Philippines Average Nominal Wages - Forecast

Wages in Philippines is expected to be 8941.52 PHP/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Average Nominal Wages is projected to trend around 10300.00 PHP/Month in 2020, according to our econometric models.


Philippines Average Nominal Wages
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Philippines Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 5 5.5 5.4 5.4 5.3 6.3
Employed Persons 41551 40500 41000 41195 42300 43700
Unemployed Persons 2188 2900 2700 2446 2500 2700
Labor Force Participation Rate 62.1 61.8 62.1 60.89 63.1 64
Wages 8990 8942 8975 9008 8949 10300
Wages in Manufacturing 1616 1250 1770 1564 1770 2020
Population 104 107 107 107 107 110
Employment Rate 95 93.6 93.8 94.28 94.2 94.3