Wages in Manufacturing in Philippines decreased to 121.81 points in the fourth quarter of 2020 from 122.35 points in the third quarter of 2020. source: National Statistics Office of Philippines

Wages in Manufacturing in Philippines averaged 80.42 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 October of 2021.

Wages in Manufacturing in Philippines is expected to be 120.00 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 125.00 in 12 months time. In the long-term, the Philippines Wages in Manufacturing Index is projected to trend around 125.00 points in 2022, according to our econometric models.

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Philippines Wages in Manufacturing Index


Philippines Last Unit Reference Previous Highest Lowest
Unemployment Rate 6.90 percent Sep/21 8.70 17.60 4.50
Employed Persons 41667.06 Thousand Sep/21 43269.00 43269.00 18567.00
Unemployed Persons 3073.23 Thousand Sep/21 4138.00 7254.00 1720.00
Labor Force Participation Rate 59.81 percent Sep/21 63.23 71.50 55.64
Wages in Manufacturing 121.81 points Dec/20 122.35 123.66 48.63
Employment Rate 93.13 percent Sep/21 91.27 95.46 82.32