According to forecast data from Tellusant, **** percent of the population in the Philippines in 2024 would earn at least the equivalent of the top 40 percent of global earners in 2022 constant purchasing power parity. Out of those 98.7 percent, *** percent would earn the equivalent of the top 10 percent of global earners in 2022 constant purchasing power parity.
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Average Family Income: Philippines: All Income Classes data was reported at 267,000.000 PHP in 2015. This records an increase from the previous number of 235,000.000 PHP for 2012. Average Family Income: Philippines: All Income Classes data is updated yearly, averaging 146,019.500 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 267,000.000 PHP in 2015 and a record low of 40,408.000 PHP in 1988. Average Family Income: Philippines: All Income Classes data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H021: Family Income and Expenditure Survey: Average Annual Income: By Family Size and Income Group.
In 2020, the estimated size of the middle class population in the six selected Southeast Asian countries Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam amounted to around 200 million. That year, approximately 80 million people of Indonesia's total population were part of the middle class.
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Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 1.406 % in 2016. This records an increase from the previous number of 1.292 % for 2015. Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 0.750 % from Dec 1960 (Median) to 2016, with 56 observations. The data reached an all-time high of 1.825 % in 1960 and a record low of 0.056 % in 1972. Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data was reported at 3.006 % in 2016. This records a decrease from the previous number of 3.830 % for 2015. Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data is updated yearly, averaging 1.565 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 4.535 % in 1975 and a record low of 0.562 % in 1973. Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank: Exports. Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
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Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in Philippines was reported at 47.53 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Merchandise imports from developing economies in East Asia & Pacific (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Objective: The differences between the physical and mental health of people living in a lower-middle-income country (LMIC) and upper-middle-income country (UMIC) during the COVID-19 pandemic was unknown. This study aimed to compare the levels of psychological impact and mental health between people from the Philippines (LMIC) and China (UMIC) and correlate mental health parameters with variables relating to physical symptoms and knowledge about COVID-19.Methods: The survey collected information on demographic data, physical symptoms, contact history, and knowledge about COVID-19. The psychological impact was assessed using the Impact of Event Scale-Revised (IES-R), and mental health status was assessed by the Depression, Anxiety, and Stress Scale (DASS-21).Findings: The study population included 849 participants from 71 cities in the Philippines and 861 participants from 159 cities in China. Filipino (LMIC) respondents reported significantly higher levels of depression, anxiety, and stress than Chinese (UMIC) during the COVID-19 (p < 0.01) while only Chinese respondents' IES-R scores were above the cut-off for PTSD symptoms. Filipino respondents were more likely to report physical symptoms resembling COVID-19 infection (p < 0.05), recent use of but with lower confidence on medical services (p < 0.01), recent direct and indirect contact with COVID (p < 0.01), concerns about family members contracting COVID-19 (p < 0.001), dissatisfaction with health information (p < 0.001). In contrast, Chinese respondents requested more health information about COVID-19. For the Philippines, student status, low confidence in doctors, dissatisfaction with health information, long daily duration spent on health information, worries about family members contracting COVID-19, ostracization, and unnecessary worries about COVID-19 were associated with adverse mental health. Physical symptoms and poor self-rated health were associated with adverse mental health in both countries (p < 0.05).Conclusion: The findings of this study suggest the need for widely available COVID-19 testing in MIC to alleviate the adverse mental health in people who present with symptoms. A health education and literacy campaign is required in the Philippines to enhance the satisfaction of health information.
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Number of Families: Philippines - All Income Classes data was reported at 22,730,000.000 Unit in 2015. This records an increase from the previous number of 21,426,000.000 Unit for 2012. Number of Families: Philippines - All Income Classes data is updated yearly, averaging 15,874,827.500 Unit from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 22,730,000.000 Unit in 2015 and a record low of 10,533,925.000 Unit in 1988. Number of Families: Philippines - All Income Classes data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H014: Family Income and Expenditure Survey: No of Families: By Income Class and Main Source of Income.
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Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in Philippines was reported at 4.4287 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Merchandise imports from developing economies outside region (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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The unprecedented growth of the new middle classes in middle income developing countries implies a strong growth in both consumption and carbon emissions. The research project Sustainable Middle Classes in Middle Income Countries (SMMICC) investigates the drivers of carbon consumption choices of the new middle classes and policy options to decrease their carbon footprints, including the implementation of carbon taxes
The research of the authors generated quantitative data on the acceptability of carbon taxes in three countries (Peru, Ghana, Philippines).
The data is provided in the following formats:
- 2024-07-26_malerba_10.5281/zenodo.12662722_ghana.csv
- 2024-07-26_malerba_10.5281/zenodo.12662722_peru.csv
- 2024-07-26_malerba_10.5281/zenodo.12662722_philippines.csv
- 2024-07-26_malerba_10.5281/zenodo.12662722_ghana.dta
- 2024-07-26_malerba_10.5281/zenodo.12662722_peru.dta
- 2024-07-26_malerba_10.5281/zenodo.12662722_philippines.dta
Additionally, the codebooks on variables of questionnaire and political parties in each country are attached in a csv format.
As of June 2023, almost an equal share of e-commerce users in the Philippines belong to either high or low-income groups, according to the Statista Consumer Market Outlook. The remaining **** percent of e-commerce consumers were medium-income earners.
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In line with Article 11 of the WHO Framework Convention on Tobacco Control, the Philippines has implemented graphic health warnings on cigarette packs. To date, there has been no published literature evaluating the perceived effectiveness of GHWs in the Philippines. This study aims to contribute to the evidence on the perceived effects of graphic health warnings (GHWs) in cigarette packaging and the potential impact of plain packaging in the Philippines. The study involved an online convenience survey and a nationwide household survey. Mock-up sets of cigarette packs based on the Philippines’ law on GHWs, and Thailand’s and Singapore’s plain packaging were shown to respondents to rate their attractiveness, quality, taste, cost, social appeal, appeal to youth, noticeability, appeal to non-smokers, attempt to quit, ease of quitting, discouraging smoking, and perceived harm to health on a five-point Lickert scale. The online and household surveys recruited 2,701 respondents in total. Online and household survey respondents considered plain packaging with larger graphic health warnings and visible quitlines from Thailand and Singapore to be more effective in discouraging them from smoking. Both sets of survey respondents also found mock-ups from Thailand and Singapore more motivating for them to attempt quitting than cigarette pack mock-ups from the Philippines. The study concludes that current graphic health warnings in the Philippines are ineffective in instilling health consciousness among Filipinos. Policymakers should consider larger graphic health warnings and plain packaging of cigarettes to motivate smokers to quit and discourage Filipinos from smoking.
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Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in Philippines was reported at 0.46119 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Merchandise imports from developing economies in Middle East & North Africa (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data was reported at 19.568 % in 2016. This records an increase from the previous number of 19.350 % for 2015. Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data is updated yearly, averaging 6.096 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 21.860 % in 2011 and a record low of 0.037 % in 1960. Philippines PH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank: Exports. Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
SM Prime Holdings, Inc. was the leading real estate developer in the Philippines regarding net income in 2022. That year, the company reported a net income of approximately ** billion Philippine pesos. Its closest competitor, Ayala Land, generated a net income of about **** billion Philippine pesos in the same year. SM Prime Holdings – more information SM Prime Holdings is a property developer who primarily builds and manages shopping malls in the country and abroad. In 2022, malls accounted for about **** of the company’s total revenue. As of the first quarter of 2023, SM Prime owns and operates 82 malls in the country and seven in China. Its largest mall – SM Mall of Asia, is one of the largest nationwide, with over 600 shops. Aside from malls, the company also started venturing into the real estate segment and has been providing mid-rise buildings and single detached houses in multiple essential areas, such as cities in Metro Manila, Tagaytay, Cavite, Iloilo, and Davao. SM Prime also owns and operates convention centers and hotels. The state of property development in the Philippines Real estate in the Philippines has undergone massive development in the past decade. The industry has grown significantly thanks to foreign investment growth, a growing middle-class population, and sustained remittances from overseas Filipino workers (OFWs), especially after the economic recovery post-COVID. Property developers are expected to maximize the increasing demand for property supply as multiple opportunities for real estate segments arise.
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The Philippines sustained robust economic growth in the decade before the COVID-19 pandemic hit in 2020. With increasing urbanization, a growing middle class, and a large and young population, the Philippines has been one of the most dynamic economies in the East Asia Pacific region. Its economy grew at an average annual rate of 6.4 percent between 2010 to 2019, from 4.5 percent in the previousdecade. Growth has been anchored on robust domestic demand supported by steady remittances and vibrant labor market. The economy has maintained adequate policy space with ample international reserves and a sustainable fiscal position. As a result, it earned an investment grade credit rating from the big three credit rating agencies, helping to lower the government’s borrowing costs. However, thepandemic has caused an economic contraction of 9.5 percent in 2020 and brought socio-economic scarring through learning losses and poorer health outcomes.
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Philippines Car Rental Market size was valued at USD 1.34 Billion in 2024 and is projected to reach USD 30.7 Billion by 2032, growing at a CAGR of 10.9% from 2026 to 2032.
Philippines Car Rental Market Drivers
Increased International Arrivals: The Philippines' growing popularity as a tourist destination is a major driver. International tourists often prefer the flexibility and convenience of rental cars to explore the country's diverse landscapes.
Domestic Tourism: Rising domestic tourism, especially among middle-class Filipinos, is also contributing to the demand for car rentals. Road trips and self-drive tours are becoming increasingly popular.
Metro Manila Congestion: Severe traffic congestion in Metro Manila and other major cities is driving demand for rental cars as a temporary alternative to personal vehicle ownership.
Business Travel: Urban centers are hubs for business activity, and business travelers often require rental cars for meetings and site visits.
Increased Affordability: The expanding middle class in the Philippines has increased disposable income, making car rentals more affordable for a larger segment of the population.
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Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in Philippines was reported at 1.6465 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Merchandise exports to developing economies in South Asia (% of total merchandise exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
Among all the intellectual property rights approved in the Philippines in 2018 to local applicants, about 52 percent were granted for utility models and only one percent for patents. In 2017, the Philippines ranked 3rd in terms of the number of patents granted among selected low and middle-income countries across the Asia-Pacific region.
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The Philippines clothing market size was valued at USD 8.34 Billion in 2024. The industry is expected to grow at a CAGR of 7.00% during the forecast period of 2025-2034 to reach a valuation of USD 16.41 Billion by 2034.
The rising incomes of the high-class and middle-class populace is driving the demand for branded and fast fashion clothing, adding to the Philippines clothing market expansion. According to industry reports, the average annual incomes of families in the Philippines was estimated to reach PHP 353.23 thousand in 2023. The growing popularity of Filipino streetwear as it blends international trends with local culture is also favouring the market growth. Several brands are resonating with the youth, reflecting a shift towards casual and expressive fashion. This trend highlights the influence of Filipino youth culture on fashion.
The Philippines clothing industry is impacted by evolving clothing preferences, such as strong demand for lightweight and breathable fabrics due to tropical climates driven by cultural and climate factors. This is prompting regional brands to focus on casual wear lines. The rising focus of the Filipino government on encouraging the production and presence of high-value apparel is playing a key role in enhancing the Philippines clothing market share. In January 2025, the Department of Trade and Industry urged well-known online fashion retailer Shein in considering the expansion of its operations across the Philippines by seeking several manufacturing opportunities.
The rising initiatives aimed at enhancing competitiveness and supporting local industries is contributing to the demand for domestic fashion. Social media platforms have a crucial role to shape consumer preferences. Influencers and digital marketing campaigns are significantly impacting fashion trends, especially among younger demographics. The export of apparel from the Philippines is rising due to strategic trade positioning, global demand shifts, skilled labour, and market diversification efforts. According to industry reports, the apparel exports in Philippines is expected to record USD 1 billion in 2025, supported by expected advances from the FTA (free trade agreement). The country also offers a skilled and English-speaking workforce, which is attractive to international apparel brands seeking quality production at competitive rates.
According to forecast data from Tellusant, **** percent of the population in the Philippines in 2024 would earn at least the equivalent of the top 40 percent of global earners in 2022 constant purchasing power parity. Out of those 98.7 percent, *** percent would earn the equivalent of the top 10 percent of global earners in 2022 constant purchasing power parity.