Income and Expenditure

Filipino Families in the Poorest Decile Earn Six Thousand Pesos Monthly, on Average in 2012 (Results from the 2012 Family Income and Expenditure Survey)

In 2012, Filipino families had an annual income of 235 thousand pesos, on average. In comparison, their expenditure for the same year was 193 thousand pesos, on average. These figures translate to an average annual savings of 42 thousand pesos per family (Table 1). These estimates are based on the results of the 2012 Family Income and Expenditure Survey (FIES), and were computed at prices in year 2012. Considering the inflation in the period 2009-2012, the average annual family income in 2012 would be valued at 180 thousand pesos at 2006 prices, while the average annual family expenditure would be valued at 148 thousand pesos (Table 1).

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