Income share held by highest 10% in Philippines
Philippines: Income share held by highest 10% was 31.6% in 2023. ▬ Flat
Income share held by highest 10% in Philippines, 1985–2023
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.
Analysis
In 2023, income share held by highest 10% in Philippines stood at 31.6%. That is the lowest value across all 14 years on record.
That represents a change of down 2.8% on the previous year and down 12.9% over ten years.
Over the whole period, income share held by highest 10% in Philippines peaked at 37.7% in 2000 and was at its lowest, 31.6%, in 2023.
That places Philippines 23rd out of 121 countries with data for 2023, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.4% | 32.0% | 32.7% | 2 |
| 1990s | 34.9% | 33.6% | 36.3% | 3 |
| 2000s | 36.8% | 36.3% | 37.7% | 4 |
| 2010s | 34.9% | 33.5% | 36.3% | 3 |
| 2020s | 32.0% | 31.6% | 32.5% | 2 |
Countries ranked near Philippines
More poverty & inequality data for Philippines
- Poverty headcount ratio at $8.30 a day (2021 PPP) 58.7% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 16.9% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 5.3% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 1.0% (2023)
- Prosperity gap 4.4 average shortfall from a prosperity standard of $28/day (2023)
- Poverty gap at $8.30 a day (2021 PPP) 21.5% (2023)
- Poverty headcount ratio at societal poverty line 25.3% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 3.7% (2023)
- Population living in slums 35.9% (2022)
- Income share held by second 20% 10.7% (2023)
Frequently asked questions
- What is income share held by highest 10% in Philippines?
- Income share held by highest 10% in Philippines was 31.6% in 2023, according to 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.
- What is the highest income share held by highest 10% recorded in Philippines?
- The highest recorded value was 37.7% in 2000.
- What is the lowest income share held by highest 10% recorded in Philippines?
- The lowest recorded value was 31.6% in 2023.
- How does Philippines rank for income share held by highest 10%?
- Philippines ranks 23rd out of 121 countries with data for 2023.
- Is income share held by highest 10% rising or falling in Philippines?
- Over the last ten years it is down 12.9%. The long-run trend across the full record is flat.
- Where does this Philippines data come from?
- The figures come from 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, published as part of Income share held by highest 10%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.