Income share held by highest 20% in Philippines
Philippines: Income share held by highest 20% was 46.9% in 2023. ▬ Flat
Income share held by highest 20% 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 20% in Philippines stood at 46.9%. That is the lowest value across all 14 years on record.
The figure is down 2.3% on the previous year and down 11.0% over ten years.
Over the whole period, income share held by highest 20% in Philippines peaked at 53.7% in 2000 and was at its lowest, 46.9%, in 2023.
Philippines ranks 26th of 121 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 48.0% | 47.8% | 48.1% | 2 |
| 1990s | 50.7% | 49.5% | 52.1% | 3 |
| 2000s | 53.0% | 52.5% | 53.7% | 4 |
| 2010s | 51.0% | 49.2% | 52.7% | 3 |
| 2020s | 47.5% | 46.9% | 48.0% | 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 20% in Philippines?
- Income share held by highest 20% in Philippines was 46.9% 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 20% recorded in Philippines?
- The highest recorded value was 53.7% in 2000.
- What is the lowest income share held by highest 20% recorded in Philippines?
- The lowest recorded value was 46.9% in 2023.
- How does Philippines rank for income share held by highest 20%?
- Philippines ranks 26th out of 121 countries with data for 2023.
- Is income share held by highest 20% rising or falling in Philippines?
- Over the last ten years it is down 11.0%. 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 20%. 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. Percentage shares by quintile may not sum to 100 because of rounding.