In previous articles, the author talked to you about the economic development of in various countries and wage levels, such as Vietnam, India, South Korea, etc. Today, we talk about Philippines . It has to be said that among Southeast Asian countries, the Philippines is a standard large-capital country with a total population of more than 100 million people. In terms of the total amount of GDP, the total amount of GDP of the Philippines exceeds that of Yunnan Province in my country. So, how much does an ordinary Filipino salary cost per month? Today, let’s talk about this issue.
First of all, let’s talk about the basic situation of the Philippines. The Philippines is a large population among Southeast Asian countries. In 2021, the total population of the Philippines reached 108 million, and it is still growing. Compared with each province in our country, what level are they generally at? The total population of Shandong Province in my country is 101 million, and the total population of Guangdong Province in my country is 126 million. The total population of the Philippines is higher than that of Shandong Province and lower than that of Guangdong Province. The Philippines consists of a series of islands, with a total of more than 7,000 large and small islands nationwide, and the situation is very complicated.
The Philippines has rich resources, especially copper ore and nickel ore have high reserves, ranking among the forefront of the world. The Philippines has weak industrial strength, mainly manufacturing and mineral processing industries. Due to its dense population and relatively few job opportunities, many Filipinos chose to look for jobs abroad. According to statistics, there are more than 10 million Filipinos working abroad, accounting for more than 15% of the national population. For example, in several major cities in our country, there are many Filipinos working.
21, the total GDP of the Philippines was 19.387 trillion peso , equivalent to approximately US$393.466 billion, equivalent to RMB 2.72 trillion. Compared with each province in our country, what level does the total GDP of the Philippines belong to? In 2021, the total GDP of Yunnan Province in my country was 2.71 trillion yuan, and the total GDP of Liaoning Province in my country was 2.75 trillion yuan. The total GDP of the Philippines is slightly higher than that of Yunnan Province and slightly lower than that of Liaoning Province. Of course, the total population of the Philippines exceeds 100 million, which is more than the total population of Yunnan and Liaoning provinces.
Therefore, in terms of per capita economic level, the Philippines is far lower than Yunnan Province and Liaoning Province. In fact, the Philippines has also transported brilliant civilizations. For example, the Sulu of that year, which was one of the vassal states of the Ming Dynasty and had a very good relationship with it. In the late 15th century, with the Ottoman Turkish Empire, Constantinople, the land commercial trade between the East and the West was completely cut off. Subsequently, in order to open up the marine channel, the Western powers began the major navigation era one after another.
Among them, Spain and Portugal took advantage of their geographical advantages and entered the track first. Spain controlled a large area of colonies and became the world's first empire of the sun. At this stage, the Philippines became a Spanish colony. "The new wave of the Yangtze River pushes the old wave," after Britain's rise, it quickly defeated Spain and became a new generation of empire that never sets. However, the Philippines is still under Spain's control. This situation continued until the end of the 19th century.
1895, the total economic output of the United States exceeded that of the United Kingdom and became the world's number one. However, the United States' comprehensive national strength is still far inferior to that of the United Kingdom. In the process of competing for various colonies, the United States is still unable to challenge powerful countries such as Britain and France. Finally, the United States started war against Spain, and in 1898, the Spanish-American War broke out. In the end, Spain was defeated and the Philippines became a colony of the United States. The United States' rule in the colonies continued until the early stages of World War II . In 1941, Japan launched the Pacific War .
Then, troops were sent to occupy all parts of the Philippines. However, this period is very short. In 1945, the United States recaptured the Philippines. Japan was defeated and surrendered, and the Philippines remained the sphere of influence of the United States. In 1946, the Philippines was independent. After World War II, the Soviet Union and the United States entered a tense Cold War period. In order to encircle Soviet expansion, the United States provided a large-scale assistance to the Philippines. Coupled with the stimulation of 's third technological revolution, , the Philippines has made full progress in the Internet field.
Let’s get back to the point and talk about the salary level in the Philippines.Like other Southeast countries, the Philippines adopts the daily minimum wage standard. The economic development of the Philippines is uneven, and the minimum wage standards vary greatly. The capital of the Philippines, Manila, is relatively developed, with a daily minimum wage standard of 537 pesos, which is approximately 65 yuan. Based on the 22-day working day per month, the monthly minimum wage in Manila and other places is more than 1,430 yuan.
As for poor areas in the Philippines, the daily minimum wage standard is 316 pesos, which is approximately 38 yuan. Calculated based on the 22-day working day per month, it is equivalent to more than 830 yuan. The economy of the capital Manila is relatively developed. According to statistics, in 2021, Manila's average monthly salary will be 18,900 pesos, which is about 2,290 yuan. However, this is the salary level of the capital Manila, and many small and medium-sized cities across the country have basically met this standard.
According to statistics, the average monthly salary of small and medium-sized cities in the Philippines is basically between 10,000 pesos and 15,000 pesos, which is approximately between 1,210 yuan and 1,820 yuan. In 2021, the average annual income of households in the Philippines is 307,000 pesos, equivalent to about 37,200 yuan. On average, it is about 3,100 yuan per month. It doesn't seem low, please note that this is the average family income, basically the salary level of the couple.
Among them, the average annual income of households in Manila is 413,000 pesos, which is about 50,000 yuan. On average, it is about 4,500 yuan per month for 12 months, which is exactly twice the average monthly income of Manila. In other words, the salary belongs to the couple. It has to be said that due to limited wage levels, prices in the Philippines are not very high. Of course, if it is an imported product, the price is relatively expensive. According to some international students, the price of some products is twice that of domestic products.
Finally, let’s talk about housing prices in the Philippines. Among all the cities in the Philippines, the capital Manila and surrounding areas live in more than 13 million people, making it the most representative city. As of June 2022, the average house price per square meter in Manila was 186,000 pesos, equivalent to about 22,500 yuan. It has to be said that the housing prices in Manila are not cheap, which is basically the same as those in several provincial capital cities such as Wuhan, Hefei, and Chengdu in the mainland.
There are many more stories about wage standards and economic development in countries around the world. The author will slowly chat with you in future articles.
