The Philippines Among The Countries With Lowest Salary
According to the August 2020 data compiled by the e-commerce platform, Picodi, the Philippines is among the countries with the lowest average wage in the world. Grabbing the 95th spot out of 106 countries, their data revealed that the country’s average wage is only $300, which is equivalent to ₱15,200.
The Philippines is a little above Indonesia and Bangladesh both with an average salary of ₱15,100 ($306). Meanwhile, the rest of the countries with lower average salaries are Tunisia and Nicaragua with ₱14,700 ($308); Georgia with ₱14,100 ($284); and Algeria with ₱s13,200 ($266).
The countries who topped the list were Switzerland with ₱296,200 ($5,989)followed by Luxembourg with ₱198,500 ($4,014), and the United States with ₱174,800 ($3,534); Denmark with ₱173,900 ($3,515); and Singapore with ₱168,900 ($3,414).
On the other side of the scale, the countries with the lowest average wage were Pakistan with $209 (₱10,300), Nepal with $192 (₱9,500), Nigeria with $184 (₱9,100), Uganda with $171 (₱8,500), and Cuba with $36 (₱1,800).
The current minimum wage in Metro Manila is ₱537 per day which equates to about ₱10,740 per month with a five-day workweek. In addition, the minimum wage varies from region to region, but is generally lower for other regions across the country.