Poverty Rate 2024 In The Philippines. The federal world bank has projected the poverty rate with a fall of 17.8% in 2021 to 13.7 percent in 2023, and 10.70 percent in 2024. Philippines poverty rate for 2021 was 55.30%, a 55.3% increase from 2020.
The federal world bank has projected the poverty rate with a fall of 17.8% in 2021 to 13.7 percent in 2023, and 10.70 percent in 2024. Manila, philippines — the new administration is aiming to reduce the country’s poverty rate to nine percent by the end of president ferdinand marcos jr.’s term in 2028.