The Philippines has made major achievements in women’s economic empowerment; with more than 40% of women enrolled in tertiary education, women holding 40% of senior management roles, and owning almost one quarter of small to medium enterprises. The Philippines is the gender equality leader in South East Asia and ranked 8th out of 149 countries in the 2018 global gender gap index.
While the Philippines has made strong progress, cultural and political barriers continue to restrict opportunities available to women. Taking into account women’s higher levels of education, employers in the Philippines pay women 23-30%2 less than men, and appoint fewer women to leadership positions with 30% of boards composed entirely of men.
Filipino cultural norms also place the burden of unpaid housework and childcare upon women, restricting opportunities to progress in the workplace and in business. Women’s workforce participation is just 46% in the Philippines compared to 76% for men.
In collaboration with corporations and business leaders, impact investors and entrepreneurs, governments and advocates in the Philippines, Investing in Women is building the business case and spearheading the campaign for women’s economic equality in South East Asia.
A study released by the National Economic and Development Authority (NEDA), Determinants of Female Labor Force Participation in the Philippines, has identified the factors affecting the decreasing participation of Filipino women in the workforce.
This report provides a snapshot of the experiences and insights of stakeholders from the Asian Venture Philanthropy Network (AVPN), as well as recommendations on how to further develop the impact investing ecosystem.
Examining the Women’s Low Labor Market Participation Rate in the Philippines: Is Housework the Missing Link?
This paper looks into the role of women’s housework and discusses the role of housework on men’s market work in the Philippines.