The National Capital Region recorded the highest average annual family income in the Philippines, amounting to 513,520 Philippine pesos, according to preliminary figures for 2023. Meanwhile, the BARMM region had the average family income, with 206,880 Philippine pesos. Overall, the country's average annual family income was reported at approximately 353,230 Philippine pesos for that year.

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.

Philippines PH: Income Share Held by Highest 20% data was reported at 47.300 % in 2015. This records a decrease from the previous number of 49.100 % for 2012. Philippines PH: Income Share Held by Highest 20% data is updated yearly, averaging 49.100 % from Dec 1985 (Median) to 2015, with 11 observations. The data reached an all-time high of 52.100 % in 1997 and a record low of 47.300 % in 2015. Philippines PH: Income Share Held by Highest 20% 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.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

Philippines Average Family Income: By Income Class (IC): Annual 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. Philippines Average Family Income: By Income Class (IC): Annual 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. Philippines Average Family Income: By Income Class (IC): Annual data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H018: Family Income and Expenditure Survey: Average Annual Income and Expenditure: By Income Class.

Actual value and historical data chart for Philippines Income Share Held By Highest 20percent

Philippines Average Family Income: Region III, Central Luzon data was reported at 299,000.000 PHP in 2015. This records an increase from the previous number of 259,000.000 PHP for 2012. Philippines Average Family Income: Region III, Central Luzon data is updated yearly, averaging 155,724.500 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 299,000.000 PHP in 2015 and a record low of 46,855.000 PHP in 1988. Philippines Average Family Income: Region III, Central Luzon data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H020: Family Income and Expenditure Survey: Average Annual Income, Expenditure and Saving: By Region.

Actual value and historical data chart for Philippines Income Share Held By Highest 10percent

Philippines Average Family Income: Region V, Bicol data was reported at 187,000.000 PHP in 2015. This records an increase from the previous number of 162,000.000 PHP for 2012. Philippines Average Family Income: Region V, Bicol data is updated yearly, averaging 99,113.500 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 187,000.000 PHP in 2015 and a record low of 26,570.000 PHP in 1988. Philippines Average Family Income: Region V, Bicol data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H020: Family Income and Expenditure Survey: Average Annual Income, Expenditure and Saving: By Region.

Concerning the three selected segments, the segment high income has the largest share of travel & tourism users in the Philippines with ***** percent. Contrastingly, medium income is ranked last, with ***** percent. Their difference, compared to high income, lies at ***** percentage points. Find other insights concerning similar markets and segments, such as a ranking by country regarding number of users in the travel & tourism market and a ranking of subsegments in the Philippines regarding share in the Travel & Tourism market as a whole. The Statista Market Insights cover a broad range of additional markets.

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.

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.

Actual value and historical data chart for Philippines Merchandise Exports To High Income Economies Percent Of Total Merchandise Exports

Philippines Family Income: Total: National Capital Region (NCR) data was reported at 1,282,823,000.000 PHP th in 2015. This records an increase from the previous number of 1,106,169,000.000 PHP th for 2012. Philippines Family Income: Total: National Capital Region (NCR) data is updated yearly, averaging 1,194,496,000.000 PHP th from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 1,282,823,000.000 PHP th in 2015 and a record low of 1,106,169,000.000 PHP th in 2012. Philippines Family Income: Total: National Capital Region (NCR) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H015: Family Income and Expenditure Survey: Total Annual Income and Expenditure: By Family Size and By Region.

Actual value and historical data chart for Philippines Merchandise Imports From High Income Economies Percent Of Total Merchandise Imports

The National Capital Region (NCR) recorded the highest growth in the average annual family income in the Philippines between 2021 and 2023. The region recorded a **** percent growth in that period. In contrast, the Cordillera Administrative Region (CAR) had the lowest income change at *** percent.

In 2023, companies in the computer and IT industry paid the highest monthly salary for rank and file positions in the Philippines. Rank and file positions in this industry had an average monthly salary of about **** thousand Philippine pesos. In contrast, companies in food and beverage paid the lowest average monthly salary for this position.

Philippines Average Family Income: Region X, Northern Mindanao data was reported at 221,000.000 PHP in 2015. This records an increase from the previous number of 190,000.000 PHP for 2012. Philippines Average Family Income: Region X, Northern Mindanao data is updated yearly, averaging 109,666.500 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 221,000.000 PHP in 2015 and a record low of 35,801.000 PHP in 1988. Philippines Average Family Income: Region X, Northern Mindanao data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H020: Family Income and Expenditure Survey: Average Annual Income, Expenditure and Saving: By Region.

Philippines Average Family Income: Region XII, Central Mindanao data was reported at 188,000.000 PHP in 2015. This records an increase from the previous number of 163,000.000 PHP for 2012. Philippines Average Family Income: Region XII, Central Mindanao data is updated yearly, averaging 101,889.000 PHP from Dec 1988 to 2015, with 10 observations. The data reached an all-time high of 188,000.000 PHP in 2015 and a record low of 35,090.000 PHP in 1988. Philippines Average Family Income: Region XII, Central Mindanao data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H020: Family Income and Expenditure Survey: Average Annual Income, Expenditure and Saving: By Region.

Philippines Average Family Income: Region VIII, Eastern Visayas data was reported at 197,000.000 PHP in 2015. This records an increase from the previous number of 166,000.000 PHP for 2012. Philippines Average Family Income: Region VIII, Eastern Visayas data is updated yearly, averaging 97,260.000 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 197,000.000 PHP in 2015 and a record low of 25,345.000 PHP in 1988. Philippines Average Family Income: Region VIII, Eastern Visayas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H020: Family Income and Expenditure Survey: Average Annual Income, Expenditure and Saving: By Region.

Philippines Average Family Income: Region VII, Central Visayas data was reported at 239,000.000 PHP in 2015. This records an increase from the previous number of 209,000.000 PHP for 2012. Philippines Average Family Income: Region VII, Central Visayas data is updated yearly, averaging 110,265.500 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 239,000.000 PHP in 2015 and a record low of 27,972.000 PHP in 1988. Philippines Average Family Income: Region VII, Central Visayas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H020: Family Income and Expenditure Survey: Average Annual Income, Expenditure and Saving: By Region.