My Google Page Rank

Filipino households income up 19% last year

PDFPrintE-mail

Filipino households average annual income rose nearly a fifth last year, according to the National Statistics Office (NSO), but the gap between the wealthiest and poorest only slightly narrowed.

Preliminary results of the 2009 Family Income and Expenditure Survey released by NSO showed that Filipino families earned P206,000 on the average last year, higher by 19.1 percent from P173,000 in 2006.

Adjusting for the inflation between 2006 and 2009, the average annual family income last year would be valued at P129,000.

The average annual expenditures, on the other hand, amounted to P176,000 last year, up by 19.7 percent from P147,000 in 2006.

The annual average Filipino family savings was pegged at P31,000 last year from only P26,000 in 2006.

On a monthly basis, the reported average income was P17,200 and average expenditure was P14,700 in 2009.

Filipino families earned a total income of P3.8 trillion last year, up by 26.5 percent from P2.006 trillion in 2006. While expenditures amounted to P3.24 trillion last year from P2.56 trillion in 2006.

The estimated number of Filipino families stood at 18,452 last year from 17,403 in 2006.

From 2006 to 2009, average annual family income in all deciles increased.

In 2009, the first income decile earned P41,000 and P728,000 for the tenth income decile.

The NSO said the average annual family income of families in the tenth decile was about 18 times that of those in the first decile in 2009 while 19 times in 2006.

"This shows that income gap between families in the tenth and the first decile narrowed," NSO said.

Income decile is the distribution of families into ten groups in terms of annual family income. The first decile has the lowest income and tenth decile has the highest income.

NSO said the families in the bottom 30 percent income group (or the lowest three income deciles combined) reported an average annual family income of P62,000 last year, a 26.5 percent increase from P49,000 in 2006.

On the other hand, the families in the upper 70 percent income group earned an average annual income of P268,000, up by 18.6 percent from P226,000 in 2006.

On a monthly basis, the average income of the families in the bottom 30 percent was P5,200 while it was P22,300 for the upper 70 percent.

While the average income of families in the bottom 30 percent improved, their expenditures also increased.

NSO said a poor family spent an annual average of P64,000 last year from only P51,000 in 2006.

In 2009, the total income of poor family amounted to P343 billion, lower compared to their total expenditure of P345 billion.

Poor Filipino families spent more on food at 59.9 percent last year from P59.1 percent in 2006. This was followed by house, rent, 9.4 percent; fuel, light and water, 6.8 percent; transportation and communication, 3.9 percent; personal care and effects, 3.7 percent; clothing, footwear and other wear, 1.9 percent; medical cared and household operation both 1.7 percent; tobacco, 1.6 percent and education, 1.3 percent.

Families under the bottom 30 percent spent less in recreation, 0.1 percent and non-durable furnishings, 0.2 percent.

The total income of rich families, on the other, reached P3.46 trillion, higher than their expenditures of P2.89 trillion.

The rich Filipino households also spent more on food at 40.5 percent, followed by house rent, 13.2 percent; transportation and communication, 8.2 percent; fuel, light and water, 7.1 percent; education, 4.6 percent personal care and effects, 3.8 percent; medical care, 3 percent and taxes, 2.3 percent.

The 2009 FIES enumeration was conducted twice - the first visit was done in July 2009 with the first semester January to June as the reference period; the second visit was made in January 2010 with the second semester of 2009, that is, July to December 2009 as reference period.

The same set of questions is asked for both visits.

The FIES is a nationwide survey of households undertaken every three years by the NSO. (PNA)




Related news items:
Newer news items:
Older news items:

Add comment


Security code
Refresh

Beng lauds add’l air routes

28 Jul 2017 Hits:49 Be the first to comment!

Mayor Beng Climaco has highly praised Cebu Pacific for the opening of new routes to Cagayan de Oro and Cotabato City from Zamboanga stressing that it will help boost economy and tourism in this part of the country. Cebu Pacific on Wednesday launched its inaugural flights from Zamboanga to Cagayan de Oro and Zamboanga to Cotabato City .  Zambo-CDO will have four times a week schedule while Zambo-Cotabato will fly thrice a week. “This will indeed give passengers more access to traverse through Mindanao,” Mayor Climaco said adding that this will provide people another option aside from travelling to Cagayan de Oro or Cotabato City by land which takes over 10 hours  of travel time. Travel time to Cagayan de Oro by air [...] Read more

Prev Next Page:

DEPENDABLE SHOOTER… BON

28 Jul 2017 Hits:47 Be the first to comment!

Este si Mar-Khayyam Lao Basiri, conosido na nombre “Bon”, 35 años de edad, 5’5” el altor, casao cun Mica Jire L. Basiri y diila anak si Mackhayla Justinne L. Basiri [...] Read more


SANGGUNIANG PANLUNGSOD... ACHIEVERS 2017

27 Jul 2017 Hits:54 Be the first to comment!

El Govierno local del Ciudad de Zamboanga ya organiza mga torneo para del maga empleado donde el maga participantes sale na diferente departamento. Diferente desportes el puede participa juga maga [...] Read more


ZAMBOANGA CITY… 2ND RUNNER UP - MAYOR’S CUP… ARAW NG IPIL BASKETBALL TOURNAMENT.

25 Jul 2017 Hits:94 Be the first to comment!

El ya organiza para hace con este Team Zamboanga City amo si Bernard Gonzales y ele el ya para como el manager hunto con Atty Dino Ferrer para contesta todo [...] Read more


STREET SHOOTER... DEX

24 Jul 2017 Hits:154 Be the first to comment!

Este si Dexter Montojo Garcia , Ta llama conele mga barcada  “Dex”, 28 años de edad, 5’11” el altor y residente de Lumiyap Divisoria, Ciudad de Zamboanga . Su mayores [...] Read more


ZAMBOANGA CITY WESTERN EAGLES CLUB SPORTFEST

23 Jul 2017 Hits:104 Be the first to comment!

Este el  TFOE Philippine Eagle WMR -3  ZCWEC Basketball League que ya encabesa el Presidente de ZCWEC  Eagle  Jimmy  U. Cabato y el Tournament Manager si Eagle Allan E. Lagumbay [...] Read more


SPEED FIRE... RONNEL

21 Jul 2017 Hits:110 Be the first to comment!

Este si Ronnel Ivan Lao Basiri, conosido na nombre “Ronnel” , 22 años de edad, 5’7” el altor , soltero y residente de Tetuan , Ciudad de Zamboanga .Si Ronnel [...] Read more


Mayor, security sector meets with Maranao leaders

20 Jul 2017 Hits:154 Be the first to comment!

Mayor Beng Climaco and the security sector met with leaders of the Maranao community in Zamboanga to discuss issues pertaining to the ongoing Marawi crisis, the condition of Maranao families [...] Read more


D’ FAST and D’ FURIOUS... KAN

20 Jul 2017 Hits:128 Be the first to comment!

Este si Hemill Kan Lao Basiri , ta llama conele na palayao “KanKan”, 25 años de edad, 5’5” el altor, y residente de Tetuan , Ciudad de Zamboanga . Su [...] Read more


Man hacked by neighbor

19 Jul 2017 Hits:123 Be the first to comment!

A man was hacked by his neighbor near Jumbo Bridge in Barangay Guiwan, this city, on Sunday night. The victim was identified as Jimmy Delos Reyes Viray, 39, single, a resident [...] Read more


D’ SLASHER... BRYAN

19 Jul 2017 Hits:107 Be the first to comment!

Este si Bryan Russel Balansag Animos , ta llama conele “Bryan “, 26 años de edad, 5’10 el altor , soltero y residente de Pasonanca Ciudad de Zamboanga . Su [...] Read more


D’ QUICK BROWN FOX … Rhon Rhon

18 Jul 2017 Hits:125 Be the first to comment!

Este si Ronnel  Tatud Daruca , ta llama conele na palayao “Rhon Rhon”, 28 años de edad , 5’8” el altor , soltero y residente de Tumaga , Ciudad de [...] Read more


D’ HAWK... ALVIN

17 Jul 2017 Hits:117 Be the first to comment!

Este si Alvin John Bernardo Munio , ta llama conele “Alvin”, 31 años de edad, 6’1” el altor , y residente de Caragasan , Maasin , Ciudad de Zamboanga . [...] Read more


DOLPHIN MOVES... JUN JUN

16 Jul 2017 Hits:153 Be the first to comment!

Este si Angelito Surjedo Pacatang Jr., ta llama conele na palayao “Jun Jun” , 26 años de edad , 5’8” el altor y residente de Callejon Drive . Guiwan , [...] Read more


(Sharing Time) There’s no end of the world, but only..

16 Jul 2017 Hits:121 Be the first to comment!

TO disabuse the minds of many, there’s no destruction of our planet Earth in its physical form. The earth won’t at all go kaput or be devastated into pieces. The [...] Read more


IRON MAN PLAYER… Modz

15 Jul 2017 Hits:128 Be the first to comment!

Este si Modivar Mabolo Enriquez, ta llama conele na palayao “Modz”, 36 años de edad,  5’10” el altor, casao y su esposa si Leslie Morales Enriquez, diila mga anak si [...] Read more


Man stabbed in Ayala

15 Jul 2017 Hits:136 Be the first to comment!

A man was allegedly stabbed while walking with his common-law-wife in Dumagsa, Barangay Ayala, this city, on Wednesday night. Reports coming from Police Station 9 identified the victim as Jessie Dagooc [...] Read more


CHO withholds occupancy permits for Z3R housing units

15 Jul 2017 Hits:115 Be the first to comment!

The City Health Office has withheld its recommendation for the issuance of occupancy permits for the housing projects under the Zamboanga City Roadmap to Reconstruction and Rehabilitation (Z3R) due to [...] Read more


Driver surrenders to soldiers after bumping girl on road

14 Jul 2017 Hits:141 Be the first to comment!

For fear of retaliation from the family of his victim, a Public Utility Van (PUV) driver surrendered to the members of the Philippine Marines manning a checkpoint at Barangay Muti, [...] Read more