Remittances in Philippines increased to 2902000 USD Thousand in December from 2372398.50 USD Thousand in November of 2019. Philippines Remittances - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Remittances in Philippines averaged 1056746.40 USD Thousand from 1989 until 2019, reaching an all time high of 2902000 USD Thousand in December of 2019 and a record low of 64208 USD Thousand in February of 1989. This page provides - Philippines Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Bangko Sentral ng Pilipinas

Remittances in Philippines is expected to be 2630000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Philippines to stand at 3000000.00 in 12 months time. In the long-term, the Philippines Remittances is projected to trend around 3080000.00 USD Thousand in 2021, according to our econometric models.

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Philippines Remittances

Actual Previous Highest Lowest Dates Unit Frequency
2902000.00 2372398.50 2902000.00 64208.00 1989 - 2019 USD Thousand Monthly
Current Prices, NSA

Philippines Remittances
In the Philippines, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).