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Compensation of Employees (Local Currency) in Philippines

Source: World Bank
Last Updated: February 1, 2023

Compensation of employees (local currency) reached PHP 1,178 bil in 2020 in Philippines, according to . This is 5.65% more than in the previous year.

Historically, Compensation of Employees (Local Currency) in Philippines reached an all time high of PHP 1,178 bil in 2020 and an all time low of PHP 62.2 bil in 1990.

Philippines has been ranked 17th within the group of 111 countries we follow in terms of Compensation of Employees (Local Currency).

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