Philippines Average Nominal Wages
Average Wages in the Philippines increased to 13,487 pesos per month in 2018, up from 12,646 pesos per month in 2017.
Monthly Average Wages for each year from the year 2001, in pesos per month.
- 2001 – 5,798
- 2002 – 5,905. An increase of 1.85% from last year.
- 2003 – 6,002. An increase of 1.64% from last year.
- 2004 – 6,106. An increase of 1.73% from last year.
- 2005 – 6,400. An increase of 4.81% from last year.
- 2006 – 6,831. An increase of 6.73% from last year.
- 2007 – 6,955. An increase of 1.82% from last year.
- 2008 – 7,275. An increase of 4.60% from last year.
- 2009 – 7,583. An increase of 4.23% from last year.
- 2010 – 7,995. An increase of 5.43% from last year.
- 2011 – 8,280. An increase of 3.56% from last year.
- 2012 – 8,707. An increase of 5.16% from last year.
- 2013 – 9,107. An increase of 4.59% from last year.
- 2014 – 9,582. An increase of 5.22% from last year.
- 2015 – 9,876. An increase of 3.07% from last year.
- 2016 – 12,220. An increase of 23.73% from last year.
- 2017 – 12,646. An increase of 3.49% from last year.
- 2018 – 13,487. An increase of 6.65% from last year.
That shows an average increase, if averaged over the years 2001 to 2018, of 5.09% per year. However, the increase in 2016 is the major influence on that.
Source: tradingeconomics.com/philippines/wages
However, a Government source shows these recent figures
Average Daily Salary, for all industries
Jan 2016 – 400.95
Jan 2017 – 414.64. An increase of 3.41% from last year.
Jan 2018 – 427.76. An increase of 3.16% from last year.
Source: Average Daily Basic Pay of Wage and Salary Workers by Major Industry Group, Philippines: 2016 – January 2018. Table 18.
psa.gov.ph/sites/default/files/attachments/cls/Tab18_9.pdf
400.95 per day over 30 days would be 12,028 per month.
414.64 per day over 30 days would be 12,439 per month.
427.76 per day over 30 days would be 12,833 per month.