Wages in Philippines increased to 13487.30 PHP/Month in 2018 from 12646 PHP/Month in 2017.

Wages in Philippines averaged 8375.27 PHP/Month from 2001 until 2018, reaching an all time high of 13487.30 PHP/Month in 2018 and a record low of 5798 PHP/Month in 2001. This page provides - Philippines Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Average Nominal Wages - values, historical data and charts - was last updated on June of 2020.

Wages in Philippines is expected to reach 12500.00 PHP/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Average Nominal Wages is projected to trend around 12500.00 PHP/Month in 2021, according to our econometric models.

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Philippines Average Nominal Wages

Actual Previous Highest Lowest Dates Unit Frequency
13487.30 12646.00 13487.30 5798.00 2001 - 2018 PHP/Month Yearly

Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.70 5.30 17.70 4.50 percent [+]
Employed Persons 33764.00 42653.00 43146.34 18567.00 Thousand [+]
Unemployed Persons 7254.00 2390.00 7254.00 1720.00 Thousand [+]
Labor Force Participation Rate 61.71 61.47 71.50 60.10 percent [+]
Wages in Manufacturing 122.31 123.66 123.66 48.63 points [+]
Population 108.80 107.00 108.80 26.27 Million [+]
Minimum Wages 537.00 537.00 537.00 89.00 PHP/day [+]
Employment Rate 94.69 95.46 95.46 85.60 percent [+]