Poverty and Inequality in the Philippines

What does a decrease in the Gini coefficient indicate in the context of income distribution?

What primary challenge has the agrarian reform program faced?

How do wealthy families contribute to the persistence of inequality?

What was the Gini coefficient of the Philippines in 2021?

What impact does the concentration of wealth have on social mobility?

How does poverty impact economic growth?

What is the Gini coefficient used to measure?

In the Philippines, what was the income ratio between the top 10% and the bottom 10% in 2023?

What effect can high levels of poverty have on social stability?

What proportion of the national income did the top 1% of earners in the Philippines contribute according to the 2022 report?

What trend was observed in the income of the poorest 30% of Filipinos from 2021 to 2023?

What does income inequality typically accompany?

What was the Gini coefficient status in the Philippines in 2022 within the context of East Asia?

Poverty and Inequality in the Philippines

Poverty hinders economic growth, limiting workforce participation, increasing public spending, and impacting consumer markets.
High poverty levels lead to social unrest and decreased social cohesion due to feelings of hopelessness and disenfranchisement.
Inequality refers to uneven income distribution. Greater inequality correlates with greater wealth inequality.
Gini coefficient measures income inequality (0 = perfect equality; 1 = perfect inequality). It measures disposable income or consumption, reflecting redistribution through taxes and transfers.
The Philippines (2022) ranked 15th out of 63 countries in income inequality. The top 1% earned 17% of the national income, while the bottom 50% earned 14%. This is high compared to other East Asian countries.

Income Inequality Trends (2018-2023)

Income of the richest 10% Filipinos was 7.6 times higher than the poorest 10% in 2023 (down from 9 times in 2021 and 10.1 times in 2018).
The poorest 30% of Filipinos experienced notable income gains from 2021 to 2023. The bottom 10% saw a 21.4% increase, while the second and third deciles saw increases of 19.4% and 18.3%, respectively.
The Philippines' Gini coefficient, a measure of income inequality, improved from 0.4368 in 2021 to 0.4185 in 2023, indicating a narrowing income gap.

Land Ownership and Inequality

Land ownership in the Philippines is often concentrated in the hands of a few elites, creating significant wealth disparity.
Agrarian reform programs aimed at redistributing land to landless farmers have faced implementation challenges due to resistance from influential elites.
Wealth concentration impacts social mobility, as wealthy elites can shape policies to their benefit.

Explore the complexities of poverty and income inequality in the Philippines through this quiz. Understand how high poverty levels affect economic growth and social cohesion, and learn about the Gini coefficient as a measure of inequality. Discover key trends from 2018 to 2023 regarding income distribution among Filipinos.