GITNUX MARKETDATA REPORT 2024

Statistics About The Average Income Philippines

The average income in the Philippines is around $10,000 per year.

With sources from: data.worldbank.org, psa.gov.ph, statista.com, jobstreet.com.ph and many more

Statistic 1

In 2020, the annual average income per capita in the Philippines was 130,000 Philippine pesos.

Statistic 2

Philippines' GDP per capita was $3,426 in 2019.

Statistic 3

The poorest 20% of the population had an average income of Php 60,377 ($1,185) per year in 2015.

Statistic 4

The richest 20% of the population had an average income of Php 1,441,359 ($28,260) per year in 2015.

Statistic 5

The average income for a household rose by 0.9% each year from 2012-2018.

Statistic 6

Metro Manila has the highest average family income with Php 668,000 ($13,150) per year in 2018.

Statistic 7

The Bicol region has the lowest average income, with Php 209,000 ($4,115) per year in 2018.

Statistic 8

The average income of Filipino overseas workers reached Php 243,000 ($4,779) in 2019.

Statistic 9

The family income per region in Mindanao is less than Php 300,000 ($5,898) per year in 2018.

Statistic 10

The average income for a Filipino farmer is Php 100,000 ($1,966) per year.

Statistic 11

The average income of Filipino fishermen is approximately Php 70,000 ($1,376) per year.

Statistic 12

The middle 20% of the population had an average income of Php 218,437 ($4,290) in 2015.

Statistic 13

The highest 10% of families in the Philippines were reported to have an average income of Php 2,393,933 per year in 2018.

Statistic 14

Filipino families had an average income of Php 167,000 in 1997.

Statistic 15

The Philippine GNI per capita was $3,850 in 2019.

Statistic 16

In Metro Manila, class ABC people had an average household income of Php 113,400 in Q4 2019.

Statistic 17

In Metro Manila, class E people had an average household income of Php 14,300 in Q4 2019.

Statistic 18

In 2020, Filipinos with high school education earn an average of Php 10,468 a month, and those with postgraduate degrees earn Php 56,759 per month.

Statistic 19

Average monthly wage in the Philippines was $279 in 2017.

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In this post, we will explore a comprehensive overview of the average income statistics in the Philippines, ranging from per capita figures to regional disparities and specific professions. The data reveals a wide spectrum of income levels across different demographics, shedding light on the economic landscape of the country. From the disparity between the richest and poorest segments of the population to insights on overseas workers and regional income variations, these statistics provide valuable insights into the financial realities faced by Filipinos.

Statistic 1

"In 2020, the annual average income per capita in the Philippines was 130,000 Philippine pesos."

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Statistic 2

"Philippines' GDP per capita was $3,426 in 2019."

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Statistic 3

"The poorest 20% of the population had an average income of Php 60,377 ($1,185) per year in 2015."

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Statistic 4

"The richest 20% of the population had an average income of Php 1,441,359 ($28,260) per year in 2015."

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Statistic 5

"The average income for a household rose by 0.9% each year from 2012-2018."

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Statistic 6

"Metro Manila has the highest average family income with Php 668,000 ($13,150) per year in 2018."

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Statistic 7

"The Bicol region has the lowest average income, with Php 209,000 ($4,115) per year in 2018."

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Statistic 8

"The average income of Filipino overseas workers reached Php 243,000 ($4,779) in 2019."

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Statistic 9

"The family income per region in Mindanao is less than Php 300,000 ($5,898) per year in 2018."

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Statistic 10

"The average income for a Filipino farmer is Php 100,000 ($1,966) per year."

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Statistic 11

"The average income of Filipino fishermen is approximately Php 70,000 ($1,376) per year."

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Statistic 12

"The middle 20% of the population had an average income of Php 218,437 ($4,290) in 2015."

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Statistic 13

"The highest 10% of families in the Philippines were reported to have an average income of Php 2,393,933 per year in 2018."

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Statistic 14

"Filipino families had an average income of Php 167,000 in 1997."

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Statistic 15

"The Philippine GNI per capita was $3,850 in 2019."

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Statistic 16

"In Metro Manila, class ABC people had an average household income of Php 113,400 in Q4 2019."

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Statistic 17

"In Metro Manila, class E people had an average household income of Php 14,300 in Q4 2019."

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Statistic 18

"In 2020, Filipinos with high school education earn an average of Php 10,468 a month, and those with postgraduate degrees earn Php 56,759 per month."

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Statistic 19

"Average monthly wage in the Philippines was $279 in 2017."

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Interpretation

Overall, the statistics reveal a significant level of income inequality in the Philippines, with stark disparities between different regions and socio-economic groups. The data show that while some groups, such as Filipino overseas workers and those in Metro Manila, have relatively higher incomes, others, like farmers and fishermen, struggle to make ends meet. The figures underscore the need for targeted policies to address income inequality and improve the economic well-being of all Filipinos, regardless of their background or location.

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