What percentage of the Philippines is in poverty?

Question

no specific region, just the country overall?!?

Answer 1

Filipino people are generally good person from my experience. Worth more than money.

Answer 2

2

Answer 3

During the 1990s, the Philippines made significant progress in fighting poverty. According to the Family Income and Expenditure Survey of 1997, poverty incidence fell from 49.3% of total population in 1985 to 40.6% in 1994 and 36.8% in 1997.

According to an ADB study conducted by Ernie Pernia and Arsenio Balisacan, however, the decline in poverty rates did nothing to improve the country's notoriously inequitable income distribution. Despite the more-or-less sustained economic growth from 1985 to 1997, the poorest 20% of the population only improved their income 0.5% for every 1% growth in average income. In other words, they slipped further behind and income inequality became even more extreme.

The absolute gains were attributable to rapid economic growth during the Ramos administration, increased foreign investment, relative political stability, and decent public sector revenues associated with the privatizations introduced as part of the FVR reform agenda. (see Globalization Part 1 and Globalization Part 2).

Although the Philippines escaped the Asian financial crisis in better shape than many of its neighbors, the crisis did have a significant impact, an impact exacerbated by the damage done to the agricultural sector by the El Niño phenomenon during 1997-98. Both urban and rural sectors were hard hit by rising prices and a weakened labor market, causing poverty to begin edging up again. These factors contributed to a major increase in the number of Filipinos earning less than $276 a year (considered the minimum required to meet basic living requirements here), from 27 million in 1997 to 31 million in 2000 (39.4% of the population)

Answer 4

The Philippines is not as poor as Zimbabwe, Ethiopia , East Timor, etc. etc... which all have poverty level of 50-80%.

Philippine poverty level according to the Senate economic planning (reported May 2005) was 30.4% as of last 2003.

Answer 5

It's been my personal observation that 6 out of 10 live in poverty.
There is a wide gap between the have's and have not's here. There are very few that would fall into a middle class here.

Answer 6

80% and still growing due to higher taxes, corruptions, no increase in wage for three years, high price of commodities, price of oil drastically increases weekly and unemployment. Rich people becomes richer and poor people getting poorer. So what else you could expect huh?

Answer 7

about 80%

Answer 8

It is safer to say maybe 1% is not in poverty.

Answer 9

20%!! Most people have access to clean water and trust me most are not that poor.

Most of these poor have college degrees!

Answer 10

close to 80%