In 2021, the Philippines had about 18.27 thousand millionaires. It was projected that in 2026, the number of high net worth individuals in the country will reach about 33 thousand.
Comparing the 130 selected regions regarding the gini index , South Africa is leading the ranking (0.63 points) and is followed by Namibia with 0.58 points. At the other end of the spectrum is Slovakia with 0.23 points, indicating a difference of 0.4 points to South Africa. The Gini coefficient here measures the degree of income inequality on a scale from 0 (=total equality of incomes) to one (=total inequality).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).
Not seeing a result you expected?
Learn how you can add new datasets to our index.
In 2021, the Philippines had about 18.27 thousand millionaires. It was projected that in 2026, the number of high net worth individuals in the country will reach about 33 thousand.