28/08/2024
𝗔𝗿𝗲 𝘆𝗼𝘂 𝗽𝗼𝗼𝗿, 𝗺𝗶𝗱𝗱𝗹𝗲 𝗰𝗹𝗮𝘀𝘀, 𝗼𝗿 𝗿𝗶𝗰𝗵? 𝗛𝗲𝗿𝗲'𝘀 𝗵𝗼𝘄 𝗺𝘂𝗰𝗵 𝗙𝗶𝗹𝗶𝗽𝗶𝗻𝗼 𝗶𝗻𝗰𝗼𝗺𝗲 𝗴𝗿𝗼𝘂𝗽𝘀 𝗮𝗿𝗲 𝗲𝗮𝗿𝗻𝗶𝗻𝗴
RANGE OF MONTHLY FAMILY INCOMES (for a family size of 5 members)
To which income group do you belong?
Filipinos often brand themselves as either rich or poor, with others thinking they belong somewhere in between.
But how does one exactly determine that? PhilSTAR L!fe reached out to the Philippine Institute for Development Studies (PIDS), the country’s primary socioeconomic policy think tank, to know the latest data on who’s who.
Citing the Philippine Statistics Authority's family income and expenditure survey (FIES) conducted in 2021, the PIDS said there are seven income groups in the Philippines:
Courtesy of Philippine Star Life
