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Between four and seven times the poverty line.
Upper class family income philippines. The upper income class and the rich. Salaries vary drastically between different careers. Between php 20 962 and php 41 924. The middle income class is said to earn an average of p36 934 per month while the low income segment earns an average of p9 061 per month.
A family is considered middle class if their monthly income falls within the range of lower middle income class middle middle income class and upper middle income class. Statistical tables on family income and expenditure survey fies from the final results of the 2015 fies. What about those who are above. 41 924 to 73 367.
Between seven and 12 times the poverty line. Upper income class but not rich. 73 367 to 125 772. Between php 73 367 and php 125 772.
Based on the nscb computations using the family income and expenditure surveys fies and the labor force survey lfs a family in the philippines must earn at least php 2 393 126 a year or php 199 927 a month to be counted as part of the high income class in 2010. This is the average monthly salary including housing transport and other benefits. Middle middle income between four and seven times the poverty line. It is good to know that the fies report has those details unfortunately it is still not detailed enough.
Philippine classification of individual consumption according to purpose pcoicop. After middle income class only two classifications are left. Salaries range from 11 300 php lowest average to 199 000 php highest average actual maximum salary is higher. Table 5 average annual family income and expenditure by family size by income class and by region 2015 pdf.
During the late 1970s the philippines entered lower middle income status and remained so. As of 2016 philippine per capita gni atlas method stands at 3 580 which is slightly below the range for upper middle income economies gni per capita of 3 956 12 235. A person working in philippines typically earns around 44 600 php per month. Various government officials have been trumpeting with increasing frequency that the philippines is set to join the ranks of upper middle income countries by 2019.
Upper middle income between seven and twelve times the poverty line.
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