Global Property Guide

Financial Information for Residential Property Buyers


Price/GDP per Cap - Philippines Compared to Asia

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Click name of country for detailed information
India 627.55x
Cambodia 227.93x
China 145.62x
Philippines 135.02x
Indonesia 78.33x
Thailand 66.96x
Hong Kong 65.59x
Taiwan 46.11x
Japan 41.98x
Malaysia 36.71x
Singapore 25.96x

Philippines: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.


Philippines does not publish official house price statistics. Colliers International has quarterly data of capital values in the Makati-CBD. Economics statistics are available from government agencies - Bangko Sentral ng Pilipinas, National Statistical Coordination Board and National Economic Development Agency.