Poverty gap at $4.20 a day (2021 PPP) in Philippines
Philippines: Poverty gap at $4.20 a day (2021 PPP) was 3.7% in 2023. ▼ Falling
Poverty gap at $4.20 a day (2021 PPP) 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. Measured in %.
Analysis
In 2023, poverty gap at $4.20 a day (2021 ppp) in Philippines stood at 3.7%. That is the lowest value across all 14 years on record.
That represents a change of down 30.2% on the previous year and down 70.6% over ten years.
Over the whole period, poverty gap at $4.20 a day (2021 ppp) in Philippines peaked at 25.5% in 1985 and was at its lowest, 3.7%, in 2023.
Philippines ranks 38th of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.6% | 23.8% | 25.5% | 2 |
| 1990s | 21.4% | 17.8% | 23.8% | 3 |
| 2000s | 14.4% | 12.9% | 15.3% | 4 |
| 2010s | 9.0% | 5.4% | 12.6% | 3 |
| 2020s | 4.5% | 3.7% | 5.3% | 2 |
Countries ranked near Philippines
- 36 Bangladesh 4.3% compare
- 37 Tajikistan 4.1% compare
- 39 Peru 3.3% compare
- 40 Indonesia 3.2% compare
- 41 El Salvador 3.1% compare
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 gap at $3.00 a day (2021 PPP) 1.0% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 5.3% (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)
- Population living in slums 35.9% (2022)
- Income share held by second 20% 10.7% (2023)
- Gini index 39.3 (2023)
Frequently asked questions
- What is poverty gap at $4.20 a day (2021 ppp) in Philippines?
- Poverty gap at $4.20 a day (2021 ppp) in Philippines was 3.7% 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 poverty gap at $4.20 a day (2021 ppp) recorded in Philippines?
- The highest recorded value was 25.5% in 1985.
- What is the lowest poverty gap at $4.20 a day (2021 ppp) recorded in Philippines?
- The lowest recorded value was 3.7% in 2023.
- How does Philippines rank for poverty gap at $4.20 a day (2021 ppp)?
- Philippines ranks 38th out of 121 countries with data for 2023.
- Is poverty gap at $4.20 a day (2021 ppp) rising or falling in Philippines?
- Over the last ten years it is down 70.6%. 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. 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 Poverty gap at $4.20 a day (2021 PPP) (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty gap at $4.20 a day (2021 PPP) is the mean shortfall in income or consumption from the poverty line $4.20 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence.