MARIST BROTHERS

NOTRE DAME OF DADIANGAS UNIVERSITY

Cable Address:
Marist Avenue MARIST DADIANGAS
General Santos City 9500 Tel. Nos.: (083) 552-4351, 552-5196
Fax No.: (083) 552–3385
P.O Box 100 Website: www.nddu.edu.ph

ECONOMIC INEQUALITY IN THE PHILIPPINES

INCOME INEQUALITY

I had a research about the Economic Inequality in the Philippines where one of these is the
Income Inequality. So base on my understanding Income Inequality in the Philippines is the
extent to which income, most commonly measured by households or individuals, is unevenly
distributed in the Philippines. Where The Philippines has become East Asia's "rising tiger,"
according to World Bank country director Motoo Konishi. At the same time from 2010 he
accounted for 7.39% of the wealth growth of the Philippines richest families in the 2011 fiscal
year, and he accounted for 76.5% of that year's GDP growth. Thus, the benefits of this
economic growth are still percolating to the poorer segments of the population, as evidenced
by the malnutrition and poverty that continue to plague the country even when the economy
appears to be growing. According to Albert and Ramon, the poorest 20% of the population
contributed only 5% of the national income. This demonstrates the uneven distribution of
wealth in the Philippines, with data showing that the poorest 20% received P1 ,022 while the
richest 20% received P176,863.

And if I compare this economic inequality to other countries is that:

Philippines 41.58%
Malaysia 39.37%
Indonesia 38.33%
Vietnam 35.58%
Singapore 35.58%
Thailand 34.55%
Slovenian, Czech Republic & Iceland 24 to 26%
Africa 63%

In here as usual, the Philippines has the highest GINI coefficient among ASEAN's six largest
economies at 1.58%. followed by Malaysia with 39.37%, Indonesia with 38.33%, Vietnam with
35.58%, Singapore with 35.58% and Thailand with 3 .55%. In comparison, Slovenia, the Czech
Republic and Iceland lead the world in terms of income equality, with GINI coefficients
between 2 % and 26%. South Africa is the most unfair in the aftermath of apartheid with a
Gini coefficient of 63%.
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 MARIST BROTHERS
NOTRE DAME OF DADIANGAS UNIVERSITY
Cable Address:
Marist Avenue MARIST DADIANGAS
General Santos City 9500 Tel. Nos.: (083) 552-4351, 552-5196
Fax No.: (083) 552–3385
P.O Box 100 Website: www.nddu.edu.ph

I can say that, In a society like ours, the poor make up 57% of the population, and the
government is providing the greatest support to this sector through improved finances, free
education, health care, housing, and more. The middle class is shut out and deprived of such
social safety nets. In the middle class, dissatisfaction is greatest and tension is greatest. As
history shows, in most societies with deep income inequality, middle-class revolutions have
spurred calls for social change. So for s to assess this Income inequality in our Country
reducing the incomes of the richest and increasing the incomes of the poorest can help.
Policies focusing on the latter include increasing employment or wages and transferring
income.

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