SUMMARY
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An estimated 11.4 million families in the Philippines consider themselves poor, according to the results of the Fourth Quarter 2014 Social Weather Stations (SWS) survey. The figure corresponds to 52% of families in the Philippines. The results of the latest SWS survey showed record-high levels of poverty thresholds in various regions. This corresponds to the minimum monthly budget a household needs to not consider itself as poor. While the self-rated poverty rate for the last quarter of 2014 improved by 3 points from 55% in September, the average rate of families who consider themselves as poor for the entire 2014 increased from previous years.
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