The latest national Social Weather Survey (SWS) gives us a screenshot of how Filipino’s picture their current financial condition, amidst high costs of food and fuel.
According to the Second Quarter 2022 Social Weather Survey, 31 percent of adult Filipinos say their quality-of-life is worse than what it was 12 months prior. The number is an improvement compared to the Q2 2021 survey at the time of the pandemic which saw 49 percent say their quality-of-life has gotten worse compared to the previous 12 months.
On the other hand, around 39 percent said their quality-of-life remained unchanged, while 29 percent said theirs has gotten better, compared to a year ago.
The survey was conducted from June 26 to 29, 2022, using face-to-face interviews of 1,500 adults nationwide.
The survey also found that 48 percent of Filipino families (around 10.9 million) see themselves as Mahirap or Poor, while 31 percent rated themselves as Borderline Poor and only 21 percent rated themselves as Hindi Mahirap or Not Poor.
The uptick, the survey says, was because of increases in the Visayas and Metro Manila, combined with slight increases in Mindanao and Balance Luzon.
In Visayas, those who rated themselves as Poor rose from 48 percent to 64 percent. While in Metro Manila, the number rose 32 percent to 41 percent.
Meanwhile, Not Poor rating rose in Metro Manila from 26 percent to 37 percent, and in the Visayas from 6 percent to 10 percent.