The Average Salary in the Philippines
Ever wondered how much the average person in the Philippines earns? Read on to find out!
The average salary in the Philippines is 19,971 pesos per month, which comes out to about $415 US dollars. This figure comes from the most recent data from the Philippine Statistics Authority. The median salary, or middle value of all salaries earned, is slightly lower at 16,229 pesos per month. This means that half of all workers in the Philippines earn less than 16,229 pesos per month, while the other half earn more.
Of course, salaries vary widely depending on factors such as experience, education, industry, and location. For example, workers in Metro Manila earn an average of 22,034 pesos per month, while workers in the Autonomous Region of Muslim Mindanao earn an average of just 13,566 pesos per month. workers with a college degree earn an average of 23,272 pesos per month, while those with only a high school education earn an average of 17,184 pesos per month.
As you can see, there is a wide range in salaries across different industries and regions in the Philippines. However, the average salary for workers in the Philippines is still quite low when compared to other countries in Southeast Asia. For example, workers in Thailand earn an average of 34,410 baht per month (about $1120 US dollars), while workers in Malaysia earn an average of 3261 ringgit per month (about $1000 US dollars). So while salaries have been slowly increasing over time in the Philippines, there is still a long way to go before workers are earning a livable wage.