Filipino families earned a total of P3.01 trillion in 2006 according to the final results of the 2006 Family Income and Expenditure Survey (FIES). Distributing this total annual income among the estimated 17.4 million Filipino families in 2006 resulted in an average annual family income of approximately P173 thousand. The total annual family expenditure was approximately P2.56 trillion, or P147 thousand per family on the average.

Considering the inflation between 2003 and 2006, the total family income in 2006 would be valued at P2.18 trillion at 2000 prices

Total family expenditure in 2006 would be valued at P1.86 trillion at 2000 prices. In real terms, the total income of families increased by 8.5 percent while the total expenditure increased by 10.5 percent between 2003 and 2006.

Total Family Income and Expenditures 2003 and 2006
(at current prices)

Source: National Statistics Office