LU3: Combined rate of unemployment and potential labour force in Philippines
Philippines: LU3: Combined rate of unemployment and potential labour force was 4.85 in 2023. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in Philippines, 2003–2023
Source: International Labour Organization.
Analysis
Philippines recorded 4.85 for lu3: combined rate of unemployment and potential labour force in 2023. That is the lowest value across all 5 years on record.
That represents a change of down 14.6% on the previous year and down 17.6% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in Philippines peaked at 11.04 in 2003 and was at its lowest, 4.85, in 2023.
That places Philippines 72nd out of 89 countries with data for 2023, putting it in the bottom quarter.
LU3: Combined rate of unemployment and potential labour force in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 11.04 | — |
| 2017 | 5.88 | -46.7% |
| 2021 | 8.61 | +46.4% |
| 2022 | 5.68 | -34.0% |
| 2023 | 4.85 | -14.6% |
Philippines compared with similar countries
- Philippines's 4.85 is below the median for upper middle income countries, which is 9.28, 52% of the median. (26 countries reporting)
- Philippines's 4.85 is above the median for East Asia & Pacific, which is 4.84, 1.0× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.04 | 11.04 | 11.04 | 1 |
| 2010s | 5.88 | 5.88 | 5.88 | 1 |
| 2020s | 6.38 | 4.85 | 8.61 | 3 |
Countries ranked near Philippines
- 69 United States 5.24 compare
- 70 Singapore 5.21
- 71 Slovenia 5.13 compare
- 73 Cote d'Ivoire 4.84 compare
- 74 South Korea 4.84 compare
- 75 Cambodia 4.65 compare
More work & labour data for Philippines
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.6532 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5998 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7053 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.7536 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.65 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 93,465 1000 No (2050)
- Population - Est. & Proj. — Rural population 57,828 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 57,691 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 56,530 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 114,222 1000 No (2100)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in Philippines?
- Lu3: combined rate of unemployment and potential labour force in Philippines was 4.85 in 2023, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in Philippines?
- The highest recorded value was 11.04 in 2003.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in Philippines?
- The lowest recorded value was 4.85 in 2023.
- How does Philippines rank for lu3: combined rate of unemployment and potential labour force?
- Philippines ranks 72nd out of 89 countries with data for 2023.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in Philippines?
- Over the last ten years it is down 17.6%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
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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. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU3 represents the share of the extended labour force that are in unemployment or the potential labour force. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.