Remittances in Philippines decreased to 2300796.70 USD Thousand in February from 2483616.40 USD Thousand in January of 2019. Remittances in Philippines averaged 1015902.61 USD Thousand from 1989 until 2019, reaching an all time high of 2849065.80 USD Thousand in December of 2018 and a record low of 64208 USD Thousand in February of 1989.
Remittances in Philippines is expected to be 2590000.00 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 2730000.00 in 12 months time. In the long-term, the Philippines Remittances is projected to trend around 2900000.00 USD Thousand in 2020, according to our econometric models.