Minimum Wages in Philippines remained unchanged at 537 PHP/day in 2019 from 537 PHP/day in 2018. source: Department of Labor and Employment

Minimum Wages in Philippines averaged 314.13 PHP/day from 1989 until 2019, reaching an all time high of 537 PHP/day in 2018 and a record low of 89 PHP/day in 1989. This page provides - Philippines Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Daily Minimum Wages - values, historical data and charts - was last updated on February of 2021.

Minimum Wages in Philippines is expected to reach 537.00 PHP/day by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Daily Minimum Wages is projected to trend around 557.00 PHP/day in 2021 and 590.00 PHP/day in 2022, according to our econometric models.

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Philippines Daily Minimum Wages

Actual Previous Highest Lowest Dates Unit Frequency
537.00 537.00 537.00 89.00 1989 - 2019 PHP/day Yearly

Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.70 10.00 17.70 4.50 percent [+]
Employed Persons 39836.00 41306.00 43146.34 18567.00 Thousand [+]
Unemployed Persons 3813.00 4571.00 7254.00 1720.00 Thousand [+]
Labor Force Participation Rate 58.74 61.94 71.50 55.64 percent [+]
Wages in Manufacturing 122.35 113.20 123.66 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 91.27 90.04 95.46 82.32 percent [+]


Philippines Daily Minimum Wages
Minimum Wages in Philippines refer to daily minimum wages in non-agriculture sector in the National Capital Region.