Philippines Income Share of Richest 1% Before Tax 2018: 16.62 %
Philippines's income share of richest 1% before tax in 2018 is 16.62 %, down 3.4% from 2015. It ranks #20 of 75 countries.
Income share of the richest 1% before tax reveals wealth concentration across nations. High interest due to inequality debates.
Source (2018): Income share of the richest 1% (before tax)
Where Philippines ranks (2018)
#20 of 75- #18
Burkina Faso16.72% - #19
Pakistan16.65% - #20
Philippines16.62% - #21
Mongolia16.41% - #22
Niger16.23%
Income Share of Richest 1% Before Tax over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2018 | 16.62 % | 0.58 % | -3.37% | |
| 2015 | 17.2 % | 0.36 % | -2.05% | |
| 2012 | 17.56 % | 0.3 % | -1.68% | |
| 2009 | 17.86 % | 0.1 % | -0.56% | |
| 2006 | 17.96 % | +0.05 % | +0.28% | |
| 2003 | 17.91 % | — | — |
Frequently Asked Questions About Philippines Income Share of Richest 1% Before Tax
What is Philippines's income share of richest 1% before tax in 2018?▾
Philippines's income share of richest 1% before tax is 16.62 % in 2018, according to Income share of the richest 1% (before tax) | World Inequality Database (WID.world) via Our World in Data.
Is Philippines's income share of richest 1% before tax increasing or decreasing?▾
Philippines's income share of richest 1% before tax fell by 3.4% from 2015 (17.20 %) to 2018 (16.62 %).
How does Philippines rank for income share of richest 1% before tax?▾
In 2018, Philippines has the 20th highest income share of richest 1% before tax out of 75 countries with data.
What was Philippines's income share of richest 1% before tax in 2003?▾
In 2003, Philippines's income share of richest 1% before tax was 17.91 %. By 2018 it fell by 7.2%.
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