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
119th
of 188 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

02462000201120222000: 6.12001: 5.92002: 6.12003: 5.92004: 5.32005: 52006: 52007: 4.92008: 4.72009: 4.92010: 52011: 4.92012: 4.92013: 4.82014: 4.62015: 4.82016: 4.82017: 4.92018: 5.42019: 5.72020: 6.62021: 6.82022: 6.5

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 119th of 188 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 116 Nicaragua 6.6% compare
  2. 117 Tajikistan 6.6% compare
  3. 118 Ethiopia 6.6% compare
  4. 120 Ghana 6.5% compare
  5. 121 Chad 6.5% compare
  6. 122 Turkey 6.4% compare

See the full ranking of 190 places →

More reference data data for Philippines

All data for Philippines →

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 119th out of 188 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).

About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed