Unemployment rates: modeled vs. national estimates in Philippines

Philippines: Unemployment rates: modeled vs. national estimates was 2.4% in 2023. ▼ Falling

Latest (2023)
2.4%
Change on year
down 7.3%
World rank
161st
of 185 countries
All-time high
11.2%
in 2000
All-time low
2.2%
in 2019
Years of data
54
1969–2023

Unemployment rates: modeled vs. national estimates in Philippines, 1969–2023

24681012196919962023

Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

In 2023, unemployment rates: modeled vs. national estimates in Philippines stood at 2.4%.

That represents a change of down 7.3% on the previous year and down 31.1% over ten years.

Over the whole period, unemployment rates: modeled vs. national estimates in Philippines peaked at 11.2% in 2000 and was at its lowest, 2.2%, in 2019.

Philippines ranks 161st of 185 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 54 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.7% 6.7% 6.7% 1
1970s 4.4% 3.2% 5.4% 9
1980s 6.6% 4.8% 9.1% 10
1990s 8.5% 7.4% 9.4% 10
2000s 5.2% 3.4% 11.2% 10
2010s 3.1% 2.2% 3.6% 10
2020s 2.7% 2.4% 3.4% 4

Countries ranked near Philippines

  1. 159 Japan 2.5% compare
  2. 160 Tanzania 2.4% compare
  3. 162 Cote d'Ivoire 2.3% compare
  4. 164 Kuwait 2.2% compare

See the full ranking of 185 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is unemployment rates: modeled vs. national estimates in Philippines?
Unemployment rates: modeled vs. national estimates in Philippines was 2.4% in 2023, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rates: modeled vs. national estimates recorded in Philippines?
The highest recorded value was 11.2% in 2000.
What is the lowest unemployment rates: modeled vs. national estimates recorded in Philippines?
The lowest recorded value was 2.2% in 2019.
How does Philippines rank for unemployment rates: modeled vs. national estimates?
Philippines ranks 161st out of 185 countries with data for 2023.
Is unemployment rates: modeled vs. national estimates rising or falling in Philippines?
Over the last ten years it is down 31.1%. The long-run trend across the full record is falling.
Where does this Philippines data come from?
The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Unemployment rates: modeled vs. national estimates
Unit
%
Source
Labour Force Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 5,169 data points, 1960–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.