Changes to household spending Philippines Q4 2023

Published by
Christy Balita,
Dec 13, 2023
According to a survey on personal finance conducted during the fourth quarter of 2023 in the Philippines, 51 percent of respondents stated that they had to cut back on discretionary spending in the previous three months. In contrast, 14 percent of respondents said they added subscriptions or memberships to their budget.

Changes to household spending in the last three months in the Philippines as of 4th quarter 2023

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Release date

November 2023

Region

Philippines

Survey time period

September 27 to October 10, 2023

Number of respondents

907 respondents

Age group

18 years and older

Special properties

survey included quotas of age, gender, household income and region to represent the overall population

Method of interview

Online survey

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