IF THE ECONOMY IS STRONGER
WHY ARE FILIPINOS POORER?
the lack of professional management capacity in rural areas for farmers and fishermen.
lack of investments due to low or no return on investments
lack of supporting infrastructure and technology due to low investments
Monthly income (about Php 292 daily or USD 6 for a family of five) of Filipinos below the poverty threshold. (PSA)
Percent of Filipinos remain below the
threshold, despite 6.4% GDP GROWTH sustained for several years.
of Rural Poor are Farmers and Fisherfolk (PSA)
Ours has become a nation of overseas foreign workers. At least 6,092 Filipinos leave their homeland each day to find work. (PSA)
6,092 leave each day
or 1.8 million per year
The Philippines has been consuming natural resources than what is available within its own boarders - a trend which has been growing since the 1960's. (Global Footprint Network)
6,000 Filipinos a day look for opportunities in other countries due to lack of jobs at home,
10% of our GDP are remittances from overseas workers
We consume resources faster than nature can provide
of Filipinos not connected to the internet (McKinsey & Company)
of Philippine forest cover remain in good condition (DENR-FMB)
of coral reefs in the Philippines remain intact. (UP-MSI)
Gini coefficient of the Philippines since 1985 which indicates high levels of inequality (IMF). (A coefficient closer to 1 means equitable distribution of wealth.)