Wealth share of the richest 1% in Philippines
Philippines: Wealth share of the richest 1% was 27.2% in 2024. ▼ Falling
Wealth share of the richest 1% in Philippines, 1820–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, wealth share of the richest 1% in Philippines stood at 27.2%.
That represents a change of up 1.3% on the previous year and down 10.3% over ten years.
Over the whole period, wealth share of the richest 1% in Philippines peaked at 43.8% in 1970 and was at its lowest, 25.9%, in 1950.
Philippines ranks 108th of 215 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Wealth share of the richest 1% in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1820 | 30.6% | — |
| 1850 | 33.1% | +8.3% |
| 1880 | 38.3% | +15.6% |
| 1900 | 37.6% | -1.8% |
| 1910 | 29.9% | -20.5% |
| 1920 | 38.2% | +27.9% |
| 1930 | 34.2% | -10.3% |
| 1940 | 41.4% | +20.8% |
| 1950 | 25.9% | -37.4% |
| 1960 | 32.2% | +24.1% |
| 1970 | 43.8% | +36.3% |
| 1980 | 27.9% | -36.4% |
| 1981 | 27.9% | +0.0% |
| 1982 | 27.9% | +0.0% |
| 1983 | 27.9% | +0.0% |
| 1984 | 27.9% | +0.0% |
| 1985 | 27.9% | +0.0% |
| 1986 | 27.1% | -2.9% |
| 1987 | 26.8% | -1.1% |
| 1988 | 26.6% | -0.7% |
| 1989 | 27.9% | +5.0% |
| 1990 | 28.8% | +2.9% |
| 1991 | 29.6% | +2.9% |
| 1992 | 29.1% | -1.6% |
| 1993 | 29.1% | -0.1% |
| 1994 | 29.7% | +2.1% |
| 1995 | 32.1% | +8.3% |
| 1996 | 35.7% | +11.0% |
| 1997 | 34.3% | -3.9% |
| 1998 | 33.0% | -3.9% |
| 1999 | 32.1% | -2.7% |
| 2000 | 31.1% | -3.0% |
| 2001 | 29.7% | -4.5% |
| 2002 | 29.5% | -0.8% |
| 2003 | 28.3% | -3.9% |
| 2004 | 28.3% | -0.2% |
| 2005 | 28.4% | +0.5% |
| 2006 | 27.7% | -2.5% |
| 2007 | 27.9% | +0.9% |
| 2008 | 26.9% | -3.6% |
| 2009 | 27.2% | +1.0% |
| 2010 | 27.4% | +0.6% |
| 2011 | 28.0% | +2.3% |
| 2012 | 28.4% | +1.2% |
| 2013 | 30.7% | +8.3% |
| 2014 | 30.3% | -1.2% |
| 2015 | 30.1% | -0.8% |
| 2016 | 28.8% | -4.2% |
| 2017 | 28.8% | -0.1% |
| 2018 | 29.3% | +1.9% |
| 2019 | 28.1% | -4.0% |
| 2020 | 26.8% | -4.7% |
| 2021 | 28.0% | +4.4% |
| 2022 | 27.1% | -3.2% |
| 2023 | 26.9% | -0.9% |
| 2024 | 27.2% | +1.3% |
Philippines compared with similar countries
- Philippines's 27.2% is above the median for upper middle income countries, which is 27.2%, 1.0× the median. (58 countries reporting)
- Philippines's 27.2% is above the median for East Asia & Pacific, which is 27.2%, 1.0× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Wealth share of the richest 1% in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1950 | -37.4% | 41.4% | 25.9% |
| 1970 | +36.3% | 32.2% | 43.8% |
| 1980 | -36.4% | 43.8% | 27.9% |
| 1920 | +27.9% | 29.9% | 38.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 30.6% | 30.6% | 30.6% | 1 |
| 1850s | 33.1% | 33.1% | 33.1% | 1 |
| 1880s | 38.3% | 38.3% | 38.3% | 1 |
| 1900s | 37.6% | 37.6% | 37.6% | 1 |
| 1910s | 29.9% | 29.9% | 29.9% | 1 |
| 1920s | 38.2% | 38.2% | 38.2% | 1 |
| 1930s | 34.2% | 34.2% | 34.2% | 1 |
| 1940s | 41.4% | 41.4% | 41.4% | 1 |
| 1950s | 25.9% | 25.9% | 25.9% | 1 |
| 1960s | 32.2% | 32.2% | 32.2% | 1 |
| 1970s | 43.8% | 43.8% | 43.8% | 1 |
| 1980s | 27.6% | 26.6% | 27.9% | 10 |
| 1990s | 31.3% | 28.8% | 35.7% | 10 |
| 2000s | 28.5% | 26.9% | 31.1% | 10 |
| 2010s | 29.0% | 27.4% | 30.7% | 10 |
| 2020s | 27.2% | 26.8% | 28.0% | 5 |
Countries ranked near Philippines
- 105 New Caledonia 27.3% compare
- 106 Tonga 27.2% compare
- 107 Bermuda 27.2% compare
- 108 French Polynesia 27.2% compare
- 108 Vanuatu 27.2% compare
- 111 Solomon Islands 27.2% compare
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is wealth share of the richest 1% in Philippines?
- Wealth share of the richest 1% in Philippines was 27.2% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Philippines?
- The highest recorded value was 43.8% in 1970.
- What is the lowest wealth share of the richest 1% recorded in Philippines?
- The lowest recorded value was 25.9% in 1950.
- How does Philippines rank for wealth share of the richest 1%?
- Philippines ranks 108th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Philippines?
- Over the last ten years it is down 10.3%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.