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Average annual expenditures of families in the Philippines from 2018 to 2023 (in 1,000 Philippine pesos)

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Source

Release date

August 2024

Region

Philippines

Survey time period

2018 to 2023

Supplementary notes

*Preliminary figures.

One Philippine peso is equal to 0.017 U.S. dollars and 0.016 euros as of August 2024.

Citation formats

Average annual family expenditure Philippines 2018-2023

Published by Zeynep Dierks, Sep 2, 2024

The average annual expenditure of families in the Philippines increased to ** Philippine pesos, according to the preliminary estimates for 2023. Across regions, families in NCR had the highest average expenditure in that year. 

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