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  • Writer's pictureBy The Financial District

25.4 Million Filipinos Rated Poor --- PSA

The Philippine Statistics Authority (PSA) has revealed that 25.4 million Filipinos do not earn enough to provide for their basic food and non-food needs.


For the first six months of the year, 22.4 percent of Filipinos have per capita income that cannot buy enough food for the table or cover their non-food requirements.



According to their survey, the PSA found that, for the first six months of the year, 22.4 percent of Filipinos have per capita income that cannot buy enough food for the table or cover their non-food requirements.


This implies that a family of five does not earn the minimum of P13,797 each month for their food and non-food needs.



On average, a family of five members will need at least PhP13,797 per month to meet their minimum basic food and non-food needs in the first semester of 2023.


On the other hand, subsistence incidence among Filipinos, or the proportion of Filipinos whose income is not enough to buy even the basic food needs, was registered at 8.7 percent or about 9.79 million Filipinos in the first semester of 2023.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

The average monthly food threshold for a family of five in the same period was estimated at PhP 9,550.


Among families, the first semester of 2023 poverty incidence was estimated at 16.4 percent, equivalent to 4.51 million poor families. Meanwhile, the subsistence incidence among families was recorded at 5.9 percent or about 1.62 million food-poor families in the first semester of 2023.




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