Philippines Unemployment Rate — 2026 Data, Trend & Forecast
The Philippines' unemployment rate was 2.23% in December 2025, up from 2.20% the previous year. A year earlier it stood at 2.20%.
The Philippines' unemployment rate stands at 2.23% as of December 2025. The unemployment rate currently sits at 2.23% (up from 2.20% in the prior year). Across the tracked window it has ranged between 2.20% and 4.05%, and is 0.03% higher than a year ago.
The trend
Among the 226 economies tracked on this platform, Philippines ranks #199 on unemployment rate by latest value. It rose from 2.20% in the previous year, and compares with a year-earlier 2.20%.
What's driving it
Joblessness tracks the business cycle, labour-force participation and structural shifts in industry, and tends to lag changes in output.
Recent readings
| Period | Unemployment rate |
|---|---|
| Dec 2025 | 2.23% |
| Dec 2024 | 2.20% |
| Dec 2023 | 2.20% |
| Dec 2022 | 2.60% |
| Dec 2021 | 3.40% |
| Dec 2020 | 2.52% |
| Dec 2019 | 2.24% |
| Dec 2018 | 2.34% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Unemployment Rate in the Philippines in 2026?
The Philippines' unemployment rate was 2.23% in December 2025, up from 2.20% the previous year. A year earlier it stood at 2.20%.
Is the unemployment rate rising or falling in the Philippines?
It rose in the latest reading — 2.23% in December 2025 versus 2.20% a year earlier. Year on year it is higher.
What is unemployment rate?
It measures the share of the labour force that is without work but actively seeking a job.