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    <label xlink:type="resource" xlink:label="dei_AddressTypeDomain_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Address Type [Domain]</label>
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    <loc xlink:type="locator" xlink:label="phg_DocumentAndEntityInformationTable" xlink:href="phg-20221231.xsd#phg_DocumentAndEntityInformationTable" />
    <label xlink:type="resource" xlink:label="phg_DocumentAndEntityInformationTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Document And Entity Information [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DocumentAndEntityInformationTable" xlink:to="phg_DocumentAndEntityInformationTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DocumentAndEntityInformationLineItems" xlink:href="phg-20221231.xsd#phg_DocumentAndEntityInformationLineItems" />
    <label xlink:type="resource" xlink:label="phg_DocumentAndEntityInformationLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Document And Entity Information [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DocumentAndEntityInformationLineItems" xlink:to="phg_DocumentAndEntityInformationLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeStatementAbstract" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeStatementAbstract" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated statements of income [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeStatementAbstract" xlink:to="ifrs-full_IncomeStatementAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Revenue" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Revenue" />
    <label xlink:type="resource" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_Revenue_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CostOfSales" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CostOfSales" />
    <label xlink:type="resource" xlink:label="ifrs-full_CostOfSales_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cost of sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GrossProfit" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GrossProfit" />
    <label xlink:type="resource" xlink:label="ifrs-full_GrossProfit_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gross profit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_GrossProfit_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross margin</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SellingExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SellingExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_SellingExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Selling expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SellingExpense" xlink:to="ifrs-full_SellingExpense_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_SellingExpense_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Selling expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SellingExpense" xlink:to="ifrs-full_SellingExpense_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GeneralAndAdministrativeExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GeneralAndAdministrativeExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">General and administrative expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and administrative expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ResearchAndDevelopmentExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ResearchAndDevelopmentExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_ResearchAndDevelopmentExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Research and development expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ResearchAndDevelopmentExpense" xlink:to="ifrs-full_ResearchAndDevelopmentExpense_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ResearchAndDevelopmentExpense_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Research and development expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ResearchAndDevelopmentExpense" xlink:to="ifrs-full_ResearchAndDevelopmentExpense_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impairment loss recognised in profit or loss, goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Impairment of goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherIncome" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherIncome" xlink:to="ifrs-full_OtherIncome_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherIncome_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other business income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherIncome" xlink:to="ifrs-full_OtherIncome_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherExpenseByFunction" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherExpenseByFunction" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherExpenseByFunction_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other expense, by function</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByFunction" xlink:to="ifrs-full_OtherExpenseByFunction_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherExpenseByFunction_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other business expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByFunction" xlink:to="ifrs-full_OtherExpenseByFunction_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossFromOperatingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossFromOperatingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) from operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income from operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinanceIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinanceIncome" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinanceIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Finance income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncome" xlink:to="ifrs-full_FinanceIncome_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinanceIncome_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncome" xlink:to="ifrs-full_FinanceIncome_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinanceCosts" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinanceCosts" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Finance costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
    <label xlink:type="resource" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share of profit (loss) of associates and joint ventures accounted for using equity method</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in associates, net of income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossBeforeTax" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossBeforeTax" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) before tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income before taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax expense (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income tax expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossFromContinuingOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossFromContinuingOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromContinuingOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) from continuing operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperations" xlink:to="ifrs-full_ProfitLossFromContinuingOperations_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromContinuingOperations_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income from continuing operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperations" xlink:to="ifrs-full_ProfitLossFromContinuingOperations_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossFromDiscontinuedOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) from discontinued operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:to="ifrs-full_ProfitLossFromDiscontinuedOperations_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperations_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discontinued operations, net of income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:to="ifrs-full_ProfitLossFromDiscontinuedOperations_lbl1" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperations_lbl2" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash flows from operating activities - Results of discontinued operations, net of income tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:to="ifrs-full_ProfitLossFromDiscontinuedOperations_lbl2" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLoss" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl1" />
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    <label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other comprehensive income</label>
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    <label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other comprehensive income for the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ComprehensiveIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ComprehensiveIncome" />
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    <label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total comprehensive income for the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl1" />
    <label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome_lbl2" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total comprehensive income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl2" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total comprehensive income attributable to: Shareholders of Koninklijke Philips N.V</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfFinancialPositionAbstract" />
    <label xlink:type="resource" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated balance sheets [Abstract]</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Property, plant and equipment at beginning of period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl1" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl2" />
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    <loc xlink:type="locator" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl1" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl2" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl3" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentReceivables" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentReceivables" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentReceivables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Trade and other non-current receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivables" xlink:to="ifrs-full_NoncurrentReceivables_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentReceivables_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-current receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivables" xlink:to="ifrs-full_NoncurrentReceivables_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" />
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    <label xlink:type="resource" xlink:label="ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in associates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:to="ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherNoncurrentFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherNoncurrentFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other non-current financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentFinancialAssets" xlink:to="ifrs-full_OtherNoncurrentFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentDerivativeFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current derivative financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxAssets" xlink:to="ifrs-full_DeferredTaxAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentNonfinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherNoncurrentNonfinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other non-current non-financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:to="ifrs-full_OtherNoncurrentNonfinancialAssets_lbl" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:to="ifrs-full_OtherNoncurrentNonfinancialAssets_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssets_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total non-current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Inventories" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Inventories" />
    <label xlink:type="resource" xlink:label="ifrs-full_Inventories_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current inventories</label>
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    <label xlink:type="resource" xlink:label="ifrs-full_Inventories_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Inventories</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCurrentFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCurrentFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other current financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentFinancialAssets" xlink:to="ifrs-full_OtherCurrentFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncomeIncludingCurrentContractAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncomeIncludingCurrentContractAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncomeIncludingCurrentContractAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current prepayments and current accrued income including current contract assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncomeIncludingCurrentContractAssets" xlink:to="ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncomeIncludingCurrentContractAssets_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncomeIncludingCurrentContractAssets_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncomeIncludingCurrentContractAssets" xlink:to="ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncomeIncludingCurrentContractAssets_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentDerivativeFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current derivative financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTaxAssetsCurrent" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxAssetsCurrent" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxAssetsCurrent_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current tax assets, current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxAssetsCurrent" xlink:to="ifrs-full_CurrentTaxAssetsCurrent_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxAssetsCurrent_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income tax receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxAssetsCurrent" xlink:to="ifrs-full_CurrentTaxAssetsCurrent_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherCurrentReceivables" />
    <label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Trade and other current receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets or disposal groups classified as held for sale or as held for distribution to owners</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets classified as held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CashAndCashEquivalents" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashAndCashEquivalents" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash and cash equivalents at the beginning of the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl1" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl2" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash and cash equivalents at the end of the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl2" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentAssets_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Assets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Assets" />
    <label xlink:type="resource" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_Assets_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAttributableToOwnersOfParent" />
    <label xlink:type="resource" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity attributable to owners of parent</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholders' equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IssuedCapital" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IssuedCapital" />
    <label xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Issued capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity - Common shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SharePremium" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharePremium" />
    <label xlink:type="resource" xlink:label="ifrs-full_SharePremium_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share premium</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremium" xlink:to="ifrs-full_SharePremium_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_SharePremium_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity - Capital in excess of par value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremium" xlink:to="ifrs-full_SharePremium_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherReserves" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherReserves" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherReserves_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReserves" xlink:to="ifrs-full_OtherReserves_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherReserves_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity - Reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReserves" xlink:to="ifrs-full_OtherReserves_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_EquityOther" xlink:href="phg-20221231.xsd#phg_EquityOther" />
    <label xlink:type="resource" xlink:label="phg_EquityOther_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity, other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityOther" xlink:to="phg_EquityOther_lbl" />
    <label xlink:type="resource" xlink:label="phg_EquityOther_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity - Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityOther" xlink:to="phg_EquityOther_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncontrollingInterests" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncontrollingInterests" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncontrollingInterests_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-controlling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterests" xlink:to="ifrs-full_NoncontrollingInterests_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Equity" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Equity" />
    <label xlink:type="resource" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_Equity_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Group equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl1" />
    <label xlink:type="resource" xlink:label="ifrs-full_Equity_lbl2" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance as of January 1, 2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl2" />
    <label xlink:type="resource" xlink:label="ifrs-full_Equity_lbl3" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance as of December 31, 2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl3" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LongtermBorrowings" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LongtermBorrowings" />
    <label xlink:type="resource" xlink:label="ifrs-full_LongtermBorrowings_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current portion of non-current borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_LongtermBorrowings_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current derivative financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentProvisions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentContractLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentContractLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentContractLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current contract liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentContractLiabilities" xlink:to="ifrs-full_NoncurrentContractLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxLiabilitiesNoncurrent" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxLiabilitiesNoncurrent_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current tax liabilities, non-current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:to="ifrs-full_CurrentTaxLiabilitiesNoncurrent_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxLiabilitiesNoncurrent_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-current tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:to="ifrs-full_CurrentTaxLiabilitiesNoncurrent_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherNoncurrentNonfinancialLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentNonfinancialLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherNoncurrentNonfinancialLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other non-current non-financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentNonfinancialLiabilities" xlink:to="ifrs-full_OtherNoncurrentNonfinancialLiabilities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherNoncurrentNonfinancialLiabilities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other non-current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentNonfinancialLiabilities" xlink:to="ifrs-full_OtherNoncurrentNonfinancialLiabilities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total non-current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current borrowings and current portion of non-current borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Short-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current derivative financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current tax liabilities, current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income tax payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherCurrentPayables" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherCurrentPayables" />
    <label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Trade and other current payables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AccrualsClassifiedAsCurrent" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccrualsClassifiedAsCurrent" />
    <label xlink:type="resource" xlink:label="ifrs-full_AccrualsClassifiedAsCurrent_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accruals classified as current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccrualsClassifiedAsCurrent" xlink:to="ifrs-full_AccrualsClassifiedAsCurrent_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AccrualsClassifiedAsCurrent_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccrualsClassifiedAsCurrent" xlink:to="ifrs-full_AccrualsClassifiedAsCurrent_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentContractLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentContractLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentContractLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current contract liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentContractLiabilities" xlink:to="ifrs-full_CurrentContractLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisions" xlink:to="ifrs-full_CurrentProvisions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentProvisions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Short-term provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisions" xlink:to="ifrs-full_CurrentProvisions_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities included in disposal groups classified as held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities directly associated with assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCurrentNonfinancialLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentNonfinancialLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCurrentNonfinancialLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other current non-financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentNonfinancialLiabilities" xlink:to="ifrs-full_OtherCurrentNonfinancialLiabilities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCurrentNonfinancialLiabilities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentNonfinancialLiabilities" xlink:to="ifrs-full_OtherCurrentNonfinancialLiabilities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EquityAndLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAndLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity and liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total liabilities and group equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfCashFlowsAbstract" />
    <label xlink:type="resource" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated statements of cash flows [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for depreciation and amortisation expense and impairment loss (reversal of impairment loss) recognised in profit or loss</label>
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    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Depreciation, amortization, and impairment of assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for impairment loss recognised in profit or loss, goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Impairment of goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForSharebasedPayments" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for share-based payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Share-based compensation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for losses (gains) on disposal of non-current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:to="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Net loss (gain) on sale of assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:to="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForInterestIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForInterestIncome" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForInterestIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestIncome" xlink:to="ifrs-full_AdjustmentsForInterestIncome_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForInterestIncome_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestIncome" xlink:to="ifrs-full_AdjustmentsForInterestIncome_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForInterestExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForInterestExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForInterestExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for interest expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestExpense" xlink:to="ifrs-full_AdjustmentsForInterestExpense_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForInterestExpense_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Interest expense on debt, borrowings, and other liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestExpense" xlink:to="ifrs-full_AdjustmentsForInterestExpense_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for undistributed profits of associates</label>
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    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Investments in associates, net of income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:to="ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for income tax expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInWorkingCapital_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in working capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:to="ifrs-full_IncreaseDecreaseInWorkingCapital_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInWorkingCapital_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Decrease (increase) in working capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:to="ifrs-full_IncreaseDecreaseInWorkingCapital_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_DecreaseIncreaseInReceivablesAndOtherCurrentAssets" xlink:href="phg-20221231.xsd#phg_DecreaseIncreaseInReceivablesAndOtherCurrentAssets" />
    <label xlink:type="resource" xlink:label="phg_DecreaseIncreaseInReceivablesAndOtherCurrentAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in receivables and other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DecreaseIncreaseInReceivablesAndOtherCurrentAssets" xlink:to="phg_DecreaseIncreaseInReceivablesAndOtherCurrentAssets_lbl" />
    <label xlink:type="resource" xlink:label="phg_DecreaseIncreaseInReceivablesAndOtherCurrentAssets_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Decrease (increase) in receivables and other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DecreaseIncreaseInReceivablesAndOtherCurrentAssets" xlink:to="phg_DecreaseIncreaseInReceivablesAndOtherCurrentAssets_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for decrease (increase) in inventories</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Decrease (Increase) in inventories</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseDecreaseInAccountsPayableAccruedAndOtherCurrentLiabilities" xlink:href="phg-20221231.xsd#phg_IncreaseDecreaseInAccountsPayableAccruedAndOtherCurrentLiabilities" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseInAccountsPayableAccruedAndOtherCurrentLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in accounts payable, accrued and other current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseInAccountsPayableAccruedAndOtherCurrentLiabilities" xlink:to="phg_IncreaseDecreaseInAccountsPayableAccruedAndOtherCurrentLiabilities_lbl" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseInAccountsPayableAccruedAndOtherCurrentLiabilities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Increase (decrease) in accounts payable, accrued and other current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseInAccountsPayableAccruedAndOtherCurrentLiabilities" xlink:to="phg_IncreaseDecreaseInAccountsPayableAccruedAndOtherCurrentLiabilities_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_DecreaseIncreaseInNonCurrentReceivablesAndOtherAssets" xlink:href="phg-20221231.xsd#phg_DecreaseIncreaseInNonCurrentReceivablesAndOtherAssets" />
    <label xlink:type="resource" xlink:label="phg_DecreaseIncreaseInNonCurrentReceivablesAndOtherAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in non-current receivables and other assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DecreaseIncreaseInNonCurrentReceivablesAndOtherAssets" xlink:to="phg_DecreaseIncreaseInNonCurrentReceivablesAndOtherAssets_lbl" />
    <label xlink:type="resource" xlink:label="phg_DecreaseIncreaseInNonCurrentReceivablesAndOtherAssets_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Decrease (increase) in non-current receivables and other assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DecreaseIncreaseInNonCurrentReceivablesAndOtherAssets" xlink:to="phg_DecreaseIncreaseInNonCurrentReceivablesAndOtherAssets_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for increase (decrease) in other liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Increase (decrease) in other liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Increase (decrease) in provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherAdjustmentsForNoncashItems" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherAdjustmentsForNoncashItems" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherAdjustmentsForNoncashItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other adjustments for non-cash items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAdjustmentsForNoncashItems" xlink:to="ifrs-full_OtherAdjustmentsForNoncashItems_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherAdjustmentsForNoncashItems_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Other items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAdjustmentsForNoncashItems" xlink:to="ifrs-full_OtherAdjustmentsForNoncashItems_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest received, classified as operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Interest received</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest paid, classified as operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Interest paid</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividends received, classified as operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Dividends received from investments in associates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes paid (refund), classified as operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities - Income taxes paid</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) operating activities, continuing operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net cash provided by (used for) operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_NetCapitalExpenditures" xlink:href="phg-20221231.xsd#phg_NetCapitalExpenditures" />
    <label xlink:type="resource" xlink:label="phg_NetCapitalExpenditures_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net capital expenditures</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetCapitalExpenditures" xlink:to="phg_NetCapitalExpenditures_lbl" />
    <label xlink:type="resource" xlink:label="phg_NetCapitalExpenditures_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities - Net capital expenditures</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetCapitalExpenditures" xlink:to="phg_NetCapitalExpenditures_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchase of intangible assets, classified as investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities - Purchase of intangible assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PaymentsForDevelopmentProjectExpenditure" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PaymentsForDevelopmentProjectExpenditure" />
    <label xlink:type="resource" xlink:label="ifrs-full_PaymentsForDevelopmentProjectExpenditure_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Payments for development project expenditure</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForDevelopmentProjectExpenditure" xlink:to="ifrs-full_PaymentsForDevelopmentProjectExpenditure_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_PaymentsForDevelopmentProjectExpenditure_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities - Expenditures on development assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForDevelopmentProjectExpenditure" xlink:to="ifrs-full_PaymentsForDevelopmentProjectExpenditure_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchase of property, plant and equipment, classified as investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities - Capital expenditures on property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from sales of property, plant and equipment, classified as investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" />
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    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other cash payments to acquire equity or debt instruments of other entities, classified as investing activities</label>
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    <label xlink:type="resource" xlink:label="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities - Purchase of other non-current financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other cash receipts from sales of equity or debt instruments of other entities, classified as investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities - Proceeds from other non-current financial assets</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</label>
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    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities - Purchase of businesses, net of cash acquired</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from losing control of subsidiaries or other businesses, classified as investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities - Net proceeds from sale of interests in businesses, net of cash disposed</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) investing activities, continuing operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net cash provided by (used for) for investing activities</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:to="ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of borrowings, classified as financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from financing activities - Principal payments on current portion of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from borrowings, classified as financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from financing activities - Proceeds from issuance of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from sale or issue of treasury shares</label>
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    <label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from financing activities - Re-issuance of treasury shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:to="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" />
    <label xlink:type="resource" xlink:label="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Payments to acquire or redeem entity's shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:to="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from financing activities - Purchase of treasury shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:to="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" />
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    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
    <label xlink:type="resource" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Effect of exchange rate changes on cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Effect of changes in exchange rates on cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_StatementOfChangesInEquityAbstract" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfChangesInEquityAbstract" />
    <label xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated statements of changes in equity [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="ifrs-full_StatementOfChangesInEquityAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DividendsPaid" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsPaid" />
    <label xlink:type="resource" xlink:label="ifrs-full_DividendsPaid_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividends recognised as distributions to owners</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaid" xlink:to="ifrs-full_DividendsPaid_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_DividendsPaid_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend distributed</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaid" xlink:to="ifrs-full_DividendsPaid_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_MinorityBuyOut" xlink:href="phg-20221231.xsd#phg_MinorityBuyOut" />
    <label xlink:type="resource" xlink:label="phg_MinorityBuyOut_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Minority buy-out</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MinorityBuyOut" xlink:to="phg_MinorityBuyOut_lbl" />
    <label xlink:type="resource" xlink:label="phg_MinorityBuyOut_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minority Buy-out</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MinorityBuyOut" xlink:to="phg_MinorityBuyOut_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfer between revaluation surplus and retained earnings, equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:to="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Transfer of gain on disposal of equity investments at FVTOCI to retained earnings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:to="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchaseOfTreasuryShares" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchaseOfTreasuryShares" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchase of treasury shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfTreasuryShares" xlink:to="ifrs-full_PurchaseOfTreasuryShares_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SaleOrIssueOfTreasuryShares" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SaleOrIssueOfTreasuryShares" />
    <label xlink:type="resource" xlink:label="ifrs-full_SaleOrIssueOfTreasuryShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sale or issue of treasury shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SaleOrIssueOfTreasuryShares" xlink:to="ifrs-full_SaleOrIssueOfTreasuryShares_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_SaleOrIssueOfTreasuryShares_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Re-issuance of treasury shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SaleOrIssueOfTreasuryShares" xlink:to="ifrs-full_SaleOrIssueOfTreasuryShares_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseDecreaseForwardContracts" xlink:href="phg-20221231.xsd#phg_IncreaseDecreaseForwardContracts" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseForwardContracts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) forward contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseForwardContracts" xlink:to="phg_IncreaseDecreaseForwardContracts_lbl" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseForwardContracts_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Forward contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseForwardContracts" xlink:to="phg_IncreaseDecreaseForwardContracts_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through exercise of options, equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:to="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share call options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:to="ifrs-full_IncreaseDecreaseThroughExerciseOfOptions_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CancellationOfTreasuryShares" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CancellationOfTreasuryShares" />
    <label xlink:type="resource" xlink:label="ifrs-full_CancellationOfTreasuryShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cancellation of treasury shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CancellationOfTreasuryShares" xlink:to="ifrs-full_CancellationOfTreasuryShares_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through share-based payment transactions, equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based compensation plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions" />
    <label xlink:type="resource" xlink:label="ifrs-full_DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) through tax on share-based payment transactions, equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions" xlink:to="ifrs-full_DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income tax share-based compensation plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions" xlink:to="ifrs-full_DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IssuedCapitalMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IssuedCapitalMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_IssuedCapitalMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Issued capital [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalMember" xlink:to="ifrs-full_IssuedCapitalMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SharePremiumMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharePremiumMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_SharePremiumMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share premium [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremiumMember" xlink:to="ifrs-full_SharePremiumMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Reserve of gains and losses on financial assets measured at fair value through other comprehensive income [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ReserveOfCashFlowHedgesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfCashFlowHedgesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ReserveOfCashFlowHedgesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Reserve of cash flow hedges [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReserveOfCashFlowHedgesMember" xlink:to="ifrs-full_ReserveOfCashFlowHedgesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Reserve of exchange differences on translation [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RetainedEarningsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetainedEarningsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Retained earnings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarningsMember" xlink:to="ifrs-full_RetainedEarningsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TreasurySharesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TreasurySharesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_TreasurySharesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasurySharesMember" xlink:to="ifrs-full_TreasurySharesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity attributable to owners of parent [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:to="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncontrollingInterestsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncontrollingInterestsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncontrollingInterestsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-controlling interests [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterestsMember" xlink:to="ifrs-full_NoncontrollingInterestsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EquityMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EquityMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityMember" xlink:to="ifrs-full_EquityMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ComponentsOfEquityAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ComponentsOfEquityAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Components of equity [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_StatementOfChangesInEquityTable" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfChangesInEquityTable" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AcquisitionsAndDivestmentsAbstract" xlink:to="phg_AcquisitionsAndDivestmentsAbstract_lbl" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsTextBlock" xlink:to="phg_IncomeFromOperationsTextBlock_lbl" />
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    <label xlink:type="resource" xlink:label="phg_FinancialIncomeAndExpensesAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial income and expenses [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FinancialIncomeAndExpensesAbstract" xlink:to="phg_FinancialIncomeAndExpensesAbstract_lbl" />
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    <label xlink:type="resource" xlink:label="phg_FinancialIncomeAndExpensesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial income and expenses [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FinancialIncomeAndExpensesTextBlock" xlink:to="phg_FinancialIncomeAndExpensesTextBlock_lbl" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesAbstract" xlink:to="phg_IncomeTaxesAbstract_lbl" />
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    <label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl" />
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    <label xlink:type="resource" xlink:label="phg_OtherFinancialAssetsAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other financial assets [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherFinancialAssetsAbstract" xlink:to="phg_OtherFinancialAssetsAbstract_lbl" />
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    <label xlink:type="resource" xlink:label="phg_OtherAssetsAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other assets [Abstract]</label>
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    <label xlink:type="resource" xlink:label="ifrs-full_EquityAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Abstract]</label>
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    <label xlink:type="resource" xlink:label="phg_EquityTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_AccruedLiabilitiesAbstract" xlink:href="phg-20221231.xsd#phg_AccruedLiabilitiesAbstract" />
    <label xlink:type="resource" xlink:label="phg_AccruedLiabilitiesAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accrued liabilities [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AccruedLiabilitiesAbstract" xlink:to="phg_AccruedLiabilitiesAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AccruedLiabilitiesTextBlock" xlink:href="phg-20221231.xsd#phg_AccruedLiabilitiesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_AccruedLiabilitiesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accrued liabilities [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_OtherLiabilitiesAbstract" xlink:href="phg-20221231.xsd#phg_OtherLiabilitiesAbstract" />
    <label xlink:type="resource" xlink:label="phg_OtherLiabilitiesAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other liabilities [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherLiabilitiesAbstract" xlink:to="phg_OtherLiabilitiesAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherLiabilitiesTextBlock" xlink:href="phg-20221231.xsd#phg_OtherLiabilitiesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_OtherLiabilitiesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other liabilities [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherLiabilitiesTextBlock" xlink:to="phg_OtherLiabilitiesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CashFlowStatementSupplementaryInformationAbstract" xlink:href="phg-20221231.xsd#phg_CashFlowStatementSupplementaryInformationAbstract" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CashFlowStatementSupplementaryInformationAbstract" xlink:to="phg_CashFlowStatementSupplementaryInformationAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CashFlowStatementSupplementaryInformationTextBlock" xlink:href="phg-20221231.xsd#phg_CashFlowStatementSupplementaryInformationTextBlock" />
    <label xlink:type="resource" xlink:label="phg_CashFlowStatementSupplementaryInformationTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flow statement supplementary information [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CashFlowStatementSupplementaryInformationTextBlock" xlink:to="phg_CashFlowStatementSupplementaryInformationTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ContingenciesAbstract" xlink:href="phg-20221231.xsd#phg_ContingenciesAbstract" />
    <label xlink:type="resource" xlink:label="phg_ContingenciesAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Contingencies [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ContingenciesAbstract" xlink:to="phg_ContingenciesAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ContingenciesTextBlock" xlink:href="phg-20221231.xsd#phg_ContingenciesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ContingenciesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Contingencies [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ContingenciesTextBlock" xlink:to="phg_ContingenciesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RelatedPartyTransactionsAbstract" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RelatedPartyTransactionsAbstract" />
    <label xlink:type="resource" xlink:label="ifrs-full_RelatedPartyTransactionsAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Related-party transactions [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RelatedPartyTransactionsAbstract" xlink:to="ifrs-full_RelatedPartyTransactionsAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RelatedPartyTransactionsTextBlock" xlink:href="phg-20221231.xsd#phg_RelatedPartyTransactionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_RelatedPartyTransactionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Related-party transactions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RelatedPartyTransactionsTextBlock" xlink:to="phg_RelatedPartyTransactionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationAbstract" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationAbstract" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationAbstract" xlink:to="phg_ShareBasedCompensationAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationTextBlock" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationTextBlock" xlink:to="phg_ShareBasedCompensationTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InformationOnRemunerationAbstract" xlink:href="phg-20221231.xsd#phg_InformationOnRemunerationAbstract" />
    <label xlink:type="resource" xlink:label="phg_InformationOnRemunerationAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information on remuneration [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InformationOnRemunerationAbstract" xlink:to="phg_InformationOnRemunerationAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InformationOnRemunerationTextBlock" xlink:href="phg-20221231.xsd#phg_InformationOnRemunerationTextBlock" />
    <label xlink:type="resource" xlink:label="phg_InformationOnRemunerationTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information on remuneration [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InformationOnRemunerationTextBlock" xlink:to="phg_InformationOnRemunerationTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesAbstract" xlink:href="phg-20221231.xsd#phg_FairValueOfFinancialAssetsAndLiabilitiesAbstract" />
    <label xlink:type="resource" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Fair value of financial assets and liabilities [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FairValueOfFinancialAssetsAndLiabilitiesAbstract" xlink:to="phg_FairValueOfFinancialAssetsAndLiabilitiesAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesTextBlock" xlink:href="phg-20221231.xsd#phg_FairValueOfFinancialAssetsAndLiabilitiesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Fair value of financial assets and liabilities [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FairValueOfFinancialAssetsAndLiabilitiesTextBlock" xlink:to="phg_FairValueOfFinancialAssetsAndLiabilitiesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksAbstract" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksAbstract" />
    <label xlink:type="resource" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Details of treasury and other financial risks [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DetailsOfTreasuryAndOtherFinancialRisksAbstract" xlink:to="phg_DetailsOfTreasuryAndOtherFinancialRisksAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksTextBlock" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksTextBlock" />
    <label xlink:type="resource" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Details of treasury and other financial risks [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DetailsOfTreasuryAndOtherFinancialRisksTextBlock" xlink:to="phg_DetailsOfTreasuryAndOtherFinancialRisksTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SubsequentEventsAbstract" xlink:href="phg-20221231.xsd#phg_SubsequentEventsAbstract" />
    <label xlink:type="resource" xlink:label="phg_SubsequentEventsAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent events [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SubsequentEventsAbstract" xlink:to="phg_SubsequentEventsAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SubsequentEventsTextBlock" xlink:href="phg-20221231.xsd#phg_SubsequentEventsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_SubsequentEventsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent events [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SubsequentEventsTextBlock" xlink:to="phg_SubsequentEventsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SignificantAccountingPoliciesAbstract" xlink:href="phg-20221231.xsd#phg_SignificantAccountingPoliciesAbstract" />
    <label xlink:type="resource" xlink:label="phg_SignificantAccountingPoliciesAbstract_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies (Policies) [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SignificantAccountingPoliciesAbstract" xlink:to="phg_SignificantAccountingPoliciesAbstract_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of basis of preparation of financial statements [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of accounting judgements and estimates [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:to="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of significant accounting policies [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:to="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of basis of consolidation [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for foreign currency translation [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DisclosureOfChangesInAccountingPoliciesExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfChangesInAccountingPoliciesExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfChangesInAccountingPoliciesExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of changes in accounting policies [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfChangesInAccountingPoliciesExplanatory" xlink:to="ifrs-full_DisclosureOfChangesInAccountingPoliciesExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for segment reporting [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDiscontinuedOperationsExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForDiscontinuedOperationsExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDiscontinuedOperationsExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for discontinued operations [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForDiscontinuedOperationsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDiscontinuedOperationsExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for business combinations [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociates" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociates" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociates_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for investment in associates [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociates" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociates_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for recognition of revenue [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DescriptionOfAccountingPolicyForPostEmploymentBenefitsExplanatory" xlink:href="phg-20221231.xsd#phg_DescriptionOfAccountingPolicyForPostEmploymentBenefitsExplanatory" />
    <label xlink:type="resource" xlink:label="phg_DescriptionOfAccountingPolicyForPostEmploymentBenefitsExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for post-employment benefits [text block]</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for financial liabilities [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DescriptionOfAccountingPolicyForOtherLiabilitiesExplanatory" xlink:href="phg-20221231.xsd#phg_DescriptionOfAccountingPolicyForOtherLiabilitiesExplanatory" />
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    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForCashFlowsExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForCashFlowsExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForCashFlowsExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for cash flows [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForCashFlowsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForCashFlowsExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory" />
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    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for share-based payment transactions [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of accounting policy for fair value measurement [text block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" />
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    <loc xlink:type="locator" xlink:label="phg_InformationBySegmentAndMainCountryInformationOnIncomeStatementsTextBlock" xlink:href="phg-20221231.xsd#phg_InformationBySegmentAndMainCountryInformationOnIncomeStatementsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_InformationBySegmentAndMainCountryInformationOnIncomeStatementsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information by segment and main country - Information on income statements [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_InformationBySegmentAndMainCountryReconciliationFromNetIncomeToAdjustedEbitaTextBlock" xlink:href="phg-20221231.xsd#phg_InformationBySegmentAndMainCountryReconciliationFromNetIncomeToAdjustedEbitaTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_InformationBySegmentAndMainCountryMainCountriesTextBlock" xlink:href="phg-20221231.xsd#phg_InformationBySegmentAndMainCountryMainCountriesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_InformationBySegmentAndMainCountryMainCountriesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information by segment and main country - Main countries [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleDiscontinuedOperationsNetOfIncomeTaxesTextBlock" xlink:href="phg-20221231.xsd#phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleDiscontinuedOperationsNetOfIncomeTaxesTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleResultsOfDomesticAppliancesTextBlock" xlink:href="phg-20221231.xsd#phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleResultsOfDomesticAppliancesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleResultsOfDomesticAppliancesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Discontinued operations and assets classified as held for sale - Results of Domestic Appliances [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleNetCashProvidedByUsedForDiscontinuedOperationsTextBlock" xlink:href="phg-20221231.xsd#phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleNetCashProvidedByUsedForDiscontinuedOperationsTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_AcquisitionsAndDivestmentsOpeningBalanceSheetTextBlock" xlink:href="phg-20221231.xsd#phg_AcquisitionsAndDivestmentsOpeningBalanceSheetTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_InterestsInEntitiesInterestsInGroupCompaniesTextBlock" xlink:href="phg-20221231.xsd#phg_InterestsInEntitiesInterestsInGroupCompaniesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_InterestsInEntitiesInterestsInGroupCompaniesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interests in entities - Interests in group companies [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsSalesAndCostsByNatureTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsSalesAndCostsByNatureTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsSalesAndCostsByNatureTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Sales and costs by nature [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsSalesCompositionTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsSalesCompositionTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsSalesCompositionTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Sales composition [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsSalesCompositionTextBlock" xlink:to="phg_IncomeFromOperationsSalesCompositionTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsDisaggregationOfSalesPerSegmentTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsDisaggregationOfSalesPerSegmentTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsDisaggregationOfSalesPerSegmentTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Disaggregation of Sales per segment [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsDisaggregationOfSalesPerSegmentTextBlock" xlink:to="phg_IncomeFromOperationsDisaggregationOfSalesPerSegmentTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsDisaggregationOfSalesPerGeographicalClusterTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsDisaggregationOfSalesPerGeographicalClusterTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsDisaggregationOfSalesPerGeographicalClusterTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Disaggregation of Sales per geographical cluster [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsDisaggregationOfSalesPerGeographicalClusterTextBlock" xlink:to="phg_IncomeFromOperationsDisaggregationOfSalesPerGeographicalClusterTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsEmployeeBenefitExpensesTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsEmployeeBenefitExpensesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsEmployeeBenefitExpensesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Employee benefit expenses [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsEmployeeBenefitExpensesTextBlock" xlink:to="phg_IncomeFromOperationsEmployeeBenefitExpensesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsEmployeesByCategoryTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsEmployeesByCategoryTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsEmployeesByCategoryTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Employees by category [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsEmployeesByCategoryTextBlock" xlink:to="phg_IncomeFromOperationsEmployeesByCategoryTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsEmployeesByGeographicalLocationTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsEmployeesByGeographicalLocationTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsEmployeesByGeographicalLocationTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Employees by geographical location [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsEmployeesByGeographicalLocationTextBlock" xlink:to="phg_IncomeFromOperationsEmployeesByGeographicalLocationTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsDepreciationAndAmortizationTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsDepreciationAndAmortizationTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsDepreciationAndAmortizationTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Depreciation and amortization [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsDepreciationAndAmortizationTextBlock" xlink:to="phg_IncomeFromOperationsDepreciationAndAmortizationTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsAuditAndAuditRelatedFeesTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsAuditAndAuditRelatedFeesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsAuditAndAuditRelatedFeesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Audit and audit-related fees [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsAuditAndAuditRelatedFeesTextBlock" xlink:to="phg_IncomeFromOperationsAuditAndAuditRelatedFeesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsOtherBusinessIncomeExpensesTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsOtherBusinessIncomeExpensesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsOtherBusinessIncomeExpensesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations - Other business income (expenses) [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsOtherBusinessIncomeExpensesTextBlock" xlink:to="phg_IncomeFromOperationsOtherBusinessIncomeExpensesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FinancialIncomeAndExpensesFinancialIncomeAndExpensesTextBlock" xlink:href="phg-20221231.xsd#phg_FinancialIncomeAndExpensesFinancialIncomeAndExpensesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_FinancialIncomeAndExpensesFinancialIncomeAndExpensesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial income and expenses - Financial income and expenses [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FinancialIncomeAndExpensesFinancialIncomeAndExpensesTextBlock" xlink:to="phg_FinancialIncomeAndExpensesFinancialIncomeAndExpensesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeTaxesIncomeTaxExpenseTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeTaxesIncomeTaxExpenseTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeTaxesIncomeTaxExpenseTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes - Income tax expense [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesIncomeTaxExpenseTextBlock" xlink:to="phg_IncomeTaxesIncomeTaxExpenseTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeTaxesCurrentIncomeTaxExpenseTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeTaxesCurrentIncomeTaxExpenseTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeTaxesCurrentIncomeTaxExpenseTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes - Current income tax expense [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesCurrentIncomeTaxExpenseTextBlock" xlink:to="phg_IncomeTaxesCurrentIncomeTaxExpenseTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeTaxesDeferredIncomeTaxExpenseTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeTaxesDeferredIncomeTaxExpenseTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeTaxesDeferredIncomeTaxExpenseTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes - Deferred income tax expense [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesDeferredIncomeTaxExpenseTextBlock" xlink:to="phg_IncomeTaxesDeferredIncomeTaxExpenseTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeTaxesEffectiveIncomeTaxRateTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeTaxesEffectiveIncomeTaxRateTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeTaxesEffectiveIncomeTaxRateTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes - Effective income tax rate [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesEffectiveIncomeTaxRateTextBlock" xlink:to="phg_IncomeTaxesEffectiveIncomeTaxRateTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeTaxesDeferredTaxAssetsAndLiabilitiesTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeTaxesDeferredTaxAssetsAndLiabilitiesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeTaxesDeferredTaxAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes - Deferred tax assets and liabilities [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesDeferredTaxAssetsAndLiabilitiesTextBlock" xlink:to="phg_IncomeTaxesDeferredTaxAssetsAndLiabilitiesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeTaxesExpiryYearsOfNetOperatingLossAndCreditCarryforwardsTextBlock" xlink:href="phg-20221231.xsd#phg_IncomeTaxesExpiryYearsOfNetOperatingLossAndCreditCarryforwardsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IncomeTaxesExpiryYearsOfNetOperatingLossAndCreditCarryforwardsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes - Expiry years of net operating loss and credit carryforwards [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesExpiryYearsOfNetOperatingLossAndCreditCarryforwardsTextBlock" xlink:to="phg_IncomeTaxesExpiryYearsOfNetOperatingLossAndCreditCarryforwardsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EarningsPerShareEarningsPerShareTextBlock" xlink:href="phg-20221231.xsd#phg_EarningsPerShareEarningsPerShareTextBlock" />
    <label xlink:type="resource" xlink:label="phg_EarningsPerShareEarningsPerShareTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Earnings per share - Earnings per share [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EarningsPerShareEarningsPerShareTextBlock" xlink:to="phg_EarningsPerShareEarningsPerShareTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PropertyPlantAndEquipmentUsefulLivesOfPropertyPlantAndEquipmentTextBlock" xlink:href="phg-20221231.xsd#phg_PropertyPlantAndEquipmentUsefulLivesOfPropertyPlantAndEquipmentTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PropertyPlantAndEquipmentUsefulLivesOfPropertyPlantAndEquipmentTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment - Useful lives of property, plant and equipment [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PropertyPlantAndEquipmentUsefulLivesOfPropertyPlantAndEquipmentTextBlock" xlink:to="phg_PropertyPlantAndEquipmentUsefulLivesOfPropertyPlantAndEquipmentTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentTextBlock" xlink:href="phg-20221231.xsd#phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment - Property, plant and equipment [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentTextBlock" xlink:to="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentOwnedAssetsTextBlock" xlink:href="phg-20221231.xsd#phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentOwnedAssetsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentOwnedAssetsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment - Property, plant and equipment - owned assets [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentOwnedAssetsTextBlock" xlink:to="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentOwnedAssetsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentRightOfUseAssetsTextBlock" xlink:href="phg-20221231.xsd#phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentRightOfUseAssetsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentRightOfUseAssetsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment - Property, plant and equipment - right-of-use assets [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentRightOfUseAssetsTextBlock" xlink:to="phg_PropertyPlantAndEquipmentPropertyPlantAndEquipmentRightOfUseAssetsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_GoodwillGoodwillTextBlock" xlink:href="phg-20221231.xsd#phg_GoodwillGoodwillTextBlock" />
    <label xlink:type="resource" xlink:label="phg_GoodwillGoodwillTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill - Goodwill [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_GoodwillGoodwillTextBlock" xlink:to="phg_GoodwillGoodwillTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_GoodwillKeyAssumptionsTextBlock" xlink:href="phg-20221231.xsd#phg_GoodwillKeyAssumptionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_GoodwillKeyAssumptionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill - Key assumptions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_GoodwillKeyAssumptionsTextBlock" xlink:to="phg_GoodwillKeyAssumptionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_GoodwillGoodwillAllocatedToCashGeneratingUnitsTextBlock" xlink:href="phg-20221231.xsd#phg_GoodwillGoodwillAllocatedToCashGeneratingUnitsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_GoodwillGoodwillAllocatedToCashGeneratingUnitsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill - Goodwill allocated to the cash-generating units [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_GoodwillGoodwillAllocatedToCashGeneratingUnitsTextBlock" xlink:to="phg_GoodwillGoodwillAllocatedToCashGeneratingUnitsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IntangibleAssetsExcludingGoodwillExpectedUsefulLivesOfIntangibleAssetsExcludingGoodwillTextBlock" xlink:href="phg-20221231.xsd#phg_IntangibleAssetsExcludingGoodwillExpectedUsefulLivesOfIntangibleAssetsExcludingGoodwillTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IntangibleAssetsExcludingGoodwillExpectedUsefulLivesOfIntangibleAssetsExcludingGoodwillTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Intangible assets excluding goodwill - Expected useful lives of intangible assets excluding goodwill [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_IntangibleAssetsExcludingGoodwillIntangibleAssetsExcludingGoodwillTextBlock" xlink:href="phg-20221231.xsd#phg_IntangibleAssetsExcludingGoodwillIntangibleAssetsExcludingGoodwillTextBlock" />
    <label xlink:type="resource" xlink:label="phg_IntangibleAssetsExcludingGoodwillIntangibleAssetsExcludingGoodwillTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Intangible assets excluding goodwill - Intangible assets excluding goodwill [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IntangibleAssetsExcludingGoodwillIntangibleAssetsExcludingGoodwillTextBlock" xlink:to="phg_IntangibleAssetsExcludingGoodwillIntangibleAssetsExcludingGoodwillTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherFinancialAssetsOtherNonCurrentFinancialAssetsTextBlock" xlink:href="phg-20221231.xsd#phg_OtherFinancialAssetsOtherNonCurrentFinancialAssetsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_OtherFinancialAssetsOtherNonCurrentFinancialAssetsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other financial assets - Other non-current financial assets [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherFinancialAssetsOtherNonCurrentFinancialAssetsTextBlock" xlink:to="phg_OtherFinancialAssetsOtherNonCurrentFinancialAssetsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InventoriesInventoriesTextBlock" xlink:href="phg-20221231.xsd#phg_InventoriesInventoriesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_InventoriesInventoriesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Inventories - Inventories [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InventoriesInventoriesTextBlock" xlink:to="phg_InventoriesInventoriesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReceivablesTradeAccountsReceivableNetTextBlock" xlink:href="phg-20221231.xsd#phg_ReceivablesTradeAccountsReceivableNetTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ReceivablesTradeAccountsReceivableNetTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Receivables - Trade accounts receivable, net [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReceivablesTradeAccountsReceivableNetTextBlock" xlink:to="phg_ReceivablesTradeAccountsReceivableNetTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReceivablesAgingAnalysisTextBlock" xlink:href="phg-20221231.xsd#phg_ReceivablesAgingAnalysisTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ReceivablesAgingAnalysisTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Receivables - Aging analysis [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReceivablesAgingAnalysisTextBlock" xlink:to="phg_ReceivablesAgingAnalysisTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReceivablesAllowanceForAccountsReceivableTextBlock" xlink:href="phg-20221231.xsd#phg_ReceivablesAllowanceForAccountsReceivableTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ReceivablesAllowanceForAccountsReceivableTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Receivables - Allowance for accounts receivable [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReceivablesAllowanceForAccountsReceivableTextBlock" xlink:to="phg_ReceivablesAllowanceForAccountsReceivableTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EquityOutstandingNumberOfSharesTextBlock" xlink:href="phg-20221231.xsd#phg_EquityOutstandingNumberOfSharesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_EquityOutstandingNumberOfSharesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity - Outstanding number of shares [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityOutstandingNumberOfSharesTextBlock" xlink:to="phg_EquityOutstandingNumberOfSharesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EquityTransactionsRelatedToShareBasedCompensationPlansTextBlock" xlink:href="phg-20221231.xsd#phg_EquityTransactionsRelatedToShareBasedCompensationPlansTextBlock" />
    <label xlink:type="resource" xlink:label="phg_EquityTransactionsRelatedToShareBasedCompensationPlansTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity - Transactions related to share-based compensation plans [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityTransactionsRelatedToShareBasedCompensationPlansTextBlock" xlink:to="phg_EquityTransactionsRelatedToShareBasedCompensationPlansTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EquityTransactionsRelatedToCapitalReductionTextBlock" xlink:href="phg-20221231.xsd#phg_EquityTransactionsRelatedToCapitalReductionTextBlock" />
    <label xlink:type="resource" xlink:label="phg_EquityTransactionsRelatedToCapitalReductionTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity - Transactions related to capital reduction [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityTransactionsRelatedToCapitalReductionTextBlock" xlink:to="phg_EquityTransactionsRelatedToCapitalReductionTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EquityCompositionOfNetDebtAndGroupEquityTextBlock" xlink:href="phg-20221231.xsd#phg_EquityCompositionOfNetDebtAndGroupEquityTextBlock" />
    <label xlink:type="resource" xlink:label="phg_EquityCompositionOfNetDebtAndGroupEquityTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity - Composition of net debt and group equity [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityCompositionOfNetDebtAndGroupEquityTextBlock" xlink:to="phg_EquityCompositionOfNetDebtAndGroupEquityTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EquityAdjustedIncomeFromContinuingOperationsAttributableToShareholdersTextBlock" xlink:href="phg-20221231.xsd#phg_EquityAdjustedIncomeFromContinuingOperationsAttributableToShareholdersTextBlock" />
    <label xlink:type="resource" xlink:label="phg_EquityAdjustedIncomeFromContinuingOperationsAttributableToShareholdersTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity - Adjusted income from continuing operations attributable to shareholders [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityAdjustedIncomeFromContinuingOperationsAttributableToShareholdersTextBlock" xlink:to="phg_EquityAdjustedIncomeFromContinuingOperationsAttributableToShareholdersTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DebtLongTermDebtTextBlock" xlink:href="phg-20221231.xsd#phg_DebtLongTermDebtTextBlock" />
    <label xlink:type="resource" xlink:label="phg_DebtLongTermDebtTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt - Long-term debt [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DebtLongTermDebtTextBlock" xlink:to="phg_DebtLongTermDebtTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DebtUnsecuredBondsTextBlock" xlink:href="phg-20221231.xsd#phg_DebtUnsecuredBondsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_DebtUnsecuredBondsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt - Unsecured Bonds [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DebtUnsecuredBondsTextBlock" xlink:to="phg_DebtUnsecuredBondsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DebtLeaseLiabilitiesTextBlock" xlink:href="phg-20221231.xsd#phg_DebtLeaseLiabilitiesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_DebtLeaseLiabilitiesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt - Lease liabilities [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DebtLeaseLiabilitiesTextBlock" xlink:to="phg_DebtLeaseLiabilitiesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DebtShortTermDebtTextBlock" xlink:href="phg-20221231.xsd#phg_DebtShortTermDebtTextBlock" />
    <label xlink:type="resource" xlink:label="phg_DebtShortTermDebtTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt - Short-term debt [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DebtShortTermDebtTextBlock" xlink:to="phg_DebtShortTermDebtTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsProvisionsTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsProvisionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsProvisionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Provisions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsProvisionsTextBlock" xlink:to="phg_ProvisionsProvisionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsRespironicsFieldActionProvisionTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsRespironicsFieldActionProvisionTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsRespironicsFieldActionProvisionTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Respironics field-action provision [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsRespironicsFieldActionProvisionTextBlock" xlink:to="phg_ProvisionsRespironicsFieldActionProvisionTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsMainAssumptionsTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsMainAssumptionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsMainAssumptionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Main assumptions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsMainAssumptionsTextBlock" xlink:to="phg_ProvisionsMainAssumptionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsProvisionsForAssuranceTypeProductWarrantyTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsProvisionsForAssuranceTypeProductWarrantyTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsProvisionsForAssuranceTypeProductWarrantyTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Provisions for assurance-type product warranty [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsProvisionsForAssuranceTypeProductWarrantyTextBlock" xlink:to="phg_ProvisionsProvisionsForAssuranceTypeProductWarrantyTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsEnvironmentalProvisionsTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsEnvironmentalProvisionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsEnvironmentalProvisionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Environmental provisions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsEnvironmentalProvisionsTextBlock" xlink:to="phg_ProvisionsEnvironmentalProvisionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsRestructuringRelatedProvisionsTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsRestructuringRelatedProvisionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsRestructuringRelatedProvisionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Restructuring-related provisions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsRestructuringRelatedProvisionsTextBlock" xlink:to="phg_ProvisionsRestructuringRelatedProvisionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsLegalProvisionsTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsLegalProvisionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsLegalProvisionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Legal provisions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsLegalProvisionsTextBlock" xlink:to="phg_ProvisionsLegalProvisionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsContingentConsiderationProvisionsTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsContingentConsiderationProvisionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsContingentConsiderationProvisionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Contingent consideration provisions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsContingentConsiderationProvisionsTextBlock" xlink:to="phg_ProvisionsContingentConsiderationProvisionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsOtherProvisionsTextBlock" xlink:href="phg-20221231.xsd#phg_ProvisionsOtherProvisionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsOtherProvisionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions - Other provisions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsOtherProvisionsTextBlock" xlink:to="phg_ProvisionsOtherProvisionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsPostEmploymentBenefitsTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsPostEmploymentBenefitsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsPostEmploymentBenefitsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits - Post-employment benefits [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsPostEmploymentBenefitsTextBlock" xlink:to="phg_PostEmploymentBenefitsPostEmploymentBenefitsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsClassificationNetPositionTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsClassificationNetPositionTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsClassificationNetPositionTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits - Classification net position [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsClassificationNetPositionTextBlock" xlink:to="phg_PostEmploymentBenefitsClassificationNetPositionTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsPreTaxCostsForPostEmploymentBenefitsTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsPreTaxCostsForPostEmploymentBenefitsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsPreTaxCostsForPostEmploymentBenefitsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits - Pre-tax costs for post-employment benefits [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsPreTaxCostsForPostEmploymentBenefitsTextBlock" xlink:to="phg_PostEmploymentBenefitsPreTaxCostsForPostEmploymentBenefitsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsDefinedBenefitObligationsTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsDefinedBenefitObligationsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsDefinedBenefitObligationsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits - Defined benefit obligations [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsDefinedBenefitObligationsTextBlock" xlink:to="phg_PostEmploymentBenefitsDefinedBenefitObligationsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsPlanAssetsTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsPlanAssetsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsPlanAssetsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits - Plan assets [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsPlanAssetsTextBlock" xlink:to="phg_PostEmploymentBenefitsPlanAssetsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsPlanAssetsAllocationTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsPlanAssetsAllocationTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsPlanAssetsAllocationTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits - Plan assets allocation [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsPlanAssetsAllocationTextBlock" xlink:to="phg_PostEmploymentBenefitsPlanAssetsAllocationTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsAssumptionsUsedForDefinedBenefitObligationsInGermanyUnitedStatesAndRestOfWorldTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsAssumptionsUsedForDefinedBenefitObligationsInGermanyUnitedStatesAndRestOfWorldTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsAssumptionsUsedForDefinedBenefitObligationsInGermanyUnitedStatesAndRestOfWorldTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits - Assumptions used for defined benefit obligations in Germany, the United States and the rest of the world [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsAssumptionsUsedForDefinedBenefitObligationsInGermanyUnitedStatesAndRestOfWorldTextBlock" xlink:to="phg_PostEmploymentBenefitsAssumptionsUsedForDefinedBenefitObligationsInGermanyUnitedStatesAndRestOfWorldTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsSensitivityOfKeyAssumptionsTextBlock" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsSensitivityOfKeyAssumptionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsSensitivityOfKeyAssumptionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits - Sensitivity of key assumptions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsSensitivityOfKeyAssumptionsTextBlock" xlink:to="phg_PostEmploymentBenefitsSensitivityOfKeyAssumptionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AccruedLiabilitiesAccruedLiabilitiesTextBlock" xlink:href="phg-20221231.xsd#phg_AccruedLiabilitiesAccruedLiabilitiesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_AccruedLiabilitiesAccruedLiabilitiesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accrued liabilities - Accrued liabilities [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AccruedLiabilitiesAccruedLiabilitiesTextBlock" xlink:to="phg_AccruedLiabilitiesAccruedLiabilitiesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherLiabilitiesOtherCurrentLiabilitiesTextBlock" xlink:href="phg-20221231.xsd#phg_OtherLiabilitiesOtherCurrentLiabilitiesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_OtherLiabilitiesOtherCurrentLiabilitiesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other liabilities - Other current liabilities [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherLiabilitiesOtherCurrentLiabilitiesTextBlock" xlink:to="phg_OtherLiabilitiesOtherCurrentLiabilitiesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CashFlowStatementSupplementaryInformationReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock" xlink:href="phg-20221231.xsd#phg_CashFlowStatementSupplementaryInformationReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_CashFlowStatementSupplementaryInformationReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flow statement supplementary information - Reconciliation of liabilities arising from financing activities [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CashFlowStatementSupplementaryInformationReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock" xlink:to="phg_CashFlowStatementSupplementaryInformationReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RelatedPartyTransactionsRelatedPartyTransactionsTextBlock" xlink:href="phg-20221231.xsd#phg_RelatedPartyTransactionsRelatedPartyTransactionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_RelatedPartyTransactionsRelatedPartyTransactionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Related-party transactions - Related-party transactions [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RelatedPartyTransactionsRelatedPartyTransactionsTextBlock" xlink:to="phg_RelatedPartyTransactionsRelatedPartyTransactionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationPerformanceSharesTextBlock" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationPerformanceSharesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationPerformanceSharesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation - Performance shares [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationPerformanceSharesTextBlock" xlink:to="phg_ShareBasedCompensationPerformanceSharesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationRestrictedSharesTextBlock" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationRestrictedSharesTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationRestrictedSharesTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation - Restricted shares [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationRestrictedSharesTextBlock" xlink:to="phg_ShareBasedCompensationRestrictedSharesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationOptionsOnEurDenominatedListedShareTextBlock" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationOptionsOnEurDenominatedListedShareTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationOptionsOnEurDenominatedListedShareTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation - Options on EUR-denominated listed share [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationOptionsOnEurDenominatedListedShareTextBlock" xlink:to="phg_ShareBasedCompensationOptionsOnEurDenominatedListedShareTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationOptionsOnUsdDenominatedListedShareTextBlock" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationOptionsOnUsdDenominatedListedShareTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationOptionsOnUsdDenominatedListedShareTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation - Options on USD-denominated listed share [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationOptionsOnUsdDenominatedListedShareTextBlock" xlink:to="phg_ShareBasedCompensationOptionsOnUsdDenominatedListedShareTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationOutstandingOptionsTextBlock" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationOutstandingOptionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationOutstandingOptionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation - Outstanding options [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationOutstandingOptionsTextBlock" xlink:to="phg_ShareBasedCompensationOutstandingOptionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationAccelerateOptionsTextBlock" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationAccelerateOptionsTextBlock" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationAccelerateOptionsTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation - Accelerate! options [Text Block]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationAccelerateOptionsTextBlock" xlink:to="phg_ShareBasedCompensationAccelerateOptionsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InformationOnRemunerationRemunerationCostsOfExecutiveCommitteeTextBlock" xlink:href="phg-20221231.xsd#phg_InformationOnRemunerationRemunerationCostsOfExecutiveCommitteeTextBlock" />
    <label xlink:type="resource" xlink:label="phg_InformationOnRemunerationRemunerationCostsOfExecutiveCommitteeTextBlock_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information on remuneration - Remuneration costs of the Executive Committee [Text Block]</label>
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    <loc xlink:type="locator" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsTextBlock" xlink:href="phg-20221231.xsd#phg_FairValueOfFinancialAssetsAndLiabilitiesFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksContractualCashObligationsTextBlock" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksContractualCashObligationsTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksRemainingMinimumPaymentsUnderSaleAndLeasebackArrangementsTextBlock" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksRemainingMinimumPaymentsUnderSaleAndLeasebackArrangementsTextBlock" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DetailsOfTreasuryAndOtherFinancialRisksRemainingMinimumPaymentsUnderSaleAndLeasebackArrangementsTextBlock" xlink:to="phg_DetailsOfTreasuryAndOtherFinancialRisksRemainingMinimumPaymentsUnderSaleAndLeasebackArrangementsTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksEstimatedTransactionExposureAndRelatedHedgesTextBlock" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksEstimatedTransactionExposureAndRelatedHedgesTextBlock" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DetailsOfTreasuryAndOtherFinancialRisksEstimatedTransactionExposureAndRelatedHedgesTextBlock" xlink:to="phg_DetailsOfTreasuryAndOtherFinancialRisksEstimatedTransactionExposureAndRelatedHedgesTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksEstimatedImpactOf10IncreaseOfValueOfEurOnFairValueOfHedgesTextBlock" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksEstimatedImpactOf10IncreaseOfValueOfEurOnFairValueOfHedgesTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksNetDebtAndInterestRateSensitivityTextBlock" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksNetDebtAndInterestRateSensitivityTextBlock" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DetailsOfTreasuryAndOtherFinancialRisksNetDebtAndInterestRateSensitivityTextBlock" xlink:to="phg_DetailsOfTreasuryAndOtherFinancialRisksNetDebtAndInterestRateSensitivityTextBlock_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksCreditRiskWithNumberOfCounterpartiesTextBlock" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksCreditRiskWithNumberOfCounterpartiesTextBlock" />
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    <loc xlink:type="locator" xlink:label="phg_ShareOfSalesForSingleCustomer" xlink:href="phg-20221231.xsd#phg_ShareOfSalesForSingleCustomer" />
    <label xlink:type="resource" xlink:label="phg_ShareOfSalesForSingleCustomer_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share of sales for single customer</label>
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    <label xlink:type="resource" xlink:label="phg_SalesIncludingIntercompany_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sales including intercompany</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationAndAmortisationExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationAndAmortisationExpense" />
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    <loc xlink:type="locator" xlink:label="phg_AdjustedEbita" xlink:href="phg-20221231.xsd#phg_AdjustedEbita" />
    <label xlink:type="resource" xlink:label="phg_AdjustedEbita_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjusted EBITA</label>
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    <loc xlink:type="locator" xlink:label="phg_DiagnosisTreatmentMember" xlink:href="phg-20221231.xsd#phg_DiagnosisTreatmentMember" />
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    <loc xlink:type="locator" xlink:label="phg_ConnectedCareMember" xlink:href="phg-20221231.xsd#phg_ConnectedCareMember" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ConnectedCareMember" xlink:to="phg_ConnectedCareMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PersonalHealthMember" xlink:href="phg-20221231.xsd#phg_PersonalHealthMember" />
    <label xlink:type="resource" xlink:label="phg_PersonalHealthMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Personal Health [Member]</label>
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    <loc xlink:type="locator" xlink:label="phg_OtherMember" xlink:href="phg-20221231.xsd#phg_OtherMember" />
    <label xlink:type="resource" xlink:label="phg_OtherMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other [Member]</label>
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    <loc xlink:type="locator" xlink:label="phg_IntersectorEliminationsMember" xlink:href="phg-20221231.xsd#phg_IntersectorEliminationsMember" />
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    <loc xlink:type="locator" xlink:label="phg_PhilipsGroupMember" xlink:href="phg-20221231.xsd#phg_PhilipsGroupMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsGroupMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips Group [Member]</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_SegmentsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SegmentsAxis" />
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    <loc xlink:type="locator" xlink:label="phg_InformationBySegmentAndMainCountryTable" xlink:href="phg-20221231.xsd#phg_InformationBySegmentAndMainCountryTable" />
    <label xlink:type="resource" xlink:label="phg_InformationBySegmentAndMainCountryTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information by segment and main country [Table]</label>
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    <label xlink:type="resource" xlink:label="phg_InformationBySegmentAndMainCountryLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information by segment and main country [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InformationBySegmentAndMainCountryLineItems" xlink:to="phg_InformationBySegmentAndMainCountryLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AmortizationOfAcquiredIntangibleAssets" xlink:href="phg-20221231.xsd#phg_AmortizationOfAcquiredIntangibleAssets" />
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    <loc xlink:type="locator" xlink:label="phg_EarningsBeforeInterestTaxesAndAmortization" xlink:href="phg-20221231.xsd#phg_EarningsBeforeInterestTaxesAndAmortization" />
    <label xlink:type="resource" xlink:label="phg_EarningsBeforeInterestTaxesAndAmortization_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Earnings before interest, taxes and amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EarningsBeforeInterestTaxesAndAmortization" xlink:to="phg_EarningsBeforeInterestTaxesAndAmortization_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RestructuringAndAcquisitionRelatedCharges" xlink:href="phg-20221231.xsd#phg_RestructuringAndAcquisitionRelatedCharges" />
    <label xlink:type="resource" xlink:label="phg_RestructuringAndAcquisitionRelatedCharges_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Restructuring and acquisition-related charges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RestructuringAndAcquisitionRelatedCharges" xlink:to="phg_RestructuringAndAcquisitionRelatedCharges_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherItems" xlink:href="phg-20221231.xsd#phg_OtherItems" />
    <label xlink:type="resource" xlink:label="phg_OtherItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other items</label>
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    <loc xlink:type="locator" xlink:label="phg_RespironicsFieldActionProvisionMember" xlink:href="phg-20221231.xsd#phg_RespironicsFieldActionProvisionMember" />
    <label xlink:type="resource" xlink:label="phg_RespironicsFieldActionProvisionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Respironics field-action provision [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RespironicsFieldActionProvisionMember" xlink:to="phg_RespironicsFieldActionProvisionMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RespironicsFieldActionRunningRemediationCostsMember" xlink:href="phg-20221231.xsd#phg_RespironicsFieldActionRunningRemediationCostsMember" />
    <label xlink:type="resource" xlink:label="phg_RespironicsFieldActionRunningRemediationCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Respironics field-action running remediation costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RespironicsFieldActionRunningRemediationCostsMember" xlink:to="phg_RespironicsFieldActionRunningRemediationCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RDProjectImpairmentsMember" xlink:href="phg-20221231.xsd#phg_RDProjectImpairmentsMember" />
    <label xlink:type="resource" xlink:label="phg_RDProjectImpairmentsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">R&amp;D project impairments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RDProjectImpairmentsMember" xlink:to="phg_RDProjectImpairmentsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PortfolioRealignmentChargesMember" xlink:href="phg-20221231.xsd#phg_PortfolioRealignmentChargesMember" />
    <label xlink:type="resource" xlink:label="phg_PortfolioRealignmentChargesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Portfolio realignment charges [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PortfolioRealignmentChargesMember" xlink:to="phg_PortfolioRealignmentChargesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ImpairmentOfAssetsInSRcMember" xlink:href="phg-20221231.xsd#phg_ImpairmentOfAssetsInSRcMember" />
    <label xlink:type="resource" xlink:label="phg_ImpairmentOfAssetsInSRcMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impairment of assets in S&amp;RC [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ImpairmentOfAssetsInSRcMember" xlink:to="phg_ImpairmentOfAssetsInSRcMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionForPublicInvestigationsTenderIrregularitiesMember" xlink:href="phg-20221231.xsd#phg_ProvisionForPublicInvestigationsTenderIrregularitiesMember" />
    <label xlink:type="resource" xlink:label="phg_ProvisionForPublicInvestigationsTenderIrregularitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provision for public investigations tender irregularities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionForPublicInvestigationsTenderIrregularitiesMember" xlink:to="phg_ProvisionForPublicInvestigationsTenderIrregularitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsForQualityActionsInConnectedCareMember" xlink:href="phg-20221231.xsd#phg_ProvisionsForQualityActionsInConnectedCareMember" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsForQualityActionsInConnectedCareMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions for quality actions in Connected Care [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsForQualityActionsInConnectedCareMember" xlink:to="phg_ProvisionsForQualityActionsInConnectedCareMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RemainingItemsMember" xlink:href="phg-20221231.xsd#phg_RemainingItemsMember" />
    <label xlink:type="resource" xlink:label="phg_RemainingItemsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Remaining items [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RemainingItemsMember" xlink:to="phg_RemainingItemsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_LossOnDivestmentOfBusinessMember" xlink:href="phg-20221231.xsd#phg_LossOnDivestmentOfBusinessMember" />
    <label xlink:type="resource" xlink:label="phg_LossOnDivestmentOfBusinessMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Loss on divestment of business [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_LossOnDivestmentOfBusinessMember" xlink:to="phg_LossOnDivestmentOfBusinessMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AdjustedEbitaOtherItemsAxis" xlink:href="phg-20221231.xsd#phg_AdjustedEbitaOtherItemsAxis" />
    <label xlink:type="resource" xlink:label="phg_AdjustedEbitaOtherItemsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjusted EBITA Other Items [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AdjustedEbitaOtherItemsAxis" xlink:to="phg_AdjustedEbitaOtherItemsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AdjustedEbitaOtherItemsDomain" xlink:href="phg-20221231.xsd#phg_AdjustedEbitaOtherItemsDomain" />
    <label xlink:type="resource" xlink:label="phg_AdjustedEbitaOtherItemsDomain_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjusted EBITA Other Items [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AdjustedEbitaOtherItemsDomain" xlink:to="phg_AdjustedEbitaOtherItemsDomain_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:to="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_lbl" />
    <loc xlink:type="locator" xlink:label="country_NL" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_NL" />
    <label xlink:type="resource" xlink:label="country_NL_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Netherlands [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_NL" xlink:to="country_NL_lbl" />
    <loc xlink:type="locator" xlink:label="country_US" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_US" />
    <label xlink:type="resource" xlink:label="country_US_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">United States of America [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_US" xlink:to="country_US_lbl" />
    <loc xlink:type="locator" xlink:label="country_CN" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_CN" />
    <label xlink:type="resource" xlink:label="country_CN_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">China [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_CN" xlink:to="country_CN_lbl" />
    <loc xlink:type="locator" xlink:label="country_JP" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_JP" />
    <label xlink:type="resource" xlink:label="country_JP_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Japan [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_JP" xlink:to="country_JP_lbl" />
    <loc xlink:type="locator" xlink:label="country_DE" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_DE" />
    <label xlink:type="resource" xlink:label="country_DE_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Germany [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_DE" xlink:to="country_DE_lbl" />
    <loc xlink:type="locator" xlink:label="country_GB" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_GB" />
    <label xlink:type="resource" xlink:label="country_GB_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">United Kingdom of Great Britain and Northern Ireland [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_GB" xlink:to="country_GB_lbl" />
    <loc xlink:type="locator" xlink:label="country_FR" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_FR" />
    <label xlink:type="resource" xlink:label="country_FR_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">France [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_FR" xlink:to="country_FR_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherCountriesMember" xlink:href="phg-20221231.xsd#phg_OtherCountriesMember" />
    <label xlink:type="resource" xlink:label="phg_OtherCountriesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other countries [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherCountriesMember" xlink:to="phg_OtherCountriesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ForeignCountriesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ForeignCountriesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ForeignCountriesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Foreign countries [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ForeignCountriesMember" xlink:to="ifrs-full_ForeignCountriesMember_lbl" />
    <loc xlink:type="locator" xlink:label="country_IT" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_IT" />
    <label xlink:type="resource" xlink:label="country_IT_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Italy [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_IT" xlink:to="country_IT_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GeographicalAreasAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GeographicalAreasAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Geographical areas [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeographicalAreasAxis" xlink:to="ifrs-full_GeographicalAreasAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GeographicalAreasMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GeographicalAreasMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Geographical areas [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeographicalAreasMember" xlink:to="ifrs-full_GeographicalAreasMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SeparationExpensesContinuingOperations" xlink:href="phg-20221231.xsd#phg_SeparationExpensesContinuingOperations" />
    <label xlink:type="resource" xlink:label="phg_SeparationExpensesContinuingOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Separation expenses, continuing operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SeparationExpensesContinuingOperations" xlink:to="phg_SeparationExpensesContinuingOperations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ResultOnSaleOfDiscontinuedOperationsBeforeTax" xlink:href="phg-20221231.xsd#phg_ResultOnSaleOfDiscontinuedOperationsBeforeTax" />
    <label xlink:type="resource" xlink:label="phg_ResultOnSaleOfDiscontinuedOperationsBeforeTax_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Result on the sale of discontinued operations, before tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ResultOnSaleOfDiscontinuedOperationsBeforeTax" xlink:to="phg_ResultOnSaleOfDiscontinuedOperationsBeforeTax_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromDisposalOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromDisposalOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromDisposalOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from disposal of non-current assets or disposal groups classified as held for sale and discontinued operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromDisposalOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperations" xlink:to="ifrs-full_ProceedsFromDisposalOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AssetsClassifiedAsHeldForSale" xlink:href="phg-20221231.xsd#phg_AssetsClassifiedAsHeldForSale" />
    <label xlink:type="resource" xlink:label="phg_AssetsClassifiedAsHeldForSale_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets classified as held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AssetsClassifiedAsHeldForSale" xlink:to="phg_AssetsClassifiedAsHeldForSale_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AssetsLiabilitiesDirectlyAssociatedWithAssetsHeldForSale" xlink:href="phg-20221231.xsd#phg_AssetsLiabilitiesDirectlyAssociatedWithAssetsHeldForSale" />
    <label xlink:type="resource" xlink:label="phg_AssetsLiabilitiesDirectlyAssociatedWithAssetsHeldForSale_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets, liabilities directly associated with assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AssetsLiabilitiesDirectlyAssociatedWithAssetsHeldForSale" xlink:to="phg_AssetsLiabilitiesDirectlyAssociatedWithAssetsHeldForSale_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TransactionCost" xlink:href="phg-20221231.xsd#phg_TransactionCost" />
    <label xlink:type="resource" xlink:label="phg_TransactionCost_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Transaction cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TransactionCost" xlink:to="phg_TransactionCost_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTaxInDiscontinuedOperations" xlink:href="phg-20221231.xsd#phg_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTaxInDiscontinuedOperations" />
    <label xlink:type="resource" xlink:label="phg_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTaxInDiscontinuedOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification adjustments on exchange differences on translation, before tax in discontinued operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTaxInDiscontinuedOperations" xlink:to="phg_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTaxInDiscontinuedOperations_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" />
    <label xlink:type="resource" xlink:label="ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax expense (income) relating to gain (loss) on discontinuance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" xlink:to="ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ResultOnSaleOfDiscontinuedOperationsNetOfTax" xlink:href="phg-20221231.xsd#phg_ResultOnSaleOfDiscontinuedOperationsNetOfTax" />
    <label xlink:type="resource" xlink:label="phg_ResultOnSaleOfDiscontinuedOperationsNetOfTax_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Result on the sale of discontinued operations net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ResultOnSaleOfDiscontinuedOperationsNetOfTax" xlink:to="phg_ResultOnSaleOfDiscontinuedOperationsNetOfTax_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BrandLicenseAgreement" xlink:href="phg-20221231.xsd#phg_BrandLicenseAgreement" />
    <label xlink:type="resource" xlink:label="phg_BrandLicenseAgreement_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Brand license agreement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BrandLicenseAgreement" xlink:to="phg_BrandLicenseAgreement_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LicenceFeeIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LicenceFeeIncome" />
    <label xlink:type="resource" xlink:label="ifrs-full_LicenceFeeIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Licence fee income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LicenceFeeIncome" xlink:to="ifrs-full_LicenceFeeIncome_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) investing activities, discontinued operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AdvanceIncomeTaxPayment" xlink:href="phg-20221231.xsd#phg_AdvanceIncomeTaxPayment" />
    <label xlink:type="resource" xlink:label="phg_AdvanceIncomeTaxPayment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Advance income tax payment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AdvanceIncomeTaxPayment" xlink:to="phg_AdvanceIncomeTaxPayment_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DomesticAppliancesMember" xlink:href="phg-20221231.xsd#phg_DomesticAppliancesMember" />
    <label xlink:type="resource" xlink:label="phg_DomesticAppliancesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Domestic Appliances [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DomesticAppliancesMember" xlink:to="phg_DomesticAppliancesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Disposal groups classified as held for sale [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember" xlink:to="ifrs-full_DisposalGroupsClassifiedAsHeldForSaleMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ClosingAdjustmentsMember" xlink:href="phg-20221231.xsd#phg_ClosingAdjustmentsMember" />
    <label xlink:type="resource" xlink:label="phg_ClosingAdjustmentsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Closing adjustments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ClosingAdjustmentsMember" xlink:to="phg_ClosingAdjustmentsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GoodsOrServicesTransferredOverTimeMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GoodsOrServicesTransferredOverTimeMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_GoodsOrServicesTransferredOverTimeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goods or services transferred over time [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodsOrServicesTransferredOverTimeMember" xlink:to="ifrs-full_GoodsOrServicesTransferredOverTimeMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherOperationsMember" xlink:href="phg-20221231.xsd#phg_OtherOperationsMember" />
    <label xlink:type="resource" xlink:label="phg_OtherOperationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other operations [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherOperationsMember" xlink:to="phg_OtherOperationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContinuingAndDiscontinuedOperationsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ContinuingAndDiscontinuedOperationsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Continuing and discontinued operations [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:to="ifrs-full_ContinuingAndDiscontinuedOperationsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Aggregate continuing and discontinued operations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember" xlink:to="ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets and liabilities classified as held for sale [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis" xlink:to="ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets and liabilities not classified as held for sale [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember" xlink:to="ifrs-full_AssetsAndLiabilitiesNotClassifiedAsHeldForSaleMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SpecificEventsAxis" xlink:href="phg-20221231.xsd#phg_SpecificEventsAxis" />
    <label xlink:type="resource" xlink:label="phg_SpecificEventsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Specific events [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SpecificEventsAxis" xlink:to="phg_SpecificEventsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SpecificEventsMember" xlink:href="phg-20221231.xsd#phg_SpecificEventsMember" />
    <label xlink:type="resource" xlink:label="phg_SpecificEventsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Specific events [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SpecificEventsMember" xlink:to="phg_SpecificEventsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_TimingOfTransferOfGoodsOrServicesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Timing of transfer of goods or services [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:to="ifrs-full_TimingOfTransferOfGoodsOrServicesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TimingOfTransferOfGoodsOrServicesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TimingOfTransferOfGoodsOrServicesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_TimingOfTransferOfGoodsOrServicesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Timing of transfer of goods or services [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TimingOfTransferOfGoodsOrServicesMember" xlink:to="ifrs-full_TimingOfTransferOfGoodsOrServicesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleTable" xlink:href="phg-20221231.xsd#phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleTable" />
    <label xlink:type="resource" xlink:label="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Discontinued operations and assets classified as held for sale [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleTable" xlink:to="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleLineItems" xlink:href="phg-20221231.xsd#phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleLineItems" />
    <label xlink:type="resource" xlink:label="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Discontinued operations and assets classified as held for sale [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleLineItems" xlink:to="phg_DiscontinuedOperationsAndAssetsClassifiedAsHeldForSaleLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DiscontinuedOperationsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DiscontinuedOperationsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_DiscontinuedOperationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Discontinued operations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DiscontinuedOperationsMember" xlink:to="ifrs-full_DiscontinuedOperationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DiscontinuedOperationsExpenses" xlink:href="phg-20221231.xsd#phg_DiscontinuedOperationsExpenses" />
    <label xlink:type="resource" xlink:label="phg_DiscontinuedOperationsExpenses_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Discontinued Operations, Expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DiscontinuedOperationsExpenses" xlink:to="phg_DiscontinuedOperationsExpenses_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProfitLossDiscontinuedOperationsBeforeTax" xlink:href="phg-20221231.xsd#phg_ProfitLossDiscontinuedOperationsBeforeTax" />
    <label xlink:type="resource" xlink:label="phg_ProfitLossDiscontinuedOperationsBeforeTax_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit Loss Discontinued Operations, Before Tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProfitLossDiscontinuedOperationsBeforeTax" xlink:to="phg_ProfitLossDiscontinuedOperationsBeforeTax_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax expense (income) relating to profit (loss) from ordinary activities of discontinued operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations" xlink:to="ifrs-full_TaxExpenseRelatingToProfitLossFromOrdinaryActivitiesOfDiscontinuedOperations_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) operating activities, discontinued operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AggregatedNetCashOutflowForAcquisitions" xlink:href="phg-20221231.xsd#phg_AggregatedNetCashOutflowForAcquisitions" />
    <label xlink:type="resource" xlink:label="phg_AggregatedNetCashOutflowForAcquisitions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Aggregated net cash outflow for acquisitions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AggregatedNetCashOutflowForAcquisitions" xlink:to="phg_AggregatedNetCashOutflowForAcquisitions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Contingent consideration recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Identifiable intangible assets recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax assets recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax liabilities recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CashTransferred" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashTransferred" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashTransferred_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash transferred</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashTransferred" xlink:to="ifrs-full_CashTransferred_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Discount rate applied to cash flow projections</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:to="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PurchasePricePerShare" xlink:href="phg-20221231.xsd#phg_PurchasePricePerShare" />
    <label xlink:type="resource" xlink:label="phg_PurchasePricePerShare_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchase price per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PurchasePricePerShare" xlink:to="phg_PurchasePricePerShare_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" />
    <label xlink:type="resource" xlink:label="ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Settled liabilities, contingent liabilities recognised in business combination</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:to="ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Useful life measured as period of time, intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueOfAcquiree" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueOfAcquiree" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueOfAcquiree_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Revenue of acquiree since acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueOfAcquiree" xlink:to="ifrs-full_RevenueOfAcquiree_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossOfAcquiree" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossOfAcquiree" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossOfAcquiree_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) of acquiree since acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossOfAcquiree" xlink:to="ifrs-full_ProfitLossOfAcquiree_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AcquisitionrelatedCostsRecognisedAsExpenseForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AcquisitionrelatedCostsRecognisedAsExpenseForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" />
    <label xlink:type="resource" xlink:label="ifrs-full_AcquisitionrelatedCostsRecognisedAsExpenseForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition-related costs recognised as expense for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination</label>
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    <loc xlink:type="locator" xlink:label="phg_LossesOnDisposalsOfOtherRemainingBusiness" xlink:href="phg-20221231.xsd#phg_LossesOnDisposalsOfOtherRemainingBusiness" />
    <label xlink:type="resource" xlink:label="phg_LossesOnDisposalsOfOtherRemainingBusiness_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Losses on disposals of other remaining business</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_LossesOnDisposalsOfOtherRemainingBusiness" xlink:to="phg_LossesOnDisposalsOfOtherRemainingBusiness_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AcquisitionsAndDivestmentsDomain" xlink:href="phg-20221231.xsd#phg_AcquisitionsAndDivestmentsDomain" />
    <label xlink:type="resource" xlink:label="phg_AcquisitionsAndDivestmentsDomain_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Acquisitions and divestments [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AcquisitionsAndDivestmentsDomain" xlink:to="phg_AcquisitionsAndDivestmentsDomain_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AggregatedIndividuallyImmaterialBusinessCombinationsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AggregatedIndividuallyImmaterialBusinessCombinationsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AggregatedIndividuallyImmaterialBusinessCombinationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Aggregated individually immaterial business combinations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AggregatedIndividuallyImmaterialBusinessCombinationsMember" xlink:to="ifrs-full_AggregatedIndividuallyImmaterialBusinessCombinationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RemainingTwoAcquisitionsMember" xlink:href="phg-20221231.xsd#phg_RemainingTwoAcquisitionsMember" />
    <label xlink:type="resource" xlink:label="phg_RemainingTwoAcquisitionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Remaining two acquisitions [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RemainingTwoAcquisitionsMember" xlink:to="phg_RemainingTwoAcquisitionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_VesperMedicalMember" xlink:href="phg-20221231.xsd#phg_VesperMedicalMember" />
    <label xlink:type="resource" xlink:label="phg_VesperMedicalMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Vesper Medical [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_VesperMedicalMember" xlink:to="phg_VesperMedicalMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AtFairValueMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AtFairValueMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AtFairValueMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">At fair value [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AtFairValueMember" xlink:to="ifrs-full_AtFairValueMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CarryingAmountMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CarryingAmountMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_CarryingAmountMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Carrying amount [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountMember" xlink:to="ifrs-full_CarryingAmountMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BusinessCombinationsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BusinessCombinationsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_BusinessCombinationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Business combinations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BusinessCombinationsMember" xlink:to="ifrs-full_BusinessCombinationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BiotelemetryMember" xlink:href="phg-20221231.xsd#phg_BiotelemetryMember" />
    <label xlink:type="resource" xlink:label="phg_BiotelemetryMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">BioTelemetry [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BiotelemetryMember" xlink:to="phg_BiotelemetryMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CapsuleTechnologiesMember" xlink:href="phg-20221231.xsd#phg_CapsuleTechnologiesMember" />
    <label xlink:type="resource" xlink:label="phg_CapsuleTechnologiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Capsule Technologies [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CapsuleTechnologiesMember" xlink:to="phg_CapsuleTechnologiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Investments in equity instruments designated at fair value through other comprehensive income [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AgingCaregivingMember" xlink:href="phg-20221231.xsd#phg_AgingCaregivingMember" />
    <label xlink:type="resource" xlink:label="phg_AgingCaregivingMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Aging &amp; Caregiving [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AgingCaregivingMember" xlink:to="phg_AgingCaregivingMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DisclosureOfAcquisitionsAndDivestmentsAxis" xlink:href="phg-20221231.xsd#phg_DisclosureOfAcquisitionsAndDivestmentsAxis" />
    <label xlink:type="resource" xlink:label="phg_DisclosureOfAcquisitionsAndDivestmentsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of acquisitions and divestments [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DisclosureOfAcquisitionsAndDivestmentsAxis" xlink:to="phg_DisclosureOfAcquisitionsAndDivestmentsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_MeasurementAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MeasurementAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_MeasurementAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Measurement [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementAxis" xlink:to="ifrs-full_MeasurementAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AggregatedMeasurementMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AggregatedMeasurementMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AggregatedMeasurementMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Aggregated measurement [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AggregatedMeasurementMember" xlink:to="ifrs-full_AggregatedMeasurementMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BusinessCombinationsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BusinessCombinationsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_BusinessCombinationsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Business combinations [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BusinessCombinationsAxis" xlink:to="ifrs-full_BusinessCombinationsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForBusinessCombinationsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForBusinessCombinationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Entity's total for business combinations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:to="ifrs-full_EntitysTotalForBusinessCombinationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Investments in equity instruments designated at fair value through other comprehensive income [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis" xlink:to="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash-generating units [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForCashgeneratingUnitsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForCashgeneratingUnitsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Entity's total for cash-generating units [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:to="ifrs-full_EntitysTotalForCashgeneratingUnitsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AcquisitionsAndDivestmentsTable" xlink:href="phg-20221231.xsd#phg_AcquisitionsAndDivestmentsTable" />
    <label xlink:type="resource" xlink:label="phg_AcquisitionsAndDivestmentsTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Acquisitions and divestments [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AcquisitionsAndDivestmentsTable" xlink:to="phg_AcquisitionsAndDivestmentsTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AcquisitionsAndDivestmentsLineItems" xlink:href="phg-20221231.xsd#phg_AcquisitionsAndDivestmentsLineItems" />
    <label xlink:type="resource" xlink:label="phg_AcquisitionsAndDivestmentsLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Acquisitions and divestments [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AcquisitionsAndDivestmentsLineItems" xlink:to="phg_AcquisitionsAndDivestmentsLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash and cash equivalents recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Trade and other payables recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Liabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Liabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_Liabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" />
    <label xlink:type="resource" xlink:label="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Identifiable assets acquired (liabilities assumed)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" />
    <label xlink:type="resource" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Consideration transferred, acquisition-date fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InventoryRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Inventory recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current assets recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLiabilitiesRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current liabilities recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_NoncurrentLiabilitiesRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PresumedSignificantInfluenceVotingRights" xlink:href="phg-20221231.xsd#phg_PresumedSignificantInfluenceVotingRights" />
    <label xlink:type="resource" xlink:label="phg_PresumedSignificantInfluenceVotingRights_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Presumed significant influence, voting rights</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PresumedSignificantInfluenceVotingRights" xlink:to="phg_PresumedSignificantInfluenceVotingRights_lbl" />
    <loc xlink:type="locator" xlink:label="phg_MaterialityThresholdOnGroupSalesIncomeFromOperationsOrNetIncome" xlink:href="phg-20221231.xsd#phg_MaterialityThresholdOnGroupSalesIncomeFromOperationsOrNetIncome" />
    <label xlink:type="resource" xlink:label="phg_MaterialityThresholdOnGroupSalesIncomeFromOperationsOrNetIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Materiality threshold on group sales, income from operations or net income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MaterialityThresholdOnGroupSalesIncomeFromOperationsOrNetIncome" xlink:to="phg_MaterialityThresholdOnGroupSalesIncomeFromOperationsOrNetIncome_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfConsolidatedSubsidiariesNotWhollyOwned" xlink:href="phg-20221231.xsd#phg_NumberOfConsolidatedSubsidiariesNotWhollyOwned" />
    <label xlink:type="resource" xlink:label="phg_NumberOfConsolidatedSubsidiariesNotWhollyOwned_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of consolidated subsidiaries not wholly owned</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfConsolidatedSubsidiariesNotWhollyOwned" xlink:to="phg_NumberOfConsolidatedSubsidiariesNotWhollyOwned_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetCashOutflowForAcquisitions" xlink:href="phg-20221231.xsd#phg_NetCashOutflowForAcquisitions" />
    <label xlink:type="resource" xlink:label="phg_NetCashOutflowForAcquisitions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net cash outflow for acquisitions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetCashOutflowForAcquisitions" xlink:to="phg_NetCashOutflowForAcquisitions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" />
    <label xlink:type="resource" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of voting equity interests acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" />
    <label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impairment loss (impairment gain and reversal of impairment loss) determined in accordance with IFRS 9</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:to="ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9_lbl" />
    <loc xlink:type="locator" xlink:label="phg_StakeInUnconsolidatedStructuredEntity" xlink:href="phg-20221231.xsd#phg_StakeInUnconsolidatedStructuredEntity" />
    <label xlink:type="resource" xlink:label="phg_StakeInUnconsolidatedStructuredEntity_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Stake in unconsolidated structured entity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_StakeInUnconsolidatedStructuredEntity" xlink:to="phg_StakeInUnconsolidatedStructuredEntity_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BottomOfRangeMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BottomOfRangeMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Bottom of range [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TopOfRangeMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TopOfRangeMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_TopOfRangeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Top of range [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ConsolidatedStructuredEntitiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ConsolidatedStructuredEntitiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ConsolidatedStructuredEntitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated structured entities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ConsolidatedStructuredEntitiesMember" xlink:to="ifrs-full_ConsolidatedStructuredEntitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SubsidiariesWithMaterialNoncontrollingInterestsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SubsidiariesWithMaterialNoncontrollingInterestsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_SubsidiariesWithMaterialNoncontrollingInterestsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiaries with material non-controlling interests [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SubsidiariesWithMaterialNoncontrollingInterestsMember" xlink:to="ifrs-full_SubsidiariesWithMaterialNoncontrollingInterestsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AssociatesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssociatesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AssociatesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Associates [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssociatesMember" xlink:to="ifrs-full_AssociatesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BSoftCoLtdMember" xlink:href="phg-20221231.xsd#phg_BSoftCoLtdMember" />
    <label xlink:type="resource" xlink:label="phg_BSoftCoLtdMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">B-SOFT Co, Ltd [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BSoftCoLtdMember" xlink:to="phg_BSoftCoLtdMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AssociateMember" xlink:href="phg-20221231.xsd#phg_AssociateMember" />
    <label xlink:type="resource" xlink:label="phg_AssociateMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Associate&#xFEFF; [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AssociateMember" xlink:to="phg_AssociateMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AfferaIncMember" xlink:href="phg-20221231.xsd#phg_AfferaIncMember" />
    <label xlink:type="resource" xlink:label="phg_AfferaIncMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Affera, Inc [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AfferaIncMember" xlink:to="phg_AfferaIncMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsMedicalCapitalLlcMember" xlink:href="phg-20221231.xsd#phg_PhilipsMedicalCapitalLlcMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsMedicalCapitalLlcMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips Medical Capital LLC [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsMedicalCapitalLlcMember" xlink:to="phg_PhilipsMedicalCapitalLlcMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RangeAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RangeAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_RangeAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Range [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RangesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RangesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_RangesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Ranges [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangesMember" xlink:to="ifrs-full_RangesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ConsolidatedStructuredEntitiesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ConsolidatedStructuredEntitiesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ConsolidatedStructuredEntitiesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated structured entities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ConsolidatedStructuredEntitiesAxis" xlink:to="ifrs-full_ConsolidatedStructuredEntitiesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EntitysTotalForConsolidatedStructuredEntitiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForConsolidatedStructuredEntitiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForConsolidatedStructuredEntitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Entity's total for consolidated structured entities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForConsolidatedStructuredEntitiesMember" xlink:to="ifrs-full_EntitysTotalForConsolidatedStructuredEntitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiaries [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EntitysTotalForSubsidiariesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForSubsidiariesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Entity's total for subsidiaries [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForSubsidiariesMember" xlink:to="ifrs-full_EntitysTotalForSubsidiariesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Associates [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EntitysTotalForAssociatesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForAssociatesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForAssociatesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Entity's total for associates [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForAssociatesMember" xlink:to="ifrs-full_EntitysTotalForAssociatesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UnconsolidatedStructuredEntitiesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_UnconsolidatedStructuredEntitiesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unconsolidated structured entities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:to="ifrs-full_UnconsolidatedStructuredEntitiesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Entity's total for unconsolidated structured entities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InterestsInEntitiesTable" xlink:href="phg-20221231.xsd#phg_InterestsInEntitiesTable" />
    <label xlink:type="resource" xlink:label="phg_InterestsInEntitiesTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interests in entities [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InterestsInEntitiesTable" xlink:to="phg_InterestsInEntitiesTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InterestsInEntitiesLineItems" xlink:href="phg-20221231.xsd#phg_InterestsInEntitiesLineItems" />
    <label xlink:type="resource" xlink:label="phg_InterestsInEntitiesLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interests in entities [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InterestsInEntitiesLineItems" xlink:to="phg_InterestsInEntitiesLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NameOfSubsidiary" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NameOfSubsidiary" />
    <label xlink:type="resource" xlink:label="ifrs-full_NameOfSubsidiary_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Name of subsidiary</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NameOfSubsidiary" xlink:to="ifrs-full_NameOfSubsidiary_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary" />
    <label xlink:type="resource" xlink:label="ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Principal place of business of subsidiary</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary" xlink:to="ifrs-full_PrincipalPlaceOfBusinessOfSubsidiary_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsChinaInvestmentCompanyLtdMember" xlink:href="phg-20221231.xsd#phg_PhilipsChinaInvestmentCompanyLtdMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsChinaInvestmentCompanyLtdMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips (China) Investment Company Ltd [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsChinaInvestmentCompanyLtdMember" xlink:to="phg_PhilipsChinaInvestmentCompanyLtdMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsMedizinSystemeBoblingenGmbhMember" xlink:href="phg-20221231.xsd#phg_PhilipsMedizinSystemeBoblingenGmbhMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsMedizinSystemeBoblingenGmbhMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips Medizin Systeme Boblingen GmbH [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsMedizinSystemeBoblingenGmbhMember" xlink:to="phg_PhilipsMedizinSystemeBoblingenGmbhMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsJapanLtdMember" xlink:href="phg-20221231.xsd#phg_PhilipsJapanLtdMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsJapanLtdMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips Japan, Ltd. [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsJapanLtdMember" xlink:to="phg_PhilipsJapanLtdMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsConsumerLifestyleBvMember" xlink:href="phg-20221231.xsd#phg_PhilipsConsumerLifestyleBvMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsConsumerLifestyleBvMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips Consumer Lifestyle BV [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsConsumerLifestyleBvMember" xlink:to="phg_PhilipsConsumerLifestyleBvMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsOralHealthcareBVMember" xlink:href="phg-20221231.xsd#phg_PhilipsOralHealthcareBVMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsOralHealthcareBVMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips Oral Healthcare B.V. [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsOralHealthcareBVMember" xlink:to="phg_PhilipsOralHealthcareBVMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsUltrasoundLlcMember" xlink:href="phg-20221231.xsd#phg_PhilipsUltrasoundLlcMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsUltrasoundLlcMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips Ultrasound LLC [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsUltrasoundLlcMember" xlink:to="phg_PhilipsUltrasoundLlcMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsNorthAmericaLlcMember" xlink:href="phg-20221231.xsd#phg_PhilipsNorthAmericaLlcMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsNorthAmericaLlcMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips North America LLC [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsNorthAmericaLlcMember" xlink:to="phg_PhilipsNorthAmericaLlcMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PhilipsUsaExportCorporationMember" xlink:href="phg-20221231.xsd#phg_PhilipsUsaExportCorporationMember" />
    <label xlink:type="resource" xlink:label="phg_PhilipsUsaExportCorporationMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Philips USA Export Corporation [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PhilipsUsaExportCorporationMember" xlink:to="phg_PhilipsUsaExportCorporationMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeFromSubleasingRightofuseAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncomeFromSubleasingRightofuseAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from subleasing right-of-use assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:to="ifrs-full_IncomeFromSubleasingRightofuseAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations" />
    <label xlink:type="resource" xlink:label="ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Transaction price allocated to remaining performance obligations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations" xlink:to="ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PercentageOfRemainingPerformanceObligationsWithin1Year" xlink:href="phg-20221231.xsd#phg_PercentageOfRemainingPerformanceObligationsWithin1Year" />
    <label xlink:type="resource" xlink:label="phg_PercentageOfRemainingPerformanceObligationsWithin1Year_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of remaining performance obligations within 1 year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PercentageOfRemainingPerformanceObligationsWithin1Year" xlink:to="phg_PercentageOfRemainingPerformanceObligationsWithin1Year_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue" />
    <label xlink:type="resource" xlink:label="ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Explanation of when entity expects to recognise transaction price allocated to remaining performance obligations as revenue</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue" xlink:to="ifrs-full_ExplanationOfWhenEntityExpectsToRecogniseTransactionPriceAllocatedToRemainingPerformanceObligationsAsRevenue_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueFromRoyalties" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromRoyalties" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueFromRoyalties_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Royalty income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromRoyalties" xlink:to="ifrs-full_RevenueFromRoyalties_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueFromGovernmentGrants" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromGovernmentGrants" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueFromGovernmentGrants_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from government grants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromGovernmentGrants" xlink:to="ifrs-full_RevenueFromGovernmentGrants_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NotLaterThanOneYearMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotLaterThanOneYearMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Not later than one year [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanOneYearMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneYearMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than one year [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearMember" xlink:to="ifrs-full_LaterThanOneYearMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PrecisionDiagnosisSolutionsMember" xlink:href="phg-20221231.xsd#phg_PrecisionDiagnosisSolutionsMember" />
    <label xlink:type="resource" xlink:label="phg_PrecisionDiagnosisSolutionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Precision Diagnosis Solutions [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PrecisionDiagnosisSolutionsMember" xlink:to="phg_PrecisionDiagnosisSolutionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_MaturityAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MaturityAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_MaturityAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Maturity [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AggregatedTimeBandsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AggregatedTimeBandsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AggregatedTimeBandsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Aggregated time bands [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AggregatedTimeBandsMember" xlink:to="ifrs-full_AggregatedTimeBandsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsTable" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsTable" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsTable" xlink:to="phg_IncomeFromOperationsTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromOperationsLineItems" xlink:href="phg-20221231.xsd#phg_IncomeFromOperationsLineItems" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromOperationsLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from operations [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromOperationsLineItems" xlink:to="phg_IncomeFromOperationsLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RawMaterialsAndConsumablesUsed" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RawMaterialsAndConsumablesUsed" />
    <label xlink:type="resource" xlink:label="ifrs-full_RawMaterialsAndConsumablesUsed_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Raw materials and consumables used</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RawMaterialsAndConsumablesUsed" xlink:to="ifrs-full_RawMaterialsAndConsumablesUsed_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EmployeeBenefitsExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EmployeeBenefitsExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_EmployeeBenefitsExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Employee benefits expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EmployeeBenefitsExpense" xlink:to="ifrs-full_EmployeeBenefitsExpense_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TransportationExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TransportationExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_TransportationExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Transportation expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransportationExpense" xlink:to="ifrs-full_TransportationExpense_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdvertisingExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdvertisingExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdvertisingExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Advertising expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdvertisingExpense" xlink:to="ifrs-full_AdvertisingExpense_lbl" />
    <loc xlink:type="locator" xlink:label="phg_LeaseExpensesNet" xlink:href="phg-20221231.xsd#phg_LeaseExpensesNet" />
    <label xlink:type="resource" xlink:label="phg_LeaseExpensesNet_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Lease expenses, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_LeaseExpensesNet" xlink:to="phg_LeaseExpensesNet_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherOperationalCosts" xlink:href="phg-20221231.xsd#phg_OtherOperationalCosts" />
    <label xlink:type="resource" xlink:label="phg_OtherOperationalCosts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other operational costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherOperationalCosts" xlink:to="phg_OtherOperationalCosts_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherGainsLosses" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherGainsLosses" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherGainsLosses_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other gains (losses)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherGainsLosses" xlink:to="ifrs-full_OtherGainsLosses_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueFromSaleOfGoods" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromSaleOfGoods" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueFromSaleOfGoods_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from sale of goods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfGoods" xlink:to="ifrs-full_RevenueFromSaleOfGoods_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueFromRenderingOfServices" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromRenderingOfServices" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueFromRenderingOfServices_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from rendering of services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromRenderingOfServices" xlink:to="ifrs-full_RevenueFromRenderingOfServices_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueFromContractsWithCustomers" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromContractsWithCustomers" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueFromContractsWithCustomers_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from contracts with customers</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromContractsWithCustomers" xlink:to="ifrs-full_RevenueFromContractsWithCustomers_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RevenueFromOtherSources" xlink:href="phg-20221231.xsd#phg_RevenueFromOtherSources" />
    <label xlink:type="resource" xlink:label="phg_RevenueFromOtherSources_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Revenue From Other Sources</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RevenueFromOtherSources" xlink:to="phg_RevenueFromOtherSources_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goods or services transferred at point in time [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:to="ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_WesternEuropeMember" xlink:href="phg-20221231.xsd#phg_WesternEuropeMember" />
    <label xlink:type="resource" xlink:label="phg_WesternEuropeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Western Europe [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_WesternEuropeMember" xlink:to="phg_WesternEuropeMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NorthAmericaMember" xlink:href="phg-20221231.xsd#phg_NorthAmericaMember" />
    <label xlink:type="resource" xlink:label="phg_NorthAmericaMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">North America [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NorthAmericaMember" xlink:to="phg_NorthAmericaMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherMatureGeographiesMember" xlink:href="phg-20221231.xsd#phg_OtherMatureGeographiesMember" />
    <label xlink:type="resource" xlink:label="phg_OtherMatureGeographiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other Mature Geographies [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherMatureGeographiesMember" xlink:to="phg_OtherMatureGeographiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TotalMatureGeographiesMember" xlink:href="phg-20221231.xsd#phg_TotalMatureGeographiesMember" />
    <label xlink:type="resource" xlink:label="phg_TotalMatureGeographiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Total Mature Geographies [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TotalMatureGeographiesMember" xlink:to="phg_TotalMatureGeographiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_GrowthGeographiesMember" xlink:href="phg-20221231.xsd#phg_GrowthGeographiesMember" />
    <label xlink:type="resource" xlink:label="phg_GrowthGeographiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Growth Geographies [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_GrowthGeographiesMember" xlink:to="phg_GrowthGeographiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WagesAndSalaries" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WagesAndSalaries" />
    <label xlink:type="resource" xlink:label="ifrs-full_WagesAndSalaries_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Wages and salaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WagesAndSalaries" xlink:to="ifrs-full_WagesAndSalaries_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBasedCompensationCosts" xlink:href="phg-20221231.xsd#phg_ShareBasedCompensationCosts" />
    <label xlink:type="resource" xlink:label="phg_ShareBasedCompensationCosts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBasedCompensationCosts" xlink:to="phg_ShareBasedCompensationCosts_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsCosts" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsCosts" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsCosts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsCosts" xlink:to="phg_PostEmploymentBenefitsCosts_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SocialSecurityContributions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SocialSecurityContributions" />
    <label xlink:type="resource" xlink:label="ifrs-full_SocialSecurityContributions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Social security contributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SocialSecurityContributions" xlink:to="ifrs-full_SocialSecurityContributions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_VoluntarySocialSecurityContributions" xlink:href="phg-20221231.xsd#phg_VoluntarySocialSecurityContributions" />
    <label xlink:type="resource" xlink:label="phg_VoluntarySocialSecurityContributions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Voluntary social security contributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_VoluntarySocialSecurityContributions" xlink:to="phg_VoluntarySocialSecurityContributions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Ranges of exercise prices for outstanding share options [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsMember" xlink:to="ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SharebasedPaymentArrangementsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharebasedPaymentArrangementsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_SharebasedPaymentArrangementsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share-based payment arrangements [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharebasedPaymentArrangementsMember" xlink:to="ifrs-full_SharebasedPaymentArrangementsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Ranges of exercise prices for outstanding share options [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis" xlink:to="ifrs-full_RangesOfExercisePricesForOutstandingShareOptionsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Types of share-based payment arrangements [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:to="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AverageNumberOfEmployees" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AverageNumberOfEmployees" />
    <label xlink:type="resource" xlink:label="ifrs-full_AverageNumberOfEmployees_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Average number of employees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AverageNumberOfEmployees" xlink:to="ifrs-full_AverageNumberOfEmployees_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ContinuingOperationsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContinuingOperationsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ContinuingOperationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Continuing operations [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContinuingOperationsMember" xlink:to="ifrs-full_ContinuingOperationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProductionMember" xlink:href="phg-20221231.xsd#phg_ProductionMember" />
    <label xlink:type="resource" xlink:label="phg_ProductionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Production [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProductionMember" xlink:to="phg_ProductionMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ResearchDevelopmentMember" xlink:href="phg-20221231.xsd#phg_ResearchDevelopmentMember" />
    <label xlink:type="resource" xlink:label="phg_ResearchDevelopmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Research &amp; development [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ResearchDevelopmentMember" xlink:to="phg_ResearchDevelopmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EmployeesMember" xlink:href="phg-20221231.xsd#phg_EmployeesMember" />
    <label xlink:type="resource" xlink:label="phg_EmployeesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Employees [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EmployeesMember" xlink:to="phg_EmployeesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ThirdPartyWorkersMember" xlink:href="phg-20221231.xsd#phg_ThirdPartyWorkersMember" />
    <label xlink:type="resource" xlink:label="phg_ThirdPartyWorkersMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Third party workers [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ThirdPartyWorkersMember" xlink:to="phg_ThirdPartyWorkersMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CountryOfDomicileMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CountryOfDomicileMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_CountryOfDomicileMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Country of domicile [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CountryOfDomicileMember" xlink:to="ifrs-full_CountryOfDomicileMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_DepreciationExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AmortisationExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmortisationExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_AmortisationExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Amortisation expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationExpense" xlink:to="ifrs-full_AmortisationExpense_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PropertyPlantAndEquipmentMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentMember" xlink:to="ifrs-full_PropertyPlantAndEquipmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ComputerSoftwareMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ComputerSoftwareMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ComputerSoftwareMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Computer software [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherIntangibleAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherIntangibleAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherIntangibleAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other intangible assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherIntangibleAssetsMember" xlink:to="ifrs-full_OtherIntangibleAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CapitalisedDevelopmentExpenditureMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CapitalisedDevelopmentExpenditureMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_CapitalisedDevelopmentExpenditureMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Capitalised development expenditure [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalisedDevelopmentExpenditureMember" xlink:to="ifrs-full_CapitalisedDevelopmentExpenditureMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsMember" xlink:to="ifrs-full_ClassesOfAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfAssetsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfAssetsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AuditorsRemunerationForAuditServices" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AuditorsRemunerationForAuditServices" />
    <label xlink:type="resource" xlink:label="ifrs-full_AuditorsRemunerationForAuditServices_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Auditor's remuneration for audit services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AuditorsRemunerationForAuditServices" xlink:to="ifrs-full_AuditorsRemunerationForAuditServices_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AuditRelatedFees" xlink:href="phg-20221231.xsd#phg_AuditRelatedFees" />
    <label xlink:type="resource" xlink:label="phg_AuditRelatedFees_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Audit-related fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AuditRelatedFees" xlink:to="phg_AuditRelatedFees_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AuditorsRemuneration" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AuditorsRemuneration" />
    <label xlink:type="resource" xlink:label="ifrs-full_AuditorsRemuneration_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Auditor's remuneration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AuditorsRemuneration" xlink:to="ifrs-full_AuditorsRemuneration_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EyNlMember" xlink:href="phg-20221231.xsd#phg_EyNlMember" />
    <label xlink:type="resource" xlink:label="phg_EyNlMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">EY NL [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EyNlMember" xlink:to="phg_EyNlMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AuditServicesMember" xlink:href="phg-20221231.xsd#phg_AuditServicesMember" />
    <label xlink:type="resource" xlink:label="phg_AuditServicesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Audit services [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AuditServicesMember" xlink:to="phg_AuditServicesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EyNetworkMember" xlink:href="phg-20221231.xsd#phg_EyNetworkMember" />
    <label xlink:type="resource" xlink:label="phg_EyNetworkMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">EY Network [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EyNetworkMember" xlink:to="phg_EyNetworkMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AuditServiceProviderMember" xlink:href="phg-20221231.xsd#phg_AuditServiceProviderMember" />
    <label xlink:type="resource" xlink:label="phg_AuditServiceProviderMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Audit service provider [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AuditServiceProviderMember" xlink:to="phg_AuditServiceProviderMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ConsolidatedFinancialStatementsMember" xlink:href="phg-20221231.xsd#phg_ConsolidatedFinancialStatementsMember" />
    <label xlink:type="resource" xlink:label="phg_ConsolidatedFinancialStatementsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated financial statements [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ConsolidatedFinancialStatementsMember" xlink:to="phg_ConsolidatedFinancialStatementsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_StatutoryFinancialStatementMember" xlink:href="phg-20221231.xsd#phg_StatutoryFinancialStatementMember" />
    <label xlink:type="resource" xlink:label="phg_StatutoryFinancialStatementMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Statutory financial statement [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_StatutoryFinancialStatementMember" xlink:to="phg_StatutoryFinancialStatementMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DivestmentMember" xlink:href="phg-20221231.xsd#phg_DivestmentMember" />
    <label xlink:type="resource" xlink:label="phg_DivestmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Divestment [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DivestmentMember" xlink:to="phg_DivestmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SustainabilityAssuranceMember" xlink:href="phg-20221231.xsd#phg_SustainabilityAssuranceMember" />
    <label xlink:type="resource" xlink:label="phg_SustainabilityAssuranceMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sustainability assurance [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SustainabilityAssuranceMember" xlink:to="phg_SustainabilityAssuranceMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherServicesMember" xlink:href="phg-20221231.xsd#phg_OtherServicesMember" />
    <label xlink:type="resource" xlink:label="phg_OtherServicesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other services [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherServicesMember" xlink:to="phg_OtherServicesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AuditServiceProviderAxis" xlink:href="phg-20221231.xsd#phg_AuditServiceProviderAxis" />
    <label xlink:type="resource" xlink:label="phg_AuditServiceProviderAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Audit service provider [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AuditServiceProviderAxis" xlink:to="phg_AuditServiceProviderAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AuditServiceTypesAxis" xlink:href="phg-20221231.xsd#phg_AuditServiceTypesAxis" />
    <label xlink:type="resource" xlink:label="phg_AuditServiceTypesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Audit service types [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AuditServiceTypesAxis" xlink:to="phg_AuditServiceTypesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsOnDisposalsOfInvestments" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsOnDisposalsOfInvestments" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainsOnDisposalsOfInvestments_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gains on disposals of investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnDisposalsOfInvestments" xlink:to="ifrs-full_GainsOnDisposalsOfInvestments_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LossesOnDisposalsOfInvestments" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LossesOnDisposalsOfInvestments" />
    <label xlink:type="resource" xlink:label="ifrs-full_LossesOnDisposalsOfInvestments_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Losses on disposals of investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LossesOnDisposalsOfInvestments" xlink:to="ifrs-full_LossesOnDisposalsOfInvestments_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsOnDisposalsOfNoncurrentAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainsOnDisposalsOfNoncurrentAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gains on disposals of non-current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:to="ifrs-full_GainsOnDisposalsOfNoncurrentAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LossesOnDisposalsOfNoncurrentAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LossesOnDisposalsOfNoncurrentAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_LossesOnDisposalsOfNoncurrentAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Losses on disposals of non-current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LossesOnDisposalsOfNoncurrentAssets" xlink:to="ifrs-full_LossesOnDisposalsOfNoncurrentAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_GainsOnDisposalsOfOtherRemainingBusiness" xlink:href="phg-20221231.xsd#phg_GainsOnDisposalsOfOtherRemainingBusiness" />
    <label xlink:type="resource" xlink:label="phg_GainsOnDisposalsOfOtherRemainingBusiness_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gains on disposals of other remaining business</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_GainsOnDisposalsOfOtherRemainingBusiness" xlink:to="phg_GainsOnDisposalsOfOtherRemainingBusiness_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseDecreaseInFinancialIncomeExpense" xlink:href="phg-20221231.xsd#phg_IncreaseDecreaseInFinancialIncomeExpense" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseInFinancialIncomeExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in financial income expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseInFinancialIncomeExpense" xlink:to="phg_IncreaseDecreaseInFinancialIncomeExpense_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) on financial assets at fair value through profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseDecreaseInNetInterestExpense" xlink:href="phg-20221231.xsd#phg_IncreaseDecreaseInNetInterestExpense" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseInNetInterestExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in net interest expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseInNetInterestExpense" xlink:to="phg_IncreaseDecreaseInNetInterestExpense_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueFromInterest" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromInterest" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueFromInterest_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromInterest" xlink:to="ifrs-full_RevenueFromInterest_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestIncomeOnLoansAndReceivables" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestIncomeOnLoansAndReceivables" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest income on loans and receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestIncomeOnLoansAndReceivables" xlink:to="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestIncomeOnCashAndCashEquivalents" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestIncomeOnCashAndCashEquivalents" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnCashAndCashEquivalents_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest income on cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestIncomeOnCashAndCashEquivalents" xlink:to="ifrs-full_InterestIncomeOnCashAndCashEquivalents_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DividendIncomeFromFinancialAssets" xlink:href="phg-20221231.xsd#phg_DividendIncomeFromFinancialAssets" />
    <label xlink:type="resource" xlink:label="phg_DividendIncomeFromFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividend Income From Financial Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DividendIncomeFromFinancialAssets" xlink:to="phg_DividendIncomeFromFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetGainsFromDisposalOfFinancialAssets" xlink:href="phg-20221231.xsd#phg_NetGainsFromDisposalOfFinancialAssets" />
    <label xlink:type="resource" xlink:label="phg_NetGainsFromDisposalOfFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net Gains From Disposal Of Financial Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetGainsFromDisposalOfFinancialAssets" xlink:to="phg_NetGainsFromDisposalOfFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherFinanceIncomeCost" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherFinanceIncomeCost" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherFinanceIncomeCost_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other finance income (cost)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceIncomeCost" xlink:to="ifrs-full_OtherFinanceIncomeCost_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpense" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestExpense_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpense" xlink:to="ifrs-full_InterestExpense_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpenseOnBorrowings" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseOnBorrowings" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnBorrowings_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest expense on borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnBorrowings" xlink:to="ifrs-full_InterestExpenseOnBorrowings_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest expense on lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionRelatedAccretionAndInterest" xlink:href="phg-20221231.xsd#phg_ProvisionRelatedAccretionAndInterest" />
    <label xlink:type="resource" xlink:label="phg_ProvisionRelatedAccretionAndInterest_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provision-related accretion and interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionRelatedAccretionAndInterest" xlink:to="phg_ProvisionRelatedAccretionAndInterest_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetForeignExchangeLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetForeignExchangeLoss" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetForeignExchangeLoss_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net foreign exchange loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetForeignExchangeLoss" xlink:to="ifrs-full_NetForeignExchangeLoss_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherFinanceCost" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherFinanceCost" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherFinanceCost_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other finance cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceCost" xlink:to="ifrs-full_OtherFinanceCost_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinanceIncomeCost" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinanceIncomeCost" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinanceIncomeCost_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Finance income (cost)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="ifrs-full_FinanceIncomeCost_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ApplicableTaxRate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ApplicableTaxRate" />
    <label xlink:type="resource" xlink:label="ifrs-full_ApplicableTaxRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Applicable tax rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ApplicableTaxRate" xlink:to="ifrs-full_ApplicableTaxRate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetDeferredTaxAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetDeferredTaxAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net deferred tax assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxAssetWhenUtilisationIsDependentOnFutureTaxableProfitsInExcessOfProfitsFromReversalOfTaxableTemporaryDifferencesAndEntityHasSufferedLossInJurisdictionToWhichDeferredTaxAssetRelates" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxAssetWhenUtilisationIsDependentOnFutureTaxableProfitsInExcessOfProfitsFromReversalOfTaxableTemporaryDifferencesAndEntityHasSufferedLossInJurisdictionToWhichDeferredTaxAssetRelates" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxAssetWhenUtilisationIsDependentOnFutureTaxableProfitsInExcessOfProfitsFromReversalOfTaxableTemporaryDifferencesAndEntityHasSufferedLossInJurisdictionToWhichDeferredTaxAssetRelates_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax asset when utilisation is dependent on future taxable profits in excess of profits from reversal of taxable temporary differences and entity has suffered loss in jurisdiction to which deferred tax asset relates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxAssetWhenUtilisationIsDependentOnFutureTaxableProfitsInExcessOfProfitsFromReversalOfTaxableTemporaryDifferencesAndEntityHasSufferedLossInJurisdictionToWhichDeferredTaxAssetRelates" xlink:to="ifrs-full_DeferredTaxAssetWhenUtilisationIsDependentOnFutureTaxableProfitsInExcessOfProfitsFromReversalOfTaxableTemporaryDifferencesAndEntityHasSufferedLossInJurisdictionToWhichDeferredTaxAssetRelates_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" />
    <label xlink:type="resource" xlink:label="ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements for which deferred tax liabilities have not been recognised</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:to="ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deductible temporary differences for which no deferred tax asset is recognised</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised" xlink:to="ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetOperatingLossAndTaxCreditCarryforwardsForWhichNoDeferredTaxAssetHasBeenRecognized" xlink:href="phg-20221231.xsd#phg_NetOperatingLossAndTaxCreditCarryforwardsForWhichNoDeferredTaxAssetHasBeenRecognized" />
    <label xlink:type="resource" xlink:label="phg_NetOperatingLossAndTaxCreditCarryforwardsForWhichNoDeferredTaxAssetHasBeenRecognized_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net operating loss and tax credit carryforwards for which no deferred tax asset has been recognized</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetOperatingLossAndTaxCreditCarryforwardsForWhichNoDeferredTaxAssetHasBeenRecognized" xlink:to="phg_NetOperatingLossAndTaxCreditCarryforwardsForWhichNoDeferredTaxAssetHasBeenRecognized_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherTaxLiability" xlink:href="phg-20221231.xsd#phg_OtherTaxLiability" />
    <label xlink:type="resource" xlink:label="phg_OtherTaxLiability_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other tax liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherTaxLiability" xlink:to="phg_OtherTaxLiability_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeTaxesTable" xlink:href="phg-20221231.xsd#phg_IncomeTaxesTable" />
    <label xlink:type="resource" xlink:label="phg_IncomeTaxesTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesTable" xlink:to="phg_IncomeTaxesTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeTaxesLineItems" xlink:href="phg-20221231.xsd#phg_IncomeTaxesLineItems" />
    <label xlink:type="resource" xlink:label="phg_IncomeTaxesLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeTaxesLineItems" xlink:to="phg_IncomeTaxesLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeBeforeTaxesContinuingOperations" xlink:href="phg-20221231.xsd#phg_IncomeBeforeTaxesContinuingOperations" />
    <label xlink:type="resource" xlink:label="phg_IncomeBeforeTaxesContinuingOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income before taxes continuing operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeBeforeTaxesContinuingOperations" xlink:to="phg_IncomeBeforeTaxesContinuingOperations_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current tax expense (income) and adjustments for current tax of prior periods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xlink:to="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" />
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    <loc xlink:type="locator" xlink:label="phg_ChangesToRecognitionOfTaxLossAndCreditCarryForwards" xlink:href="phg-20221231.xsd#phg_ChangesToRecognitionOfTaxLossAndCreditCarryForwards" />
    <label xlink:type="resource" xlink:label="phg_ChangesToRecognitionOfTaxLossAndCreditCarryForwards_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Changes to Recognition of Tax Loss and Credit Carry Forwards</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangesToRecognitionOfTaxLossAndCreditCarryForwards" xlink:to="phg_ChangesToRecognitionOfTaxLossAndCreditCarryForwards_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" />
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    <loc xlink:type="locator" xlink:label="phg_ChangesToRecognitionOfTemporaryDifferences" xlink:href="phg-20221231.xsd#phg_ChangesToRecognitionOfTemporaryDifferences" />
    <label xlink:type="resource" xlink:label="phg_ChangesToRecognitionOfTemporaryDifferences_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Changes to Recognition of Temporary Differences</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangesToRecognitionOfTemporaryDifferences" xlink:to="phg_ChangesToRecognitionOfTemporaryDifferences_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for deferred tax of prior periods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:to="ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax expense (income) relating to tax rate changes or imposition of new taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:to="ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax expense (income) relating to origination and reversal of temporary differences</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:to="ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_lbl" />
    <loc xlink:type="locator" xlink:label="phg_WeightedAverageStatutoryIncomeTaxRate" xlink:href="phg-20221231.xsd#phg_WeightedAverageStatutoryIncomeTaxRate" />
    <label xlink:type="resource" xlink:label="phg_WeightedAverageStatutoryIncomeTaxRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average statutory income tax rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_WeightedAverageStatutoryIncomeTaxRate" xlink:to="phg_WeightedAverageStatutoryIncomeTaxRate_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RecognitionOfPreviouslyUnrecognizedTaxLossAndCreditCarryforwardsRate" xlink:href="phg-20221231.xsd#phg_RecognitionOfPreviouslyUnrecognizedTaxLossAndCreditCarryforwardsRate" />
    <label xlink:type="resource" xlink:label="phg_RecognitionOfPreviouslyUnrecognizedTaxLossAndCreditCarryforwardsRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Recognition of previously unrecognized tax loss and credit carryforwards rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RecognitionOfPreviouslyUnrecognizedTaxLossAndCreditCarryforwardsRate" xlink:to="phg_RecognitionOfPreviouslyUnrecognizedTaxLossAndCreditCarryforwardsRate_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnrecognizedTaxLossAndCreditCarryforwardsRate" xlink:href="phg-20221231.xsd#phg_UnrecognizedTaxLossAndCreditCarryforwardsRate" />
    <label xlink:type="resource" xlink:label="phg_UnrecognizedTaxLossAndCreditCarryforwardsRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized tax loss and credit carryforwards rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnrecognizedTaxLossAndCreditCarryforwardsRate" xlink:to="phg_UnrecognizedTaxLossAndCreditCarryforwardsRate_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangesToRecognitionOfTemporaryDifferencesRate" xlink:href="phg-20221231.xsd#phg_ChangesToRecognitionOfTemporaryDifferencesRate" />
    <label xlink:type="resource" xlink:label="phg_ChangesToRecognitionOfTemporaryDifferencesRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Changes to Recognition of Temporary Differences Rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangesToRecognitionOfTemporaryDifferencesRate" xlink:to="phg_ChangesToRecognitionOfTemporaryDifferencesRate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" />
    <label xlink:type="resource" xlink:label="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax rate effect of revenues exempt from taxation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:to="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" />
    <label xlink:type="resource" xlink:label="ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax rate effect of expense not deductible in determining taxable profit (tax loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:to="ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_lbl" />
    <loc xlink:type="locator" xlink:label="phg_WithholdingAndOtherTaxes" xlink:href="phg-20221231.xsd#phg_WithholdingAndOtherTaxes" />
    <label xlink:type="resource" xlink:label="phg_WithholdingAndOtherTaxes_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Withholding and other taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_WithholdingAndOtherTaxes" xlink:to="phg_WithholdingAndOtherTaxes_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxRateEffectFromChangeInTaxRate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TaxRateEffectFromChangeInTaxRate" />
    <label xlink:type="resource" xlink:label="ifrs-full_TaxRateEffectFromChangeInTaxRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax rate effect from change in tax rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxRateEffectFromChangeInTaxRate" xlink:to="ifrs-full_TaxRateEffectFromChangeInTaxRate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TaxRateEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TaxRateEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxRateEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" xlink:to="ifrs-full_TaxRateEffectOfAdjustmentsForCurrentTaxOfPriorPeriods_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TaxExpensesBenefitDueToOtherTaxLiabilities" xlink:href="phg-20221231.xsd#phg_TaxExpensesBenefitDueToOtherTaxLiabilities" />
    <label xlink:type="resource" xlink:label="phg_TaxExpensesBenefitDueToOtherTaxLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax expenses (benefit) due to other tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TaxExpensesBenefitDueToOtherTaxLiabilities" xlink:to="phg_TaxExpensesBenefitDueToOtherTaxLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AverageEffectiveTaxRate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AverageEffectiveTaxRate" />
    <label xlink:type="resource" xlink:label="ifrs-full_AverageEffectiveTaxRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Average effective tax rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AverageEffectiveTaxRate" xlink:to="ifrs-full_AverageEffectiveTaxRate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DeferredTaxLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredTaxLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax liability (asset)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherChangesInDeferredTaxAssetsAndLiabilities" xlink:href="phg-20221231.xsd#phg_OtherChangesInDeferredTaxAssetsAndLiabilities" />
    <label xlink:type="resource" xlink:label="phg_OtherChangesInDeferredTaxAssetsAndLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other changes in deferred tax assets and liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherChangesInDeferredTaxAssetsAndLiabilities" xlink:to="phg_OtherChangesInDeferredTaxAssetsAndLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetDeferredTaxLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetDeferredTaxLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net deferred tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IntangibleAssetsAndGoodwillMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsAndGoodwillMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsAndGoodwillMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Intangible assets and goodwill [member]</label>
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    <loc xlink:type="locator" xlink:label="phg_InventoriesMember" xlink:href="phg-20221231.xsd#phg_InventoriesMember" />
    <label xlink:type="resource" xlink:label="phg_InventoriesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Inventories [Member]</label>
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    <loc xlink:type="locator" xlink:label="ifrs-full_OtherAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAssetsMember" xlink:to="ifrs-full_OtherAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PensionsAndOtherEmployeeBenefitsMember" xlink:href="phg-20221231.xsd#phg_PensionsAndOtherEmployeeBenefitsMember" />
    <label xlink:type="resource" xlink:label="phg_PensionsAndOtherEmployeeBenefitsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Pensions and other employee benefits [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PensionsAndOtherEmployeeBenefitsMember" xlink:to="phg_PensionsAndOtherEmployeeBenefitsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherLiabilitiesMember" xlink:href="phg-20221231.xsd#phg_OtherLiabilitiesMember" />
    <label xlink:type="resource" xlink:label="phg_OtherLiabilitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other liabilities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherLiabilitiesMember" xlink:to="phg_OtherLiabilitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DeferredTaxAssetsOnTaxlossCarryforwardsMember" xlink:href="phg-20221231.xsd#phg_DeferredTaxAssetsOnTaxlossCarryforwardsMember" />
    <label xlink:type="resource" xlink:label="phg_DeferredTaxAssetsOnTaxlossCarryforwardsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax assets on taxLoss carryforwards [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DeferredTaxAssetsOnTaxlossCarryforwardsMember" xlink:to="phg_DeferredTaxAssetsOnTaxlossCarryforwardsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SetOffDefferedTaxPositionsMember" xlink:href="phg-20221231.xsd#phg_SetOffDefferedTaxPositionsMember" />
    <label xlink:type="resource" xlink:label="phg_SetOffDefferedTaxPositionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Set-off deffered tax positions [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SetOffDefferedTaxPositionsMember" xlink:to="phg_SetOffDefferedTaxPositionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetDeferredTaxAssetsMember" xlink:href="phg-20221231.xsd#phg_NetDeferredTaxAssetsMember" />
    <label xlink:type="resource" xlink:label="phg_NetDeferredTaxAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net deferred tax assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetDeferredTaxAssetsMember" xlink:to="phg_NetDeferredTaxAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AssetsAndLiabilitiesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssetsAndLiabilitiesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_AssetsAndLiabilitiesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets and liabilities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAndLiabilitiesAxis" xlink:to="ifrs-full_AssetsAndLiabilitiesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AssetsAndLiabilitiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssetsAndLiabilitiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AssetsAndLiabilitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets and liabilities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAndLiabilitiesMember" xlink:to="ifrs-full_AssetsAndLiabilitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetOperatingLossCarryforwards" xlink:href="phg-20221231.xsd#phg_NetOperatingLossCarryforwards" />
    <label xlink:type="resource" xlink:label="phg_NetOperatingLossCarryforwards_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net operating loss carryforwards</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetOperatingLossCarryforwards" xlink:to="phg_NetOperatingLossCarryforwards_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than one year and not later than two years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than two years and not later than three years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than three years and not later than four years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than four years and not later than five years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanFiveYearsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanFiveYearsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanFiveYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than five years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnlimitedMember" xlink:href="phg-20221231.xsd#phg_UnlimitedMember" />
    <label xlink:type="resource" xlink:label="phg_UnlimitedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unlimited [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnlimitedMember" xlink:to="phg_UnlimitedMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) from continuing operations attributable to ordinary equity holders of parent entity, used in calculating basic earnings per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) from continuing operations attributable to non-controlling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from discontinued operations attributable to owners of parent</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent" xlink:to="ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageShares" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageShares" />
    <label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average number of ordinary shares used in calculating basic earnings per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncrementalSharesFromAssumedConversionsOfOptions" xlink:href="phg-20221231.xsd#phg_IncrementalSharesFromAssumedConversionsOfOptions" />
    <label xlink:type="resource" xlink:label="phg_IncrementalSharesFromAssumedConversionsOfOptions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Incremental shares from assumed conversions of options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncrementalSharesFromAssumedConversionsOfOptions" xlink:to="phg_IncrementalSharesFromAssumedConversionsOfOptions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncrementalSharesFromAssumedConversionsOfPerformanceShares" xlink:href="phg-20221231.xsd#phg_IncrementalSharesFromAssumedConversionsOfPerformanceShares" />
    <label xlink:type="resource" xlink:label="phg_IncrementalSharesFromAssumedConversionsOfPerformanceShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Incremental shares from assumed conversions of performance shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncrementalSharesFromAssumedConversionsOfPerformanceShares" xlink:to="phg_IncrementalSharesFromAssumedConversionsOfPerformanceShares_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncrementalSharesFromAssumedConversionsOfRestrictedShareRights" xlink:href="phg-20221231.xsd#phg_IncrementalSharesFromAssumedConversionsOfRestrictedShareRights" />
    <label xlink:type="resource" xlink:label="phg_IncrementalSharesFromAssumedConversionsOfRestrictedShareRights_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Incremental shares from assumed conversions of restricted share rights</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncrementalSharesFromAssumedConversionsOfRestrictedShareRights" xlink:to="phg_IncrementalSharesFromAssumedConversionsOfRestrictedShareRights_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncrementalSharesFromAssumedConversionsOfForwardContracts" xlink:href="phg-20221231.xsd#phg_IncrementalSharesFromAssumedConversionsOfForwardContracts" />
    <label xlink:type="resource" xlink:label="phg_IncrementalSharesFromAssumedConversionsOfForwardContracts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Incremental shares from assumed conversions of forward contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncrementalSharesFromAssumedConversionsOfForwardContracts" xlink:to="phg_IncrementalSharesFromAssumedConversionsOfForwardContracts_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DilutivePotentialCommonShares" xlink:href="phg-20221231.xsd#phg_DilutivePotentialCommonShares" />
    <label xlink:type="resource" xlink:label="phg_DilutivePotentialCommonShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dilutive potential common shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DilutivePotentialCommonShares" xlink:to="phg_DilutivePotentialCommonShares_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DilutedWeightedAverageNumberOfSharesAfterDeductionOfTreasurySharesDuringYear" xlink:href="phg-20221231.xsd#phg_DilutedWeightedAverageNumberOfSharesAfterDeductionOfTreasurySharesDuringYear" />
    <label xlink:type="resource" xlink:label="phg_DilutedWeightedAverageNumberOfSharesAfterDeductionOfTreasurySharesDuringYear_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Diluted weighted average number of shares (after deduction of treasury shares) during the year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DilutedWeightedAverageNumberOfSharesAfterDeductionOfTreasurySharesDuringYear" xlink:to="phg_DilutedWeightedAverageNumberOfSharesAfterDeductionOfTreasurySharesDuringYear_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BasicEarningsLossPerShareFromContinuingOperationsAttributableToShareholders" xlink:href="phg-20221231.xsd#phg_BasicEarningsLossPerShareFromContinuingOperationsAttributableToShareholders" />
    <label xlink:type="resource" xlink:label="phg_BasicEarningsLossPerShareFromContinuingOperationsAttributableToShareholders_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Basic earnings (loss) per share from continuing operations attributable to shareholders</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BasicEarningsLossPerShareFromContinuingOperationsAttributableToShareholders" xlink:to="phg_BasicEarningsLossPerShareFromContinuingOperationsAttributableToShareholders_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Basic earnings (loss) per share from discontinued operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" xlink:to="ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DilutedEarningsLossPerShareFromContinuingOperationsAttributableToShareholders" xlink:href="phg-20221231.xsd#phg_DilutedEarningsLossPerShareFromContinuingOperationsAttributableToShareholders" />
    <label xlink:type="resource" xlink:label="phg_DilutedEarningsLossPerShareFromContinuingOperationsAttributableToShareholders_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Diluted earnings (loss) per share from continuing operations attributable to shareholders</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DilutedEarningsLossPerShareFromContinuingOperationsAttributableToShareholders" xlink:to="phg_DilutedEarningsLossPerShareFromContinuingOperationsAttributableToShareholders_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" />
    <label xlink:type="resource" xlink:label="ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Diluted earnings (loss) per share from discontinued operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" xlink:to="ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsPaidOrdinarySharesPerShare" />
    <label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividends paid, ordinary shares per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:to="ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Useful life measured as period of time, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BuildingsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BuildingsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_BuildingsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Buildings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BuildingsMember" xlink:to="ifrs-full_BuildingsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_MachineryMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MachineryMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_MachineryMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Machinery [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MachineryMember" xlink:to="ifrs-full_MachineryMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other property, plant and equipment [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of property, plant and equipment [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PropertyPlantAndEquipmentTable" xlink:href="phg-20221231.xsd#phg_PropertyPlantAndEquipmentTable" />
    <label xlink:type="resource" xlink:label="phg_PropertyPlantAndEquipmentTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PropertyPlantAndEquipmentTable" xlink:to="phg_PropertyPlantAndEquipmentTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PropertyPlantAndEquipmentLineItems" xlink:href="phg-20221231.xsd#phg_PropertyPlantAndEquipmentLineItems" />
    <label xlink:type="resource" xlink:label="phg_PropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PropertyPlantAndEquipmentLineItems" xlink:to="phg_PropertyPlantAndEquipmentLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OwnedMember" xlink:href="phg-20221231.xsd#phg_OwnedMember" />
    <label xlink:type="resource" xlink:label="phg_OwnedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Owned [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OwnedMember" xlink:to="phg_OwnedMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RightofuseAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RightofuseAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_RightofuseAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Right-of-use assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssetsMember" xlink:to="ifrs-full_RightofuseAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Additions other than through business combinations, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AssetsAvailableForUse" xlink:href="phg-20221231.xsd#phg_AssetsAvailableForUse" />
    <label xlink:type="resource" xlink:label="phg_AssetsAvailableForUse_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets available for use</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AssetsAvailableForUse" xlink:to="phg_AssetsAvailableForUse_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impairment loss recognised in profit or loss, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease through classified as held for sale, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:to="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Reclassifications" xlink:href="phg-20221231.xsd#phg_Reclassifications" />
    <label xlink:type="resource" xlink:label="phg_Reclassifications_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Reclassifications</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Reclassifications" xlink:to="phg_Reclassifications_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through net exchange differences, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ChangesInPropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_ChangesInPropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:to="ifrs-full_ChangesInPropertyPlantAndEquipment_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <label xlink:type="resource" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Acquisitions through business combinations, property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LandAndBuildingsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LandAndBuildingsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LandAndBuildingsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Land and buildings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LandAndBuildingsMember" xlink:to="ifrs-full_LandAndBuildingsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GrossCarryingAmountMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GrossCarryingAmountMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gross carrying amount [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherEquipmentMember" xlink:href="phg-20221231.xsd#phg_OtherEquipmentMember" />
    <label xlink:type="resource" xlink:label="phg_OtherEquipmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other equipment [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherEquipmentMember" xlink:to="phg_OtherEquipmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ConstructionInProgressMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ConstructionInProgressMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ConstructionInProgressMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Construction in progress [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ConstructionInProgressMember" xlink:to="ifrs-full_ConstructionInProgressMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated depreciation, amortisation and impairment [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:to="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Ifrs16Member" xlink:href="phg-20221231.xsd#phg_Ifrs16Member" />
    <label xlink:type="resource" xlink:label="phg_Ifrs16Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">IFRS 16 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Ifrs16Member" xlink:to="phg_Ifrs16Member_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated depreciation and amortisation [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NewIFRSsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NewIFRSsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_NewIFRSsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">New IFRSs [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NewIFRSsAxis" xlink:to="ifrs-full_NewIFRSsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NewIFRSsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NewIFRSsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_NewIFRSsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">New IFRSs [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NewIFRSsMember" xlink:to="ifrs-full_NewIFRSsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OfficeEquipmentMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OfficeEquipmentMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OfficeEquipmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Office equipment [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OfficeEquipmentMember" xlink:to="ifrs-full_OfficeEquipmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ChangesInGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ChangesInGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_ChangesInGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ChangesInGoodwill" xlink:to="ifrs-full_ChangesInGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through net exchange differences, intangible assets and goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Acquisitions through business combinations, intangible assets and goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through net exchange differences, intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease through classified as held for sale, goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill" xlink:to="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RecoverableAmountOfAssetOrCashgeneratingUnit" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RecoverableAmountOfAssetOrCashgeneratingUnit" />
    <label xlink:type="resource" xlink:label="ifrs-full_RecoverableAmountOfAssetOrCashgeneratingUnit_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Recoverable amount of asset or cash-generating unit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RecoverableAmountOfAssetOrCashgeneratingUnit" xlink:to="ifrs-full_RecoverableAmountOfAssetOrCashgeneratingUnit_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InitialForecastPeriod" xlink:href="phg-20221231.xsd#phg_InitialForecastPeriod" />
    <label xlink:type="resource" xlink:label="phg_InitialForecastPeriod_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Initial forecast period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InitialForecastPeriod" xlink:to="phg_InitialForecastPeriod_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SensitivityPreTaxDiscountRate" xlink:href="phg-20221231.xsd#phg_SensitivityPreTaxDiscountRate" />
    <label xlink:type="resource" xlink:label="phg_SensitivityPreTaxDiscountRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sensitivity pre-tax discount rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SensitivityPreTaxDiscountRate" xlink:to="phg_SensitivityPreTaxDiscountRate_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SensitivityCompoundLongTermSalesGrowth" xlink:href="phg-20221231.xsd#phg_SensitivityCompoundLongTermSalesGrowth" />
    <label xlink:type="resource" xlink:label="phg_SensitivityCompoundLongTermSalesGrowth_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sensitivity compound long-term sales growth</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SensitivityCompoundLongTermSalesGrowth" xlink:to="phg_SensitivityCompoundLongTermSalesGrowth_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SensitivityTerminalValue" xlink:href="phg-20221231.xsd#phg_SensitivityTerminalValue" />
    <label xlink:type="resource" xlink:label="phg_SensitivityTerminalValue_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sensitivity terminal value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SensitivityTerminalValue" xlink:to="phg_SensitivityTerminalValue_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GoodwillMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GoodwillMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_GoodwillMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodwillMember" xlink:to="ifrs-full_GoodwillMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SleepRespiratoryCareMember" xlink:href="phg-20221231.xsd#phg_SleepRespiratoryCareMember" />
    <label xlink:type="resource" xlink:label="phg_SleepRespiratoryCareMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sleep &amp; Respiratory Care [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SleepRespiratoryCareMember" xlink:to="phg_SleepRespiratoryCareMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PrecisionDiagnosisBusinessGroupMember" xlink:href="phg-20221231.xsd#phg_PrecisionDiagnosisBusinessGroupMember" />
    <label xlink:type="resource" xlink:label="phg_PrecisionDiagnosisBusinessGroupMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Precision Diagnosis business group [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PrecisionDiagnosisBusinessGroupMember" xlink:to="phg_PrecisionDiagnosisBusinessGroupMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PersonalEmergencyResponseAndSeniorLivingMember" xlink:href="phg-20221231.xsd#phg_PersonalEmergencyResponseAndSeniorLivingMember" />
    <label xlink:type="resource" xlink:label="phg_PersonalEmergencyResponseAndSeniorLivingMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Personal Emergency Response and Senior Living [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PersonalEmergencyResponseAndSeniorLivingMember" xlink:to="phg_PersonalEmergencyResponseAndSeniorLivingMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AmbulatoryMonitoringDiagnosticsMember" xlink:href="phg-20221231.xsd#phg_AmbulatoryMonitoringDiagnosticsMember" />
    <label xlink:type="resource" xlink:label="phg_AmbulatoryMonitoringDiagnosticsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Ambulatory Monitoring &amp; Diagnostics [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AmbulatoryMonitoringDiagnosticsMember" xlink:to="phg_AmbulatoryMonitoringDiagnosticsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherUnitsCarryingNonSignificantGoodwillBalanceMember" xlink:href="phg-20221231.xsd#phg_OtherUnitsCarryingNonSignificantGoodwillBalanceMember" />
    <label xlink:type="resource" xlink:label="phg_OtherUnitsCarryingNonSignificantGoodwillBalanceMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other (units carrying a non-significant goodwill balance) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherUnitsCarryingNonSignificantGoodwillBalanceMember" xlink:to="phg_OtherUnitsCarryingNonSignificantGoodwillBalanceMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_GoodwillTable" xlink:href="phg-20221231.xsd#phg_GoodwillTable" />
    <label xlink:type="resource" xlink:label="phg_GoodwillTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_GoodwillTable" xlink:to="phg_GoodwillTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_GoodwillLineItems" xlink:href="phg-20221231.xsd#phg_GoodwillLineItems" />
    <label xlink:type="resource" xlink:label="phg_GoodwillLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_GoodwillLineItems" xlink:to="phg_GoodwillLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsAndGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Intangible assets and goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease through classified as held for sale, intangible assets and goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AccumulatedImpairmentMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccumulatedImpairmentMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AccumulatedImpairmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated impairment [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedImpairmentMember" xlink:to="ifrs-full_AccumulatedImpairmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Growth rate used to extrapolate cash flow projections</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:to="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UsedToCalculateTerminalValue" xlink:href="phg-20221231.xsd#phg_UsedToCalculateTerminalValue" />
    <label xlink:type="resource" xlink:label="phg_UsedToCalculateTerminalValue_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Used to calculate terminal value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UsedToCalculateTerminalValue" xlink:to="phg_UsedToCalculateTerminalValue_lbl" />
    <loc xlink:type="locator" xlink:label="phg_HospitalPatientMonitoringMember" xlink:href="phg-20221231.xsd#phg_HospitalPatientMonitoringMember" />
    <label xlink:type="resource" xlink:label="phg_HospitalPatientMonitoringMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Hospital Patient Monitoring [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_HospitalPatientMonitoringMember" xlink:to="phg_HospitalPatientMonitoringMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ImageGuidedTherapyMember" xlink:href="phg-20221231.xsd#phg_ImageGuidedTherapyMember" />
    <label xlink:type="resource" xlink:label="phg_ImageGuidedTherapyMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Image-Guided Therapy [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ImageGuidedTherapyMember" xlink:to="phg_ImageGuidedTherapyMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash-generating units [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesMember" xlink:to="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_WeightedAverageExpectedRemainingLife" xlink:href="phg-20221231.xsd#phg_WeightedAverageExpectedRemainingLife" />
    <label xlink:type="resource" xlink:label="phg_WeightedAverageExpectedRemainingLife_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average expected remaining life</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_WeightedAverageExpectedRemainingLife" xlink:to="phg_WeightedAverageExpectedRemainingLife_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Acquisitions through business combinations, intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impairment loss recognised in profit or loss, intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019" />
    <label xlink:type="resource" xlink:label="ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Remaining amortisation period of intangible assets material to entity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019" xlink:to="ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BrandNamesCustomerRelationshipsTechnologyAndOtherIntangibleAssetsMember" xlink:href="phg-20221231.xsd#phg_BrandNamesCustomerRelationshipsTechnologyAndOtherIntangibleAssetsMember" />
    <label xlink:type="resource" xlink:label="phg_BrandNamesCustomerRelationshipsTechnologyAndOtherIntangibleAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Brand names, customer relationships, technology and other intangible assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BrandNamesCustomerRelationshipsTechnologyAndOtherIntangibleAssetsMember" xlink:to="phg_BrandNamesCustomerRelationshipsTechnologyAndOtherIntangibleAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TechnologybasedIntangibleAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_TechnologybasedIntangibleAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Technology-based intangible assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:to="ifrs-full_TechnologybasedIntangibleAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProductDevelopmentRelatedMember" xlink:href="phg-20221231.xsd#phg_ProductDevelopmentRelatedMember" />
    <label xlink:type="resource" xlink:label="phg_ProductDevelopmentRelatedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Product development related [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProductDevelopmentRelatedMember" xlink:to="phg_ProductDevelopmentRelatedMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProductDevelopmentRelatedProductivityMember" xlink:href="phg-20221231.xsd#phg_ProductDevelopmentRelatedProductivityMember" />
    <label xlink:type="resource" xlink:label="phg_ProductDevelopmentRelatedProductivityMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Product development related (productivity) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProductDevelopmentRelatedProductivityMember" xlink:to="phg_ProductDevelopmentRelatedProductivityMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ImageGuidedTherapyBusinessGroupMember" xlink:href="phg-20221231.xsd#phg_ImageGuidedTherapyBusinessGroupMember" />
    <label xlink:type="resource" xlink:label="phg_ImageGuidedTherapyBusinessGroupMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Image Guided Therapy business group [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ImageGuidedTherapyBusinessGroupMember" xlink:to="phg_ImageGuidedTherapyBusinessGroupMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProductDevelopmentConstructionInProgressMember" xlink:href="phg-20221231.xsd#phg_ProductDevelopmentConstructionInProgressMember" />
    <label xlink:type="resource" xlink:label="phg_ProductDevelopmentConstructionInProgressMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Product development construction in progress [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProductDevelopmentConstructionInProgressMember" xlink:to="phg_ProductDevelopmentConstructionInProgressMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Customer-related intangible assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:to="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of intangible assets other than goodwill [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwillMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Intangible assets other than goodwill [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwillMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IntangibleAssetsExcludingGoodwillTable" xlink:href="phg-20221231.xsd#phg_IntangibleAssetsExcludingGoodwillTable" />
    <label xlink:type="resource" xlink:label="phg_IntangibleAssetsExcludingGoodwillTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Intangible assets excluding goodwill [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IntangibleAssetsExcludingGoodwillTable" xlink:to="phg_IntangibleAssetsExcludingGoodwillTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IntangibleAssetsExcludingGoodwillLineItems" xlink:href="phg-20221231.xsd#phg_IntangibleAssetsExcludingGoodwillLineItems" />
    <label xlink:type="resource" xlink:label="phg_IntangibleAssetsExcludingGoodwillLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Intangible assets excluding goodwill [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IntangibleAssetsExcludingGoodwillLineItems" xlink:to="phg_IntangibleAssetsExcludingGoodwillLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BrandNamesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BrandNamesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_BrandNamesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Brand names [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BrandNamesMember" xlink:to="ifrs-full_BrandNamesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProductDevelopmentMember" xlink:href="phg-20221231.xsd#phg_ProductDevelopmentMember" />
    <label xlink:type="resource" xlink:label="phg_ProductDevelopmentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Product development [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProductDevelopmentMember" xlink:to="phg_ProductDevelopmentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Additions other than through business combinations, intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Amortisation, intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ChangesInIntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ChangesInIntangibleAssetsOtherThanGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_ChangesInIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ChangesInIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_ChangesInIntangibleAssetsOtherThanGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsOtherThanGoodwill" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsOtherThanGoodwill" />
    <label xlink:type="resource" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease through classified as held for sale, intangible assets other than goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsOtherThanGoodwill_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current investments in equity instruments designated at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current financial assets at fair value through profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current financial assets measured at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_NoncurrentFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current financial assets at amortised cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Acquisitions" xlink:href="phg-20221231.xsd#phg_Acquisitions" />
    <label xlink:type="resource" xlink:label="phg_Acquisitions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Acquisitions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Acquisitions" xlink:to="phg_Acquisitions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SalesRedemptions" xlink:href="phg-20221231.xsd#phg_SalesRedemptions" />
    <label xlink:type="resource" xlink:label="phg_SalesRedemptions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sales redemptions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SalesRedemptions" xlink:to="phg_SalesRedemptions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentLossOnFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossOnFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossOnFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impairment loss on financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossOnFinancialAssets" xlink:to="ifrs-full_ImpairmentLossOnFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ValueAdjustmentThroughOci" xlink:href="phg-20221231.xsd#phg_ValueAdjustmentThroughOci" />
    <label xlink:type="resource" xlink:label="phg_ValueAdjustmentThroughOci_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Value adjustment through OCI</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ValueAdjustmentThroughOci" xlink:to="phg_ValueAdjustmentThroughOci_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ValueAdjustmentThroughPL" xlink:href="phg-20221231.xsd#phg_ValueAdjustmentThroughPL" />
    <label xlink:type="resource" xlink:label="phg_ValueAdjustmentThroughPL_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Value adjustment through P&amp;L</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ValueAdjustmentThroughPL" xlink:to="phg_ValueAdjustmentThroughPL_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TranslationDifferencesAndOther" xlink:href="phg-20221231.xsd#phg_TranslationDifferencesAndOther" />
    <label xlink:type="resource" xlink:label="phg_TranslationDifferencesAndOther_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Translation Differences And Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TranslationDifferencesAndOther" xlink:to="phg_TranslationDifferencesAndOther_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets at fair value through profit or loss, category [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets at fair value through other comprehensive income, category [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets at amortised cost, category [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsCategoryMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsCategoryMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsCategoryMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets, category [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsCategoryMember" xlink:to="ifrs-full_FinancialAssetsCategoryMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsImpairedMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsImpairedMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsImpairedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets impaired [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsImpairedMember" xlink:to="ifrs-full_FinancialAssetsImpairedMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Categories of financial assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentOfFinancialAssetsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impairment of financial assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:to="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Entity's total for impairment of financial assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:to="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherFinancialAssetsTable" xlink:href="phg-20221231.xsd#phg_OtherFinancialAssetsTable" />
    <label xlink:type="resource" xlink:label="phg_OtherFinancialAssetsTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other financial assets [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherFinancialAssetsTable" xlink:to="phg_OtherFinancialAssetsTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherFinancialAssetsLineItems" xlink:href="phg-20221231.xsd#phg_OtherFinancialAssetsLineItems" />
    <label xlink:type="resource" xlink:label="phg_OtherFinancialAssetsLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other financial assets [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherFinancialAssetsLineItems" xlink:to="phg_OtherFinancialAssetsLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NonCurrentPrepaidExpenses" xlink:href="phg-20221231.xsd#phg_NonCurrentPrepaidExpenses" />
    <label xlink:type="resource" xlink:label="phg_NonCurrentPrepaidExpenses_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current prepaid expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NonCurrentPrepaidExpenses" xlink:to="phg_NonCurrentPrepaidExpenses_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCurrentAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCurrentAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentAssets" xlink:to="ifrs-full_OtherCurrentAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentContractAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentContractAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentContractAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current contract assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentContractAssets" xlink:to="ifrs-full_CurrentContractAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AccruedIncomeIncludingContractAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccruedIncomeIncludingContractAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_AccruedIncomeIncludingContractAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accrued income including contract assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccruedIncomeIncludingContractAssets" xlink:to="ifrs-full_AccruedIncomeIncludingContractAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentPrepaidExpenses" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPrepaidExpenses" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentPrepaidExpenses_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current prepaid expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPrepaidExpenses" xlink:to="ifrs-full_CurrentPrepaidExpenses_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NonCurrentAssetsMember" xlink:href="phg-20221231.xsd#phg_NonCurrentAssetsMember" />
    <label xlink:type="resource" xlink:label="phg_NonCurrentAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NonCurrentAssetsMember" xlink:to="phg_NonCurrentAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CurrentAssetsMember" xlink:href="phg-20221231.xsd#phg_CurrentAssetsMember" />
    <label xlink:type="resource" xlink:label="phg_CurrentAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CurrentAssetsMember" xlink:to="phg_CurrentAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherAssetsTable" xlink:href="phg-20221231.xsd#phg_OtherAssetsTable" />
    <label xlink:type="resource" xlink:label="phg_OtherAssetsTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other assets [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherAssetsTable" xlink:to="phg_OtherAssetsTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherAssetsLineItems" xlink:href="phg-20221231.xsd#phg_OtherAssetsLineItems" />
    <label xlink:type="resource" xlink:label="phg_OtherAssetsLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other assets [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherAssetsLineItems" xlink:to="phg_OtherAssetsLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InventoryWritedown2011" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InventoryWritedown2011" />
    <label xlink:type="resource" xlink:label="ifrs-full_InventoryWritedown2011_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Inventory write-down</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoryWritedown2011" xlink:to="ifrs-full_InventoryWritedown2011_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentRawMaterialsAndCurrentProductionSupplies" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentRawMaterialsAndCurrentProductionSupplies" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentRawMaterialsAndCurrentProductionSupplies_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current raw materials and current production supplies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentRawMaterialsAndCurrentProductionSupplies" xlink:to="ifrs-full_CurrentRawMaterialsAndCurrentProductionSupplies_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WorkInProgress" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WorkInProgress" />
    <label xlink:type="resource" xlink:label="ifrs-full_WorkInProgress_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current work in progress</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WorkInProgress" xlink:to="ifrs-full_WorkInProgress_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinishedGoods" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinishedGoods" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinishedGoods_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current finished goods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinishedGoods" xlink:to="ifrs-full_FinishedGoods_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LoansAndAdvancesToCustomers" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LoansAndAdvancesToCustomers" />
    <label xlink:type="resource" xlink:label="ifrs-full_LoansAndAdvancesToCustomers_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Loans and advances to customers</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LoansAndAdvancesToCustomers" xlink:to="ifrs-full_LoansAndAdvancesToCustomers_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SignifyIndemnification" xlink:href="phg-20221231.xsd#phg_SignifyIndemnification" />
    <label xlink:type="resource" xlink:label="phg_SignifyIndemnification_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Signify indemnification</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SignifyIndemnification" xlink:to="phg_SignifyIndemnification_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentInterestReceivable" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentInterestReceivable" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentInterestReceivable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current interest receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentInterestReceivable" xlink:to="ifrs-full_NoncurrentInterestReceivable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InsuranceReceivables" xlink:href="phg-20221231.xsd#phg_InsuranceReceivables" />
    <label xlink:type="resource" xlink:label="phg_InsuranceReceivables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Insurance receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InsuranceReceivables" xlink:to="phg_InsuranceReceivables_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentTradeReceivables" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentTradeReceivables" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentTradeReceivables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current trade receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTradeReceivables" xlink:to="ifrs-full_CurrentTradeReceivables_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCurrentReceivables" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentReceivables" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCurrentReceivables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other current receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentReceivables" xlink:to="ifrs-full_OtherCurrentReceivables_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Allowance account for credit losses of financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Allowance account for credit losses of financial assets at beginning of period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl1" />
    <label xlink:type="resource" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl2" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Allowance account for credit losses of financial assets at end of period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl2" />
    <loc xlink:type="locator" xlink:label="phg_OtherUsMember" xlink:href="phg-20221231.xsd#phg_OtherUsMember" />
    <label xlink:type="resource" xlink:label="phg_OtherUsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other US [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherUsMember" xlink:to="phg_OtherUsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsIndividuallyAssessedForCreditLossesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsIndividuallyAssessedForCreditLossesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsIndividuallyAssessedForCreditLossesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets individually assessed for credit losses [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsIndividuallyAssessedForCreditLossesMember" xlink:to="ifrs-full_FinancialAssetsIndividuallyAssessedForCreditLossesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReceivablesTable" xlink:href="phg-20221231.xsd#phg_ReceivablesTable" />
    <label xlink:type="resource" xlink:label="phg_ReceivablesTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Receivables [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReceivablesTable" xlink:to="phg_ReceivablesTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReceivablesLineItems" xlink:href="phg-20221231.xsd#phg_ReceivablesLineItems" />
    <label xlink:type="resource" xlink:label="phg_ReceivablesLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Receivables [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReceivablesLineItems" xlink:to="phg_ReceivablesLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherSegmentsMember" xlink:href="phg-20221231.xsd#phg_OtherSegmentsMember" />
    <label xlink:type="resource" xlink:label="phg_OtherSegmentsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other Segments [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherSegmentsMember" xlink:to="phg_OtherSegmentsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentMember" xlink:to="ifrs-full_CurrentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NotLaterThanOneMonthMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotLaterThanOneMonthMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneMonthMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Not later than one month [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneMonthMember" xlink:to="ifrs-full_NotLaterThanOneMonthMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than one month and not later than six months [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:to="ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanSixMonthsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanSixMonthsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanSixMonthsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than six months [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanSixMonthsMember" xlink:to="ifrs-full_LaterThanSixMonthsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PastDueStatusMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PastDueStatusMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_PastDueStatusMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Past due status [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusMember" xlink:to="ifrs-full_PastDueStatusMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PastDueStatusAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PastDueStatusAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_PastDueStatusAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Past due status [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusAxis" xlink:to="ifrs-full_PastDueStatusAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Additional allowance recognised in profit or loss, allowance account for credit losses of financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AdditionalAllowanceRecognisedInProfitOrLossAllowanceAccountForCreditLossesOfFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_UtilisationAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UtilisationAllowanceAccountForCreditLossesOfFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_UtilisationAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Utilisation, allowance account for credit losses of financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UtilisationAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_UtilisationAllowanceAccountForCreditLossesOfFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesAllowanceAccountForCreditLossesOfFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesAllowanceAccountForCreditLossesOfFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through other changes, allowance account for credit losses of financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughOtherChangesAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_IncreaseDecreaseThroughOtherChangesAllowanceAccountForCreditLossesOfFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DoubtfulAccountsReceivableMember" xlink:href="phg-20221231.xsd#phg_DoubtfulAccountsReceivableMember" />
    <label xlink:type="resource" xlink:label="phg_DoubtfulAccountsReceivableMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Doubtful accounts receivable [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DoubtfulAccountsReceivableMember" xlink:to="phg_DoubtfulAccountsReceivableMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets and liabilities classified as held for sale [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember" xlink:to="ifrs-full_AssetsAndLiabilitiesClassifiedAsHeldForSaleMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfSharesAuthorised" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesAuthorised" />
    <label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesAuthorised_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of shares authorised</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesAuthorised" xlink:to="ifrs-full_NumberOfSharesAuthorised_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesIssuedAndFullyPaid" />
    <label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of shares issued and fully paid</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:to="ifrs-full_NumberOfSharesIssuedAndFullyPaid_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ParValuePerShare" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ParValuePerShare" />
    <label xlink:type="resource" xlink:label="ifrs-full_ParValuePerShare_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Par value per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ParValuePerShare" xlink:to="ifrs-full_ParValuePerShare_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CashOutflowForSharePurchaseTransactionsRelatedToEmployeeOptionAndSharePlansAndReductionOfShareCapital" xlink:href="phg-20221231.xsd#phg_CashOutflowForSharePurchaseTransactionsRelatedToEmployeeOptionAndSharePlansAndReductionOfShareCapital" />
    <label xlink:type="resource" xlink:label="phg_CashOutflowForSharePurchaseTransactionsRelatedToEmployeeOptionAndSharePlansAndReductionOfShareCapital_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash outflow for share purchase transactions related to employee option and share plans and reduction of share capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CashOutflowForSharePurchaseTransactionsRelatedToEmployeeOptionAndSharePlansAndReductionOfShareCapital" xlink:to="phg_CashOutflowForSharePurchaseTransactionsRelatedToEmployeeOptionAndSharePlansAndReductionOfShareCapital_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CashInflowForSettlementOfShareBasedCompensationPlans" xlink:href="phg-20221231.xsd#phg_CashInflowForSettlementOfShareBasedCompensationPlans" />
    <label xlink:type="resource" xlink:label="phg_CashInflowForSettlementOfShareBasedCompensationPlans_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash inflow for settlement of share-based compensation plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CashInflowForSettlementOfShareBasedCompensationPlans" xlink:to="phg_CashInflowForSettlementOfShareBasedCompensationPlans_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfTreasuryShares" xlink:href="phg-20221231.xsd#phg_NumberOfTreasuryShares" />
    <label xlink:type="resource" xlink:label="phg_NumberOfTreasuryShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of treasury shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfTreasuryShares" xlink:to="phg_NumberOfTreasuryShares_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NotionalAmount" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotionalAmount" />
    <label xlink:type="resource" xlink:label="ifrs-full_NotionalAmount_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Notional amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfSharesPurchasedThroughForwardContracts" xlink:href="phg-20221231.xsd#phg_NumberOfSharesPurchasedThroughForwardContracts" />
    <label xlink:type="resource" xlink:label="phg_NumberOfSharesPurchasedThroughForwardContracts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of shares purchased through forward contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfSharesPurchasedThroughForwardContracts" xlink:to="phg_NumberOfSharesPurchasedThroughForwardContracts_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ForwardPriceForUnsettledOpenForwardContracts" xlink:href="phg-20221231.xsd#phg_ForwardPriceForUnsettledOpenForwardContracts" />
    <label xlink:type="resource" xlink:label="phg_ForwardPriceForUnsettledOpenForwardContracts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Forward price for unsettled (open) forward contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ForwardPriceForUnsettledOpenForwardContracts" xlink:to="phg_ForwardPriceForUnsettledOpenForwardContracts_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseDecreaseRetainedEarningsConnectedToLongTermIncentive" xlink:href="phg-20221231.xsd#phg_IncreaseDecreaseRetainedEarningsConnectedToLongTermIncentive" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseRetainedEarningsConnectedToLongTermIncentive_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) retained earnings connected to long-term incentive</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseRetainedEarningsConnectedToLongTermIncentive" xlink:to="phg_IncreaseDecreaseRetainedEarningsConnectedToLongTermIncentive_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PurchaseOfTreasurySharesNumberOf" xlink:href="phg-20221231.xsd#phg_PurchaseOfTreasurySharesNumberOf" />
    <label xlink:type="resource" xlink:label="phg_PurchaseOfTreasurySharesNumberOf_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchase of treasury shares, number of</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PurchaseOfTreasurySharesNumberOf" xlink:to="phg_PurchaseOfTreasurySharesNumberOf_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfCallOptionsUnwound" xlink:href="phg-20221231.xsd#phg_NumberOfCallOptionsUnwound" />
    <label xlink:type="resource" xlink:label="phg_NumberOfCallOptionsUnwound_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of call options unwound</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfCallOptionsUnwound" xlink:to="phg_NumberOfCallOptionsUnwound_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfSharesBoughtBackAfterSellingUnwindingOfOptions" xlink:href="phg-20221231.xsd#phg_NumberOfSharesBoughtBackAfterSellingUnwindingOfOptions" />
    <label xlink:type="resource" xlink:label="phg_NumberOfSharesBoughtBackAfterSellingUnwindingOfOptions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">The number of shares bought back after selling (unwinding) of options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfSharesBoughtBackAfterSellingUnwindingOfOptions" xlink:to="phg_NumberOfSharesBoughtBackAfterSellingUnwindingOfOptions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AdditionalCashPaymentForCallOptionsSale" xlink:href="phg-20221231.xsd#phg_AdditionalCashPaymentForCallOptionsSale" />
    <label xlink:type="resource" xlink:label="phg_AdditionalCashPaymentForCallOptionsSale_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Additional cash payment for call options sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AdditionalCashPaymentForCallOptionsSale" xlink:to="phg_AdditionalCashPaymentForCallOptionsSale_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfOptionsOutstanding" xlink:href="phg-20221231.xsd#phg_NumberOfOptionsOutstanding" />
    <label xlink:type="resource" xlink:label="phg_NumberOfOptionsOutstanding_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of options outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfOptionsOutstanding" xlink:to="phg_NumberOfOptionsOutstanding_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReductionOfTreasuryShares" xlink:href="phg-20221231.xsd#phg_ReductionOfTreasuryShares" />
    <label xlink:type="resource" xlink:label="phg_ReductionOfTreasuryShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Reduction of treasury shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReductionOfTreasuryShares" xlink:to="phg_ReductionOfTreasuryShares_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Borrowings" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Borrowings" />
    <label xlink:type="resource" xlink:label="ifrs-full_Borrowings_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PercentageOfShareholdersElectingShareDividend" xlink:href="phg-20221231.xsd#phg_PercentageOfShareholdersElectingShareDividend" />
    <label xlink:type="resource" xlink:label="phg_PercentageOfShareholdersElectingShareDividend_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of shareholders electing share dividend</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PercentageOfShareholdersElectingShareDividend" xlink:to="phg_PercentageOfShareholdersElectingShareDividend_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfSharesIssued" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesIssued" />
    <label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of shares issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssued" xlink:to="ifrs-full_NumberOfSharesIssued_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SettlementOfCashDividend" xlink:href="phg-20221231.xsd#phg_SettlementOfCashDividend" />
    <label xlink:type="resource" xlink:label="phg_SettlementOfCashDividend_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Settlement of cash dividend</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SettlementOfCashDividend" xlink:to="phg_SettlementOfCashDividend_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DividendsPaidOrdinaryShares" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DividendsPaidOrdinaryShares" />
    <label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidOrdinaryShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividends paid, ordinary shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidOrdinaryShares" xlink:to="ifrs-full_DividendsPaidOrdinaryShares_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareholderEquitySubjectToLimitations" xlink:href="phg-20221231.xsd#phg_ShareholderEquitySubjectToLimitations" />
    <label xlink:type="resource" xlink:label="phg_ShareholderEquitySubjectToLimitations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Shareholder equity subject to limitations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareholderEquitySubjectToLimitations" xlink:to="phg_ShareholderEquitySubjectToLimitations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareholderEquitySubjectToLimitationsOrdinaryShares" xlink:href="phg-20221231.xsd#phg_ShareholderEquitySubjectToLimitationsOrdinaryShares" />
    <label xlink:type="resource" xlink:label="phg_ShareholderEquitySubjectToLimitationsOrdinaryShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Shareholder Equity Subject To Limitations Ordinary Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareholderEquitySubjectToLimitationsOrdinaryShares" xlink:to="phg_ShareholderEquitySubjectToLimitationsOrdinaryShares_lbl" />
    <loc xlink:type="locator" xlink:label="phg_LegalReservesRequiredByDutchLaw" xlink:href="phg-20221231.xsd#phg_LegalReservesRequiredByDutchLaw" />
    <label xlink:type="resource" xlink:label="phg_LegalReservesRequiredByDutchLaw_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Legal reserves required by Dutch law</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_LegalReservesRequiredByDutchLaw" xlink:to="phg_LegalReservesRequiredByDutchLaw_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CurrencyTranslationDifferences" xlink:href="phg-20221231.xsd#phg_CurrencyTranslationDifferences" />
    <label xlink:type="resource" xlink:label="phg_CurrencyTranslationDifferences_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Currency translation differences</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CurrencyTranslationDifferences" xlink:to="phg_CurrencyTranslationDifferences_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DividendPayoutRatio" xlink:href="phg-20221231.xsd#phg_DividendPayoutRatio" />
    <label xlink:type="resource" xlink:label="phg_DividendPayoutRatio_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividend payout ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DividendPayoutRatio" xlink:to="phg_DividendPayoutRatio_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OrdinarySharesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OrdinarySharesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OrdinarySharesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Ordinary shares [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OrdinarySharesMember" xlink:to="ifrs-full_OrdinarySharesMember_lbl" />
    <loc xlink:type="locator" xlink:label="currency_EUR" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_EUR" />
    <label xlink:type="resource" xlink:label="currency_EUR_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Euro [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_EUR" xlink:to="currency_EUR_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareRepurchaseLtiMember" xlink:href="phg-20221231.xsd#phg_ShareRepurchaseLtiMember" />
    <label xlink:type="resource" xlink:label="phg_ShareRepurchaseLtiMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share repurchase LTI [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareRepurchaseLtiMember" xlink:to="phg_ShareRepurchaseLtiMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PurchaseForwardContractsMember" xlink:href="phg-20221231.xsd#phg_PurchaseForwardContractsMember" />
    <label xlink:type="resource" xlink:label="phg_PurchaseForwardContractsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchase forward contracts [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PurchaseForwardContractsMember" xlink:to="phg_PurchaseForwardContractsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareRepurchaseLti2021Member" xlink:href="phg-20221231.xsd#phg_ShareRepurchaseLti2021Member" />
    <label xlink:type="resource" xlink:label="phg_ShareRepurchaseLti2021Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share repurchase LTI 2021 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareRepurchaseLti2021Member" xlink:to="phg_ShareRepurchaseLti2021Member_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareRepurchaseLti2020Member" xlink:href="phg-20221231.xsd#phg_ShareRepurchaseLti2020Member" />
    <label xlink:type="resource" xlink:label="phg_ShareRepurchaseLti2020Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share repurchase LTI 2020 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareRepurchaseLti2020Member" xlink:to="phg_ShareRepurchaseLti2020Member_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareRepurchaseLti2022Member" xlink:href="phg-20221231.xsd#phg_ShareRepurchaseLti2022Member" />
    <label xlink:type="resource" xlink:label="phg_ShareRepurchaseLti2022Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share repurchase LTI 2022 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareRepurchaseLti2022Member" xlink:to="phg_ShareRepurchaseLti2022Member_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareRepurchaseProgramMember" xlink:href="phg-20221231.xsd#phg_ShareRepurchaseProgramMember" />
    <label xlink:type="resource" xlink:label="phg_ShareRepurchaseProgramMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share repurchase program [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareRepurchaseProgramMember" xlink:to="phg_ShareRepurchaseProgramMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PerformanceSharePlansMember" xlink:href="phg-20221231.xsd#phg_PerformanceSharePlansMember" />
    <label xlink:type="resource" xlink:label="phg_PerformanceSharePlansMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Performance share plans [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PerformanceSharePlansMember" xlink:to="phg_PerformanceSharePlansMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ForwardShareRepurchaseContractsMember" xlink:href="phg-20221231.xsd#phg_ForwardShareRepurchaseContractsMember" />
    <label xlink:type="resource" xlink:label="phg_ForwardShareRepurchaseContractsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Forward share repurchase contracts [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ForwardShareRepurchaseContractsMember" xlink:to="phg_ForwardShareRepurchaseContractsMember_lbl" />
    <loc xlink:type="locator" xlink:label="currency_USD" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_USD" />
    <label xlink:type="resource" xlink:label="currency_USD_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">US Dollar [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_USD" xlink:to="currency_USD_lbl" />
    <loc xlink:type="locator" xlink:label="currency_AllCurrenciesDomain" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_AllCurrenciesDomain" />
    <label xlink:type="resource" xlink:label="currency_AllCurrenciesDomain_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Currencies [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_AllCurrenciesDomain" xlink:to="currency_AllCurrenciesDomain_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchasedCallOptionsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchasedCallOptionsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchasedCallOptionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchased call options [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasedCallOptionsMember" xlink:to="ifrs-full_PurchasedCallOptionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShareBuybackProgramMember" xlink:href="phg-20221231.xsd#phg_ShareBuybackProgramMember" />
    <label xlink:type="resource" xlink:label="phg_ShareBuybackProgramMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share buyback program [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShareBuybackProgramMember" xlink:to="phg_ShareBuybackProgramMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DividendDistributionMember" xlink:href="phg-20221231.xsd#phg_DividendDistributionMember" />
    <label xlink:type="resource" xlink:label="phg_DividendDistributionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividend distribution [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DividendDistributionMember" xlink:to="phg_DividendDistributionMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OptionCurrencyDenominationAxis" xlink:href="phg-20221231.xsd#phg_OptionCurrencyDenominationAxis" />
    <label xlink:type="resource" xlink:label="phg_OptionCurrencyDenominationAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Option currency denomination [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OptionCurrencyDenominationAxis" xlink:to="phg_OptionCurrencyDenominationAxis_lbl" />
    <loc xlink:type="locator" xlink:label="dei_LegalEntityAxis" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_LegalEntityAxis" />
    <label xlink:type="resource" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Legal Entity [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BorrowingsByNameAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsByNameAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_BorrowingsByNameAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings by name [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameAxis" xlink:to="ifrs-full_BorrowingsByNameAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BorrowingsByNameMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsByNameMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_BorrowingsByNameMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings by name [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameMember" xlink:to="ifrs-full_BorrowingsByNameMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EquityTable" xlink:href="phg-20221231.xsd#phg_EquityTable" />
    <label xlink:type="resource" xlink:label="phg_EquityTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityTable" xlink:to="phg_EquityTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EquityLineItems" xlink:href="phg-20221231.xsd#phg_EquityLineItems" />
    <label xlink:type="resource" xlink:label="phg_EquityLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EquityLineItems" xlink:to="phg_EquityLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfSharesOutstanding" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesOutstanding" />
    <label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of shares outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Number of shares outstanding at end of period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_DividendDistributed" xlink:href="phg-20221231.xsd#phg_DividendDistributed" />
    <label xlink:type="resource" xlink:label="phg_DividendDistributed_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividend distributed</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DividendDistributed" xlink:to="phg_DividendDistributed_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReIssuanceOfTreasurySharesNumberOf" xlink:href="phg-20221231.xsd#phg_ReIssuanceOfTreasurySharesNumberOf" />
    <label xlink:type="resource" xlink:label="phg_ReIssuanceOfTreasurySharesNumberOf_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Re-issuance of treasury shares, number of</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReIssuanceOfTreasurySharesNumberOf" xlink:to="phg_ReIssuanceOfTreasurySharesNumberOf_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IssuanceOfNewShares" xlink:href="phg-20221231.xsd#phg_IssuanceOfNewShares" />
    <label xlink:type="resource" xlink:label="phg_IssuanceOfNewShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Issuance of new shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IssuanceOfNewShares" xlink:to="phg_IssuanceOfNewShares_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfShareCapitalAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfShareCapitalAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of share capital [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalAxis" xlink:to="ifrs-full_ClassesOfShareCapitalAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfShareCapitalMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfShareCapitalMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfShareCapitalMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Share capital [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalMember" xlink:to="ifrs-full_ClassesOfShareCapitalMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SharesAcquired" xlink:href="phg-20221231.xsd#phg_SharesAcquired" />
    <label xlink:type="resource" xlink:label="phg_SharesAcquired_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Shares acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SharesAcquired" xlink:to="phg_SharesAcquired_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AverageMarketPrice" xlink:href="phg-20221231.xsd#phg_AverageMarketPrice" />
    <label xlink:type="resource" xlink:label="phg_AverageMarketPrice_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Average market price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AverageMarketPrice" xlink:to="phg_AverageMarketPrice_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SharesDelivered" xlink:href="phg-20221231.xsd#phg_SharesDelivered" />
    <label xlink:type="resource" xlink:label="phg_SharesDelivered_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Shares delivered</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SharesDelivered" xlink:to="phg_SharesDelivered_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AveragePriceFifo" xlink:href="phg-20221231.xsd#phg_AveragePriceFifo" />
    <label xlink:type="resource" xlink:label="phg_AveragePriceFifo_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Average price (FIFO)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AveragePriceFifo" xlink:to="phg_AveragePriceFifo_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CostOfDeliveredShares" xlink:href="phg-20221231.xsd#phg_CostOfDeliveredShares" />
    <label xlink:type="resource" xlink:label="phg_CostOfDeliveredShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cost of delivered shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CostOfDeliveredShares" xlink:to="phg_CostOfDeliveredShares_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SharesInTreasury" xlink:href="phg-20221231.xsd#phg_SharesInTreasury" />
    <label xlink:type="resource" xlink:label="phg_SharesInTreasury_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Shares in treasury</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SharesInTreasury" xlink:to="phg_SharesInTreasury_lbl" />
    <label xlink:type="resource" xlink:label="phg_SharesInTreasury_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Shares in treasury, at the end of the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SharesInTreasury" xlink:to="phg_SharesInTreasury_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_CostOfTreasurySharesForEmployeeOptions" xlink:href="phg-20221231.xsd#phg_CostOfTreasurySharesForEmployeeOptions" />
    <label xlink:type="resource" xlink:label="phg_CostOfTreasurySharesForEmployeeOptions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cost of treasury shares for employee options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CostOfTreasurySharesForEmployeeOptions" xlink:to="phg_CostOfTreasurySharesForEmployeeOptions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TreasurySharesForShareBasedPaymentsMember" xlink:href="phg-20221231.xsd#phg_TreasurySharesForShareBasedPaymentsMember" />
    <label xlink:type="resource" xlink:label="phg_TreasurySharesForShareBasedPaymentsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares for share-based payments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TreasurySharesForShareBasedPaymentsMember" xlink:to="phg_TreasurySharesForShareBasedPaymentsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TotalCost" xlink:href="phg-20221231.xsd#phg_TotalCost" />
    <label xlink:type="resource" xlink:label="phg_TotalCost_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Total cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TotalCost" xlink:to="phg_TotalCost_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TreasurySharesTransactionsMember" xlink:href="phg-20221231.xsd#phg_TreasurySharesTransactionsMember" />
    <label xlink:type="resource" xlink:label="phg_TreasurySharesTransactionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TreasurySharesTransactionsMember" xlink:to="phg_TreasurySharesTransactionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetDebt" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetDebt" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetDebt_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDebt" xlink:to="ifrs-full_NetDebt_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetDebtAndGroupEquityRatio" xlink:href="phg-20221231.xsd#phg_NetDebtAndGroupEquityRatio" />
    <label xlink:type="resource" xlink:label="phg_NetDebtAndGroupEquityRatio_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net debt and group equity ratio</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetDebtAndGroupEquityRatio" xlink:to="phg_NetDebtAndGroupEquityRatio_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncomeFromContinuingOperationsAttributableToNonControllingInterests" xlink:href="phg-20221231.xsd#phg_IncomeFromContinuingOperationsAttributableToNonControllingInterests" />
    <label xlink:type="resource" xlink:label="phg_IncomeFromContinuingOperationsAttributableToNonControllingInterests_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from continuing operations attributable to non-controlling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncomeFromContinuingOperationsAttributableToNonControllingInterests" xlink:to="phg_IncomeFromContinuingOperationsAttributableToNonControllingInterests_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Income from continuing operations attributable to owners of parent</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:to="ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetFinanceExpenses" xlink:href="phg-20221231.xsd#phg_NetFinanceExpenses" />
    <label xlink:type="resource" xlink:label="phg_NetFinanceExpenses_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net finance expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetFinanceExpenses" xlink:to="phg_NetFinanceExpenses_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TaxImpactOfAdjustedItems" xlink:href="phg-20221231.xsd#phg_TaxImpactOfAdjustedItems" />
    <label xlink:type="resource" xlink:label="phg_TaxImpactOfAdjustedItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax impact of adjusted items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TaxImpactOfAdjustedItems" xlink:to="phg_TaxImpactOfAdjustedItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AdjustedIncomeFromContinuingOperationsAttributableToShareholders" xlink:href="phg-20221231.xsd#phg_AdjustedIncomeFromContinuingOperationsAttributableToShareholders" />
    <label xlink:type="resource" xlink:label="phg_AdjustedIncomeFromContinuingOperationsAttributableToShareholders_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Adjusted Income from continuing operations attributable to shareholders</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AdjustedIncomeFromContinuingOperationsAttributableToShareholders" xlink:to="phg_AdjustedIncomeFromContinuingOperationsAttributableToShareholders_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_UndrawnBorrowingFacilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UndrawnBorrowingFacilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_UndrawnBorrowingFacilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Undrawn borrowing facilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UndrawnBorrowingFacilities" xlink:to="ifrs-full_UndrawnBorrowingFacilities_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EuroMediumTermNoteProgram" xlink:href="phg-20221231.xsd#phg_EuroMediumTermNoteProgram" />
    <label xlink:type="resource" xlink:label="phg_EuroMediumTermNoteProgram_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Euro Medium-Term Note program</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EuroMediumTermNoteProgram" xlink:to="phg_EuroMediumTermNoteProgram_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeOfControlTriggeringEventPotentiallyRequiredPurchasePriceRelatedToPrincipalAmount" xlink:href="phg-20221231.xsd#phg_ChangeOfControlTriggeringEventPotentiallyRequiredPurchasePriceRelatedToPrincipalAmount" />
    <label xlink:type="resource" xlink:label="phg_ChangeOfControlTriggeringEventPotentiallyRequiredPurchasePriceRelatedToPrincipalAmount_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change of Control Triggering Event, potentially required purchase price related to principal amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeOfControlTriggeringEventPotentiallyRequiredPurchasePriceRelatedToPrincipalAmount" xlink:to="phg_ChangeOfControlTriggeringEventPotentiallyRequiredPurchasePriceRelatedToPrincipalAmount_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ShorttermBorrowings" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShorttermBorrowings" />
    <label xlink:type="resource" xlink:label="ifrs-full_ShorttermBorrowings_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowings" xlink:to="ifrs-full_ShorttermBorrowings_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BorrowingsInterestRate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsInterestRate" />
    <label xlink:type="resource" xlink:label="ifrs-full_BorrowingsInterestRate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings, interest rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CommercialPaperProgrammeMember" xlink:href="phg-20221231.xsd#phg_CommercialPaperProgrammeMember" />
    <label xlink:type="resource" xlink:label="phg_CommercialPaperProgrammeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Paper Programme [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CommercialPaperProgrammeMember" xlink:to="phg_CommercialPaperProgrammeMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CommittedRevolvingCreditFacilityMember" xlink:href="phg-20221231.xsd#phg_CommittedRevolvingCreditFacilityMember" />
    <label xlink:type="resource" xlink:label="phg_CommittedRevolvingCreditFacilityMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Committed revolving credit facility [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CommittedRevolvingCreditFacilityMember" xlink:to="phg_CommittedRevolvingCreditFacilityMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BilateralLoansTotalMember" xlink:href="phg-20221231.xsd#phg_BilateralLoansTotalMember" />
    <label xlink:type="resource" xlink:label="phg_BilateralLoansTotalMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Bilateral loans, total [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BilateralLoansTotalMember" xlink:to="phg_BilateralLoansTotalMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BilateralLoansSingleMember" xlink:href="phg-20221231.xsd#phg_BilateralLoansSingleMember" />
    <label xlink:type="resource" xlink:label="phg_BilateralLoansSingleMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Bilateral loans, single [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BilateralLoansSingleMember" xlink:to="phg_BilateralLoansSingleMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ForwardContractMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ForwardContractMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ForwardContractMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Forward contract [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ForwardContractMember" xlink:to="ifrs-full_ForwardContractMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_MaturedMember" xlink:href="phg-20221231.xsd#phg_MaturedMember" />
    <label xlink:type="resource" xlink:label="phg_MaturedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Matured [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MaturedMember" xlink:to="phg_MaturedMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageMember" xlink:to="ifrs-full_WeightedAverageMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BankBorrowingsMember" xlink:href="phg-20221231.xsd#phg_BankBorrowingsMember" />
    <label xlink:type="resource" xlink:label="phg_BankBorrowingsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Bank borrowings [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BankBorrowingsMember" xlink:to="phg_BankBorrowingsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of financial liabilities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialLiabilitiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilitiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities, class [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesMember" xlink:to="ifrs-full_FinancialLiabilitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DebtTable" xlink:href="phg-20221231.xsd#phg_DebtTable" />
    <label xlink:type="resource" xlink:label="phg_DebtTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DebtTable" xlink:to="phg_DebtTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DebtLineItems" xlink:href="phg-20221231.xsd#phg_DebtLineItems" />
    <label xlink:type="resource" xlink:label="phg_DebtLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DebtLineItems" xlink:to="phg_DebtLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_LongTermDebtIncludingCurrentPortionOfLongTermDebt" xlink:href="phg-20221231.xsd#phg_LongTermDebtIncludingCurrentPortionOfLongTermDebt" />
    <label xlink:type="resource" xlink:label="phg_LongTermDebtIncludingCurrentPortionOfLongTermDebt_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Long-term debt including current portion of long-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_LongTermDebtIncludingCurrentPortionOfLongTermDebt" xlink:to="phg_LongTermDebtIncludingCurrentPortionOfLongTermDebt_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_BorrowingsMaturity" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsMaturity" />
    <label xlink:type="resource" xlink:label="ifrs-full_BorrowingsMaturity_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings, maturity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsMaturity" xlink:to="ifrs-full_BorrowingsMaturity_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPortionOfLongtermBorrowings" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current portion of non-current borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:to="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BondsMember" xlink:href="phg-20221231.xsd#phg_BondsMember" />
    <label xlink:type="resource" xlink:label="phg_BondsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Bonds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BondsMember" xlink:to="phg_BondsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than one year and not later than five years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LeaseLiabilitiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LeaseLiabilitiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Lease liabilities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherLongTermDebtMember" xlink:href="phg-20221231.xsd#phg_OtherLongTermDebtMember" />
    <label xlink:type="resource" xlink:label="phg_OtherLongTermDebtMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other long-term debt [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherLongTermDebtMember" xlink:to="phg_OtherLongTermDebtMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredBondsAdjustments" xlink:href="phg-20221231.xsd#phg_UnsecuredBondsAdjustments" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredBondsAdjustments_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured bonds adjustments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredBondsAdjustments" xlink:to="phg_UnsecuredBondsAdjustments_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue0906202312PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue0906202312PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue0906202312PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 09/06/2023 1/2 percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue0906202312PercentMember" xlink:to="phg_UnsecuredEurBondsDue0906202312PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EffectiveInterestRateMember" xlink:href="phg-20221231.xsd#phg_EffectiveInterestRateMember" />
    <label xlink:type="resource" xlink:label="phg_EffectiveInterestRateMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Effective interest rate [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EffectiveInterestRateMember" xlink:to="phg_EffectiveInterestRateMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LongtermBorrowingsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LongtermBorrowingsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LongtermBorrowingsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Long-term borrowings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowingsMember" xlink:to="ifrs-full_LongtermBorrowingsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredBondsMember" xlink:href="phg-20221231.xsd#phg_UnsecuredBondsMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredBondsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured bonds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredBondsMember" xlink:to="phg_UnsecuredBondsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue0502202434PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue0502202434PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue0502202434PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 05/02/2024 3/4 percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue0502202434PercentMember" xlink:to="phg_UnsecuredEurBondsDue0502202434PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue2205202612PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue2205202612PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue2205202612PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 22/05/2026 1/2 percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue2205202612PercentMember" xlink:to="phg_UnsecuredEurBondsDue2205202612PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue05022028138PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue05022028138PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue05022028138PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 05/02/2028 1 3/8 Percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue05022028138PercentMember" xlink:to="phg_UnsecuredEurBondsDue05022028138PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue30032025138Member" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue30032025138Member" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue30032025138Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 30/03/2025 1 3/8% [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue30032025138Member" xlink:to="phg_UnsecuredEurBondsDue30032025138Member_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue300320302Member" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue300320302Member" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue300320302Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 30/03/2030 2% [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue300320302Member" xlink:to="phg_UnsecuredEurBondsDue300320302Member_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue05052027178Member" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue05052027178Member" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue05052027178Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 05/05/2027 1 7/8% [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue05052027178Member" xlink:to="phg_UnsecuredEurBondsDue05052027178Member_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue05112029218Member" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue05112029218Member" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue05112029218Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 05/11/2029 2 1/8% [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue05112029218Member" xlink:to="phg_UnsecuredEurBondsDue05112029218Member_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredEurBondsDue05052033258Member" xlink:href="phg-20221231.xsd#phg_UnsecuredEurBondsDue05052033258Member" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredEurBondsDue05052033258Member_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured EUR Bonds Due 05/05/2033 2 5/8% [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredEurBondsDue05052033258Member" xlink:to="phg_UnsecuredEurBondsDue05052033258Member_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredUsdBondsDue05152025734PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredUsdBondsDue05152025734PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredUsdBondsDue05152025734PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured USD Bonds Due 05/15/2025 7 3/4 Percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredUsdBondsDue05152025734PercentMember" xlink:to="phg_UnsecuredUsdBondsDue05152025734PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredUsdBondsDue06012026715PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredUsdBondsDue06012026715PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredUsdBondsDue06012026715PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured USD Bonds Due 06/01/2026 7 1/5 Percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredUsdBondsDue06012026715PercentMember" xlink:to="phg_UnsecuredUsdBondsDue06012026715PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredUsdBondsDue05152025718PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredUsdBondsDue05152025718PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredUsdBondsDue05152025718PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured USD Bonds Due 05/15/2025 7 1/8 Percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredUsdBondsDue05152025718PercentMember" xlink:to="phg_UnsecuredUsdBondsDue05152025718PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredUsdBondsDue11032038678PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredUsdBondsDue11032038678PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredUsdBondsDue11032038678PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured USD Bonds Due 11/03/2038 6 7/8 Percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredUsdBondsDue11032038678PercentMember" xlink:to="phg_UnsecuredUsdBondsDue11032038678PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnsecuredUsdBondsDue031520425PercentMember" xlink:href="phg-20221231.xsd#phg_UnsecuredUsdBondsDue031520425PercentMember" />
    <label xlink:type="resource" xlink:label="phg_UnsecuredUsdBondsDue031520425PercentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured USD Bonds Due 03/15/2042 5 Percent [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnsecuredUsdBondsDue031520425PercentMember" xlink:to="phg_UnsecuredUsdBondsDue031520425PercentMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfInterestRatesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfInterestRatesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_TypesOfInterestRatesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Types of interest rates [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInterestRatesAxis" xlink:to="ifrs-full_TypesOfInterestRatesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestRateTypesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestRateTypesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestRateTypesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest rate types [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRateTypesMember" xlink:to="ifrs-full_InterestRateTypesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GrossLeaseLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GrossLeaseLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_GrossLeaseLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gross lease liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossLeaseLiabilities" xlink:to="ifrs-full_GrossLeaseLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentInterestPayable" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentInterestPayable" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentInterestPayable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current interest payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentInterestPayable" xlink:to="ifrs-full_CurrentInterestPayable_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentInterestPayable" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentInterestPayable" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentInterestPayable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current interest payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentInterestPayable" xlink:to="ifrs-full_NoncurrentInterestPayable_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestPayable" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestPayable" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestPayable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest payable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPayable" xlink:to="ifrs-full_InterestPayable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShortTermBankBorrowings" xlink:href="phg-20221231.xsd#phg_ShortTermBankBorrowings" />
    <label xlink:type="resource" xlink:label="phg_ShortTermBankBorrowings_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Short-term bank borrowings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShortTermBankBorrowings" xlink:to="phg_ShortTermBankBorrowings_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PercentageOfProductionCompleted" xlink:href="phg-20221231.xsd#phg_PercentageOfProductionCompleted" />
    <label xlink:type="resource" xlink:label="phg_PercentageOfProductionCompleted_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of production completed</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PercentageOfProductionCompleted" xlink:to="phg_PercentageOfProductionCompleted_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfReplacedAndRepairedDevices" xlink:href="phg-20221231.xsd#phg_NumberOfReplacedAndRepairedDevices" />
    <label xlink:type="resource" xlink:label="phg_NumberOfReplacedAndRepairedDevices_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of replaced and repaired devices</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfReplacedAndRepairedDevices" xlink:to="phg_NumberOfReplacedAndRepairedDevices_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfUnitsToBeRemediated" xlink:href="phg-20221231.xsd#phg_NumberOfUnitsToBeRemediated" />
    <label xlink:type="resource" xlink:label="phg_NumberOfUnitsToBeRemediated_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of units to be remediated</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfUnitsToBeRemediated" xlink:to="phg_NumberOfUnitsToBeRemediated_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReplacementDevicesSharePercentage" xlink:href="phg-20221231.xsd#phg_ReplacementDevicesSharePercentage" />
    <label xlink:type="resource" xlink:label="phg_ReplacementDevicesSharePercentage_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Replacement devices share percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReplacementDevicesSharePercentage" xlink:to="phg_ReplacementDevicesSharePercentage_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RemediationCosts" xlink:href="phg-20221231.xsd#phg_RemediationCosts" />
    <label xlink:type="resource" xlink:label="phg_RemediationCosts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Remediation costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RemediationCosts" xlink:to="phg_RemediationCosts_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionalProvisionsOtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Additional provisions, other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalProvisionsOtherProvisions" xlink:to="ifrs-full_AdditionalProvisionsOtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProvisionUsedOtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProvisionUsedOtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProvisionUsedOtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provision used, other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionUsedOtherProvisions" xlink:to="ifrs-full_ProvisionUsedOtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionUtilizationPeriod" xlink:href="phg-20221231.xsd#phg_ProvisionUtilizationPeriod" />
    <label xlink:type="resource" xlink:label="phg_ProvisionUtilizationPeriod_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provision utilization period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionUtilizationPeriod" xlink:to="phg_ProvisionUtilizationPeriod_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EffectOfChangeInAccountingEstimateRemainingDuration" xlink:href="phg-20221231.xsd#phg_EffectOfChangeInAccountingEstimateRemainingDuration" />
    <label xlink:type="resource" xlink:label="phg_EffectOfChangeInAccountingEstimateRemainingDuration_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Effect of change in accounting estimate, remaining duration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EffectOfChangeInAccountingEstimateRemainingDuration" xlink:to="phg_EffectOfChangeInAccountingEstimateRemainingDuration_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UnusedProvisionReversedOtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_UnusedProvisionReversedOtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unused provision reversed, other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:to="ifrs-full_UnusedProvisionReversedOtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfEmployeesReduced" xlink:href="phg-20221231.xsd#phg_NumberOfEmployeesReduced" />
    <label xlink:type="resource" xlink:label="phg_NumberOfEmployeesReduced_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of employees reduced</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfEmployeesReduced" xlink:to="phg_NumberOfEmployeesReduced_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ExpectedRestructuringProvision" xlink:href="phg-20221231.xsd#phg_ExpectedRestructuringProvision" />
    <label xlink:type="resource" xlink:label="phg_ExpectedRestructuringProvision_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Expected restructuring provision</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ExpectedRestructuringProvision" xlink:to="phg_ExpectedRestructuringProvision_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RestructuringProvision" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RestructuringProvision" />
    <label xlink:type="resource" xlink:label="ifrs-full_RestructuringProvision_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Restructuring provision</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RestructuringProvision" xlink:to="ifrs-full_RestructuringProvision_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeInFairValueOnContingentConsideration" xlink:href="phg-20221231.xsd#phg_ChangeInFairValueOnContingentConsideration" />
    <label xlink:type="resource" xlink:label="phg_ChangeInFairValueOnContingentConsideration_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change in Fair value on contingent consideration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeInFairValueOnContingentConsideration" xlink:to="phg_ChangeInFairValueOnContingentConsideration_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WarrantyProvisionMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WarrantyProvisionMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_WarrantyProvisionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Warranty provision [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WarrantyProvisionMember" xlink:to="ifrs-full_WarrantyProvisionMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherEnvironmentRelatedProvisionMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherEnvironmentRelatedProvisionMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherEnvironmentRelatedProvisionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other environment related provision [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherEnvironmentRelatedProvisionMember" xlink:to="ifrs-full_OtherEnvironmentRelatedProvisionMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherEnvironmentRelatedProvisionLongTermMember" xlink:href="phg-20221231.xsd#phg_OtherEnvironmentRelatedProvisionLongTermMember" />
    <label xlink:type="resource" xlink:label="phg_OtherEnvironmentRelatedProvisionLongTermMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other environment related provision long term [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherEnvironmentRelatedProvisionLongTermMember" xlink:to="phg_OtherEnvironmentRelatedProvisionLongTermMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherEnvironmentRelatedProvisionRemainderMember" xlink:href="phg-20221231.xsd#phg_OtherEnvironmentRelatedProvisionRemainderMember" />
    <label xlink:type="resource" xlink:label="phg_OtherEnvironmentRelatedProvisionRemainderMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other environment related provision remainder [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherEnvironmentRelatedProvisionRemainderMember" xlink:to="phg_OtherEnvironmentRelatedProvisionRemainderMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PreviouslyStatedMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PreviouslyStatedMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_PreviouslyStatedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Previously stated [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PreviouslyStatedMember" xlink:to="ifrs-full_PreviouslyStatedMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RestatedMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RestatedMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_RestatedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Currently stated [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RestatedMember" xlink:to="ifrs-full_RestatedMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseDueToVoluntaryChangesInAccountingPolicyMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseDueToVoluntaryChangesInAccountingPolicyMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseDueToVoluntaryChangesInAccountingPolicyMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) due to voluntary changes in accounting policy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseDueToVoluntaryChangesInAccountingPolicyMember" xlink:to="ifrs-full_IncreaseDecreaseDueToVoluntaryChangesInAccountingPolicyMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LegalProceedingsProvisionMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LegalProceedingsProvisionMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LegalProceedingsProvisionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Legal proceedings provision [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LegalProceedingsProvisionMember" xlink:to="ifrs-full_LegalProceedingsProvisionMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NotLaterThanThreeYearsMember" xlink:href="phg-20221231.xsd#phg_NotLaterThanThreeYearsMember" />
    <label xlink:type="resource" xlink:label="phg_NotLaterThanThreeYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Not later than three years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NotLaterThanThreeYearsMember" xlink:to="phg_NotLaterThanThreeYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsForContingentConsiderationsMember" xlink:href="phg-20221231.xsd#phg_ProvisionsForContingentConsiderationsMember" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsForContingentConsiderationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions for contingent considerations [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsForContingentConsiderationsMember" xlink:to="phg_ProvisionsForContingentConsiderationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EpdSolutionsLtdMember" xlink:href="phg-20221231.xsd#phg_EpdSolutionsLtdMember" />
    <label xlink:type="resource" xlink:label="phg_EpdSolutionsLtdMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">EPD Solutions Ltd [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EpdSolutionsLtdMember" xlink:to="phg_EpdSolutionsLtdMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ForecastsRevisionMember" xlink:href="phg-20221231.xsd#phg_ForecastsRevisionMember" />
    <label xlink:type="resource" xlink:label="phg_ForecastsRevisionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Forecasts revision [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ForecastsRevisionMember" xlink:to="phg_ForecastsRevisionMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_MilestoneMember" xlink:href="phg-20221231.xsd#phg_MilestoneMember" />
    <label xlink:type="resource" xlink:label="phg_MilestoneMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Milestone [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MilestoneMember" xlink:to="phg_MilestoneMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsForEmployeeJubileeFundsMember" xlink:href="phg-20221231.xsd#phg_ProvisionsForEmployeeJubileeFundsMember" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsForEmployeeJubileeFundsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions for employee jubilee funds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsForEmployeeJubileeFundsMember" xlink:to="phg_ProvisionsForEmployeeJubileeFundsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SelfInsuranceProvisionsMember" xlink:href="phg-20221231.xsd#phg_SelfInsuranceProvisionsMember" />
    <label xlink:type="resource" xlink:label="phg_SelfInsuranceProvisionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Self-insurance provisions [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SelfInsuranceProvisionsMember" xlink:to="phg_SelfInsuranceProvisionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provision for taxes other than income tax [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:to="ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsForRightsOfReturnMember" xlink:href="phg-20221231.xsd#phg_ProvisionsForRightsOfReturnMember" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsForRightsOfReturnMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions for rights of return [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsForRightsOfReturnMember" xlink:to="phg_ProvisionsForRightsOfReturnMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provision for decommissioning, restoration and rehabilitation costs [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsMember" xlink:to="ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OnerousContractsProvisionMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OnerousContractsProvisionMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OnerousContractsProvisionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Onerous contracts provision [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OnerousContractsProvisionMember" xlink:to="ifrs-full_OnerousContractsProvisionMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherProvisionsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherProvisionsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherProvisionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other provisions [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisionsMember" xlink:to="ifrs-full_OtherProvisionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NotLaterThanFiveYearsMember" xlink:href="phg-20221231.xsd#phg_NotLaterThanFiveYearsMember" />
    <label xlink:type="resource" xlink:label="phg_NotLaterThanFiveYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Not later than five years [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NotLaterThanFiveYearsMember" xlink:to="phg_NotLaterThanFiveYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfProvisionsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfProvisionsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfProvisionsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of other provisions [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfProvisionsAxis" xlink:to="ifrs-full_ClassesOfProvisionsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Retrospective application and retrospective restatement [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsTable" xlink:href="phg-20221231.xsd#phg_ProvisionsTable" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsTable" xlink:to="phg_ProvisionsTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ProvisionsLineItems" xlink:href="phg-20221231.xsd#phg_ProvisionsLineItems" />
    <label xlink:type="resource" xlink:label="phg_ProvisionsLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ProvisionsLineItems" xlink:to="phg_ProvisionsLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Provisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Provisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_Provisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_Provisions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Provisions, at the start of the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_lbl1" />
    <label xlink:type="resource" xlink:label="ifrs-full_Provisions_lbl2" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Provisions, at the end of the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_lbl2" />
    <loc xlink:type="locator" xlink:label="phg_PostEmployementBenefitMember" xlink:href="phg-20221231.xsd#phg_PostEmployementBenefitMember" />
    <label xlink:type="resource" xlink:label="phg_PostEmployementBenefitMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employement benefit [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmployementBenefitMember" xlink:to="phg_PostEmployementBenefitMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RespironicsFieldActionMember" xlink:href="phg-20221231.xsd#phg_RespironicsFieldActionMember" />
    <label xlink:type="resource" xlink:label="phg_RespironicsFieldActionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Respironics field action [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RespironicsFieldActionMember" xlink:to="phg_RespironicsFieldActionMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RestructuringProvisionMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RestructuringProvisionMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_RestructuringProvisionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Restructuring provision [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RestructuringProvisionMember" xlink:to="ifrs-full_RestructuringProvisionMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_MiscellaneousOtherProvisionsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MiscellaneousOtherProvisionsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherProvisionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Miscellaneous other provisions [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherProvisionsMember" xlink:to="ifrs-full_MiscellaneousOtherProvisionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through net exchange differences, other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SensitivityAnalysisEffectOfChangeInMainAssumption" xlink:href="phg-20221231.xsd#phg_SensitivityAnalysisEffectOfChangeInMainAssumption" />
    <label xlink:type="resource" xlink:label="phg_SensitivityAnalysisEffectOfChangeInMainAssumption_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sensitivity analysis effect of change in main assumption</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SensitivityAnalysisEffectOfChangeInMainAssumption" xlink:to="phg_SensitivityAnalysisEffectOfChangeInMainAssumption_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TenPercentagePointIncreaseMember" xlink:href="phg-20221231.xsd#phg_TenPercentagePointIncreaseMember" />
    <label xlink:type="resource" xlink:label="phg_TenPercentagePointIncreaseMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Ten percentage point increase [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TenPercentagePointIncreaseMember" xlink:to="phg_TenPercentagePointIncreaseMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TenPercentagePointDecreaseMember" xlink:href="phg-20221231.xsd#phg_TenPercentagePointDecreaseMember" />
    <label xlink:type="resource" xlink:label="phg_TenPercentagePointDecreaseMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Ten percentage point decrease [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TenPercentagePointDecreaseMember" xlink:to="phg_TenPercentagePointDecreaseMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TotalNumberOfDevicesMember" xlink:href="phg-20221231.xsd#phg_TotalNumberOfDevicesMember" />
    <label xlink:type="resource" xlink:label="phg_TotalNumberOfDevicesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Total number of devices [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TotalNumberOfDevicesMember" xlink:to="phg_TotalNumberOfDevicesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReplacementShareMember" xlink:href="phg-20221231.xsd#phg_ReplacementShareMember" />
    <label xlink:type="resource" xlink:label="phg_ReplacementShareMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Replacement share [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReplacementShareMember" xlink:to="phg_ReplacementShareMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SensitivityAnalysisScenarioAxis" xlink:href="phg-20221231.xsd#phg_SensitivityAnalysisScenarioAxis" />
    <label xlink:type="resource" xlink:label="phg_SensitivityAnalysisScenarioAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sensitivity analysis scenario [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SensitivityAnalysisScenarioAxis" xlink:to="phg_SensitivityAnalysisScenarioAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SensitivityAnalysisScenarioDomain" xlink:href="phg-20221231.xsd#phg_SensitivityAnalysisScenarioDomain" />
    <label xlink:type="resource" xlink:label="phg_SensitivityAnalysisScenarioDomain_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sensitivity analysis scenario [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SensitivityAnalysisScenarioDomain" xlink:to="phg_SensitivityAnalysisScenarioDomain_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SensitivityAnalysisMainAssumptionTypeAxis" xlink:href="phg-20221231.xsd#phg_SensitivityAnalysisMainAssumptionTypeAxis" />
    <label xlink:type="resource" xlink:label="phg_SensitivityAnalysisMainAssumptionTypeAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sensitivity analysis main assumption type [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SensitivityAnalysisMainAssumptionTypeAxis" xlink:to="phg_SensitivityAnalysisMainAssumptionTypeAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SensitivityAnalysisMainAssumptionTypeDomain" xlink:href="phg-20221231.xsd#phg_SensitivityAnalysisMainAssumptionTypeDomain" />
    <label xlink:type="resource" xlink:label="phg_SensitivityAnalysisMainAssumptionTypeDomain_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sensitivity analysis main assumption type [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SensitivityAnalysisMainAssumptionTypeDomain" xlink:to="phg_SensitivityAnalysisMainAssumptionTypeDomain_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease through transfer to liabilities included in disposal groups classified as held for sale, other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions" xlink:to="ifrs-full_DecreaseThroughTransferToLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSaleOtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through change in discount rate, other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase through adjustments arising from passage of time, other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, other provisions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PercentageOfUnquotedAssets" xlink:href="phg-20221231.xsd#phg_PercentageOfUnquotedAssets" />
    <label xlink:type="resource" xlink:label="phg_PercentageOfUnquotedAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of unquoted assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PercentageOfUnquotedAssets" xlink:to="phg_PercentageOfUnquotedAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionOfMortalityRates" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfMortalityRates" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionOfMortalityRates_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumption of mortality rates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfMortalityRates" xlink:to="ifrs-full_ActuarialAssumptionOfMortalityRates_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Age" xlink:href="phg-20221231.xsd#phg_Age" />
    <label xlink:type="resource" xlink:label="phg_Age_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Age</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Age" xlink:to="phg_Age_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfMethodsAndAssumptionsUsedInPreparingSensitivityAnalysisForActuarialAssumptions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfMethodsAndAssumptionsUsedInPreparingSensitivityAnalysisForActuarialAssumptions" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfMethodsAndAssumptionsUsedInPreparingSensitivityAnalysisForActuarialAssumptions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of methods and assumptions used in preparing sensitivity analysis for actuarial assumptions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfMethodsAndAssumptionsUsedInPreparingSensitivityAnalysisForActuarialAssumptions" xlink:to="ifrs-full_DescriptionOfMethodsAndAssumptionsUsedInPreparingSensitivityAnalysisForActuarialAssumptions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" />
    <label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average duration of defined benefit obligation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:to="ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseInActuarialAssumptionOfLifeExpectancyAfterRetirement" xlink:href="phg-20221231.xsd#phg_IncreaseInActuarialAssumptionOfLifeExpectancyAfterRetirement" />
    <label xlink:type="resource" xlink:label="phg_IncreaseInActuarialAssumptionOfLifeExpectancyAfterRetirement_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase in actuarial assumption of life expectancy after retirement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseInActuarialAssumptionOfLifeExpectancyAfterRetirement" xlink:to="phg_IncreaseInActuarialAssumptionOfLifeExpectancyAfterRetirement_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EmployerContributions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EmployerContributions" />
    <label xlink:type="resource" xlink:label="ifrs-full_EmployerContributions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Employer contributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EmployerContributions" xlink:to="ifrs-full_EmployerContributions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentServiceCostDefinedBenefitPlans" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentServiceCostDefinedBenefitPlans" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentServiceCostDefinedBenefitPlans_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current service cost, defined benefit plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentServiceCostDefinedBenefitPlans" xlink:to="ifrs-full_CurrentServiceCostDefinedBenefitPlans_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseIncomeDefinedBenefitPlans_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest expense (income), defined benefit plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" xlink:to="ifrs-full_InterestExpenseIncomeDefinedBenefitPlans_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DefinedBenefitPlansMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DefinedBenefitPlansMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_DefinedBenefitPlansMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Defined benefit plans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansMember" xlink:to="ifrs-full_DefinedBenefitPlansMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WhollyOrPartlyFundedDefinedBenefitPlansMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WhollyOrPartlyFundedDefinedBenefitPlansMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_WhollyOrPartlyFundedDefinedBenefitPlansMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Wholly or partly funded defined benefit plans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WhollyOrPartlyFundedDefinedBenefitPlansMember" xlink:to="ifrs-full_WhollyOrPartlyFundedDefinedBenefitPlansMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnfundedDefinedBenefitPlansMember" xlink:href="phg-20221231.xsd#phg_UnfundedDefinedBenefitPlansMember" />
    <label xlink:type="resource" xlink:label="phg_UnfundedDefinedBenefitPlansMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unfunded defined-benefit plans [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnfundedDefinedBenefitPlansMember" xlink:to="phg_UnfundedDefinedBenefitPlansMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DefinedContributionPlansMember" xlink:href="phg-20221231.xsd#phg_DefinedContributionPlansMember" />
    <label xlink:type="resource" xlink:label="phg_DefinedContributionPlansMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Defined contribution plans [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DefinedContributionPlansMember" xlink:to="phg_DefinedContributionPlansMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DefinedBenefitPlansAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DefinedBenefitPlansAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_DefinedBenefitPlansAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Defined benefit plans [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansAxis" xlink:to="ifrs-full_DefinedBenefitPlansAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FundingArrangementsOfDefinedBenefitPlansAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FundingArrangementsOfDefinedBenefitPlansAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_FundingArrangementsOfDefinedBenefitPlansAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Funding arrangements of defined benefit plans [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FundingArrangementsOfDefinedBenefitPlansAxis" xlink:to="ifrs-full_FundingArrangementsOfDefinedBenefitPlansAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FundingArrangementsOfDefinedBenefitPlansMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FundingArrangementsOfDefinedBenefitPlansMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FundingArrangementsOfDefinedBenefitPlansMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Funding arrangements of defined benefit plans [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FundingArrangementsOfDefinedBenefitPlansMember" xlink:to="ifrs-full_FundingArrangementsOfDefinedBenefitPlansMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsTable" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsTable" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsTable" xlink:to="phg_PostEmploymentBenefitsTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsLineItems" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsLineItems" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsLineItems" xlink:to="phg_PostEmploymentBenefitsLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PresentValueOfFundedObligations" xlink:href="phg-20221231.xsd#phg_PresentValueOfFundedObligations" />
    <label xlink:type="resource" xlink:label="phg_PresentValueOfFundedObligations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Present value of funded obligations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PresentValueOfFundedObligations" xlink:to="phg_PresentValueOfFundedObligations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PresentValueOfUnfundedObligations" xlink:href="phg-20221231.xsd#phg_PresentValueOfUnfundedObligations" />
    <label xlink:type="resource" xlink:label="phg_PresentValueOfUnfundedObligations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Present value of unfunded obligations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PresentValueOfUnfundedObligations" xlink:to="phg_PresentValueOfUnfundedObligations_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net defined benefit liability (asset)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Net defined benefit liability (asset) at beginning of period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl1" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl2" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Net defined benefit liability (asset) at end of period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl2" />
    <loc xlink:type="locator" xlink:label="phg_ValueOfReimbursementRights" xlink:href="phg-20221231.xsd#phg_ValueOfReimbursementRights" />
    <label xlink:type="resource" xlink:label="phg_ValueOfReimbursementRights_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Value of reimbursement rights</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ValueOfReimbursementRights" xlink:to="phg_ValueOfReimbursementRights_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PresentValueOfDefinedBenefitObligationMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_PresentValueOfDefinedBenefitObligationMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Present value of defined benefit obligation [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:to="ifrs-full_PresentValueOfDefinedBenefitObligationMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PlanAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PlanAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_PlanAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Plan assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PlanAssetsMember" xlink:to="ifrs-full_PlanAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetDefinedBenefitLiabilityAssetMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetDefinedBenefitLiabilityAssetMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net defined benefit liability (asset) [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDefinedBenefitLiabilityAssetMember" xlink:to="ifrs-full_NetDefinedBenefitLiabilityAssetMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetDefinedBenefitLiabilityAssetAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net defined benefit liability (asset) [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:to="ifrs-full_NetDefinedBenefitLiabilityAssetAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherNoncurrentAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherNoncurrentAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other non-current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentAssets" xlink:to="ifrs-full_OtherNoncurrentAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current provisions for employee benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:to="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" />
    <label xlink:type="resource" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefit expense in profit or loss, defined benefit plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" />
    <label xlink:type="resource" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefit expense, defined contribution plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:to="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PostEmploymentBenefitsCostsPreTax" xlink:href="phg-20221231.xsd#phg_PostEmploymentBenefitsCostsPreTax" />
    <label xlink:type="resource" xlink:label="phg_PostEmploymentBenefitsCostsPreTax_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Post-employment benefits costs, pre-tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PostEmploymentBenefitsCostsPreTax" xlink:to="phg_PostEmploymentBenefitsCostsPreTax_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CostAllocationMember" xlink:href="phg-20221231.xsd#phg_CostAllocationMember" />
    <label xlink:type="resource" xlink:label="phg_CostAllocationMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cost allocation [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CostAllocationMember" xlink:to="phg_CostAllocationMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncludedInIncomeFromOperationsMember" xlink:href="phg-20221231.xsd#phg_IncludedInIncomeFromOperationsMember" />
    <label xlink:type="resource" xlink:label="phg_IncludedInIncomeFromOperationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Included in income from operations [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncludedInIncomeFromOperationsMember" xlink:to="phg_IncludedInIncomeFromOperationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncludedInFinancialExpenseMember" xlink:href="phg-20221231.xsd#phg_IncludedInFinancialExpenseMember" />
    <label xlink:type="resource" xlink:label="phg_IncludedInFinancialExpenseMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Included in financial expense [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncludedInFinancialExpenseMember" xlink:to="phg_IncludedInFinancialExpenseMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncludedInDiscontinuedOperationsMember" xlink:href="phg-20221231.xsd#phg_IncludedInDiscontinuedOperationsMember" />
    <label xlink:type="resource" xlink:label="phg_IncludedInDiscontinuedOperationsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Included in discontinued operations [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncludedInDiscontinuedOperationsMember" xlink:to="phg_IncludedInDiscontinuedOperationsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CostAllocationAxis" xlink:href="phg-20221231.xsd#phg_CostAllocationAxis" />
    <label xlink:type="resource" xlink:label="phg_CostAllocationAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cost allocation [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CostAllocationAxis" xlink:to="phg_CostAllocationAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase in net defined benefit liability (asset) resulting from current service cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in net defined benefit liability (asset) resulting from contributions to plan by plan participants</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from experience adjustments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in net defined benefit liability (asset) resulting from past service cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in net defined benefit liability (asset) resulting from gains (losses) arising from settlements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in net defined benefit liability (asset) resulting from payments from plan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BenefitsPaidDirectlyByEmployer" xlink:href="phg-20221231.xsd#phg_BenefitsPaidDirectlyByEmployer" />
    <label xlink:type="resource" xlink:label="phg_BenefitsPaidDirectlyByEmployer_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Benefits paid directly by employer</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BenefitsPaidDirectlyByEmployer" xlink:to="phg_BenefitsPaidDirectlyByEmployer_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in net defined benefit liability (asset) resulting from changes in foreign exchange rates, net defined benefit liability (asset)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets excluding interest income or expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" />
    <label xlink:type="resource" xlink:label="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in net defined benefit liability (asset) resulting from resulting from contributions to plan by employer</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DebtInstrumentsAmountContributedToFairValueOfPlanAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DebtInstrumentsAmountContributedToFairValueOfPlanAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_DebtInstrumentsAmountContributedToFairValueOfPlanAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt instruments, amount contributed to fair value of plan assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DebtInstrumentsAmountContributedToFairValueOfPlanAssets" xlink:to="ifrs-full_DebtInstrumentsAmountContributedToFairValueOfPlanAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherAssetsAmountContributedToFairValueOfPlanAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherAssetsAmountContributedToFairValueOfPlanAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherAssetsAmountContributedToFairValueOfPlanAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other assets, amount contributed to fair value of plan assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAssetsAmountContributedToFairValueOfPlanAssets" xlink:to="ifrs-full_OtherAssetsAmountContributedToFairValueOfPlanAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EquityInstrumentsAmountContributedToFairValueOfPlanAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityInstrumentsAmountContributedToFairValueOfPlanAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_EquityInstrumentsAmountContributedToFairValueOfPlanAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity instruments, amount contributed to fair value of plan assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityInstrumentsAmountContributedToFairValueOfPlanAssets" xlink:to="ifrs-full_EquityInstrumentsAmountContributedToFairValueOfPlanAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AssetsQuotedInActiveMarketMember" xlink:href="phg-20221231.xsd#phg_AssetsQuotedInActiveMarketMember" />
    <label xlink:type="resource" xlink:label="phg_AssetsQuotedInActiveMarketMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets quoted in active market [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AssetsQuotedInActiveMarketMember" xlink:to="phg_AssetsQuotedInActiveMarketMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AssetsNotQuotedInActiveMarketMember" xlink:href="phg-20221231.xsd#phg_AssetsNotQuotedInActiveMarketMember" />
    <label xlink:type="resource" xlink:label="phg_AssetsNotQuotedInActiveMarketMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assets not quoted in active market [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AssetsNotQuotedInActiveMarketMember" xlink:to="phg_AssetsNotQuotedInActiveMarketMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRates_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumption of discount rates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:to="ifrs-full_ActuarialAssumptionOfDiscountRates_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumption of expected rates of inflation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumption of expected rates of salary increases</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:to="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:to="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRatesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumption of discount rates [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:to="ifrs-full_ActuarialAssumptionOfDiscountRatesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflationMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflationMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflationMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumption of expected rates of inflation [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflationMember" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflationMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumption of expected rates of salary increases [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumption of life expectancy after retirement [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember" xlink:to="ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumptions [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionsAxis" xlink:to="ifrs-full_ActuarialAssumptionsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ActuarialAssumptionsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ActuarialAssumptionsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ActuarialAssumptionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Actuarial assumptions [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionsMember" xlink:to="ifrs-full_ActuarialAssumptionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Accruals" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Accruals" />
    <label xlink:type="resource" xlink:label="ifrs-full_Accruals_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accruals</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Accruals" xlink:to="ifrs-full_Accruals_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SalariesAndWagesMember" xlink:href="phg-20221231.xsd#phg_SalariesAndWagesMember" />
    <label xlink:type="resource" xlink:label="phg_SalariesAndWagesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Salaries and wages [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SalariesAndWagesMember" xlink:to="phg_SalariesAndWagesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_HolidayEntitlementsMember" xlink:href="phg-20221231.xsd#phg_HolidayEntitlementsMember" />
    <label xlink:type="resource" xlink:label="phg_HolidayEntitlementsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Holiday entitlements [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_HolidayEntitlementsMember" xlink:to="phg_HolidayEntitlementsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherPersonnelRelatedCostsMember" xlink:href="phg-20221231.xsd#phg_OtherPersonnelRelatedCostsMember" />
    <label xlink:type="resource" xlink:label="phg_OtherPersonnelRelatedCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other personnel-related costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherPersonnelRelatedCostsMember" xlink:to="phg_OtherPersonnelRelatedCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_GasWaterElectricityRentAndOtherMember" xlink:href="phg-20221231.xsd#phg_GasWaterElectricityRentAndOtherMember" />
    <label xlink:type="resource" xlink:label="phg_GasWaterElectricityRentAndOtherMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gas, water, electricity, rent and other [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_GasWaterElectricityRentAndOtherMember" xlink:to="phg_GasWaterElectricityRentAndOtherMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CommunicationAndItCostsMember" xlink:href="phg-20221231.xsd#phg_CommunicationAndItCostsMember" />
    <label xlink:type="resource" xlink:label="phg_CommunicationAndItCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Communication and IT costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CommunicationAndItCostsMember" xlink:to="phg_CommunicationAndItCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DistributionCostsMember" xlink:href="phg-20221231.xsd#phg_DistributionCostsMember" />
    <label xlink:type="resource" xlink:label="phg_DistributionCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Distribution costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DistributionCostsMember" xlink:to="phg_DistributionCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CommissionPayableMember" xlink:href="phg-20221231.xsd#phg_CommissionPayableMember" />
    <label xlink:type="resource" xlink:label="phg_CommissionPayableMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Commission payable [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CommissionPayableMember" xlink:to="phg_CommissionPayableMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AdvertisingAndMarketingRelatedCostsMember" xlink:href="phg-20221231.xsd#phg_AdvertisingAndMarketingRelatedCostsMember" />
    <label xlink:type="resource" xlink:label="phg_AdvertisingAndMarketingRelatedCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Advertising and marketing-related costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AdvertisingAndMarketingRelatedCostsMember" xlink:to="phg_AdvertisingAndMarketingRelatedCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherSalesRelatedCostsMember" xlink:href="phg-20221231.xsd#phg_OtherSalesRelatedCostsMember" />
    <label xlink:type="resource" xlink:label="phg_OtherSalesRelatedCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other sales-related costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherSalesRelatedCostsMember" xlink:to="phg_OtherSalesRelatedCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_MaterialRelatedCostsMember" xlink:href="phg-20221231.xsd#phg_MaterialRelatedCostsMember" />
    <label xlink:type="resource" xlink:label="phg_MaterialRelatedCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Material-related costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MaterialRelatedCostsMember" xlink:to="phg_MaterialRelatedCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InterestRelatedAccrualsMember" xlink:href="phg-20221231.xsd#phg_InterestRelatedAccrualsMember" />
    <label xlink:type="resource" xlink:label="phg_InterestRelatedAccrualsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest-related accruals [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InterestRelatedAccrualsMember" xlink:to="phg_InterestRelatedAccrualsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherAccruedLiabilitiesMember" xlink:href="phg-20221231.xsd#phg_OtherAccruedLiabilitiesMember" />
    <label xlink:type="resource" xlink:label="phg_OtherAccruedLiabilitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other accrued liabilities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherAccruedLiabilitiesMember" xlink:to="phg_OtherAccruedLiabilitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LiabilitiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesMember" xlink:to="ifrs-full_LiabilitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfLiabilitiesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of liabilities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfLiabilitiesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AccruedLiabilitiesTable" xlink:href="phg-20221231.xsd#phg_AccruedLiabilitiesTable" />
    <label xlink:type="resource" xlink:label="phg_AccruedLiabilitiesTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accrued liabilities [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AccruedLiabilitiesTable" xlink:to="phg_AccruedLiabilitiesTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AccruedLiabilitiesLineItems" xlink:href="phg-20221231.xsd#phg_AccruedLiabilitiesLineItems" />
    <label xlink:type="resource" xlink:label="phg_AccruedLiabilitiesLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accrued liabilities [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AccruedLiabilitiesLineItems" xlink:to="phg_AccruedLiabilitiesLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseDecreaseInCurrentContractLiabilitiesThroughOperationalActivities" xlink:href="phg-20221231.xsd#phg_IncreaseDecreaseInCurrentContractLiabilitiesThroughOperationalActivities" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseInCurrentContractLiabilitiesThroughOperationalActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in current contract liabilities through operational activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseInCurrentContractLiabilitiesThroughOperationalActivities" xlink:to="phg_IncreaseDecreaseInCurrentContractLiabilitiesThroughOperationalActivities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Revenue that was included in contract liability balance at beginning of period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" xlink:to="ifrs-full_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AccruedCustomerRebatesThatCannotBeOffsetWithAccountsReceivablesForThoseCustomers" xlink:href="phg-20221231.xsd#phg_AccruedCustomerRebatesThatCannotBeOffsetWithAccountsReceivablesForThoseCustomers" />
    <label xlink:type="resource" xlink:label="phg_AccruedCustomerRebatesThatCannotBeOffsetWithAccountsReceivablesForThoseCustomers_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accrued customer rebates that cannot be offset with accounts receivables for those customers</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AccruedCustomerRebatesThatCannotBeOffsetWithAccountsReceivablesForThoseCustomers" xlink:to="phg_AccruedCustomerRebatesThatCannotBeOffsetWithAccountsReceivablesForThoseCustomers_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherTaxesIncludingSocialSecurityPremiums" xlink:href="phg-20221231.xsd#phg_OtherTaxesIncludingSocialSecurityPremiums" />
    <label xlink:type="resource" xlink:label="phg_OtherTaxesIncludingSocialSecurityPremiums_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other taxes including social security premiums</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherTaxesIncludingSocialSecurityPremiums" xlink:to="phg_OtherTaxesIncludingSocialSecurityPremiums_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherCurrentLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherCurrentLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherCurrentLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentLiabilities" xlink:to="ifrs-full_OtherCurrentLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Payments of lease liabilities, classified as financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchase of financial instruments, classified as investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetCashOutflowFromNonCurrentFinancialAssets" xlink:href="phg-20221231.xsd#phg_NetCashOutflowFromNonCurrentFinancialAssets" />
    <label xlink:type="resource" xlink:label="phg_NetCashOutflowFromNonCurrentFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net cash outflow from non-current financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetCashOutflowFromNonCurrentFinancialAssets" xlink:to="phg_NetCashOutflowFromNonCurrentFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CashFlowStatementSupplementaryInformationTable" xlink:href="phg-20221231.xsd#phg_CashFlowStatementSupplementaryInformationTable" />
    <label xlink:type="resource" xlink:label="phg_CashFlowStatementSupplementaryInformationTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flow statement supplementary information [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CashFlowStatementSupplementaryInformationTable" xlink:to="phg_CashFlowStatementSupplementaryInformationTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CashFlowStatementSupplementaryInformationLineItems" xlink:href="phg-20221231.xsd#phg_CashFlowStatementSupplementaryInformationLineItems" />
    <label xlink:type="resource" xlink:label="phg_CashFlowStatementSupplementaryInformationLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flow statement supplementary information [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CashFlowStatementSupplementaryInformationLineItems" xlink:to="phg_CashFlowStatementSupplementaryInformationLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities arising from financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through financing cash flows, liabilities arising from financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through effect of changes in foreign exchange rates, liabilities arising from financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" />
    <label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through other changes, liabilities arising from financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_lbl" />
    <loc xlink:type="locator" xlink:label="phg_LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember" xlink:href="phg-20221231.xsd#phg_LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember" />
    <label xlink:type="resource" xlink:label="phg_LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Long-term borrowings including current portion of long-term borrowings [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember" xlink:to="phg_LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_EurBondMember" xlink:href="phg-20221231.xsd#phg_EurBondMember" />
    <label xlink:type="resource" xlink:label="phg_EurBondMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">EUR Bond [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EurBondMember" xlink:to="phg_EurBondMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UsdBondMember" xlink:href="phg-20221231.xsd#phg_UsdBondMember" />
    <label xlink:type="resource" xlink:label="phg_UsdBondMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">USD Bond [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UsdBondMember" xlink:to="phg_UsdBondMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ForwardContractsLongTermMember" xlink:href="phg-20221231.xsd#phg_ForwardContractsLongTermMember" />
    <label xlink:type="resource" xlink:label="phg_ForwardContractsLongTermMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Forward contracts long term [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ForwardContractsLongTermMember" xlink:to="phg_ForwardContractsLongTermMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ShorttermBorrowingsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShorttermBorrowingsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ShorttermBorrowingsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Short-term borrowings [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowingsMember" xlink:to="ifrs-full_ShorttermBorrowingsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShortTermBankBorrowingsMember" xlink:href="phg-20221231.xsd#phg_ShortTermBankBorrowingsMember" />
    <label xlink:type="resource" xlink:label="phg_ShortTermBankBorrowingsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Short-term bank borrowings [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShortTermBankBorrowingsMember" xlink:to="phg_ShortTermBankBorrowingsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DividendPayableMember" xlink:href="phg-20221231.xsd#phg_DividendPayableMember" />
    <label xlink:type="resource" xlink:label="phg_DividendPayableMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Dividend payable [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DividendPayableMember" xlink:to="phg_DividendPayableMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ForwardContractsEquityMember" xlink:href="phg-20221231.xsd#phg_ForwardContractsEquityMember" />
    <label xlink:type="resource" xlink:label="phg_ForwardContractsEquityMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Forward contracts equity [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ForwardContractsEquityMember" xlink:to="phg_ForwardContractsEquityMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherShortTermLoansMember" xlink:href="phg-20221231.xsd#phg_OtherShortTermLoansMember" />
    <label xlink:type="resource" xlink:label="phg_OtherShortTermLoansMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other short-term loans [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherShortTermLoansMember" xlink:to="phg_OtherShortTermLoansMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ForwardContractsShortTermMember" xlink:href="phg-20221231.xsd#phg_ForwardContractsShortTermMember" />
    <label xlink:type="resource" xlink:label="phg_ForwardContractsShortTermMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Forward contracts short term [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ForwardContractsShortTermMember" xlink:to="phg_ForwardContractsShortTermMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities arising from financing activities [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities arising from financing activities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FairValueOfGuaranteesRecognizedOnBalanceSheet" xlink:href="phg-20221231.xsd#phg_FairValueOfGuaranteesRecognizedOnBalanceSheet" />
    <label xlink:type="resource" xlink:label="phg_FairValueOfGuaranteesRecognizedOnBalanceSheet_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Fair value of guarantees recognized on the balance sheet</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FairValueOfGuaranteesRecognizedOnBalanceSheet" xlink:to="phg_FairValueOfGuaranteesRecognizedOnBalanceSheet_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseDecreaseOfOffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates" xlink:href="phg-20221231.xsd#phg_IncreaseDecreaseOfOffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates" />
    <label xlink:type="resource" xlink:label="phg_IncreaseDecreaseOfOffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) of off-balance-sheet business and credit-related guarantees provided on behalf of third parties and associates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseDecreaseOfOffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates" xlink:to="phg_IncreaseDecreaseOfOffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates" xlink:href="phg-20221231.xsd#phg_OffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates" />
    <label xlink:type="resource" xlink:label="phg_OffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Off-balance-sheet business and credit-related guarantees provided on behalf of third parties and associates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates" xlink:to="phg_OffBalanceSheetBusinessAndCreditRelatedGuaranteesProvidedOnBehalfOfThirdPartiesAndAssociates_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Estimated financial effect of contingent liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:to="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfPersonalInjuryComplaints" xlink:href="phg-20221231.xsd#phg_NumberOfPersonalInjuryComplaints" />
    <label xlink:type="resource" xlink:label="phg_NumberOfPersonalInjuryComplaints_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of personal injury complaints</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfPersonalInjuryComplaints" xlink:to="phg_NumberOfPersonalInjuryComplaints_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfIndividualsEnteredPrivateTollingAgreement" xlink:href="phg-20221231.xsd#phg_NumberOfIndividualsEnteredPrivateTollingAgreement" />
    <label xlink:type="resource" xlink:label="phg_NumberOfIndividualsEnteredPrivateTollingAgreement_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of individuals entered private tolling agreement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfIndividualsEnteredPrivateTollingAgreement" xlink:to="phg_NumberOfIndividualsEnteredPrivateTollingAgreement_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfIndividualsJoinedCensusRegistry" xlink:href="phg-20221231.xsd#phg_NumberOfIndividualsJoinedCensusRegistry" />
    <label xlink:type="resource" xlink:label="phg_NumberOfIndividualsJoinedCensusRegistry_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of individuals joined census registry</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NumberOfIndividualsJoinedCensusRegistry" xlink:to="phg_NumberOfIndividualsJoinedCensusRegistry_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" />
    <label xlink:type="resource" xlink:label="ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from sale of goods, related party transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:to="ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NonRecourseThirdPartyReceivablesSoldFromPmc" xlink:href="phg-20221231.xsd#phg_NonRecourseThirdPartyReceivablesSoldFromPmc" />
    <label xlink:type="resource" xlink:label="phg_NonRecourseThirdPartyReceivablesSoldFromPmc_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-recourse third-party receivables sold from PMC</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NonRecourseThirdPartyReceivablesSoldFromPmc" xlink:to="phg_NonRecourseThirdPartyReceivablesSoldFromPmc_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Proportion of ownership interest in associate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PmcMember" xlink:href="phg-20221231.xsd#phg_PmcMember" />
    <label xlink:type="resource" xlink:label="phg_PmcMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">PMC [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PmcMember" xlink:to="phg_PmcMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DeLageLandenFinancialServicesIncDllMember" xlink:href="phg-20221231.xsd#phg_DeLageLandenFinancialServicesIncDllMember" />
    <label xlink:type="resource" xlink:label="phg_DeLageLandenFinancialServicesIncDllMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">De Lage Landen Financial Services, Inc. (DLL) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DeLageLandenFinancialServicesIncDllMember" xlink:to="phg_DeLageLandenFinancialServicesIncDllMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CounterpartiesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CounterpartiesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_CounterpartiesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Counterparties [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CounterpartiesAxis" xlink:to="ifrs-full_CounterpartiesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CounterpartiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CounterpartiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_CounterpartiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Counterparties [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CounterpartiesMember" xlink:to="ifrs-full_CounterpartiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RelatedPartyTransactionsTable" xlink:href="phg-20221231.xsd#phg_RelatedPartyTransactionsTable" />
    <label xlink:type="resource" xlink:label="phg_RelatedPartyTransactionsTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Related-party transactions [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RelatedPartyTransactionsTable" xlink:to="phg_RelatedPartyTransactionsTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RelatedPartyTransactionsLineItems" xlink:href="phg-20221231.xsd#phg_RelatedPartyTransactionsLineItems" />
    <label xlink:type="resource" xlink:label="phg_RelatedPartyTransactionsLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Related-party transactions [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RelatedPartyTransactionsLineItems" xlink:to="phg_RelatedPartyTransactionsLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchases of goods, related party transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:to="ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmountsReceivableRelatedPartyTransactions" />
    <label xlink:type="resource" xlink:label="ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Amounts receivable, related party transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:to="ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Amounts receivable, related party transactions, at the end of the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:to="ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl1" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AmountsPayableRelatedPartyTransactions" />
    <label xlink:type="resource" xlink:label="ifrs-full_AmountsPayableRelatedPartyTransactions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Amounts payable, related party transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:to="ifrs-full_AmountsPayableRelatedPartyTransactions_lbl" />
    <label xlink:type="resource" xlink:label="ifrs-full_AmountsPayableRelatedPartyTransactions_lbl1" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Amounts payable, related party transactions, at the end of the period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:to="ifrs-full_AmountsPayableRelatedPartyTransactions_lbl1" />
    <loc xlink:type="locator" xlink:label="phg_EmployeeStockPurchasePlan" xlink:href="phg-20221231.xsd#phg_EmployeeStockPurchasePlan" />
    <label xlink:type="resource" xlink:label="phg_EmployeeStockPurchasePlan_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Employee stock purchase plan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_EmployeeStockPurchasePlan" xlink:to="phg_EmployeeStockPurchasePlan_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ComparisonGroupForPerformanceShares" xlink:href="phg-20221231.xsd#phg_ComparisonGroupForPerformanceShares" />
    <label xlink:type="resource" xlink:label="phg_ComparisonGroupForPerformanceShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Comparison group for performance shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ComparisonGroupForPerformanceShares" xlink:to="phg_ComparisonGroupForPerformanceShares_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of vesting requirements for share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement" xlink:to="ifrs-full_DescriptionOfVestingRequirementsForSharebasedPaymentArrangement_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Risk free interest rate, share options granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" />
    <label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Expected volatility, share options granted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl" />
    <loc xlink:type="locator" xlink:label="phg_UnrecognizedCompensationCostsRelatedToNonVestedShares" xlink:href="phg-20221231.xsd#phg_UnrecognizedCompensationCostsRelatedToNonVestedShares" />
    <label xlink:type="resource" xlink:label="phg_UnrecognizedCompensationCostsRelatedToNonVestedShares_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized compensation costs related to non-vested shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_UnrecognizedCompensationCostsRelatedToNonVestedShares" xlink:to="phg_UnrecognizedCompensationCostsRelatedToNonVestedShares_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CostRecognitionPeriodWeightedAverage" xlink:href="phg-20221231.xsd#phg_CostRecognitionPeriodWeightedAverage" />
    <label xlink:type="resource" xlink:label="phg_CostRecognitionPeriodWeightedAverage_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cost recognition period (weighted average)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CostRecognitionPeriodWeightedAverage" xlink:to="phg_CostRecognitionPeriodWeightedAverage_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CliffVestingPeriod" xlink:href="phg-20221231.xsd#phg_CliffVestingPeriod" />
    <label xlink:type="resource" xlink:label="phg_CliffVestingPeriod_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cliff-vesting period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CliffVestingPeriod" xlink:to="phg_CliffVestingPeriod_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExercisePriceOfOutstandingShareOptions2019" />
    <label xlink:type="resource" xlink:label="ifrs-full_ExercisePriceOfOutstandingShareOptions2019_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Exercise price of outstanding share options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:to="ifrs-full_ExercisePriceOfOutstandingShareOptions2019_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" />
    <label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average remaining contractual life of outstanding share options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:to="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_IntrinsicValueOfLiabilitiesFromSharebasedPaymentTransactionsForWhichCounterpartysRightToCashOrOtherAssetsVested2011" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IntrinsicValueOfLiabilitiesFromSharebasedPaymentTransactionsForWhichCounterpartysRightToCashOrOtherAssetsVested2011" />
    <label xlink:type="resource" xlink:label="ifrs-full_IntrinsicValueOfLiabilitiesFromSharebasedPaymentTransactionsForWhichCounterpartysRightToCashOrOtherAssetsVested2011_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Intrinsic value of liabilities from share-based payment transactions for which counterparty's right to cash or other assets vested</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntrinsicValueOfLiabilitiesFromSharebasedPaymentTransactionsForWhichCounterpartysRightToCashOrOtherAssetsVested2011" xlink:to="ifrs-full_IntrinsicValueOfLiabilitiesFromSharebasedPaymentTransactionsForWhichCounterpartysRightToCashOrOtherAssetsVested2011_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AggregateIntrinsicValueOfLiabilitiesFromSharePasedPayments" xlink:href="phg-20221231.xsd#phg_AggregateIntrinsicValueOfLiabilitiesFromSharePasedPayments" />
    <label xlink:type="resource" xlink:label="phg_AggregateIntrinsicValueOfLiabilitiesFromSharePasedPayments_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Aggregate intrinsic value of liabilities from share-pased payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AggregateIntrinsicValueOfLiabilitiesFromSharePasedPayments" xlink:to="phg_AggregateIntrinsicValueOfLiabilitiesFromSharePasedPayments_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ProceedsFromExerciseOfOptions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromExerciseOfOptions" />
    <label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromExerciseOfOptions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from exercise of options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromExerciseOfOptions" xlink:to="ifrs-full_ProceedsFromExerciseOfOptions_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TaxDeductionsRealizedAsResultOfOptionExercises" xlink:href="phg-20221231.xsd#phg_TaxDeductionsRealizedAsResultOfOptionExercises" />
    <label xlink:type="resource" xlink:label="phg_TaxDeductionsRealizedAsResultOfOptionExercises_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Tax deductions realized as a result of option exercises</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TaxDeductionsRealizedAsResultOfOptionExercises" xlink:to="phg_TaxDeductionsRealizedAsResultOfOptionExercises_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RestrictedSharesMember" xlink:href="phg-20221231.xsd#phg_RestrictedSharesMember" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_WeightedAverageExercisePriceNotionalDividends" xlink:to="phg_WeightedAverageExercisePriceNotionalDividends_lbl" />
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    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019" />
    <label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of other equity instruments exercised or vested in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" />
    <label xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of other equity instruments forfeited in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement2019" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement2019" />
    <label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of other equity instruments forfeited in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement2019_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NumberOfOtherEquityInstrumentsAdjustedQuantity" xlink:href="phg-20221231.xsd#phg_NumberOfOtherEquityInstrumentsAdjustedQuantity" />
    <label xlink:type="resource" xlink:label="phg_NumberOfOtherEquityInstrumentsAdjustedQuantity_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of other equity instruments adjusted quantity</label>
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    <loc xlink:type="locator" xlink:label="phg_WeightedAverageExercisePriceOfOtherEquityInstrumentsAdjustedQuantity" xlink:href="phg-20221231.xsd#phg_WeightedAverageExercisePriceOfOtherEquityInstrumentsAdjustedQuantity" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_WeightedAverageExercisePriceOfOtherEquityInstrumentsAdjustedQuantity" xlink:to="phg_WeightedAverageExercisePriceOfOtherEquityInstrumentsAdjustedQuantity_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfOutstandingShareOptions" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfOutstandingShareOptions" />
    <label xlink:type="resource" xlink:label="ifrs-full_NumberOfOutstandingShareOptions_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of share options outstanding in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfOutstandingShareOptions" xlink:to="ifrs-full_NumberOfOutstandingShareOptions_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" />
    <label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of share options outstanding in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" />
    <label xlink:type="resource" xlink:label="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of share options exercised in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" />
    <label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of share options exercised in share-based payment arrangement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl" />
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement_lbl" />
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    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelCompensation" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensation" />
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    <label xlink:type="resource" xlink:label="phg_NumberOfMembers_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Number of members</label>
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    <loc xlink:type="locator" xlink:label="phg_PercentageOfSharesHeldByBoardOfManagement" xlink:href="phg-20221231.xsd#phg_PercentageOfSharesHeldByBoardOfManagement" />
    <label xlink:type="resource" xlink:label="phg_PercentageOfSharesHeldByBoardOfManagement_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of shares held by board of management</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PercentageOfSharesHeldByBoardOfManagement" xlink:to="phg_PercentageOfSharesHeldByBoardOfManagement_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ExecutiveCommitteeMember" xlink:href="phg-20221231.xsd#phg_ExecutiveCommitteeMember" />
    <label xlink:type="resource" xlink:label="phg_ExecutiveCommitteeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Executive committee [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ExecutiveCommitteeMember" xlink:to="phg_ExecutiveCommitteeMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BoardOfManagementMember" xlink:href="phg-20221231.xsd#phg_BoardOfManagementMember" />
    <label xlink:type="resource" xlink:label="phg_BoardOfManagementMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Board of management [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BoardOfManagementMember" xlink:to="phg_BoardOfManagementMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SupervisoryBoardMember" xlink:href="phg-20221231.xsd#phg_SupervisoryBoardMember" />
    <label xlink:type="resource" xlink:label="phg_SupervisoryBoardMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Supervisory board [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SupervisoryBoardMember" xlink:to="phg_SupervisoryBoardMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ManagementGroupAxis" xlink:href="phg-20221231.xsd#phg_ManagementGroupAxis" />
    <label xlink:type="resource" xlink:label="phg_ManagementGroupAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Management group [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ManagementGroupAxis" xlink:to="phg_ManagementGroupAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ManagementGroupMember" xlink:href="phg-20221231.xsd#phg_ManagementGroupMember" />
    <label xlink:type="resource" xlink:label="phg_ManagementGroupMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Management group [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ManagementGroupMember" xlink:to="phg_ManagementGroupMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InformationOnRemunerationTable" xlink:href="phg-20221231.xsd#phg_InformationOnRemunerationTable" />
    <label xlink:type="resource" xlink:label="phg_InformationOnRemunerationTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information on remuneration [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InformationOnRemunerationTable" xlink:to="phg_InformationOnRemunerationTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InformationOnRemunerationLineItems" xlink:href="phg-20221231.xsd#phg_InformationOnRemunerationLineItems" />
    <label xlink:type="resource" xlink:label="phg_InformationOnRemunerationLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Information on remuneration [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InformationOnRemunerationLineItems" xlink:to="phg_InformationOnRemunerationLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_BaseSalaryMember" xlink:href="phg-20221231.xsd#phg_BaseSalaryMember" />
    <label xlink:type="resource" xlink:label="phg_BaseSalaryMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Base salary [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_BaseSalaryMember" xlink:to="phg_BaseSalaryMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AnnualIncentiveMember" xlink:href="phg-20221231.xsd#phg_AnnualIncentiveMember" />
    <label xlink:type="resource" xlink:label="phg_AnnualIncentiveMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Annual incentive [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AnnualIncentiveMember" xlink:to="phg_AnnualIncentiveMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PensionAllowancesMember" xlink:href="phg-20221231.xsd#phg_PensionAllowancesMember" />
    <label xlink:type="resource" xlink:label="phg_PensionAllowancesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Pension allowances [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PensionAllowancesMember" xlink:to="phg_PensionAllowancesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PensionSchemeCostsMember" xlink:href="phg-20221231.xsd#phg_PensionSchemeCostsMember" />
    <label xlink:type="resource" xlink:label="phg_PensionSchemeCostsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Pension scheme costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PensionSchemeCostsMember" xlink:to="phg_PensionSchemeCostsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherCompensationMember" xlink:href="phg-20221231.xsd#phg_OtherCompensationMember" />
    <label xlink:type="resource" xlink:label="phg_OtherCompensationMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other compensation [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherCompensationMember" xlink:to="phg_OtherCompensationMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RemunerationTypeAxis" xlink:href="phg-20221231.xsd#phg_RemunerationTypeAxis" />
    <label xlink:type="resource" xlink:label="phg_RemunerationTypeAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Remuneration type [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RemunerationTypeAxis" xlink:to="phg_RemunerationTypeAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RemunerationTypeMember" xlink:href="phg-20221231.xsd#phg_RemunerationTypeMember" />
    <label xlink:type="resource" xlink:label="phg_RemunerationTypeMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Remuneration type [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RemunerationTypeMember" xlink:to="phg_RemunerationTypeMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
    <label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Key management personnel compensation, short-term employee benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" />
    <label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Key management personnel compensation, share-based payment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:to="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" />
    <label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Key management personnel compensation, post-employment benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_lbl" />
    <loc xlink:type="locator" xlink:label="phg_KeyManagementPersonnelCompensationOther" xlink:href="phg-20221231.xsd#phg_KeyManagementPersonnelCompensationOther" />
    <label xlink:type="resource" xlink:label="phg_KeyManagementPersonnelCompensationOther_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Key management personnel compensation other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_KeyManagementPersonnelCompensationOther" xlink:to="phg_KeyManagementPersonnelCompensationOther_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RJakobsMember" xlink:href="phg-20221231.xsd#phg_RJakobsMember" />
    <label xlink:type="resource" xlink:label="phg_RJakobsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">R. Jakobs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RJakobsMember" xlink:to="phg_RJakobsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FAVanHoutenMember" xlink:href="phg-20221231.xsd#phg_FAVanHoutenMember" />
    <label xlink:type="resource" xlink:label="phg_FAVanHoutenMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">F.A. van Houten [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FAVanHoutenMember" xlink:to="phg_FAVanHoutenMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ABhattacharyaMember" xlink:href="phg-20221231.xsd#phg_ABhattacharyaMember" />
    <label xlink:type="resource" xlink:label="phg_ABhattacharyaMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">A. Bhattacharya [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ABhattacharyaMember" xlink:to="phg_ABhattacharyaMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_MJVanGinnekenMember" xlink:href="phg-20221231.xsd#phg_MJVanGinnekenMember" />
    <label xlink:type="resource" xlink:label="phg_MJVanGinnekenMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">M.J. van Ginneken [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MJVanGinnekenMember" xlink:to="phg_MJVanGinnekenMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_KeyPersonnelGroupAxis" xlink:href="phg-20221231.xsd#phg_KeyPersonnelGroupAxis" />
    <label xlink:type="resource" xlink:label="phg_KeyPersonnelGroupAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Key personnel group [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_KeyPersonnelGroupAxis" xlink:to="phg_KeyPersonnelGroupAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_KeyManagementPersonnelOfEntityOrParentMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_KeyManagementPersonnelOfEntityOrParentMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelOfEntityOrParentMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Key management personnel of entity or parent [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelOfEntityOrParentMember" xlink:to="ifrs-full_KeyManagementPersonnelOfEntityOrParentMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AccumulatedAnnualPension" xlink:href="phg-20221231.xsd#phg_AccumulatedAnnualPension" />
    <label xlink:type="resource" xlink:label="phg_AccumulatedAnnualPension_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated annual pension</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AccumulatedAnnualPension" xlink:to="phg_AccumulatedAnnualPension_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PensionRelatedCosts" xlink:href="phg-20221231.xsd#phg_PensionRelatedCosts" />
    <label xlink:type="resource" xlink:label="phg_PensionRelatedCosts_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Pension-related costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PensionRelatedCosts" xlink:to="phg_PensionRelatedCosts_lbl" />
    <loc xlink:type="locator" xlink:label="phg_MembershipMember" xlink:href="phg-20221231.xsd#phg_MembershipMember" />
    <label xlink:type="resource" xlink:label="phg_MembershipMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Membership [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MembershipMember" xlink:to="phg_MembershipMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FSijbesmaMember" xlink:href="phg-20221231.xsd#phg_FSijbesmaMember" />
    <label xlink:type="resource" xlink:label="phg_FSijbesmaMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">F. Sijbesma [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FSijbesmaMember" xlink:to="phg_FSijbesmaMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CommitteesMember" xlink:href="phg-20221231.xsd#phg_CommitteesMember" />
    <label xlink:type="resource" xlink:label="phg_CommitteesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Committees [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CommitteesMember" xlink:to="phg_CommitteesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PAMStoffelsMember" xlink:href="phg-20221231.xsd#phg_PAMStoffelsMember" />
    <label xlink:type="resource" xlink:label="phg_PAMStoffelsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">P.A.M. Stoffels [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PAMStoffelsMember" xlink:to="phg_PAMStoffelsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NDhawanMember" xlink:href="phg-20221231.xsd#phg_NDhawanMember" />
    <label xlink:type="resource" xlink:label="phg_NDhawanMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">N. Dhawan [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NDhawanMember" xlink:to="phg_NDhawanMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DEIPyottMember" xlink:href="phg-20221231.xsd#phg_DEIPyottMember" />
    <label xlink:type="resource" xlink:label="phg_DEIPyottMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">D.E.I. Pyott [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DEIPyottMember" xlink:to="phg_DEIPyottMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AMHarrisonMember" xlink:href="phg-20221231.xsd#phg_AMHarrisonMember" />
    <label xlink:type="resource" xlink:label="phg_AMHarrisonMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">A.M. Harrison [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AMHarrisonMember" xlink:to="phg_AMHarrisonMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_MEDohertyMember" xlink:href="phg-20221231.xsd#phg_MEDohertyMember" />
    <label xlink:type="resource" xlink:label="phg_MEDohertyMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">M.E. Doherty [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MEDohertyMember" xlink:to="phg_MEDohertyMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PLoscherMember" xlink:href="phg-20221231.xsd#phg_PLoscherMember" />
    <label xlink:type="resource" xlink:label="phg_PLoscherMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">P. L&#xF6;scher [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PLoscherMember" xlink:to="phg_PLoscherMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_INooyiMember" xlink:href="phg-20221231.xsd#phg_INooyiMember" />
    <label xlink:type="resource" xlink:label="phg_INooyiMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">I. Nooyi [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_INooyiMember" xlink:to="phg_INooyiMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SKChuaMember" xlink:href="phg-20221231.xsd#phg_SKChuaMember" />
    <label xlink:type="resource" xlink:label="phg_SKChuaMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">S.K. Chua [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SKChuaMember" xlink:to="phg_SKChuaMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_HVerhagenMember" xlink:href="phg-20221231.xsd#phg_HVerhagenMember" />
    <label xlink:type="resource" xlink:label="phg_HVerhagenMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">H. Verhagen [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_HVerhagenMember" xlink:to="phg_HVerhagenMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SPoonenMember" xlink:href="phg-20221231.xsd#phg_SPoonenMember" />
    <label xlink:type="resource" xlink:label="phg_SPoonenMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">S. Poonen [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SPoonenMember" xlink:to="phg_SPoonenMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_JVanDerVeerMember" xlink:href="phg-20221231.xsd#phg_JVanDerVeerMember" />
    <label xlink:type="resource" xlink:label="phg_JVanDerVeerMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">J. van der Veer [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_JVanDerVeerMember" xlink:to="phg_JVanDerVeerMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CAPoonMember" xlink:href="phg-20221231.xsd#phg_CAPoonMember" />
    <label xlink:type="resource" xlink:label="phg_CAPoonMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">C.A. Poon [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CAPoonMember" xlink:to="phg_CAPoonMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OGadieshMember" xlink:href="phg-20221231.xsd#phg_OGadieshMember" />
    <label xlink:type="resource" xlink:label="phg_OGadieshMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">O. Gadiesh [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OGadieshMember" xlink:to="phg_OGadieshMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_HNFMVonProndzynskiMember" xlink:href="phg-20221231.xsd#phg_HNFMVonProndzynskiMember" />
    <label xlink:type="resource" xlink:label="phg_HNFMVonProndzynskiMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">H.N.F.M. von Prondzynski [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_HNFMVonProndzynskiMember" xlink:to="phg_HNFMVonProndzynskiMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_JPTaiMember" xlink:href="phg-20221231.xsd#phg_JPTaiMember" />
    <label xlink:type="resource" xlink:label="phg_JPTaiMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">J.P. Tai [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_JPTaiMember" xlink:to="phg_JPTaiMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_SharesHeld" xlink:href="phg-20221231.xsd#phg_SharesHeld" />
    <label xlink:type="resource" xlink:label="phg_SharesHeld_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Shares held</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_SharesHeld" xlink:to="phg_SharesHeld_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets at fair value through profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets measured at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets at fair value through other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DerivativeFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DerivativeFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Derivative financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialAssets" xlink:to="ifrs-full_DerivativeFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtFairValue" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtFairValue" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets, at fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CurrentLoansAndReceivables" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLoansAndReceivables" />
    <label xlink:type="resource" xlink:label="ifrs-full_CurrentLoansAndReceivables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Current loans and receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLoansAndReceivables" xlink:to="ifrs-full_CurrentLoansAndReceivables_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NoncurrentLoansAndReceivables" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLoansAndReceivables" />
    <label xlink:type="resource" xlink:label="ifrs-full_NoncurrentLoansAndReceivables_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Non-current loans and receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLoansAndReceivables" xlink:to="ifrs-full_NoncurrentLoansAndReceivables_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets at amortised cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssets" xlink:to="ifrs-full_FinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ContingentConsideration" xlink:href="phg-20221231.xsd#phg_ContingentConsideration" />
    <label xlink:type="resource" xlink:label="phg_ContingentConsideration_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Contingent Consideration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ContingentConsideration" xlink:to="phg_ContingentConsideration_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FinancialLiabilitiesCarriedAtFvThroughPL" xlink:href="phg-20221231.xsd#phg_FinancialLiabilitiesCarriedAtFvThroughPL" />
    <label xlink:type="resource" xlink:label="phg_FinancialLiabilitiesCarriedAtFvThroughPL_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial Liabilities Carried At FV through P&amp;L</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FinancialLiabilitiesCarriedAtFvThroughPL" xlink:to="phg_FinancialLiabilitiesCarriedAtFvThroughPL_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DerivativeFinancialLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DerivativeFinancialLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Derivative financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities, at fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DebtCorporateBondAndFinanceLease" xlink:href="phg-20221231.xsd#phg_DebtCorporateBondAndFinanceLease" />
    <label xlink:type="resource" xlink:label="phg_DebtCorporateBondAndFinanceLease_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt (Corporate bond and finance lease)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DebtCorporateBondAndFinanceLease" xlink:to="phg_DebtCorporateBondAndFinanceLease_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DebtBankLoansOverdraftsEtc" xlink:href="phg-20221231.xsd#phg_DebtBankLoansOverdraftsEtc" />
    <label xlink:type="resource" xlink:label="phg_DebtBankLoansOverdraftsEtc_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt (Bank loans, overdrafts etc.)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DebtBankLoansOverdraftsEtc" xlink:to="phg_DebtBankLoansOverdraftsEtc_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities at amortised cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DebtSecuritiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DebtSecuritiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_DebtSecuritiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Debt securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DebtSecuritiesMember" xlink:to="ifrs-full_DebtSecuritiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AllLevelsOfFairValueHierarchyMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">All levels of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:to="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Level3OfFairValueHierarchyMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Level 3 of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherEquitySecuritiesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherEquitySecuritiesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherEquitySecuritiesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other equity securities [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherEquitySecuritiesMember" xlink:to="ifrs-full_OtherEquitySecuritiesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Level1OfFairValueHierarchyMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Level 1 of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OtherFinancialAssetsMember" xlink:href="phg-20221231.xsd#phg_OtherFinancialAssetsMember" />
    <label xlink:type="resource" xlink:label="phg_OtherFinancialAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other Financial Assets [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OtherFinancialAssetsMember" xlink:to="phg_OtherFinancialAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Level2OfFairValueHierarchyMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Level 2 of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FairValueModelMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FairValueModelMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FairValueModelMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Fair value model [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FairValueModelMember" xlink:to="ifrs-full_FairValueModelMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TradeReceivablesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeReceivablesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_TradeReceivablesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Trade receivables [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivablesMember" xlink:to="ifrs-full_TradeReceivablesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Levels of fair value hierarchy [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of financial assets [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialAssetsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets, class [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsMember" xlink:to="ifrs-full_FinancialAssetsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesTable" xlink:href="phg-20221231.xsd#phg_FairValueOfFinancialAssetsAndLiabilitiesTable" />
    <label xlink:type="resource" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Fair value of financial assets and liabilities [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FairValueOfFinancialAssetsAndLiabilitiesTable" xlink:to="phg_FairValueOfFinancialAssetsAndLiabilitiesTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesLineItems" xlink:href="phg-20221231.xsd#phg_FairValueOfFinancialAssetsAndLiabilitiesLineItems" />
    <label xlink:type="resource" xlink:label="phg_FairValueOfFinancialAssetsAndLiabilitiesLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Fair value of financial assets and liabilities [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FairValueOfFinancialAssetsAndLiabilitiesLineItems" xlink:to="phg_FairValueOfFinancialAssetsAndLiabilitiesLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AssumedInBusinessCombination" xlink:href="phg-20221231.xsd#phg_AssumedInBusinessCombination" />
    <label xlink:type="resource" xlink:label="phg_AssumedInBusinessCombination_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Assumed in a Business Combination</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AssumedInBusinessCombination" xlink:to="phg_AssumedInBusinessCombination_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_PurchasesFairValueMeasurementAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchasesFairValueMeasurementAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_PurchasesFairValueMeasurementAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchases, fair value measurement, assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesFairValueMeasurementAssets" xlink:to="ifrs-full_PurchasesFairValueMeasurementAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_SalesFairValueMeasurementAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SalesFairValueMeasurementAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_SalesFairValueMeasurementAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Sales, fair value measurement, assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesFairValueMeasurementAssets" xlink:to="ifrs-full_SalesFairValueMeasurementAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Utilizations" xlink:href="phg-20221231.xsd#phg_Utilizations" />
    <label xlink:type="resource" xlink:label="phg_Utilizations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Utilizations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Utilizations" xlink:to="phg_Utilizations_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) recognised in profit or loss including exchange differences, fair value measurement, liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:to="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FinancialIncomeAndExpenses" xlink:href="phg-20221231.xsd#phg_FinancialIncomeAndExpenses" />
    <label xlink:type="resource" xlink:label="phg_FinancialIncomeAndExpenses_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial income and expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FinancialIncomeAndExpenses" xlink:to="phg_FinancialIncomeAndExpenses_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities" xlink:to="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReceivablesHeldToCollectAndSell" xlink:href="phg-20221231.xsd#phg_ReceivablesHeldToCollectAndSell" />
    <label xlink:type="resource" xlink:label="phg_ReceivablesHeldToCollectAndSell_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Receivables Held To Collect And Sell</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReceivablesHeldToCollectAndSell" xlink:to="phg_ReceivablesHeldToCollectAndSell_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities recognised as of acquisition date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) recognised in other comprehensive income including exchange differences, fair value measurement, assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets" xlink:to="ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <label xlink:type="resource" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial instruments subject to enforceable master netting arrangement or similar agreement not set off against financial assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:to="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DerivativesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DerivativesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_DerivativesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativesMember" xlink:to="ifrs-full_DerivativesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <label xlink:type="resource" xlink:label="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" />
    <label xlink:type="resource" xlink:label="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial instruments subject to enforceable master netting arrangement or similar agreement not set off against financial liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:to="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <label xlink:type="resource" xlink:label="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" />
    <label xlink:type="resource" xlink:label="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Short-term deposits, classified as cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ContractualCapitalCommitments" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ContractualCapitalCommitments" />
    <label xlink:type="resource" xlink:label="ifrs-full_ContractualCapitalCommitments_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Contractual capital commitments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContractualCapitalCommitments" xlink:to="ifrs-full_ContractualCapitalCommitments_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AccountsPayableKnownToHaveBeenSoldOnwardsUnderSupplierFinanceArrangements" xlink:href="phg-20221231.xsd#phg_AccountsPayableKnownToHaveBeenSoldOnwardsUnderSupplierFinanceArrangements" />
    <label xlink:type="resource" xlink:label="phg_AccountsPayableKnownToHaveBeenSoldOnwardsUnderSupplierFinanceArrangements_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Accounts payable known to have been sold onwards under supplier finance arrangements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AccountsPayableKnownToHaveBeenSoldOnwardsUnderSupplierFinanceArrangements" xlink:to="phg_AccountsPayableKnownToHaveBeenSoldOnwardsUnderSupplierFinanceArrangements_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FutureCashOutflowForLeasedAssets" xlink:href="phg-20221231.xsd#phg_FutureCashOutflowForLeasedAssets" />
    <label xlink:type="resource" xlink:label="phg_FutureCashOutflowForLeasedAssets_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Future cash outflow for leased assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FutureCashOutflowForLeasedAssets" xlink:to="phg_FutureCashOutflowForLeasedAssets_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CommittedFutureLeasesNotYetCommenced" xlink:href="phg-20221231.xsd#phg_CommittedFutureLeasesNotYetCommenced" />
    <label xlink:type="resource" xlink:label="phg_CommittedFutureLeasesNotYetCommenced_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Committed future leases not yet commenced</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CommittedFutureLeasesNotYetCommenced" xlink:to="phg_CommittedFutureLeasesNotYetCommenced_lbl" />
    <loc xlink:type="locator" xlink:label="phg_MinimumPaymentsUnderSaleAndLeasebackArrangements" xlink:href="phg-20221231.xsd#phg_MinimumPaymentsUnderSaleAndLeasebackArrangements" />
    <label xlink:type="resource" xlink:label="phg_MinimumPaymentsUnderSaleAndLeasebackArrangements_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Minimum payments under sale-and-leaseback arrangements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_MinimumPaymentsUnderSaleAndLeasebackArrangements" xlink:to="phg_MinimumPaymentsUnderSaleAndLeasebackArrangements_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease" />
    <label xlink:type="resource" xlink:label="ifrs-full_DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Discounted unguaranteed residual value of assets subject to finance lease</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease" xlink:to="ifrs-full_DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease_lbl" />
    <loc xlink:type="locator" xlink:label="phg_HedgeTenorOfNetAnticipatedExposure" xlink:href="phg-20221231.xsd#phg_HedgeTenorOfNetAnticipatedExposure" />
    <label xlink:type="resource" xlink:label="phg_HedgeTenorOfNetAnticipatedExposure_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Hedge tenor of net anticipated exposure</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_HedgeTenorOfNetAnticipatedExposure" xlink:to="phg_HedgeTenorOfNetAnticipatedExposure_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetAnticipatedExposuresHedgeLayerSize" xlink:href="phg-20221231.xsd#phg_NetAnticipatedExposuresHedgeLayerSize" />
    <label xlink:type="resource" xlink:label="phg_NetAnticipatedExposuresHedgeLayerSize_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net anticipated exposures hedge layer size</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetAnticipatedExposuresHedgeLayerSize" xlink:to="phg_NetAnticipatedExposuresHedgeLayerSize_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetAnticipatedExposuresHedgeMaximum" xlink:href="phg-20221231.xsd#phg_NetAnticipatedExposuresHedgeMaximum" />
    <label xlink:type="resource" xlink:label="phg_NetAnticipatedExposuresHedgeMaximum_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net anticipated exposures hedge maximum</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetAnticipatedExposuresHedgeMaximum" xlink:to="phg_NetAnticipatedExposuresHedgeMaximum_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainLossOnHedgeIneffectiveness" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainLossOnHedgeIneffectiveness" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainLossOnHedgeIneffectiveness_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gain (loss) on hedge ineffectiveness</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossOnHedgeIneffectiveness" xlink:to="ifrs-full_GainLossOnHedgeIneffectiveness_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetFairValueOfTransactionalHedges" xlink:href="phg-20221231.xsd#phg_NetFairValueOfTransactionalHedges" />
    <label xlink:type="resource" xlink:label="phg_NetFairValueOfTransactionalHedges_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net fair value of transactional hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetFairValueOfTransactionalHedges" xlink:to="phg_NetFairValueOfTransactionalHedges_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseInValueOfEurAgainstAllCurrencies" xlink:href="phg-20221231.xsd#phg_IncreaseInValueOfEurAgainstAllCurrencies" />
    <label xlink:type="resource" xlink:label="phg_IncreaseInValueOfEurAgainstAllCurrencies_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase in the value of the EUR against all currencies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseInValueOfEurAgainstAllCurrencies" xlink:to="phg_IncreaseInValueOfEurAgainstAllCurrencies_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeInValueOfTransactionalHedgesFollowing10IncreaseInValueOfCurrencyAgainstEur" xlink:href="phg-20221231.xsd#phg_ChangeInValueOfTransactionalHedgesFollowing10IncreaseInValueOfCurrencyAgainstEur" />
    <label xlink:type="resource" xlink:label="phg_ChangeInValueOfTransactionalHedgesFollowing10IncreaseInValueOfCurrencyAgainstEur_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change in the value of transactional hedges following a 10% increase in the value of a currency against EUR</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeInValueOfTransactionalHedgesFollowing10IncreaseInValueOfCurrencyAgainstEur" xlink:to="phg_ChangeInValueOfTransactionalHedgesFollowing10IncreaseInValueOfCurrencyAgainstEur_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ImpactOnIncomeStatementFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies" xlink:href="phg-20221231.xsd#phg_ImpactOnIncomeStatementFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies" />
    <label xlink:type="resource" xlink:label="phg_ImpactOnIncomeStatementFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impact on income statement following a change in the value of transactional hedges due to 10% increase in the value of the EUR against all currencies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ImpactOnIncomeStatementFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies" xlink:to="phg_ImpactOnIncomeStatementFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ImpactOnEquityFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies" xlink:href="phg-20221231.xsd#phg_ImpactOnEquityFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies" />
    <label xlink:type="resource" xlink:label="phg_ImpactOnEquityFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Impact on equity following a change in the value of transactional hedges due to 10% increase in the value of the EUR against all currencies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ImpactOnEquityFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies" xlink:to="phg_ImpactOnEquityFollowingChangeInValueOfTransactionalHedgesDueTo10IncreaseInValueOfEurAgainstAllCurrencies_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other comprehensive income, before tax, exchange differences on translation of foreign operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" />
    <label xlink:type="resource" xlink:label="ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Description of methods and assumptions used in preparing sensitivity analysis</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" xlink:to="ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeInCurrencyTranslationReserveFollowing10DecreaseUsdAgainstEur" xlink:href="phg-20221231.xsd#phg_ChangeInCurrencyTranslationReserveFollowing10DecreaseUsdAgainstEur" />
    <label xlink:type="resource" xlink:label="phg_ChangeInCurrencyTranslationReserveFollowing10DecreaseUsdAgainstEur_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change in currency translation reserve following 10% decrease USD against EUR</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeInCurrencyTranslationReserveFollowing10DecreaseUsdAgainstEur" xlink:to="phg_ChangeInCurrencyTranslationReserveFollowing10DecreaseUsdAgainstEur_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeInCurrencyTranslationReserveFollowing10IncreaseUsdAgainstEur" xlink:href="phg-20221231.xsd#phg_ChangeInCurrencyTranslationReserveFollowing10IncreaseUsdAgainstEur" />
    <label xlink:type="resource" xlink:label="phg_ChangeInCurrencyTranslationReserveFollowing10IncreaseUsdAgainstEur_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change in currency translation reserve following 10% increase USD against EUR</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeInCurrencyTranslationReserveFollowing10IncreaseUsdAgainstEur" xlink:to="phg_ChangeInCurrencyTranslationReserveFollowing10IncreaseUsdAgainstEur_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CrossCurrencyInterestRateSwapsNominalValue" xlink:href="phg-20221231.xsd#phg_CrossCurrencyInterestRateSwapsNominalValue" />
    <label xlink:type="resource" xlink:label="phg_CrossCurrencyInterestRateSwapsNominalValue_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cross-currency interest rate swaps nominal value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CrossCurrencyInterestRateSwapsNominalValue" xlink:to="phg_CrossCurrencyInterestRateSwapsNominalValue_lbl" />
    <loc xlink:type="locator" xlink:label="phg_FairValueLiabilityOfCrossCurrencyInterestRateSwapsDesignatedAsNetInvestmentHedges" xlink:href="phg-20221231.xsd#phg_FairValueLiabilityOfCrossCurrencyInterestRateSwapsDesignatedAsNetInvestmentHedges" />
    <label xlink:type="resource" xlink:label="phg_FairValueLiabilityOfCrossCurrencyInterestRateSwapsDesignatedAsNetInvestmentHedges_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Fair value liability of cross-currency interest rate swaps designated as net investment hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_FairValueLiabilityOfCrossCurrencyInterestRateSwapsDesignatedAsNetInvestmentHedges" xlink:to="phg_FairValueLiabilityOfCrossCurrencyInterestRateSwapsDesignatedAsNetInvestmentHedges_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ExternalBondFundingForNominalValueDesignatedAsNetInvestmentHedges" xlink:href="phg-20221231.xsd#phg_ExternalBondFundingForNominalValueDesignatedAsNetInvestmentHedges" />
    <label xlink:type="resource" xlink:label="phg_ExternalBondFundingForNominalValueDesignatedAsNetInvestmentHedges_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">External bond funding for a nominal value designated as net investment hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ExternalBondFundingForNominalValueDesignatedAsNetInvestmentHedges" xlink:to="phg_ExternalBondFundingForNominalValueDesignatedAsNetInvestmentHedges_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ExternalBondFundingBookValueDesignatedAsNetInvestmentHedges" xlink:href="phg-20221231.xsd#phg_ExternalBondFundingBookValueDesignatedAsNetInvestmentHedges" />
    <label xlink:type="resource" xlink:label="phg_ExternalBondFundingBookValueDesignatedAsNetInvestmentHedges_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">External bond funding book value designated as net investment hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ExternalBondFundingBookValueDesignatedAsNetInvestmentHedges" xlink:to="phg_ExternalBondFundingBookValueDesignatedAsNetInvestmentHedges_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" />
    <label xlink:type="resource" xlink:label="ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Gain (loss) on hedge ineffectiveness recognised in profit or loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_lbl" />
    <loc xlink:type="locator" xlink:label="phg_NetFairValueOfFinancingDerivatives" xlink:href="phg-20221231.xsd#phg_NetFairValueOfFinancingDerivatives" />
    <label xlink:type="resource" xlink:label="phg_NetFairValueOfFinancingDerivatives_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Net fair value of financing derivatives</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_NetFairValueOfFinancingDerivatives" xlink:to="phg_NetFairValueOfFinancingDerivatives_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfEurAgainstAllCurrencies" xlink:href="phg-20221231.xsd#phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfEurAgainstAllCurrencies" />
    <label xlink:type="resource" xlink:label="phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfEurAgainstAllCurrencies_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change in the value of derivatives following a 10% increase in the value of the EUR against all currencies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfEurAgainstAllCurrencies" xlink:to="phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfEurAgainstAllCurrencies_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfCurrencyAgainstEur" xlink:href="phg-20221231.xsd#phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfCurrencyAgainstEur" />
    <label xlink:type="resource" xlink:label="phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfCurrencyAgainstEur_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change in the value of derivatives following a 10% increase in the value of a currency against EUR</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfCurrencyAgainstEur" xlink:to="phg_ChangeInValueOfDerivativesFollowing10IncreaseInValueOfCurrencyAgainstEur_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RatioOfFixedRateLongTermDebtToTotalOutstandingDebt" xlink:href="phg-20221231.xsd#phg_RatioOfFixedRateLongTermDebtToTotalOutstandingDebt" />
    <label xlink:type="resource" xlink:label="phg_RatioOfFixedRateLongTermDebtToTotalOutstandingDebt_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Ratio of fixed-rate long-term debt to total outstanding debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RatioOfFixedRateLongTermDebtToTotalOutstandingDebt" xlink:to="phg_RatioOfFixedRateLongTermDebtToTotalOutstandingDebt_lbl" />
    <loc xlink:type="locator" xlink:label="phg_InstantaneousIncreaseOrDecreaseInLongTermInterestRates" xlink:href="phg-20221231.xsd#phg_InstantaneousIncreaseOrDecreaseInLongTermInterestRates" />
    <label xlink:type="resource" xlink:label="phg_InstantaneousIncreaseOrDecreaseInLongTermInterestRates_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Instantaneous increase or decrease in long-term interest rates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_InstantaneousIncreaseOrDecreaseInLongTermInterestRates" xlink:to="phg_InstantaneousIncreaseOrDecreaseInLongTermInterestRates_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeInFairValueDueToDiscontinuedUseOfLibor" xlink:href="phg-20221231.xsd#phg_ChangeInFairValueDueToDiscontinuedUseOfLibor" />
    <label xlink:type="resource" xlink:label="phg_ChangeInFairValueDueToDiscontinuedUseOfLibor_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change in fair value due to discontinued use of LIBOR</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeInFairValueDueToDiscontinuedUseOfLibor" xlink:to="phg_ChangeInFairValueDueToDiscontinuedUseOfLibor_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ThresholdOfCashAndShortTermDepositsWithACreditRating" xlink:href="phg-20221231.xsd#phg_ThresholdOfCashAndShortTermDepositsWithACreditRating" />
    <label xlink:type="resource" xlink:label="phg_ThresholdOfCashAndShortTermDepositsWithACreditRating_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Threshold of cash and short term deposits with A- credit rating</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ThresholdOfCashAndShortTermDepositsWithACreditRating" xlink:to="phg_ThresholdOfCashAndShortTermDepositsWithACreditRating_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CountryRiskExposure" xlink:href="phg-20221231.xsd#phg_CountryRiskExposure" />
    <label xlink:type="resource" xlink:label="phg_CountryRiskExposure_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Country risk exposure</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CountryRiskExposure" xlink:to="phg_CountryRiskExposure_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PolicyDeductiblesPerOccurrence" xlink:href="phg-20221231.xsd#phg_PolicyDeductiblesPerOccurrence" />
    <label xlink:type="resource" xlink:label="phg_PolicyDeductiblesPerOccurrence_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Policy deductibles per occurrence</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PolicyDeductiblesPerOccurrence" xlink:to="phg_PolicyDeductiblesPerOccurrence_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaims" xlink:href="phg-20221231.xsd#phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaims" />
    <label xlink:type="resource" xlink:label="phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaims_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Captive retained per claim for general, product and professional liability claims</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaims" xlink:to="phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaims_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaimsAggregate" xlink:href="phg-20221231.xsd#phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaimsAggregate" />
    <label xlink:type="resource" xlink:label="phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaimsAggregate_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Captive retained per claim for general, product and professional liability claims, aggregate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaimsAggregate" xlink:to="phg_CaptiveRetainedPerClaimForGeneralProductAndProfessionalLiabilityClaimsAggregate_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RoyalPhilipsNvMember" xlink:href="phg-20221231.xsd#phg_RoyalPhilipsNvMember" />
    <label xlink:type="resource" xlink:label="phg_RoyalPhilipsNvMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Royal Philips NV [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RoyalPhilipsNvMember" xlink:to="phg_RoyalPhilipsNvMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_EquityInvestmentsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityInvestmentsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_EquityInvestmentsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Equity investments [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityInvestmentsMember" xlink:to="ifrs-full_EquityInvestmentsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CashFlowHedgesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowHedgesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_CashFlowHedgesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Cash flow hedges [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowHedgesMember" xlink:to="ifrs-full_CashFlowHedgesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ChangeInValueOfForwardElementsOfForwardContractsAndTimeValueOfOptionsMember" xlink:href="phg-20221231.xsd#phg_ChangeInValueOfForwardElementsOfForwardContractsAndTimeValueOfOptionsMember" />
    <label xlink:type="resource" xlink:label="phg_ChangeInValueOfForwardElementsOfForwardContractsAndTimeValueOfOptionsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Change in value of forward elements of forward contracts and time value of options[Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ChangeInValueOfForwardElementsOfForwardContractsAndTimeValueOfOptionsMember" xlink:to="phg_ChangeInValueOfForwardElementsOfForwardContractsAndTimeValueOfOptionsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_Level2And3OfFairValueHierarchyMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Level2And3OfFairValueHierarchyMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_Level2And3OfFairValueHierarchyMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Level 2 and 3 of fair value hierarchy [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2And3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2And3OfFairValueHierarchyMember_lbl" />
    <loc xlink:type="locator" xlink:label="country_SG" xlink:href="https://xbrl.sec.gov/country/2021/country-2021.xsd#country_SG" />
    <label xlink:type="resource" xlink:label="country_SG_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Singapore [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_SG" xlink:to="country_SG_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfHedgesAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfHedgesAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_TypesOfHedgesAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Types of hedges [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfHedgesAxis" xlink:to="ifrs-full_TypesOfHedgesAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfHedgesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfHedgesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_TypesOfHedgesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Hedges [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfHedgesMember" xlink:to="ifrs-full_TypesOfHedgesMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ReservesWithinEquityAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ReservesWithinEquityAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ReservesWithinEquityAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Reserves within equity [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReservesWithinEquityAxis" xlink:to="ifrs-full_ReservesWithinEquityAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_OtherReservesMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherReservesMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_OtherReservesMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Other reserves [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReservesMember" xlink:to="ifrs-full_OtherReservesMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ForeignExchangeTransactionCurrencyAxis" xlink:href="phg-20221231.xsd#phg_ForeignExchangeTransactionCurrencyAxis" />
    <label xlink:type="resource" xlink:label="phg_ForeignExchangeTransactionCurrencyAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Foreign exchange transaction currency [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ForeignExchangeTransactionCurrencyAxis" xlink:to="phg_ForeignExchangeTransactionCurrencyAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksTable" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksTable" />
    <label xlink:type="resource" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksTable_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Details of treasury and other financial risks [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DetailsOfTreasuryAndOtherFinancialRisksTable" xlink:to="phg_DetailsOfTreasuryAndOtherFinancialRisksTable_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksLineItems" xlink:href="phg-20221231.xsd#phg_DetailsOfTreasuryAndOtherFinancialRisksLineItems" />
    <label xlink:type="resource" xlink:label="phg_DetailsOfTreasuryAndOtherFinancialRisksLineItems_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Details of treasury and other financial risks [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DetailsOfTreasuryAndOtherFinancialRisksLineItems" xlink:to="phg_DetailsOfTreasuryAndOtherFinancialRisksLineItems_lbl" />
    <loc xlink:type="locator" xlink:label="phg_LongTermDebtIncludingCurrentPortionOfLongTermDebtAndExcludingFinanceLeaseObligations" xlink:href="phg-20221231.xsd#phg_LongTermDebtIncludingCurrentPortionOfLongTermDebtAndExcludingFinanceLeaseObligations" />
    <label xlink:type="resource" xlink:label="phg_LongTermDebtIncludingCurrentPortionOfLongTermDebtAndExcludingFinanceLeaseObligations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Long-term debt including current portion of long-term debt and excluding finance lease obligations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_LongTermDebtIncludingCurrentPortionOfLongTermDebtAndExcludingFinanceLeaseObligations" xlink:to="phg_LongTermDebtIncludingCurrentPortionOfLongTermDebtAndExcludingFinanceLeaseObligations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ShortTermDebt" xlink:href="phg-20221231.xsd#phg_ShortTermDebt" />
    <label xlink:type="resource" xlink:label="phg_ShortTermDebt_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Short-term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ShortTermDebt" xlink:to="phg_ShortTermDebt_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DerivativeLiabilities" xlink:href="phg-20221231.xsd#phg_DerivativeLiabilities" />
    <label xlink:type="resource" xlink:label="phg_DerivativeLiabilities_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Derivative liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DerivativeLiabilities" xlink:to="phg_DerivativeLiabilities_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PurchaseObligations" xlink:href="phg-20221231.xsd#phg_PurchaseObligations" />
    <label xlink:type="resource" xlink:label="phg_PurchaseObligations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Purchase obligations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PurchaseObligations" xlink:to="phg_PurchaseObligations_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ContractualCashObligations" xlink:href="phg-20221231.xsd#phg_ContractualCashObligations" />
    <label xlink:type="resource" xlink:label="phg_ContractualCashObligations_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Contractual cash obligations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ContractualCashObligations" xlink:to="phg_ContractualCashObligations_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than one year and not later than three years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Later than three years and not later than five years [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_TransactionExposure" xlink:href="phg-20221231.xsd#phg_TransactionExposure" />
    <label xlink:type="resource" xlink:label="phg_TransactionExposure_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Transaction exposure</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_TransactionExposure" xlink:to="phg_TransactionExposure_lbl" />
    <loc xlink:type="locator" xlink:label="phg_HedgeOfTransactionExposure" xlink:href="phg-20221231.xsd#phg_HedgeOfTransactionExposure" />
    <label xlink:type="resource" xlink:label="phg_HedgeOfTransactionExposure_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Hedge of transaction exposure</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_HedgeOfTransactionExposure" xlink:to="phg_HedgeOfTransactionExposure_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ReceivablesCashFlowMember" xlink:href="phg-20221231.xsd#phg_ReceivablesCashFlowMember" />
    <label xlink:type="resource" xlink:label="phg_ReceivablesCashFlowMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Receivables cash flow [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ReceivablesCashFlowMember" xlink:to="phg_ReceivablesCashFlowMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_PayablesCashFlowMember" xlink:href="phg-20221231.xsd#phg_PayablesCashFlowMember" />
    <label xlink:type="resource" xlink:label="phg_PayablesCashFlowMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Payables cash flow [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_PayablesCashFlowMember" xlink:to="phg_PayablesCashFlowMember_lbl" />
    <loc xlink:type="locator" xlink:label="currency_JPY" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_JPY" />
    <label xlink:type="resource" xlink:label="currency_JPY_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Yen [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_JPY" xlink:to="currency_JPY_lbl" />
    <loc xlink:type="locator" xlink:label="currency_GBP" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_GBP" />
    <label xlink:type="resource" xlink:label="currency_GBP_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Pound Sterling [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_GBP" xlink:to="currency_GBP_lbl" />
    <loc xlink:type="locator" xlink:label="currency_CNY" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_CNY" />
    <label xlink:type="resource" xlink:label="currency_CNY_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Yuan Renminbi [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_CNY" xlink:to="currency_CNY_lbl" />
    <loc xlink:type="locator" xlink:label="currency_CAD" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_CAD" />
    <label xlink:type="resource" xlink:label="currency_CAD_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Canadian Dollar [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_CAD" xlink:to="currency_CAD_lbl" />
    <loc xlink:type="locator" xlink:label="currency_PLN" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_PLN" />
    <label xlink:type="resource" xlink:label="currency_PLN_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Zloty [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_PLN" xlink:to="currency_PLN_lbl" />
    <loc xlink:type="locator" xlink:label="currency_AUD" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_AUD" />
    <label xlink:type="resource" xlink:label="currency_AUD_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Australian Dollar [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_AUD" xlink:to="currency_AUD_lbl" />
    <loc xlink:type="locator" xlink:label="currency_CHF" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_CHF" />
    <label xlink:type="resource" xlink:label="currency_CHF_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Swiss Franc [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_CHF" xlink:to="currency_CHF_lbl" />
    <loc xlink:type="locator" xlink:label="currency_CZK" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_CZK" />
    <label xlink:type="resource" xlink:label="currency_CZK_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Czech Koruna [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_CZK" xlink:to="currency_CZK_lbl" />
    <loc xlink:type="locator" xlink:label="currency_SEK" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_SEK" />
    <label xlink:type="resource" xlink:label="currency_SEK_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Swedish Krona [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_SEK" xlink:to="currency_SEK_lbl" />
    <loc xlink:type="locator" xlink:label="currency_RUB" xlink:href="https://xbrl.sec.gov/currency/2021/currency-2021.xsd#currency_RUB" />
    <label xlink:type="resource" xlink:label="currency_RUB_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Russian Ruble [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_RUB" xlink:to="currency_RUB_lbl" />
    <loc xlink:type="locator" xlink:label="phg_OthersMember" xlink:href="phg-20221231.xsd#phg_OthersMember" />
    <label xlink:type="resource" xlink:label="phg_OthersMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Others [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_OthersMember" xlink:to="phg_OthersMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Classes of financial instruments [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialInstrumentsMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Financial instruments, class [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_RubMember" xlink:href="phg-20221231.xsd#phg_RubMember" />
    <label xlink:type="resource" xlink:label="phg_RubMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">RUB [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_RubMember" xlink:to="phg_RubMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_IncreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestDecrease" xlink:href="phg-20221231.xsd#phg_IncreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestDecrease" />
    <label xlink:type="resource" xlink:label="phg_IncreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestDecrease_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Increase in the value of the fixed rate long term debt excluding forward contracts driven by 1% interest decrease</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_IncreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestDecrease" xlink:to="phg_IncreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestDecrease_lbl" />
    <loc xlink:type="locator" xlink:label="phg_DecreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestIncrease" xlink:href="phg-20221231.xsd#phg_DecreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestIncrease" />
    <label xlink:type="resource" xlink:label="phg_DecreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestIncrease_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Decrease in the value of the fixed rate long term debt excluding forward contracts driven by 1% interest increase</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_DecreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestIncrease" xlink:to="phg_DecreaseInValueOfFixedRateLongTermDebtExcludingForwardContractsDrivenBy1InterestIncrease_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AnnualizedNetInterestExpenseDrivenBy1InterestIncrease" xlink:href="phg-20221231.xsd#phg_AnnualizedNetInterestExpenseDrivenBy1InterestIncrease" />
    <label xlink:type="resource" xlink:label="phg_AnnualizedNetInterestExpenseDrivenBy1InterestIncrease_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Annualized net interest expense driven by 1% interest increase</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AnnualizedNetInterestExpenseDrivenBy1InterestIncrease" xlink:to="phg_AnnualizedNetInterestExpenseDrivenBy1InterestIncrease_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_InterestRateRiskMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestRateRiskMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_InterestRateRiskMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Interest rate risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRateRiskMember" xlink:to="ifrs-full_InterestRateRiskMember_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfRisksAxis" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfRisksAxis" />
    <label xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Types of risks [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_TypesOfRisksMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TypesOfRisksMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Risks [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksMember" xlink:to="ifrs-full_TypesOfRisksMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Counterparties" xlink:href="phg-20221231.xsd#phg_Counterparties" />
    <label xlink:type="resource" xlink:label="phg_Counterparties_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Counterparties</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Counterparties" xlink:to="phg_Counterparties_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Range10100MillionMember" xlink:href="phg-20221231.xsd#phg_Range10100MillionMember" />
    <label xlink:type="resource" xlink:label="phg_Range10100MillionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Range 10-100 million [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Range10100MillionMember" xlink:to="phg_Range10100MillionMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AAMinusRatedMember" xlink:href="phg-20221231.xsd#phg_AAMinusRatedMember" />
    <label xlink:type="resource" xlink:label="phg_AAMinusRatedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">AA- Rated [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AAMinusRatedMember" xlink:to="phg_AAMinusRatedMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Range100500MillionMember" xlink:href="phg-20221231.xsd#phg_Range100500MillionMember" />
    <label xlink:type="resource" xlink:label="phg_Range100500MillionMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Range 100-500 million [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Range100500MillionMember" xlink:to="phg_Range100500MillionMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_Range500MillionAndAboveMember" xlink:href="phg-20221231.xsd#phg_Range500MillionAndAboveMember" />
    <label xlink:type="resource" xlink:label="phg_Range500MillionAndAboveMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Range 500 million and above [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_Range500MillionAndAboveMember" xlink:to="phg_Range500MillionAndAboveMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_APlusRatedMember" xlink:href="phg-20221231.xsd#phg_APlusRatedMember" />
    <label xlink:type="resource" xlink:label="phg_APlusRatedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">A+ rated [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_APlusRatedMember" xlink:to="phg_APlusRatedMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_ARatedMember" xlink:href="phg-20221231.xsd#phg_ARatedMember" />
    <label xlink:type="resource" xlink:label="phg_ARatedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">A rated [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_ARatedMember" xlink:to="phg_ARatedMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_AMinusRatedMember" xlink:href="phg-20221231.xsd#phg_AMinusRatedMember" />
    <label xlink:type="resource" xlink:label="phg_AMinusRatedMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">A- rated [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_AMinusRatedMember" xlink:to="phg_AMinusRatedMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CreditRiskRangeAxis" xlink:href="phg-20221231.xsd#phg_CreditRiskRangeAxis" />
    <label xlink:type="resource" xlink:label="phg_CreditRiskRangeAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Credit risk range [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CreditRiskRangeAxis" xlink:to="phg_CreditRiskRangeAxis_lbl" />
    <loc xlink:type="locator" xlink:label="ifrs-full_CreditRiskMember" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CreditRiskMember" />
    <label xlink:type="resource" xlink:label="ifrs-full_CreditRiskMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Credit risk [member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CreditRiskMember" xlink:to="ifrs-full_CreditRiskMember_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CreditRatingAxis" xlink:href="phg-20221231.xsd#phg_CreditRatingAxis" />
    <label xlink:type="resource" xlink:label="phg_CreditRatingAxis_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Credit rating [axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CreditRatingAxis" xlink:to="phg_CreditRatingAxis_lbl" />
    <loc xlink:type="locator" xlink:label="phg_CreditRatingMember" xlink:href="phg-20221231.xsd#phg_CreditRatingMember" />
    <label xlink:type="resource" xlink:label="phg_CreditRatingMember_lbl" xml:lang="en-US" xlink:role="http://www.xbrl.org/2003/role/label">Credit rating [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="phg_CreditRatingMember" xlink:to="phg_CreditRatingMember_lbl" />
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