Minimum Wages in Philippines remained unchanged at 610 PHP/day in 2024 from 610 PHP/day in 2023. Minimum Wages in Philippines averaged 354.32 PHP/day from 1989 until 2024, reaching an all time high of 610.00 PHP/day in 2023 and a record low of 89.00 PHP/day in 1989. source: Department of Labor and Employment

Minimum Wages in Philippines is expected to reach 610.00 PHP/day by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Daily Minimum Wages is projected to trend around 660.00 PHP/day in 2025, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 45942.89 47801.49 Thousand Mar 2024
Employment Rate 96.00 96.10 percent Apr 2024
Labor Force Participation Rate 64.10 65.30 percent Apr 2024
Minimum Wages 610.00 610.00 PHP/day Jan 2024
Population 111.90 110.90 Million Dec 2023
Unemployed Persons 2150.37 2089.89 Thousand Mar 2024
Unemployment Rate 4.00 3.90 percent Apr 2024

Philippines Daily Minimum Wages
Minimum Wages in Philippines refer to daily minimum wages in non-agriculture sector in the National Capital Region.
Actual Previous Highest Lowest Dates Unit Frequency
610.00 610.00 610.00 89.00 1989 - 2024 PHP/day Yearly