Philippines Real Time Monitoring of COVID-19 Impacts

Households operating non-farm businesses also experienced income loss • One in five households operate a non-farm business. • Better off households tend to operate these businesses more than poorer ones. • Over 60% of these households reported a decline in their revenues and another 13% did not have any income. • The declines were higher among the poorer groups, where 67% of households experienced a fall in their revenues, compared with 58% in the richest group. 80 70 70 8 60 Proportion of household heads (%) 50 50 40 40 30 20 10 0 Poorest Q2 Q3 Q4 Richest Total Experienced decline in revenues ■ Operate nonfarm business

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