(A Look at Select Economies in the Asia-Pacific)
The income growth of the Philippines’ poorest population between 2015 and 2021 averaged 2.98%, based on the latest update of the World Bank’s Global Database of Shared Prosperity. This was faster than the country’s total population income growth of 0.79% during the five-year period. This infographic shows the annualized average growth rate in per capita consumption or income of the bottom 40%, the median, and the total population over a five-year period in select economies in the Asia-Pacific.
