Income and Expenditure

Total Housing Expenditure Increase by 21.3 Percent (Results from the 2006 Family Income and Expenditure Survey Final Results)

Total housing expenditure increase in 2006

Total housing expenditure in 2006 was estimated at P340.6 billion indicating an increase of 21.3 percent over the 2003 estimate of P280.8 billion.

Of the P340.6 billion reported housing expenditure, 12.7 percent went to rent/rental value of house and lot, while only 0.5 percent was spent on house maintenance and minor repairs.

2006 Family Income and Expenditure Survey (Final Results)

Increase in average annual family income and expenditure

In 2006, the average annual family income of Filipino families (P173 thousand) was 16.8 percent higher than the 2003 estimated average of P148 thousand.

Correspondingly, the average annual family expenditure of families increased from P124 thousand in 2003 to P147 thousand (18.5%) in 2006.

Adjusting for the inflation between 2003 and 2006, the average annual family income in 2006 (P173 thousand) would be valued at P125 thousand at 2000 prices. Likewise, the average annual family expenditure in 2006 (P147 thousand) would be valued at P107 thousand at 2000 prices.

A Filipino family consumed 8.9 kg of ordinary rice a week in 2006 (Results from the 2006 Family Income and Expenditure Survey (FIES)

According to the 2006 Family Income and Expenditure Survey (FIES), ordinary rice was consumed by approximately 15 million families at an average of 463 kg per family per year or 8.9 kg a week (Table 1). Classified as ordinary rice are regular commercial varieties like C-4, Intan, Macan and IR-8. For special rice, the average consumption by about 4.1 million families consuming it was 329 kg per family annually, or 6.3 kg a week. Special rice includes well-milled commercial varieties of rice like Wag-wag (1st class), Milagrosa, Sinandomeng, Dinorado, 7Tonner and other fancy varieties. On the other hand, the average consumption by approximately 2.2 million families for NFA rice was 255 kg per family per year or 4.9 kg a week.

Average Family Income and Average Family Expenditures (Results from the 2000 Family Income and Expenditure Survey)

AVERAGE FAMILY INCOME

  • Average family income for the year 2000 was estimated at P145.1 thousand, up by 16.9 percent over the P123.2 thousand in 1997.

  • Highest average family income for 2000 was reported by NCR with P300.3 thousand. NCR likewise topped in 1997 with P270,993 average family income.

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