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Unemployment Rate in Philippines decreased to 5.10 percent in February from 5.80 percent in January of 2026. This dataset provides - Philippines Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterIn 2019, the unemployment rate in the Philippines was at approximately 2.24 percent and on a steady downward trend from 3.6 percent in 2014.
Souvenirs from overseas
The Philippines’ economy relies heavily on remittances from overseas, i.e. money sent home by Filipino emigrants and workers in other countries. In 2016 alone, approximately 30 billion U.S. dollars were received as remittances in the Philippines, and the amount seems to increase significantly every year. This makes the Philippines one of the leading countries worldwide when it comes to receiving remittances, only surpassed by India and China.
Visitors from overseas
The Philippines’ economy is stable, not only because of remittances, but also because of a flourishing services sector, which is now the main generator of GDP in the country; tourism and IT in particular contribute to economic growth. More than half of the Philippines workforce is employed in services.
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Philippines Unemployment Rate: National Capital Region (NCR) data was reported at 6.000 % in Oct 2018. This records a decrease from the previous number of 6.100 % for Jul 2018. Philippines Unemployment Rate: National Capital Region (NCR) data is updated quarterly, averaging 10.900 % from Jul 2004 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 18.400 % in Oct 2004 and a record low of 6.000 % in Oct 2018. Philippines Unemployment Rate: National Capital Region (NCR) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G014: Labour Force Survey: Unemployment Rate.
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The unemployment rate in the Philippines stands at 4.97 percent according to the latest data from . That reading shows a decrease from the level of 5.33 percent in the previous quarter and an increase from the level of 3.92 percent in the same quarter of the previous year. The unemployment...
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TwitterBased on the preliminary estimates for 2024, the unemployment rate in Metro Manila or the National Capital Region (NCR) in the Philippines was at 4.8 percent, significantly lower than the previous year’s estimates. The region’s unemployment rate peaked in 2020 during the onset of the COVID-19 pandemic. Which Metro Manila city has the highest unemployment rate? Valenzuela City had the highest unemployment rate among other cities in Metro Manila in 2022, which was estimated at 9.3 percent. This was followed by the cities of Caloocan and Malabon. Meanwhile, the capital city of Manila had an unemployment rate of about 8.6 percent. The region’s labor force participation rate has been steadily increasing since 2018, although it remains to have one of the lowest employment rates nationwide. Daily minimum wages in Metro Manila As of January 2025, workers in the non-agricultural industries in the National Capital Region (NCR) had a minimum wage of 608 Philippine pesos—the highest nationwide. Despite agriculture not being the leading industry in the region, workers in the agricultural plantation industries also had the same daily minimum wage. As of January 2024, the Philippines had one of the lowest minimum monthly wages in the Asia-Pacific region.
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Philippines Unemployment Rate: Region XII: Soccsksargen data was reported at 3.600 % in Oct 2018. This records an increase from the previous number of 3.300 % for Jul 2018. Philippines Unemployment Rate: Region XII: Soccsksargen data is updated quarterly, averaging 4.300 % from Jul 2004 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 10.800 % in Jul 2004 and a record low of 2.200 % in Jan 2015. Philippines Unemployment Rate: Region XII: Soccsksargen data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G014: Labour Force Survey: Unemployment Rate.
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Graph and download economic data for Youth Unemployment Rate for the Philippines (SLUEM1524ZSPHL) from 1991 to 2025 about Philippines, 15 to 24 years, unemployment, and rate.
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The Philippines: Unemployment rate: The latest value from 2024 is 2.15 percent, a decline from 2.22 percent in 2023. In comparison, the world average is 6.80 percent, based on data from 176 countries. Historically, the average for the Philippines from 1991 to 2024 is 3.36 percent. The minimum value, 2.15 percent, was reached in 2024 while the maximum of 4.05 percent was recorded in 2006.
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TwitterIn 2025, the youth unemployment rate in the Philippines amounted to 7.04 percent. Between 1991 and 2025, the figure dropped by 2.08 percentage points, though the decline followed an uneven course rather than a steady trajectory.
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TwitterThe National Capital Region (NCR) was estimated to have the highest unemployment rate in the Philippines in 2024 at *** percent. The region's unemployment rate was higher than the nationwide average. In contrast, Region IX, or the Zamboanga Peninsula, had the lowest estimated unemployment rate that year.
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Philippines Unemployment Rate: Region I: Ilocos data was reported at 6.700 % in Oct 2018. This records an increase from the previous number of 6.500 % for Jul 2018. Philippines Unemployment Rate: Region I: Ilocos data is updated quarterly, averaging 8.250 % from Jul 2004 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 13.500 % in Jan 2005 and a record low of 5.400 % in Oct 2016. Philippines Unemployment Rate: Region I: Ilocos data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G014: Labour Force Survey: Unemployment Rate.
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Historical dataset showing Philippines unemployment rate by year from 1991 to 2024.
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View yearly updates and historical trends for Philippines Unemployment Rate. Source: World Bank. Track economic data with YCharts analytics.
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Historical dataset showing Philippines youth unemployment rate by year from 1991 to 2024.
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The Philippines: Unemployment rate forecast: The latest value from 2030 is 4.48 percent, unchanged from 4.48 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for the Philippines from 1985 to 2030 is 7.97 percent. The minimum value, 3.81 percent, was reached in 2024 while the maximum of 11.83 percent was recorded in 2004.
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philippines - Youth Unemployment Rate for the Philippines was 6.59% in January of 2024, according to the United States Federal Reserve. Historically, philippines - Youth Unemployment Rate for the Philippines reached a record high of 8.43 in January of 2021 and a record low of 6.59 in January of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for philippines - Youth Unemployment Rate for the Philippines - last updated from the United States Federal Reserve on April of 2026.
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The Philippines: Unemployment rate for males: The latest value from 2024 is 1.94 percent, a decline from 2.02 percent in 2023. In comparison, the world average is 6.29 percent, based on data from 176 countries. Historically, the average for the Philippines from 1991 to 2024 is 3.17 percent. The minimum value, 1.94 percent, was reached in 2024 while the maximum of 3.87 percent was recorded in 2006.
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Philippines Unemployment Rate: Region IVB: Mimaropa data was reported at 5.100 % in Jul 2018. This records a decrease from the previous number of 5.200 % for Apr 2018. Philippines Unemployment Rate: Region IVB: Mimaropa data is updated quarterly, averaging 4.300 % from Jul 2004 (Median) to Jul 2018, with 57 observations. The data reached an all-time high of 8.500 % in Jan 2005 and a record low of 2.600 % in Oct 2015. Philippines Unemployment Rate: Region IVB: Mimaropa data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G014: Labour Force Survey: Unemployment Rate.
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Key information about Philippines Unemployment Rate
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Philippines Unemployment: Grade Completed: College: Graduate data was reported at 849.000 Person th in Feb 2026. This records a decrease from the previous number of 891.000 Person th for Jan 2026. Philippines Unemployment: Grade Completed: College: Graduate data is updated monthly, averaging 676.000 Person th from Jan 2021 (Median) to Feb 2026, with 62 observations. The data reached an all-time high of 1,038.000 Person th in Feb 2021 and a record low of 536.000 Person th in Dec 2023. Philippines Unemployment: Grade Completed: College: Graduate data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G: Labour Force Survey: Unemployment: by Age and Class.
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Unemployment Rate in Philippines decreased to 5.10 percent in February from 5.80 percent in January of 2026. This dataset provides - Philippines Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.