In 2006, the average annual family income of Filipino Families (P173 thousand) was 16.8 percent higher than the 2003 estimated average of 148 thousand.
Correspondingly, the average annual family expenditure of families increased from P124 thousand in 2003 to P147 thousand (18.5%) in 2006.
Adjusting for the inflation between 2003 and 2006, the average annual family income in 2006 (P173 thousand) would be valued at P125 thousand at 2000 prices. Likewise, the average annual family expenditure in 2006 (P147 thousand) would be valued at P107 thousand at 2000 prices.
|Source Institution||Department of Interior and Local Government|
|Place of Publication||Quezon City|
|Original Publication Date||February 5, 2009|