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Manila,
Luzon
 Themes
Regions
More
Information
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Income and
purchasing power
The purchasing power of
individual families, that is the possibility to buy products or
making use of services, is directly related to
both the income of the families and the prices of
products and services. Because the wages are very
low, the purchasing power is low as well. For exemple:
A carpenter in the Philippines earns for a whole day of hard working about
5 American dollar ( or 4 Euro). It is less than one
third of the earnings a carpenter in Western Europe gets for only one hour
of working. |
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Professions and the estimated salaries
in the Philippines, 2002 |
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|
profession |
more details |
estimated salary
per month in peso |
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Jeepney
driver |
Working 10 - 12 hours per day |
3000 - 3500 |
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Chauffeur of a company |
In exceptional cases, they can earn the double |
4000 - 5000 |
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guard
of buildings |
Many have to work 10 - 12
hours a day, 7 days per week |
3000 - 6000 |
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Shop
assistant |
In a big department store |
3500 - 4000 |
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Shop
assistant |
In
a super market or smaller shop |
3000 - 3500 |
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Fabric
worker |
Lower operator |
3000 - 3500 |
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Teacher |
In the province |
7500 -8000 |
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Official |
In the government services, lower level |
5500 - 6000 |
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Carpenter |
Private business, sometimes no project = no
income |
4800 - 5000 |
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Plantation worker |
On the big commercial plantations, 6 days per week |
2000 - 2300 |
Source: Information by Dorothy Codilla,
2002
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Purchasing Power of
the money;
what can you buy for
1 US $
(or
€
1)?
For every dollar (or
Euro) you can buy more in the Philippines than in the USA or
Western Europe. About 3,6 times more. |
Rates,
May 2006
Philippine Peso
per US $ 1 =
52
Philippine Peso
per
€
1 =
66,9 |
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