ABOUT 63 percent of Filipino families rated themselves as “poor” in December 2024, the highest level since 64 percent in November 2003, according to the Social Weather Survey (SWS) on Wednesday. This marked a four-point increase from 59 percent in September 2024, with an estimated 17.
ABOUT 63 percent of Filipino families rated themselves as “poor” in December 2024, the highest level since 64 percent in November 2003, according to the Social Weather Survey on Wednesday.
Borderline families, who consider themselves between poor and not poor, dropped to 11 percent, a slight decrease from 13 percent in September and 12 percent in June 2024, following a sharp decline from 30 percent in March. In Mindanao, 9 percent were borderline, while 15 percent felt financially secure. Meanwhile, in Visayas, 15 percent were near-poor, and 11 percent considered themselves financially stable.
Self-Rated Food Poverty was highest in Mindanao at 68 percent, followed by the Visayas at 61 percent, Balance Luzon at 42 percent, and Metro Manila at 39 percent.
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