Monthly minimum wage in Philippines
Philippines: Monthly minimum wage was 8,302 in 2024. ▲ Rising
Monthly minimum wage in Philippines, 1995–2024
Source: International Labour Organization.
Analysis
The most recent figure for monthly minimum wage in Philippines is 8,302, measured in 2024.
Compared with earlier readings it is up 27.7% over ten years.
Over the whole period, monthly minimum wage in Philippines peaked at 9,964 in 2008 and was at its lowest, 3,782, in 1995.
Philippines ranks 70th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Monthly minimum wage in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 3,782 | — |
| 1996 | 4,304 | +13.8% |
| 1997 | 4,825 | +12.1% |
| 1998 | 5,165 | +7.0% |
| 1999 | 5,830 | +12.9% |
| 2000 | 6,521 | +11.9% |
| 2001 | 6,912 | +6.0% |
| 2002 | 7,303 | +5.7% |
| 2003 | 7,303 | +0.0% |
| 2004 | 7,825 | +7.1% |
| 2005 | 8,477 | +8.3% |
| 2006 | 9,129 | +7.7% |
| 2007 | 9,442 | +3.4% |
| 2008 | 9,964 | +5.5% |
| 2009 | 9,964 | +0.0% |
| 2010 | 5,772 | -42.1% |
| 2011 | 6,032 | +4.5% |
| 2012 | 6,032 | +0.0% |
| 2013 | 6,032 | +0.0% |
| 2014 | 6,500 | +7.8% |
| 2015 | 6,500 | +0.0% |
| 2016 | 6,760 | +4.0% |
| 2017 | 6,890 | +1.9% |
| 2018 | 7,280 | +5.7% |
| 2019 | 7,280 | +0.0% |
| 2020 | 7,332 | +0.7% |
| 2021 | 7,332 | +0.0% |
| 2022 | 8,060 | +9.9% |
| 2023 | 8,302 | +3.0% |
| 2024 | 8,302 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,781 | 3,782 | 5,830 | 5 |
| 2000s | 8,284 | 6,521 | 9,964 | 10 |
| 2010s | 6,508 | 5,772 | 7,280 | 10 |
| 2020s | 7,866 | 7,332 | 8,302 | 5 |
Countries ranked near Philippines
- 67 Mozambique 9,498 compare
- 68 Thailand 8,963 compare
- 69 Ukraine 8,647 compare
- 71 Nicaragua 7,693 compare
- 72 Hong Kong, China 6,928 compare
- 73 Seychelles 6,628 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 monthly minimum wage in Philippines?
- Monthly minimum wage in Philippines was 8,302 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Philippines?
- The highest recorded value was 9,964 in 2008.
- What is the lowest monthly minimum wage recorded in Philippines?
- The lowest recorded value was 3,782 in 1995.
- How does Philippines rank for monthly minimum wage?
- Philippines ranks 70th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Philippines?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Labour Organization, published as part of Monthly minimum wage (Local currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates 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.