I reformatted the economic data from a recent article on "Social Classes in the Philippines". The original didn't have US Dollar Equivalents, and I was skeptical that the numbers would add up.
The labels, data, population counts, and ranges are not mine. I just untangled a jumble of data and beautified it with USD conversion. I just did this for fun and curiosity.
The raw data:
Social Classes in the Philippines
(Based on population distribution & estimated monthly income)
Total Population Considered: 116,716,231
1. 0.69% – Ultra Rich
Population: 805,342
Estimated Monthly Income: ?5,000,000 and above
These individuals are the top tycoons and elites, often owning conglomerates, global properties, private jets, and massive investment portfolios. They have direct or indirect influence over politics and the economy.
2. 0.92% – Very Wealthy
Population: 1,073,789
Estimated Monthly Income: ?1,000,000 – ?5,000,000
Includes CEOs, industry leaders, highly successful entrepreneurs, real estate moguls, and top-tier celebrities. They live in upscale villages and maintain lavish lifestyles.
3. 1.83% – Richa
Population: 2,135,907
Estimated Monthly Income: ?250,000 – ?999,999
Financially secure professionals, mid-level business owners, and high-ranking government or corporate officials. They can afford international travel, private schooling, and multiple vehicles.
4. 20.53% – Middle Class / Financially Stable (“May Kaya”)
Population: 23,961,842
Estimated Monthly Income: ?40,000 – ?249,999
Professionals, small business owners, OFWs, and dual-income households. They can afford modest houses, basic insurance, education, and some luxuries.
5. 39.86% – Poor (“Mahirap”)
Population: 46,523,090
Estimated Monthly Income: ?12,000 – ?39,999
These individuals meet their daily needs but are one crisis away from financial difficulty. They may rely on loans or side hustles to make ends meet.
6. 17.60% – Very Poor (“Mahirap na Mahirap”)
Population: 20,542,057
Estimated Monthly Income: ?5,000 – ?11,999
Typically engaged in low-wage informal work (e.g. vendors, tricycle drivers, farmers), often renting in overcrowded areas and struggling with basic expenses.
7. 18.57% – Extremely Poor (“Dukhang-Dukha”)
Population: 21,674,204
Estimated Monthly Income: Below ?5,000
Lives in extreme poverty. They lack access to stable food supply, clean water, shelter, and education. Often unemployed or underemployed, relying on aid or scrap work.
The labels, data, population counts, and ranges are not mine. I just untangled a jumble of data and beautified it with USD conversion. I just did this for fun and curiosity.
The raw data:
Social Classes in the Philippines
(Based on population distribution & estimated monthly income)
Total Population Considered: 116,716,231
1. 0.69% – Ultra Rich
Population: 805,342
Estimated Monthly Income: ?5,000,000 and above
These individuals are the top tycoons and elites, often owning conglomerates, global properties, private jets, and massive investment portfolios. They have direct or indirect influence over politics and the economy.
2. 0.92% – Very Wealthy
Population: 1,073,789
Estimated Monthly Income: ?1,000,000 – ?5,000,000
Includes CEOs, industry leaders, highly successful entrepreneurs, real estate moguls, and top-tier celebrities. They live in upscale villages and maintain lavish lifestyles.
3. 1.83% – Richa
Population: 2,135,907
Estimated Monthly Income: ?250,000 – ?999,999
Financially secure professionals, mid-level business owners, and high-ranking government or corporate officials. They can afford international travel, private schooling, and multiple vehicles.
4. 20.53% – Middle Class / Financially Stable (“May Kaya”)
Population: 23,961,842
Estimated Monthly Income: ?40,000 – ?249,999
Professionals, small business owners, OFWs, and dual-income households. They can afford modest houses, basic insurance, education, and some luxuries.
5. 39.86% – Poor (“Mahirap”)
Population: 46,523,090
Estimated Monthly Income: ?12,000 – ?39,999
These individuals meet their daily needs but are one crisis away from financial difficulty. They may rely on loans or side hustles to make ends meet.
6. 17.60% – Very Poor (“Mahirap na Mahirap”)
Population: 20,542,057
Estimated Monthly Income: ?5,000 – ?11,999
Typically engaged in low-wage informal work (e.g. vendors, tricycle drivers, farmers), often renting in overcrowded areas and struggling with basic expenses.
7. 18.57% – Extremely Poor (“Dukhang-Dukha”)
Population: 21,674,204
Estimated Monthly Income: Below ?5,000
Lives in extreme poverty. They lack access to stable food supply, clean water, shelter, and education. Often unemployed or underemployed, relying on aid or scrap work.
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