surveys (2025)
- Fertility rate vs. share living in extreme poverty 1.92 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 3,869 kg per hectare (2023)
- Tax revenue as share of GDP vs. income inequality 14.1% (2023)
- Gender Inequality Index 0.351 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 14.2% (2023)
- Lifespan inequality: Gini coefficient in women 0.1239 (2023)
- Lifespan inequality: Gini coefficient by sex 0.1239 (2023)
- Lifespan inequality: Gini coefficient in men 0.1481 (2023)
- Income inequality: Atkinson index 0.2356 (2023)
Frequently asked questions
- What is how does extreme monetary poverty compare to multidimensional poverty? in Philippines?
- How does extreme monetary poverty compare to multidimensional poverty? in Philippines was 11.5% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest how does extreme monetary poverty compare to multidimensional poverty? recorded in Philippines?
- The highest recorded value was 43.3% in 1985.
- What is the lowest how does extreme monetary poverty compare to multidimensional poverty? recorded in Philippines?
- The lowest recorded value was 11.5% in 2023.
- How does Philippines rank for how does extreme monetary poverty compare to multidimensional poverty??
- Philippines ranks 29th out of 120 countries with data for 2023.
- Is how does extreme monetary poverty compare to multidimensional poverty? rising or falling in Philippines?
- Over the last ten years it is down 53.8%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of How does extreme monetary poverty compare to multidimensional poverty?. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Percentage of population living in households with an income or consumption below $3 per day.