A World Bank study reveals that despite poverty reduction, wage inequality in the Philippines remains high due to slow growth ...

With an income Gini coefficient of 42.3 percent in 2018, the Philippines had one of the highest rates of income inequality in East Asia. “The Philippines aims to become a middle-class society free of ...

The Philippines' GNI rose to $4,470 in 2024 but remains short of upper-middle income status as inequality and political ...

In introductory remarks by Diop at the launch of the report on “Overcoming Poverty and Inequality in the Philippines” last year, he said: “… inequality is still very high: with an income ...

While improving, the country’s Gini index – a measure of income distribution resembling total equality (0) or total inequality (100) – is also elevated, standing at 42.2 in 2012 and 40.1 in 2015.

The Philippines has made gains in reducing poverty, but it is among the countries with the highest income inequality in East Asia, which the World Bank said could be addressed through policies ...

With an income Gini coefficient of 42.3 percent in 2018, the Philippines had one of the highest income inequality rates in East Asia. The wealthiest 1 percent of earners capture 17 percent of national ...

To this point, it has been China doing most of the reshuffling. Between 1988 and 2018, a working-class Italian, for instance, has seen his income fall by 17 percentiles in global terms.