1. What is Income Percentile?

The income percentile indicates what percentage of the population earns less than you. For example, if you're in the 75th percentile, you earn more than 75% of the population in the Philippines (2024 data).

2. How Does the Calculator Work?

The calculator uses official 2024 Philippines income distribution data:

Where:

• \( Income \) — Annual income in Philippine Pesos (PHP)
• \( Percentile \) — Position in income distribution (0-100%)

Explanation: The calculator matches your income against the latest income distribution statistics for the Philippines.

3. Importance of Income Percentile

Details: Understanding your income percentile helps with financial planning, comparing economic status, and assessing purchasing power relative to the population.

4. Using the Calculator

Tips: Enter your annual income in PHP. The calculator will show your position in the national income distribution.

5. Frequently Asked Questions (FAQ)

Q1: What data source is used?
A: The calculator uses official 2024 Philippines income distribution statistics.

Q2: Is this before or after taxes?
A: The percentile is based on gross (pre-tax) income unless otherwise specified.

Q3: How often is the data updated?
A: The calculator uses the latest available data (2024).

Q4: Are regional differences accounted for?
A: This calculator shows national percentiles. Regional variations may exist.

Q5: What counts as income?
A: All sources of income including salary, business income, investments, etc.