MANILA, PHILIPPINES – A survey released Monday by the Social Weather Stations, at least 40% of Filipinos in the fourth quarter of 2021 said their quality of life was worse than a year ago.
According to the survey, 24 percent of respondents said their quality of life improved (gainers), while 30 percent said it remained unchanged, based on face-to-face interviews with 1,440 adults conducted in the fourth quarter from Dec. 12 to 16.
According to SWS, the resulting net gainers score is -16 percent, which is classified as mediocre.
“The December 2021 Net Gainer score is 28 points up from the extremely low -44 in September 2021, but still 34 points below the pre-pandemic level of the very high +18 in December 2019.”
Balance Luzon, Metro Manila, the Visayas, and Mindanao each had 360 respondents.
According to SWS, net gainers have slowed in all areas, with very low gains in the Visayas and mediocre gains elsewhere.
Restrictions were eased in late 2021, just in time for the holiday season, which helped boost consumer confidence in the fourth quarter.
Economic activity in the fourth quarter also boosted full-year GDP growth to 5.6 percent, exceeding government forecasts.
The Philippines started to scrap most COVID-19 restrictions this month following a drop in infections and increased vaccinations.
Mobility restrictions were reinstated in early 2022 as COVID-19 cases increased as a result of the emergence of the omicron variant.