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Release Date :
Reference Number :
2024-267
Figure 1. Average Annual Family Income and Average Annual Family Expenditure: 2018, 2021 and 2023P

 

The average annual income of Filipino families in 2023 was estimated at PhP 353.23 thousand. This was higher by 15.0 percent from the PhP 307.19 thousand average family income in 2021. Moreover, the average annual family income in 2018 was recorded at PhP 313.45 thousand.

Meanwhile, Filipino families spent an average of PhP 258.05 thousand in 2023, an increase of 12.8 percent compared to the PhP 228.80 thousand expenditure in 2021. In 2018, the average annual family expenditure was registered at PhP 238.75 thousand. (Figure 1)

Table 1. Average Annual Family Income, by Region (in thousand PhP): 2018, 2021 and 2023P

Region201820212023pPercent Change

2018

to 2021

2021

to 2023

Philippines313.45307.19353.23-2.015.0
National Capital Region460.38417.85513.52-9.222.9
Cordillera Administrative Region353.92350.43359.24-1.02.5
Region I - Ilocos Region286.98304.84339.696.211.4
Region II - Cagayan Valley265.03290.12310.559.57.0
Region III - Central Luzon333.97328.54375.24-1.614.2
Region IV-A - CALABARZON384.17361.03426.53-6.018.1
MIMAROPA Region257.43255.08267.36-0.94.8
Region V - Bicol Region234.93252.01287.477.314.1
Region VI - Western Visayas 1/283.12292.40320.233.39.5
Negros Island Region 2/248.40237.42266.29-4.412.2
Region VII - Central Visayas 3/317.80292.60326.94-7.911.7
Region VIII - Eastern Visayas226.63242.93267.337.210.1
Region IX - Zamboanga Peninsula 4/227.80238.56257.144.77.8
Region X - Northern Mindanao250.36257.46296.502.815.2
Region XI - Davao Region269.91281.88318.954.413.2
Region XII - SOCCSKSARGEN 5/,6/242.74234.97282.44-3.220.2
Caraga242.75249.77276.572.910.7
Bangsamoro Autonomous Region in Muslim Mindanao 7/,8/166.93188.53206.8812.99.7

Source: Philippine Statistics Authority, Family Income and Expenditure Survey   
p - Estimates are preliminary and may change   
1/ Excludes Negros Occidental given the establishment of NIR   
2/ Consists of Negros Occidental, Negros Oriental and Siquijor   
3/ Excludes Negros Oriental and Siquijor given the establishment of the NIR   
4/ Including Isabela City   
5/ Excludes Cotabato City   
6/ Excludes 63 barangays transferred to BARMM in 2023   
7/ Excludes 63 barangays from Region XII - SOCCSKSARGEN in 2018 and 2021   
8/ Includes Cotabato City   
 

Among the regions, the National Capital Region (NCR) registered the highest average annual family income in 2023 at PhP 513.52 thousand. This was followed by CALABARZON at PhP 426.53 thousand and Central Luzon at PhP 375.24 thousand. Meanwhile, the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) recorded the lowest average annual family income at PhP 206.88 thousand followed by Zamboanga Peninsula at PhP 257.14 thousand and Negros Island Region at PhP 266.29 thousand. (Table 1)

Table 2. Average Annual Family Expenditure, by Region (in thousand PhP):    
2018, 2021 and 2023P

Region201820212023pPercent Change
2018 to 20212021 to 2023
Philippines238.75228.8258.05-4.212.8
National Capital Region368.68321.59385.05-12.819.7
Cordillera Administrative Region230.29242.89247.865.52.1
Region I - Ilocos Region204.5209.54232.442.510.9
Region II - Cagayan Valley174.19201.1121415.56.4
Region III - Central Luzon270.21258.45298.7-4.415.6
Region IV-A - CALABARZON304.64280.58310.32-7.910.6
MIMAROPA Region174.79178.46189.772.16.3
Region V - Bicol Region193.42190.27202.62-1.66.5
Region VI - Western Visayas 1/208.38211.08229.741.38.8
Negros Island Region 2/184.49175.67203.84-4.816
Region VII - Central Visayas 3/213.23201.32218.03-5.68.3
Region VIII - Eastern Visayas178.64189.13199.915.95.7
Region IX - Zamboanga Peninsula 4/162.46166.3200.932.420.8
Region X - Northern Mindanao174.64175.71202.580.615.3
Region XI - Davao Region191.62183.89204.33-411.1
Region XII - SOCCSKSARGEN 5/,6/181.32173.43202.34-4.416.7
Caraga186.8198.2213.126.17.5
Bangsamoro Autonomous Region in Muslim Mindanao 7/,8/131.21153.32168.9116.910.2

Source: Philippine Statistics Authority, Family Income and Expenditure Survey 
p - Estimates are preliminary and may change   
1/ Excludes Negros Occidental given the establishment of NIR                   
2/ Consists of Negros Occidental, Negros Oriental and Siquijor                   
3/ Excludes Negros Oriental and Siquijor given the establishment of the NIR                   
4/ Including Isabela City                   
5/ Excludes Cotabato City                   
6/ Excludes 63 barangays transferred to BARMM in 2023                   
7/ Excludes 63 barangays from Region XII in 2018 and 2021                   
8/ Includes Cotabato City

Similar with average annual family income, NCR recorded the highest average annual family expenditure among the regions in 2023 at PhP 385.05 thousand, followed by CALABARZON at PhP 310.32 thousand and Central Luzon at PhP 298.70 thousand. Meanwhile, BARMM, MIMAROPA, and Eastern Visayas registered the lowest average annual family expenditure at PhP 168.91 thousand, PhP 189.77 thousand and PhP 199.91 thousand, respectively.

Moreover, all regions had an increasing average annual family expenditure from 2021 to 2023. Zamboanga Peninsula had the largest percentage increase in the average annual family expenditure from 2021 to 2023 at 20.8 percent, while the Cordillera Administrative Region posted the lowest increase at 2.1 percent. (Table 2)

 


CLAIRE DENNIS S. MAPA, PhD                   
Undersecretary                   
National Statistician and Civil Registrar General

 

See more at the Family Income and Expenditure Survey (FIES) landing page.

Attachment Size
PDF Technical Notes 606.74 KB
PDF Press Release 305.78 KB
Excel spreadsheet Table 1. 2018, 2021 and 2023p Average Annual Family Income, by Per Capita Income Decile Class and by Region, Province and HUCs.xlsx 83.04 KB
Excel spreadsheet Table 1a. CV_2018, 2021 and 2023p Average Annual Family Income, by Per Capita Income Decile Class and by Region, Province and HUCs.xlsx 44.03 KB
Excel spreadsheet Table 2. 2018, 2021 and 2023p Average Annual Family Expenditure, by Per Capita Income Decile Class and by Region, Province and HUC.xlsx 78.68 KB
Excel spreadsheet Table 2a. CV_2018, 2021 and 2023p Average Annual Family Expenditure, by Per Capita Income Decile Class and by Region, Province and HUC.xlsx 45 KB
Excel spreadsheet Table 3. 2018, 2021 and 2023p Total Annual Family Income, by Per Capita Income Decile and by Region, Province and HUC.xlsx 84.4 KB
Excel spreadsheet Table 3a. CV_2018, 2021 and 2023p Total Annual Family Income, by Per Capita Income Decile and by Region, Province and HUC.xlsx 50.89 KB
Excel spreadsheet Table 4. 2018, 2021 and 2023p Total Annual Family Expenditure, by Per Capita Income Decile and by Region, Province and HUC.xlsx 83.88 KB
Excel spreadsheet Table 4a. CV_2018, 2021 and 2023p Total Annual Family Expenditure, by Per Capita Income Decile and by Region, Province and HUC.xlsx 45 KB
Excel spreadsheet Table 5. 2018, 2021 and 2023p Gini Coefficient and Palma Ratio, by Region, Province and HUC.xlsx 26.26 KB
Excel spreadsheet Table 6. 2018, 2021 and 2023p Share to Total Annual Family Income, by Region, Province and HUC.xlsx 109.77 KB
Excel spreadsheet Table 7. 2018, 2021 and 2023p Share to Total Family Expenditure, by Region, Province and HUC.xlsx 148.58 KB

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