January 2, 2018
Philippine workforce grows at second highest rate in population
107 Million Filipinos by end-2018
The Philippine population will continue to increase throughout 2018 and is projected to reach around 107,190,081 by Dec. 31, 2018, based on projections made by the Commission on Population using the latest population census of 2015 (Philippine Statistics Authority).
A noticeable increase will also be among women of reproductive age. By the end of 2018, there will be around 27,713,110 women of reproductive age (aged 15-49), an increase of over 400,000 from the previous year’s projection. These women are usually the beneficiaries of Reproductive Health services under the Responsible Parenthood and Reproductive Health law. With the increasing trend of pregnancies among 10-14 year-old girls, the number of women and girls of reproductive age would be 33,114,606 (30.5% of the population).
Adolescent girls 10-19 years old next year will increase to 10,697,289. While there is an increase in absolute numbers, the percentage of adolescents in the population is projected to decline to 9.42% for girls 10-19 (from 9.53% in 2017).
Throughout the estimated population age structure (see population pyramid attached), the younger age groups are declining in percentage share compared to 2017 projections: 0-4, 0-14, 10-19 and 15-49). The steepest declines will be seen in the 0-14 (0.30 % decline) and 10-19 (0.23 % decline).
The 15-64 age group increased by .16% from 63.72% to 63.88%. This means that there will be an increasing workforce and older persons, as well as a decreasing population under 14. This leads to fewer children being born providing an opportunity for demographic dividend which the government can capitalize on.
On the other hand, the age group over 60 continues to grow by almost fourth of a percentage (0.23%) over 2017 projections. By year-end 2018 there will be 8,013,059 Filipinos over 60, constituting 8.2% of Filipinos. Of this group, 5,082,049 will be 65 and older. Most countries are considered aging if they have at least 7% of the population over 65 years old.
The figures for women of reproductive age and adolescent girls continue to be the highest numbers on record, even with their decline in percentage of the total population.
“Based on the above projections, the Philippine population will increase by 1.8 million by the end of 2018, growing at a rate of 1.69 percent,” Executive Director Juan Antonio Perez III stated.
“That means we will be adding 4,965 Filipinos per day, or 206 every hour in 2018,” Perez continued.
The estimations made by the Commission on Population for 2018 are based on the Philippine Census of Population in 2015 (PSA), using geometric method.