Statizoid

Monthly minimum wage, annual growth rate in Philippines

Philippines: Monthly minimum wage, annual growth rate was 0 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0 % change on previous year
Change on year
down 100.0%
World rank
94th
of 168 countries
All-time high
13.8 % change on previous year
in 1996
All-time low
-42.07 % change on previous year
in 2010
Years of data
29
1996–2024

Monthly minimum wage, annual growth rate in Philippines, 1996–2024

-40-200201996201020241996: 13.8 % change on previous year1997: 12.1 % change on previous year1998: 7 % change on previous year1999: 12.9 % change on previous year2000: 11.9 % change on previous year2001: 6 % change on previous year2002: 5.7 % change on previous year2003: 0 % change on previous year2004: 7.1 % change on previous year2005: 8.3 % change on previous year2006: 7.7 % change on previous year2007: 3.4 % change on previous year2008: 5.5 % change on previous year2009: 0 % change on previous year2010: -42.1 % change on previous year2011: 4.5 % change on previous year2012: 0 % change on previous year2013: 0 % change on previous year2014: 7.8 % change on previous year2015: 0 % change on previous year2016: 4 % change on previous year2017: 1.9 % change on previous year2018: 5.7 % change on previous year2019: 0 % change on previous year2020: 0.714 % change on previous year2021: 0 % change on previous year2022: 9.9 % change on previous year2023: 3 % change on previous year2024: 0 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, monthly minimum wage, annual growth rate in Philippines stood at 0 % change on previous year.

Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, monthly minimum wage, annual growth rate in Philippines peaked at 13.8 % change on previous year in 1996 and was at its lowest, -42.07 % change on previous year, in 2010.

That places Philippines 94th out of 168 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Monthly minimum wage, annual growth rate in Philippines, year by year

Year % change on previous year Change
1996 13.8 % change on previous year —
1997 12.11 % change on previous year -12.3%
1998 7.05 % change on previous year -41.8%
1999 12.88 % change on previous year +82.7%
2000 11.85 % change on previous year -7.9%
2001 6 % change on previous year -49.4%
2002 5.66 % change on previous year -5.7%
2003 0 % change on previous year -100.0%
2004 7.15 % change on previous year —
2005 8.33 % change on previous year +16.6%
2006 7.69 % change on previous year -7.7%
2007 3.43 % change on previous year -55.4%
2008 5.53 % change on previous year +61.2%
2009 0 % change on previous year -100.0%
2010 -42.07 % change on previous year —
2011 4.5 % change on previous year -110.7%
2012 0 % change on previous year -100.0%
2013 0 % change on previous year —
2014 7.76 % change on previous year —
2015 0 % change on previous year -100.0%
2016 4 % change on previous year —
2017 1.92 % change on previous year -51.9%
2018 5.66 % change on previous year +194.3%
2019 0 % change on previous year -100.0%
2020 0.7143 % change on previous year —
2021 0 % change on previous year -100.0%
2022 9.93 % change on previous year —
2023 3 % change on previous year -69.8%
2024 0 % change on previous year -100.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.46 % change on previous year 7.05 % change on previous year 13.8 % change on previous year 4
2000s 5.56 % change on previous year 0 % change on previous year 11.85 % change on previous year 10
2010s -1.82 % change on previous year -42.07 % change on previous year 7.76 % change on previous year 10
2020s 2.73 % change on previous year 0 % change on previous year 9.93 % change on previous year 5

Countries ranked near Philippines

  1. 91 New Zealand 1.98 % change on previous year compare
  2. 92 Costa Rica 1.83 % change on previous year compare
  3. 93 New Caledonia 0.9113 % change on previous year compare
  4. 94 Afghanistan 0 % change on previous year compare
  5. 94 Armenia 0 % change on previous year compare
  6. 94 Antigua and Barbuda 0 % change on previous year compare
  7. 94 Azerbaijan 0 % change on previous year compare
  8. 94 Burundi 0 % change on previous year compare
  9. 94 Benin 0 % change on previous year compare
  10. 94 Bangladesh 0 % change on previous year compare
  11. 94 Bahrain 0 % change on previous year
  12. 94 Bahamas 0 % change on previous year compare
  13. 94 Belize 0 % change on previous year compare
  14. 94 Barbados 0 % change on previous year compare
  15. 94 Bhutan 0 % change on previous year compare
  16. 94 Central African Republic 0 % change on previous year
  17. 94 China 0 % change on previous year compare
  18. 94 Cote d'Ivoire 0 % change on previous year compare
  19. 94 Democratic Republic of Congo 0 % change on previous year compare
  20. 94 Congo 0 % change on previous year compare
  21. 94 Comoros 0 % change on previous year compare
  22. 94 Cuba 0 % change on previous year compare
  23. 94 Dominica 0 % change on previous year compare
  24. 94 Algeria 0 % change on previous year compare
  25. 94 Gabon 0 % change on previous year compare
  26. 94 Georgia 0 % change on previous year
  27. 94 Guinea 0 % change on previous year compare
  28. 94 Gambia 0 % change on previous year compare
  29. 94 Guinea-Bissau 0 % change on previous year compare
  30. 94 Equatorial Guinea 0 % change on previous year compare
  31. 94 Grenada 0 % change on previous year compare
  32. 94 Guyana 0 % change on previous year compare
  33. 94 Haiti 0 % change on previous year compare
  34. 94 India 0 % change on previous year compare
  35. 94 Iran 0 % change on previous year compare
  36. 94 Iraq 0 % change on previous year compare
  37. 94 Jordan 0 % change on previous year compare
  38. 94 Kenya 0 % change on previous year compare
  39. 94 Cambodia 0 % change on previous year compare
  40. 94 Kiribati 0 % change on previous year
  41. 94 Saint Kitts and Nevis 0 % change on previous year compare
  42. 94 Kuwait 0 % change on previous year
  43. 94 Laos 0 % change on previous year compare
  44. 94 Liberia 0 % change on previous year
  45. 94 Libya 0 % change on previous year compare
  46. 94 Lesotho 0 % change on previous year compare
  47. 94 Morocco 0 % change on previous year compare
  48. 94 Marshall Islands 0 % change on previous year compare
  49. 94 Mali 0 % change on previous year compare
  50. 94 Myanmar 0 % change on previous year compare
  51. 94 Montenegro 0 % change on previous year compare
  52. 94 Mauritania 0 % change on previous year compare
  53. 94 Malaysia 0 % change on previous year compare
  54. 94 Nigeria 0 % change on previous year compare
  55. 94 Nepal 0 % change on previous year compare
  56. 94 Oman 0 % change on previous year compare
  57. 94 Peru 0 % change on previous year compare
  58. 94 Papua New Guinea 0 % change on previous year compare
  59. 94 Rwanda 0 % change on previous year compare
  60. 94 Sudan 0 % change on previous year compare
  61. 94 Solomon Islands 0 % change on previous year compare
  62. 94 Sierra Leone 0 % change on previous year compare
  63. 94 El Salvador 0 % change on previous year compare
  64. 94 Suriname 0 % change on previous year compare
  65. 94 Seychelles 0 % change on previous year compare
  66. 94 Syria 0 % change on previous year compare
  67. 94 Chad 0 % change on previous year compare
  68. 94 Togo 0 % change on previous year compare
  69. 94 East Timor 0 % change on previous year compare
  70. 94 Tanzania 0 % change on previous year compare
  71. 94 Uganda 0 % change on previous year
  72. 94 Uruguay 0 % change on previous year compare
  73. 94 United States 0 % change on previous year compare
  74. 94 Uzbekistan 0 % change on previous year compare
  75. 94 Venezuela 0 % change on previous year compare
  76. 94 Vanuatu 0 % change on previous year compare
  77. 94 Zambia 0 % change on previous year compare

See the full ranking of 168 places →

More work & labour data for Philippines

All data for Philippines →

Frequently asked questions

What is monthly minimum wage, annual growth rate in Philippines?
Monthly minimum wage, annual growth rate in Philippines was 0 % change on previous year in 2024, according to Statizoid (derived).
What is the highest monthly minimum wage, annual growth rate recorded in Philippines?
The highest recorded value was 13.8 % change on previous year in 1996.
What is the lowest monthly minimum wage, annual growth rate recorded in Philippines?
The lowest recorded value was -42.07 % change on previous year in 2010.
How does Philippines rank for monthly minimum wage, annual growth rate?
Philippines ranks 94th out of 168 countries with data for 2024.
Is monthly minimum wage, annual growth rate rising or falling in Philippines?
Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage, annual growth rate. Statizoid updates them automatically from the source API.

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Monthly minimum wage, annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-annual-growth-rate/philippines/

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<a href="https://labour.statizoid.com/stat/monthly-minimum-wage-annual-growth-rate/philippines/">Monthly minimum wage, annual growth rate in Philippines</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Monthly minimum wage. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Monthly minimum wage, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,741 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Monthly minimum wage. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.