Unemployment rate,Percent in Philippines

Philippines: Unemployment rate,Percent was 5.2% in 2026. ▼ Falling

Latest (2026)
5.2%
Change on year
up 11.2%
World rank
37th
of 71 countries
All-time high
11.8%
in 2004
All-time low
4.3%
in 2024
Years of data
36
1991–2026

Unemployment rate,Percent in Philippines, 1991–2026

02.557.51012.51991200820261991: 10.51992: 9.81993: 9.31994: 9.61995: 9.51996: 8.61997: 8.71998: 10.11999: 9.82000: 11.22001: 11.22002: 11.42003: 11.42004: 11.82005: 11.42006: 82007: 7.32008: 7.42009: 7.52010: 7.32011: 72012: 72013: 7.12014: 6.82015: 6.32016: 5.52017: 5.72018: 5.32019: 5.12020: 10.32021: 82022: 5.42023: 4.52024: 4.32025: 4.72026: 5.2

Source: World Bank.

Analysis

Philippines recorded 5.2% for unemployment rate,percent in 2026.

Compared with earlier readings it is up 11.2% on the previous year and down 4.6% over ten years.

Over the whole period, unemployment rate,percent in Philippines peaked at 11.8% in 2004 and was at its lowest, 4.3%, in 2024.

Philippines ranks 37th of 71 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 36 years of available data.

Unemployment rate,Percent in Philippines, year by year

Annual values for Unemployment rate,Percent,,, in Philippines, 1991 to 2026.
Year Value Change
1991 10.5% —
1992 9.8% -6.0%
1993 9.3% -5.1%
1994 9.6% +2.1%
1995 9.5% -0.5%
1996 8.6% -10.0%
1997 8.7% +2.0%
1998 10.1% +15.5%
1999 9.8% -3.0%
2000 11.2% +14.6%
2001 11.2% -0.4%
2002 11.4% +2.0%
2003 11.4% +0.0%
2004 11.8% +4.2%
2005 11.4% -4.0%
2006 8.0% -29.7%
2007 7.3% -8.4%
2008 7.4% +0.7%
2009 7.5% +1.7%
2010 7.3% -2.3%
2011 7.0% -4.1%
2012 7.0% -0.7%
2013 7.1% +1.4%
2014 6.8% -3.5%
2015 6.3% -8.1%
2016 5.5% -13.1%
2017 5.7% +4.6%
2018 5.3% -6.6%
2019 5.1% -3.8%
2020 10.3% +101.0%
2021 8.0% -22.3%
2022 5.4% -32.2%
2023 4.5% -16.1%
2024 4.3% -5.5%
2025 4.7% +8.7%
2026 5.2% +11.2%

Philippines compared with similar countries

  • Philippines's 5.2% is above the median for upper middle income countries, which is 5.2%, 1.0× the median. (19 countries reporting)
  • Philippines's 5.2% is above the median for East Asia & Pacific, which is 3.3%, 1.6× the median. (10 countries reporting)

Biggest year-on-year movements

Years where Unemployment rate,Percent in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +101.0% 5.1% 10.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.5% 8.6% 10.5% 9
2000s 9.9% 7.3% 11.8% 10
2010s 6.3% 5.1% 7.3% 10
2020s 6.1% 4.3% 10.3% 7

Countries ranked near Philippines

  1. 34 Peru 5.4% compare
  2. 35 New Zealand 5.3% compare
  3. 36 Bulgaria 5.2% compare
  4. 38 Dominican Republic 5.1% compare
  5. 39 Ireland 5.0% compare
  6. 40 Slovakia 5.0% compare

See the full ranking of 80 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is unemployment rate,percent in Philippines?
Unemployment rate,percent in Philippines was 5.2% in 2026, according to the World Bank.
What is the highest unemployment rate,percent recorded in Philippines?
The highest recorded value was 11.8% in 2004.
What is the lowest unemployment rate,percent recorded in Philippines?
The lowest recorded value was 4.3% in 2024.
How does Philippines rank for unemployment rate,percent?
Philippines ranks 37th out of 71 countries with data for 2026.
Is unemployment rate,percent rising or falling in Philippines?
Over the last ten years it is down 4.6%. The long-run trend across the full record is falling.
Where does this Philippines data come from?
The figures come from the World Bank, published as part of Unemployment rate,Percent,,,. Statizoid updates them automatically from the source API.

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About this data

Indicator
Unemployment rate,Percent,,,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
80 places, 2,236 data points, 1990–2026
Last refreshed