Income Inequality in Philippines
#27 of 106 in the Income Inequality progress rankings
Income Inequality, represented by the Gini Index on a 0 to 100 scale, reflects the distribution of income across a country. It reveals disparities in wealth and economic opportunity among citizens, thereby indicating potential social imbalance (lower is better).
Key insights
- From 1985 to 2023, Income Inequality changed by -1.7.
- Most recent year-over-year change (2021→2023): -1.4.
- Lowest level: 39.3 in 2023.
- Highest level: 47.7 in 2000.
Income Inequality Chart (1985–2023)
*Average based on available data from 193 UN member countries
Income Inequality Table (1985–2023)
| Year | Income Inequality |
|---|---|
| 1985 | 41.0 |
| 1988 | 40.7 |
| 1991 | 43.8 |
| 1994 | 42.9 |
| 1997 | 46.0 |
| 2000 | 47.7 |
| 2003 | 46.6 |
| 2006 | 47.2 |
| 2009 | 46.3 |
| 2012 | 46.5 |
| 2015 | 44.6 |
| 2018 | 42.3 |
| 2021 | 40.7 |
| 2023 | 39.3 |
Source: World Bank
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