Poverty and inequality remain pressing issues in the Philippines, affecting millions of lives. While progress has been made, with poverty rates falling from 49.2% in 1985 to 16.7% in 2018, the situation remains complex. The COVID-19 pandemic further exacerbated these problems, pushing the national poverty rate to 18.1% in 2021. Life in the Philippines is…
Tag: Poverty in the Philippines
The Impact of Social Inequality on Philippine Life
Social inequality has long been a pressing issue in the Philippines, shaping the lives of millions. Income inequality remains one of the most significant challenges, with the top 1% of earners capturing 17% of the national income, while the bottom 50% shares just 14%. This disparity is reflected in the country’s Gini coefficient of 42.3%,…