East Asia & Pacific
Philippines Unemployment
Share of the labor force that is without work but available for and seeking employment.
Latest Value
2.2%
As of 2025
YoY Change
+1.5%
2024 → 2025
Record High
4.1%
Recorded in 2006
Record Low
2.2%
Recorded in 2023
10-Year Average
2.5%
2016–2025
Data Range
1991–2025
35 data points
Source
World Bank
Code: SL.UEM.TOTL.ZS
Historical Trend
1991 – 2025
Analysis
The Philippines' low unemployment rate of 2.24% in 2025 indicates a strong labor market. This rate is relatively low compared to other countries, suggesting a high demand for labor and a favorable economic environment. The government's efforts to create jobs and stimulate economic growth may have contributed to this positive outcome.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2025 | 2.2% | 0.0% | +1.5% |
| 2024 | 2.2% | 0.0% | +0.1% |
| 2023 | 2.2% | 0.4% | -15.3% |
| 2022 | 2.6% | 0.8% | -23.5% |
| 2021 | 3.4% | 0.9% | +34.7% |
| 2020 | 2.5% | 0.3% | +12.7% |
| 2019 | 2.2% | 0.1% | -4.3% |
| 2018 | 2.3% | 0.2% | -8.4% |
| 2017 | 2.6% | 0.1% | -5.3% |
| 2016 | 2.7% | 0.4% | -12.2% |
Source: World Bank Open Data · 1991–2025
Neighbouring Countries Ranking
East Asia & Pacific · Unemployment
