Wage bill as a percentage of GDP in Philippines
Philippines: Wage bill as a percentage of GDP was 6.5% in 2022. ▲ Rising
Latest (2022)
6.5%
Change on year
down 4.1%
World rank
121st
of 191 countries
All-time high
6.8%
in 2021
All-time low
4.6%
in 2014
Years of data
23
2000–2022
Wage bill as a percentage of GDP in Philippines, 2000–2022
Source: World Bank.
Analysis
Philippines recorded 6.5% for wage bill as a percentage of gdp in 2022.
The figure is down 4.1% on the previous year and up 33.1% over ten years.
Over the whole period, wage bill as a percentage of gdp in Philippines peaked at 6.8% in 2021 and was at its lowest, 4.6%, in 2014.
Philippines ranks 121st of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Wage bill as a percentage of GDP in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.1% | — |
| 2001 | 5.9% | -2.5% |
| 2002 | 6.1% | +3.0% |
| 2003 | 5.9% | -4.3% |
| 2004 | 5.3% | -9.2% |
| 2005 | 5.0% | -5.8% |
| 2006 | 5.0% | -1.0% |
| 2007 | 4.9% | -1.0% |
| 2008 | 4.7% | -5.1% |
| 2009 | 4.9% | +6.0% |
| 2010 | 5.0% | +1.2% |
| 2011 | 4.9% | -1.2% |
| 2012 | 4.9% | -0.5% |
| 2013 | 4.8% | -1.6% |
| 2014 | 4.6% | -5.4% |
| 2015 | 4.8% | +4.2% |
| 2016 | 4.8% | +0.3% |
| 2017 | 4.9% | +2.2% |
| 2018 | 5.4% | +10.7% |
| 2019 | 5.7% | +5.7% |
| 2020 | 6.6% | +14.9% |
| 2021 | 6.8% | +3.8% |
| 2022 | 6.5% | -4.1% |
Philippines compared with similar countries
- Philippines's 6.5% is below the median for upper middle income countries, which is 8.4%, 78% of the median. (57 countries reporting)
- Philippines's 6.5% is below the median for East Asia & Pacific, which is 8.6%, 76% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 4.7% | 6.1% | 10 |
| 2010s | 5.0% | 4.6% | 5.7% | 10 |
| 2020s | 6.6% | 6.5% | 6.8% | 3 |
Countries ranked near Philippines
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Philippines?
- Wage bill as a percentage of gdp in Philippines was 6.5% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Philippines?
- The highest recorded value was 6.8% in 2021.
- What is the lowest wage bill as a percentage of gdp recorded in Philippines?
- The lowest recorded value was 4.6% in 2014.
- How does Philippines rank for wage bill as a percentage of gdp?
- Philippines ranks 121st out of 191 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Philippines?
- Over the last ten years it is up 33.1%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).