Philippines – Unemployment

Philippines Unemployment

Philippines unemployment data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 2.24%.

COUNTRY: Philippines

UNIT: percent of GDP

SOURCE: World Bank / public data sources

UPDATED: 2026-08-31 05:08:45

GM ECONOMY RATING

Philippines · Economic Stability Rating

Composite rating based on inflation, growth, debt, unemployment and current account.

BBB

75 / 100

Good stability

Fiscal stability

11.0 / 25

Macroeconomic stability

20.0 / 20

External stability

9.0 / 15

Financial robustness

13.0 / 15

Structural stability

13.0 / 15

Future capacity

9.0 / 10

Demographic capacity

3.5 / 5

Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.

Time range:

Selected year: · Value: