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High inflation is weakening the financial resilience of Filipino households, with rising living costs eroding savings and undermining long-term financial security, according to Sun Life’s Financial Resilience Index 2026.

The index, which surveyed around 6,000 respondents across six Asian markets, including roughly 1,000 Filipinos, found that the share of highly resilient households in the Philippines fell sharply to 19 percent in 2026 from 33 percent a year earlier.

Highly resilient households are defined as those that feel financially well secure, plan more than five years ahead and well prepared to cope with financial emergencies.

Meanwhile, the proportion of low-resilience households increased to 16 percent from 11 percent, with most respondents in this group saying they are “not prepared at all” should living costs continue to rise.