Income Gap Of The Philippines
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The difference between the income gap and the poverty gap is the use of number of poor families individuals as denominator for the income gap.
Income gap of the philippines. For the poverty gap the total number of families individuals is used. Balisacan shigeaki fujisaki chapter i what do we really know or don t know about economic inequality and poverty in the philippines. Published in 1998 contents contents 331kb preface arsenio m. 1997 philippine poverty statistics.
Growth poverty and income inequality in the philippines asedp no 46 edited by arsenio m. The gap between the rich and the poor is most pronounced in the philippines as compared with neighboring southeast asian nations a new study by research and advisory firm stratbase research. However household consumption as a percentage of gdp has fluctuated over the same period accounting for 74 6 in 2006 before hitting a 10 year low of 71 6 in 2010. 12 series of 2008 approved.
The philippine statistics authority psa reported that total household expenditure increased by 8 34 in both 2016 and 2017 to p10 7trn 211bn and p11 6trn 229bn respectively. In philippines economy director is on the top list of highest earners earning an average gross salary of php 3 533 102. Administrative assistant earn a gross annual average of php 216 106 while junior accountant earn php 256 971.
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