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Philippines—Poverty at $3.00/day (2021 PPP, %)

Category: Poverty & InequalitySource: World Bank World Development Indicators ↗Global Rank: #35 of 115Series years: 2000–2023
Latest Value
5.3%
2023
Global Rank
#35
of 115 countries
Maximum
26.1%
2006
Minimum
5.3%
2023
CAGR
-6.7%
9 years
Last
5.3%
Previous
—
Highest
26.1%
Lowest
5.3%
Unit
% of population
Source
World Bank World Development Indicators

Philippines's poverty at $3.00/day (2021 PPP, %) was 5.3% in 2023, ranking #35 out of 115 countries. Over the past 9 years, the highest recorded value was 26.1% (2006) and the lowest was 5.3% (2023). Data sourced from the World Bank World Development Indicators.

Philippines — Poverty at $3.00/day (2021 PPP, %): 5.3 % of population for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20235.3%-34.6%
20218.1%-2.4%
20188.3%-43.2%
201514.6%-31.5%
201221.3%-3.2%
200922.0%-15.7%
200626.1%+7.4%
200324.3%-6.2%
200025.9%

Top Countries — Poverty at $3.00/day (2021 PPP, %)

#CountryValueYear
1Congo, Dem. Rep.85.3%2020
2Mozambique81.4%2022
3Burundi74.2%2020
4Zambia71.7%2022
5Central African Republic71.6%2021
6Madagascar69.2%2021
7Niger60.5%2021
8Kenya45.5%2022
9Burkina Faso42.1%2021
10Nigeria41.8%2022
View all 115 countries →

About This Indicator

Definition

Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.

Methodology

Original contributors: 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 economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org., World Bank (WB), uri: http://pip.worldbank.org, note: Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database.

Unit

% of population

Source: World Bank (World Development Indicators)Available series: 2000–2023View original source →