As of September 2024, an average Filipino has to work for 68.8 days to afford the latest iPhone 16 Pro, with a storage of 128 gigabytes, which retails at around 70,000 Philippine pesos. This takes in consideration the average monthly net wage of about 21,400 Philippine pesos as of this period. The number of working days an average Filipino needs to work to afford the latest iPhone model has gradually declined since 2018.
Number of working days needed to afford a new iPhone in the Philippines from September 2018 to September 2024
(in days)
The figures were calculated based on the official prices of the new iPhone model in relation to the average wage. In 2023, the average wage in the country according to Numbeo was roughly 18.7 thousand Philippine pesos while the new iPhone 15 Pro with 128 gigabytes was priced at around 71 thousand Philippine pesos.
Monthly wages were divided by 21 – the average number of working days in a month.
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Picodi. (September 9, 2024). Number of working days needed to afford a new iPhone in the Philippines from September 2018 to September 2024 (in days) [Graph]. In Statista. Retrieved November 20, 2024, from https://www.statista.com/statistics/1331127/philippines-number-of-working-days-needed-to-afford-new-iphone/
Picodi. "Number of working days needed to afford a new iPhone in the Philippines from September 2018 to September 2024 (in days)." Chart. September 9, 2024. Statista. Accessed November 20, 2024. https://www.statista.com/statistics/1331127/philippines-number-of-working-days-needed-to-afford-new-iphone/
Picodi. (2024). Number of working days needed to afford a new iPhone in the Philippines from September 2018 to September 2024 (in days). Statista. Statista Inc.. Accessed: November 20, 2024. https://www.statista.com/statistics/1331127/philippines-number-of-working-days-needed-to-afford-new-iphone/
Picodi. "Number of Working Days Needed to Afford a New Iphone in The Philippines from September 2018 to September 2024 (in Days)." Statista, Statista Inc., 9 Sep 2024, https://www.statista.com/statistics/1331127/philippines-number-of-working-days-needed-to-afford-new-iphone/
Picodi, Number of working days needed to afford a new iPhone in the Philippines from September 2018 to September 2024 (in days) Statista, https://www.statista.com/statistics/1331127/philippines-number-of-working-days-needed-to-afford-new-iphone/ (last visited November 20, 2024)
Number of working days needed to afford a new iPhone in the Philippines from September 2018 to September 2024 (in days) [Graph], Picodi, September 9, 2024. [Online]. Available: https://www.statista.com/statistics/1331127/philippines-number-of-working-days-needed-to-afford-new-iphone/
