{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"palma-ratio-wb","source":"World Bank Poverty and Inequality Platform (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/palma-ratio-wb","title":"Palma ratio","unit":null},"observations":[{"date":"1985-01-01","value":1.97845},{"date":"1988-01-01","value":1.92283},{"date":"1991-01-01","value":2.28398},{"date":"1994-01-01","value":2.17469},{"date":"1997-01-01","value":2.53363},{"date":"2000-01-01","value":2.13841},{"date":"2003-01-01","value":2.00312},{"date":"2006-01-01","value":2.14487},{"date":"2009-01-01","value":2.02924},{"date":"2012-01-01","value":2.0786},{"date":"2015-01-01","value":1.88365},{"date":"2018-01-01","value":1.65823},{"date":"2021-01-01","value":1.61076},{"date":"2023-01-01","value":1.45743}],"summary":{"latest_period":"2023-01-01","latest_value":1.45743,"max":2.53363,"mean":1.99271,"min":1.45743,"of":120,"rank":51,"trend":"falling"}}