3 Questions
What is the government's goal range for poverty incidence in the Philippines?
15.5% - 17.5%
What is the definition of poverty according to the Philippine Statistics Authority?
The number of Filipinos whose per capita income is insufficient to cover their basic dietary and non-nutritional needs
What is President Ferdinand Marcos Jr.'s goal for poverty reduction in the Philippines by 2028?
9%
Study Notes
- 2.3 million people fell into poverty in the Philippines between 2018 and 2021 due to the pandemic-induced economic slowdown.
- 20 million people, or 18.1% of the population, lived in poverty in 2021, beyond the government's goal range of 15.5%–17.5%.
- President Ferdinand Marcos Jr. wants to reduce poverty to 9% by 2028.
- The government plans to focus on reopening the economy, investing in human capital and social security, and restructuring production sectors for high-quality employment and competitive goods.
- The Economic Planning Secretary believes poverty incidence can be reduced by 5 percentage points by midterm and another 4 percentage points by 2028.
- The Philippine Statistics Authority defines poverty as the number of Filipinos whose per capita income is insufficient to cover their basic dietary and non-nutritional needs.
- Prior to the pandemic, six million Filipinos had been lifted out of poverty in 2018.
- Rising inflation is a challenge to achieving the poverty reduction goal.
- The PSA produces data on poverty every three years.
- The pandemic was a major factor in the increase in poverty in the Philippines.
Take this quiz to test your knowledge about poverty in the Philippines. Learn about the latest statistics, government targets, and initiatives to reduce poverty. Discover the impact of the pandemic and rising inflation on poverty incidence. Keywords: poverty, Philippines, pandemic, government targets, inflation, statistics.
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