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.
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
- Spring temperature anomalies -0.2869 °C (2026)
- Summer temperature anomalies 0.7374 °C (2026)
- Temperature anomalies by month 0.2172 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.0518 °C (2025)
- Winter temperature anomalies 0.6992 °C (2025)
- Consumer price index 162.31 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
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
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About this data
The 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.