Philippines vs Venezuela, Bolivarian Republic of: Average hourly earnings of employees
Average hourly earnings of employees over time
- Philippines
- Venezuela, Bolivarian Republic of
How they compare
Philippines currently reports 112.42 against 102.84 in Venezuela, Bolivarian Republic of, a difference of 9.58.
That makes Philippines's figure about 1.1 times Venezuela, Bolivarian Republic of's.
The two have swapped places 2 times across 11 shared years of data; in 2005 it was Venezuela, Bolivarian Republic of ahead.
Philippines ranks 28th and Venezuela, Bolivarian Republic of ranks 30th of 73 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Philippines | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 48.67 | 2,285 | 2,236 | Venezuela, Bolivarian Republic of |
| 2010s | 66.05 | 366.7 | 300.65 | Venezuela, Bolivarian Republic of |
| 2020s | 100.6 | 102.84 | 2.24 | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, Philippines or Venezuela, Bolivarian Republic of?
- Philippines, at 112.42 against 102.84 in Venezuela, Bolivarian Republic of as of 2023.
- What is the difference in average hourly earnings of employees between Philippines and Venezuela, Bolivarian Republic of?
- 9.58, with Philippines ahead.
- How many years of comparable data are there for Philippines and Venezuela, Bolivarian Republic of?
- 11 years are reported by both, from 2005 to 2020.
- How do Philippines and Venezuela, Bolivarian Republic of rank globally for average hourly earnings of employees?
- Philippines ranks 28th and Venezuela, Bolivarian Republic of ranks 30th of 73 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly earnings of employees (Local currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. Data are converted to U.S. dollars as the common currency, using exchange rates or using purchasing power parity (PPP) rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.