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 July 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

Actual Previous Highest Lowest Dates Unit Frequency
121.81 122.35 123.66 48.63 1995 - 2020 points Quarterly
2016=100, NSA

Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.70 8.70 17.60 4.50 percent [+]
Employed Persons 43269.00 41248.00 43269.00 18567.00 Thousand [+]
Unemployed Persons 4138.00 3953.00 7254.00 1720.00 Thousand [+]
Labor Force Participation Rate 63.23 60.48 71.50 55.64 percent [+]
Wages in Manufacturing 121.81 122.35 123.66 48.63 points [+]
Population 109.60 108.80 109.60 26.27 Million [+]
Minimum Wages 537.00 537.00 537.00 89.00 PHP/day [+]
Employment Rate 91.27 91.25 95.46 82.32 percent [+]