Wages in Manufacturing in Philippines increased to 113.20 points in the second quarter of 2020 from 99.94 points in the first quarter of 2020. source: National Statistics Office of Philippines

Wages in Manufacturing in Philippines averaged 79.60 points from 1995 until 2020, reaching an all time high of 123.66 points in the third quarter of 2019 and a record low of 48.63 points in the first quarter of 1995. This page provides - Philippines Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Wages in Manufacturing Index - values, historical data and charts - was last updated on November of 2020.

Wages in Manufacturing in Philippines is expected to be 100.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Philippines to stand at 120.00 in 12 months time. In the long-term, the Philippines Wages in Manufacturing Index is projected to trend around 125.00 points in 2021, according to our econometric models.

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Philippines Wages in Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
113.20 99.94 123.66 48.63 1995 - 2020 points Quarterly
2016=100, NSA

Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.00 17.70 17.70 4.50 percent [+]
Employed Persons 41306.00 33764.00 43146.34 18567.00 Thousand [+]
Unemployed Persons 4571.00 7254.00 7254.00 1720.00 Thousand [+]
Labor Force Participation Rate 61.94 55.64 71.50 55.64 percent [+]
Wages in Manufacturing 113.20 99.94 123.66 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 90.04 82.32 95.46 82.32 percent [+]