According to forecast data from Tellusant, 47.6 percent of the population in the Philippines in 2024 would earn at least the equivalent of the top 40 percent of global earners in 2022 constant purchasing power parity. Out of those 98.7 percent, 1.1 percent would earn the equivalent of the top 10 percent of global earners in 2022 constant purchasing power parity.
Estimated share of the population in the Philippines ranked as global middle income earners and above in 2024
Characteristic
Share of population
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Middle class and above: Population that represent those in the consumer class earning at least the equivalent of the top 40% of global earners as of 2022 in constant purchasing power parity terms.
High class and above: Population that represent those in the consumer class earning at least the equivalent of the top 10% of global earners as of 2022 in constant purchasing power parity terms.
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Tellusant. (June 30, 2024). Estimated share of the population in the Philippines ranked as global middle income earners and above in 2024 [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/1488668/philippines-forecast-share-of-population-ranked-among-global-middle-income-earners-and-above/
Tellusant. "Estimated share of the population in the Philippines ranked as global middle income earners and above in 2024." Chart. June 30, 2024. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/1488668/philippines-forecast-share-of-population-ranked-among-global-middle-income-earners-and-above/
Tellusant. (2024). Estimated share of the population in the Philippines ranked as global middle income earners and above in 2024. Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/1488668/philippines-forecast-share-of-population-ranked-among-global-middle-income-earners-and-above/
Tellusant. "Estimated Share of The Population in The Philippines Ranked as Global Middle Income Earners and above in 2024." Statista, Statista Inc., 30 Jun 2024, https://www.statista.com/statistics/1488668/philippines-forecast-share-of-population-ranked-among-global-middle-income-earners-and-above/
Tellusant, Estimated share of the population in the Philippines ranked as global middle income earners and above in 2024 Statista, https://www.statista.com/statistics/1488668/philippines-forecast-share-of-population-ranked-among-global-middle-income-earners-and-above/ (last visited September 09, 2024)
Estimated share of the population in the Philippines ranked as global middle income earners and above in 2024 [Graph], Tellusant, June 30, 2024. [Online]. Available: https://www.statista.com/statistics/1488668/philippines-forecast-share-of-population-ranked-among-global-middle-income-earners-and-above/