Compensation of employees in Philippines
Philippines: Compensation of employees was 35.0% in 2023. ▬ Flat
Compensation of employees in Philippines, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Philippines recorded 35.0% for compensation of employees in 2023.
The figure is up 4.0% on the previous year and down 4.1% over ten years.
Over the whole period, compensation of employees in Philippines peaked at 38.8% in 2000 and was at its lowest, 30.3%, in 2005.
That places Philippines 46th out of 155 countries with data for 2023, putting it in the middle of the range.
Compensation of employees in Philippines, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 34.4% | — |
| 1991 | 36.3% | +5.3% |
| 1992 | 33.9% | -6.4% |
| 1993 | 33.5% | -1.2% |
| 2000 | 38.8% | +15.6% |
| 2001 | 36.3% | -6.5% |
| 2002 | 37.6% | +3.8% |
| 2003 | 35.9% | -4.6% |
| 2004 | 34.9% | -2.9% |
| 2005 | 30.3% | -13.0% |
| 2006 | 34.0% | +12.1% |
| 2007 | 35.0% | +3.0% |
| 2008 | 34.3% | -2.2% |
| 2009 | 35.5% | +3.6% |
| 2010 | 36.2% | +2.0% |
| 2011 | 36.5% | +0.8% |
| 2012 | 36.2% | -0.7% |
| 2013 | 36.6% | +0.9% |
| 2014 | 35.6% | -2.5% |
| 2015 | 35.4% | -0.8% |
| 2016 | 35.6% | +0.6% |
| 2017 | 35.9% | +0.8% |
| 2018 | 38.0% | +6.0% |
| 2019 | 38.6% | +1.5% |
| 2020 | 33.5% | -13.0% |
| 2021 | 34.7% | +3.4% |
| 2022 | 33.7% | -2.9% |
| 2023 | 35.0% | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.6% | 33.5% | 36.3% | 4 |
| 2000s | 35.3% | 30.3% | 38.8% | 10 |
| 2010s | 36.5% | 35.4% | 38.6% | 10 |
| 2020s | 34.2% | 33.5% | 35.0% | 4 |
Countries ranked near Philippines
- 43 Marshall Islands 35.3% compare
- 44 Dominican Republic 35.2% compare
- 45 Tunisia 35.1% compare
- 47 Cameroon 34.7% compare
- 48 Panama 34.3% compare
- 49 Afghanistan 34.0% compare
More public sector data for Philippines
- Arms imports 238.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 90.4 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 238.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 52.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0133 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.12 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 419.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Philippines?
- Compensation of employees in Philippines was 35.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Philippines?
- The highest recorded value was 38.8% in 2000.
- What is the lowest compensation of employees recorded in Philippines?
- The lowest recorded value was 30.3% in 2005.
- How does Philippines rank for compensation of employees?
- Philippines ranks 46th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Philippines?
- Over the last ten years it is down 4.1%. The long-run trend across the full record is flat.
- Where does this Philippines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (% of expense). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.