Fewer Filipinos consider themselves poor according to the data gathered by the Social Weather Stations, or SWS. According to SWS, 42 percent of Filipino families, roughly 10.3 million families, consider themselves poor as of the third quarter of 2019.
The pollster cites that ‘self rated poverty’ has a steady decline in the past quarters. Self rated poverty was 52 percent as of the third quarter of 2018, then reduced to 50 percent in the fourth. As of the first quarter of 2019, it was down to 38 percent. Although it scored higher at 45 percent in the second quarter of 2019, it went down to 42 percent, the current rate.
Self rated poverty decreased in Luzon and Mindanao areas but rose in the Visayas.
According to SWS, poor households need Php 10,000 monthly average. Moreover, families in Metro Manila need Php 20,000 and the rest of Luzon at Php 14,000. Visayas and Mindanao based families, meanwhile, needs Php 10,000 monthly.
The 3rd Quarter 2019 Social Weather Survey polled 1,800 adults and the survey was conducted from September 27 to 30. The Social Weather Station, SWS, is a research institution and the foremost public opinion polling body in the country.
Source: CNN Philippines and ABS CBN