Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31
Philippines's unemployment rate stands at 2.24% as of 2025-12-31, up from 2.2% in 2024. Historical data runs from 1991 to 2025 (35 observations).
In 2025, Philippines's unemployment rate was 2.24%, up from 2.2% in 2024.
In 2024, Philippines's unemployment rate was 2.2%, up from 2.2% in 2023.
In 2023, Philippines's unemployment rate was 2.2%, down from 2.6% in 2022.
In 2022, Philippines's unemployment rate was 2.6%, down from 3.4% in 2021.
In 2021, Philippines's unemployment rate was 3.4%, up from 2.52% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 2.24% | +0.033% |
| 2024 | 2.2% | +0.002% |
| 2023 | 2.2% | -0.398% |
| 2022 | 2.6% | -0.8% |
| 2021 | 3.4% | +0.876% |
| 2020 | 2.52% | +0.285% |
| 2019 | 2.24% | -0.101% |
| 2018 | 2.34% | -0.214% |
| 2017 | 2.55% | -0.143% |
| 2016 | 2.7% | -0.373% |
| 2015 | 3.07% | -0.532% |
| 2014 | 3.6% | +0.103% |
| 2013 | 3.5% | -0.007% |
| 2012 | 3.5% | -0.088% |
| 2011 | 3.59% | -0.013% |
| 2010 | 3.61% | -0.253% |
| 2009 | 3.86% | +0.138% |
| 2008 | 3.72% | +0.286% |
| 2007 | 3.43% | -0.618% |
| 2006 | 4.05% | +0.257% |
| 2005 | 3.8% | +0.241% |
| 2004 | 3.55% | +0.027% |
| 2003 | 3.53% | -0.089% |
| 2002 | 3.62% | -0.082% |
| 2001 | 3.7% | -0.072% |
| 2000 | 3.77% | +0.019% |
| 1999 | 3.75% | +0.054% |
| 1998 | 3.7% | +0.105% |
| 1997 | 3.59% | -0.015% |
| 1996 | 3.61% | -0.073% |
| 1995 | 3.68% | -0.087% |
| 1994 | 3.77% | -0.102% |
| 1993 | 3.87% | +0.02% |
| 1992 | 3.85% | +0.122% |
| 1991 | 3.73% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Philippines's unemployment rate is 2.24% as of 2025-12-31, compared with 2.2% in 2024. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 4.05% (2006); the lowest is 2.2% (2023), across data from 1991 to 2025.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.