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Stat News POVERTY INCIDENCE IN
THE BICOL REGION The National Statistical Coordination Board (NSCB) released the 2006 official poverty estimates that indicated more poor people in 2006 in the Bicol Region. Poverty incidence in the region rose to 41.8 percent, up by 1.2 percentage points from its 2003 level. Poverty incidence is the proportion of families/population with per capita income less than the per capita poverty threshold to the total number of families/population. The 41.8 percent poverty incidence translates to 422,278 poor families, higher by 10.1 percent than the 383,625 poor families in 2003. Thus, 2006 saw 38,653 more families falling into the poor category. Poverty threshold or the minimum income required or the minimum expenditure necessary to meet the food requirements and other non-food basic needs rose to PhP15,015, an increase of 21.3 percent over the poverty threshold in 2003. This means that a family of five would need at least PhP6,256.25 a month in order to be considered as “not poor”. A family of five earning less than this amount is therefore considered poor. |
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Bicol Region accounted for 9.0 percent of the total number of poor families in 2006 in the country, 0.5 percentage point lower than the region’s share in 2003. Despite the slight decrease in its share, the Bicol Region still had the second highest number of poor families. In terms of poverty incidence, the region remained the fourth poorest in the country and the second poorest region in the Luzon Island group. Source: National Statistical Coordination Board Date Posted: March 6, 2008 |
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Among provinces of Bicol, Masbate remained the poorest having one poor
family for every two families in 2006. Masbate and Camarines Norte however,
were the only provinces that exhibited decreases in poverty incidence in
2006. Masbate, which ranked third poorest province in 2003, ranked eighth
poorest in 2006. Among provinces with largest improvements in poverty
incidence, Camarines Norte and Masbate ranked fourth and tenth respectively
with the former having a 7.7 percent decrease in poverty incidence between
2003-2006 and the latter, a 4.9 percent decrease in poverty incidence during
the same period.