According to the National Wages and Productivity Commision of Phillipine, Phillipine ranked No. 11 among Asian countries in 2005. Its average producticity of $663.80, the third lowest among East Asian countries. It's only higher than Cambodia and Vietnam (Burma and East Timor excluded). The highest is Hong Kong ($56,254.66) and Singapore ($47,621.51).
Labor productivity is the average output per employed person. It is computed by dividing the annual Gross Domestic Product (GDP) by the number of employed people.
Phillipine seems a little bit upset about it, and therefore, has to improve thier productivity.
Resorce: "DOLE RP MUST HIKE PRODUCTIVITY"
Financial Times, Philippine Daily Inquirer, March 12, 2007.
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