Upper Income Class Philippines

During the late 1970s the philippines entered lower middle income status and remained so.

Upper income class philippines. Worse their income is almost equivalent to the total income earned by 30 of the families in the philippines. Between php 20 962 and php 41 924. 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. 41 924 to 73 367.

Evidence from the family income and expenditure survey 2009 stephen jun villejo. And upper high income class. Upper income class but not rich. Upper middle income between seven and twelve times the poverty line.

Between seven and 12 times the poverty line. Between four and seven times the poverty line. The results and discussions part describes the descriptions. Between php 73 367 and php 125 772.

73 367 to 125 772. 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. Middle middle income between four and seven times the poverty line. Between php 41 924 and php 73 367.

What about those who are above. The baseline class is the low income class. The upper income class and the rich. Thus if the social amelioration program for 18 million households out of 24 4 million estimated households in.

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. Determinants of income class in philippine households. About a quarter are middle middle class and a tenth in the upper middle income class. If we looked at income distribution the results are alarming.

After middle income class only two classifications are left.