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Philippines — Unemployment
Unemployment Rate for Philippines, 1991–2025.
Latest value · 2025
2.23%
Unemployment Rate · % of total labor force · -40.0% since 1991
Unemployment for Philippines was 2.23% in 2025, according to the latest World Bank data. The series covers 35 years, from 1991 to 2025. The highest recorded value was 4.05% in 2006. The lowest was 2.20% in 2023 (about 1.0× the low point). Across that span the compound annual growth rate works out to -1.49% per year.
Philippines ranks 167 of 187 economies on this measure (1 = highest), putting it in the top 89%. The median for East Asia & Pacific is 3.05%, so Philippines sits below it. It peaked in 2006 and has fallen 45% since. Over the last decade (2015–2025) the figure moved down 27%.
Key figures
Latest (2025)
2.23%
First (1991)
3.73%
Change
-40.0%
Highest
4.05%
in 2006
Lowest
2.20%
in 2023
Average
3.33%
Annual growth (CAGR)
-1.49%
Years of data
35
Recent years
| Year | % of total labor force |
|---|---|
| 2025 | 2.24% |
| 2024 | 2.2% |
| 2023 | 2.2% |
| 2022 | 2.6% |
| 2021 | 3.4% |
| 2020 | 2.52% |
| 2019 | 2.24% |
| 2018 | 2.34% |
| 2017 | 2.55% |
| 2016 | 2.7% |
| 2015 | 3.07% |
| 2014 | 3.6% |
Reading this correctly. Share of the labor force without work but available for and seeking employment. National definitions differ, so cross-country comparison needs care. Figures are in % of total labor force. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SL.UEM.TOTL.ZS — Unemployment Rate. Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.