Prosperity gap in Philippines

Philippines: Prosperity gap was 5.58 in 2023. ▼ Falling

Latest (2023)
5.58
Change on year
down 7.8%
World rank
30th
of 120 countries
All-time high
9.66
in 1985
All-time low
5.58
in 2023
Years of data
14
1985–2023

Prosperity gap in Philippines, 1985–2023

02468101985200420231985: 9.71988: 9.31991: 9.21994: 8.91997: 7.72000: 7.42003: 7.22006: 7.32009: 6.82012: 6.92015: 6.22018: 5.62021: 62023: 5.6

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Philippines recorded 5.58 for prosperity gap in 2023. That is the lowest value across all 14 years on record.

The figure is down 7.8% on the previous year and down 19.7% over ten years.

Over the whole period, prosperity gap in Philippines peaked at 9.66 in 1985 and was at its lowest, 5.58, in 2023.

That places Philippines 30th out of 120 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently falling across the 14 years of available data.

Prosperity gap in Philippines, year by year

Annual values for Prosperity gap in Philippines, 1985 to 2023.
Year Value Change
1985 9.66
1988 9.27 -4.0%
1991 9.17 -1.1%
1994 8.91 -2.8%
1997 7.72 -13.4%
2000 7.45 -3.5%
2003 7.2 -3.4%
2006 7.32 +1.7%
2009 6.75 -7.7%
2012 6.95 +2.9%
2015 6.24 -10.2%
2018 5.65 -9.5%
2021 6.05 +7.1%
2023 5.58 -7.8%

Philippines compared with similar countries

  • Philippines's 5.58 is above the median for upper middle income countries, which is 2.67, 2.1× the median. (35 countries reporting)
  • Philippines's 5.58 is above the median for East Asia & Pacific, which is 2.4, 2.3× the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 9.46 9.27 9.66 2
1990s 8.6 7.72 9.17 3
2000s 7.18 6.75 7.45 4
2010s 6.28 5.65 6.95 3
2020s 5.81 5.58 6.05 2

Countries ranked near Philippines

  1. 27 Honduras 6.24 compare
  2. 28 Guinea 5.72 compare
  3. 29 South Africa 5.7 compare
  4. 31 Mauritania 5.5 compare
  5. 32 India 5.36 compare
  6. 33 Laos 5.15 compare

See the full ranking of 120 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is prosperity gap in Philippines?
Prosperity gap in Philippines was 5.58 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest prosperity gap recorded in Philippines?
The highest recorded value was 9.66 in 1985.
What is the lowest prosperity gap recorded in Philippines?
The lowest recorded value was 5.58 in 2023.
How does Philippines rank for prosperity gap?
Philippines ranks 30th out of 120 countries with data for 2023.
Is prosperity gap rising or falling in Philippines?
Over the last ten years it is down 19.7%. The long-run trend across the full record is falling.
Where does this Philippines data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Prosperity gap. Statizoid updates them automatically from the source API.

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Prosperity gap in Philippines. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/prosperity-gap/philippines/

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About this data

Indicator
Prosperity gap
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Average factor by which incomes need to be multiplied to bring everyone to the prosperity standard of $28 per person per day.