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.
Number of millionaires in the Philippines from 2014 to 2021, with forecasts from 2024 to 2026
(in 1,000s)
*Forecasted value.
The term millionaire is used to reflect high net worth individuals or those who has a net worth of over one million U.S. dollars including their primary residence.
The figures have been taken from several publications from the same source.
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Knight Frank. (January 23, 2022). Number of millionaires in the Philippines from 2014 to 2021, with forecasts from 2024 to 2026 (in 1,000s) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/785040/philippines-number-of-millionaires/
Knight Frank. "Number of millionaires in the Philippines from 2014 to 2021, with forecasts from 2024 to 2026 (in 1,000s)." Chart. January 23, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/785040/philippines-number-of-millionaires/
Knight Frank. (2022). Number of millionaires in the Philippines from 2014 to 2021, with forecasts from 2024 to 2026 (in 1,000s). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/785040/philippines-number-of-millionaires/
Knight Frank. "Number of Millionaires in The Philippines from 2014 to 2021, with Forecasts from 2024 to 2026 (in 1,000s)." Statista, Statista Inc., 23 Jan 2022, https://www.statista.com/statistics/785040/philippines-number-of-millionaires/
Knight Frank, Number of millionaires in the Philippines from 2014 to 2021, with forecasts from 2024 to 2026 (in 1,000s) Statista, https://www.statista.com/statistics/785040/philippines-number-of-millionaires/ (last visited December 21, 2024)
Number of millionaires in the Philippines from 2014 to 2021, with forecasts from 2024 to 2026 (in 1,000s) [Graph], Knight Frank, January 23, 2022. [Online]. Available: https://www.statista.com/statistics/785040/philippines-number-of-millionaires/