Philippines Unemployment Rate 1991-2024
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- Philippines unemployment rate for 2023 was 2.23%, a 0.37% decline from 2022.
- Philippines unemployment rate for 2022 was 2.60%, a 0.8% decline from 2021.
- Philippines unemployment rate for 2021 was 3.40%, a 0.88% increase from 2020.
- Philippines unemployment rate for 2020 was 2.52%, a 0.29% increase from 2019.
| Philippines Unemployment Rate - Historical Data |
| Year |
Unemployment Rate (%) |
Annual Change |
| 2023 |
2.23% |
-0.37% |
| 2022 |
2.60% |
-0.80% |
| 2021 |
3.40% |
0.88% |
| 2020 |
2.52% |
0.29% |
| 2019 |
2.24% |
-0.10% |
| 2018 |
2.34% |
-0.21% |
| 2017 |
2.55% |
-0.14% |
| 2016 |
2.70% |
-0.37% |
| 2015 |
3.07% |
-0.53% |
| 2014 |
3.60% |
0.10% |
| 2013 |
3.50% |
-0.01% |
| 2012 |
3.50% |
-0.09% |
| 2011 |
3.59% |
-0.01% |
| 2010 |
3.61% |
-0.25% |
| 2009 |
3.86% |
0.14% |
| 2008 |
3.72% |
0.29% |
| 2007 |
3.43% |
-0.62% |
| 2006 |
4.05% |
0.26% |
| 2005 |
3.80% |
0.24% |
| 2004 |
3.55% |
0.03% |
| 2003 |
3.53% |
-0.09% |
| 2002 |
3.62% |
-0.08% |
| 2001 |
3.70% |
-0.07% |
| 2000 |
3.77% |
0.01% |
| 1999 |
3.76% |
0.05% |
| 1998 |
3.71% |
0.09% |
| 1997 |
3.62% |
-0.02% |
| 1996 |
3.64% |
-0.07% |
| 1995 |
3.71% |
-0.09% |
| 1994 |
3.80% |
-0.10% |
| 1993 |
3.90% |
0.01% |
| 1992 |
3.88% |
0.11% |
| 1991 |
3.77% |
0.11% |
