Philippines: Unemployment rate

* indicates monthly or quarterly data series

Unemployment rate, percent

 Latest value 4.05
 Reference Q1 2024
 Measure percent
 Data availability Q1 1998 - Q1 2024
 Average 7.9
 Min - Max 4.05 - 17.68
 Source Philippine Statistics Authority
For that indicator, we provide data for the Philippines from Q1 1998 to Q1 2024. The average value for the Philippines during that period was 7.9 percent with a minimum of 4.05 percent in Q1 2024 and a maximum of 17.68 percent in Q1 2020. Click on the following link to see the values of Unemployment rate, percent around the world.
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* indicates monthly or quarterly data series

Recent values chart
Philippines - Unemployment rate  - recent values

Historical chart
Philippines - Unemployment rate  - historical chart - 1998-2024
Measure: percent
Source: Philippine Statistics Authority

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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

 Related indicators Latest value Reference Measure
 Labor force 49.48 2023 million people
 Unemployment rate 2.38 2022 percent
 Female unemployment 2.55 2023 percent
 Male unemployment 2.05 2023 percent
 Youth unemployment 6.69 2023 percent
 Labor force participation 60.24 2023 percent
 Labor force: percent female 38.89 2023 percent
 Female labor force participation 47.21 2023 percent
 Male labor force participation 73.08 2023 percent
 Self-employment 36.06 2022 percent
 Employment 47.80 Q3/2023 million employed people
 Unemployment rate 4.19 Q3/2023 percent
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