Financial situation due to pandemic Philippines Q3 2021

Personal finance situation due to the coronavirus (COVID-19) pandemic in the Philippines as of 3rd quarter 2021

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Release date

September 2021

Region

Philippines

Survey time period

August 11 to 17, 2021

Number of respondents

1,100 respondents

Age group

18 years and older

Special properties

survey included quotas of age, gender, household income and region to represent the overall population

Method of interview

Online survey

Supplementary notes

The survey defines the financial situations as follows:

Thriving refers to the situation where household income has not decreased, and household finances in 2021 are better than planned.

Stable refers to the situation where household income has not decreased, and household finances in 2021 are as planned.

Impaired refers to the situation where household income has not decreased, but household finances in 2021 are worse than planned.

Resilient refers to the situation where household income has decreased during the pandemic (currently or in the past), but finances have fully recovered.

Hopeful refers to the situation where household income has decreased, but think finances will recover

In limbo refers to the situation where household income has decreased, and unsure or slightly doubtful that finances will recover.

Devastated refers to the situation where household income has decreased, and don’t think finances will ever recover.

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Statistics on " Coronavirus (COVID-19) pandemic in the Philippines "

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Economic impact

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Impact on travel and tourism

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Impact on consumer behavior

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