Home / News / PH poverty level drops to 10.9% in 2023

PH poverty level drops to 10.9% in 2023

Metro Manila, Philippines — Poverty incidence in the country declined by two points to 10.9% in 2023, a biennial survey by the statistics agency showed.

This rate is lower than the 13.2% logged in 2021, the Philippine Statistics Authority said in a press briefing on Thursday, Aug. 15.

The data translates to 2.99 million Filipinos with inadequate income to meet food and basic needs.

The poverty threshold is P13,873 per month for a family of five.

This is a developing story. Please refresh page for updates.