Remittances in Philippines increased to 2609470.90 USD Thousand in May from 2440629.90 USD Thousand in April of 2019. Remittances in Philippines averaged 1028276.29 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 2450000.00 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 2620000.00 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.

Philippines Remittances
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Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2473000.00 -3298000.00 1144700.00 -4415446.66 USD Thousand [+]
Current Account -435.05 239.06 1810.97 -1455.03 USD Million [+]
Current Account to GDP -2.40 -0.70 5.80 -7.70 percent [+]
Imports 8480000.00 9469000.00 10724291.25 37084.30 USD Thousand [+]
Exports 6008000.00 6155000.00 6308844.59 23000.00 USD Thousand [+]
External Debt 78959.57 73097.87 79949.42 20893.00 USD Million [+]
Capital Flows 2.84 4.85 93.66 -35.31 USD Million [+]
Remittances 2609470.90 2440629.90 2849065.80 64208.00 USD Thousand [+]
Tourist Arrivals 621719.00 662987.00 766865.00 63628.00 [+]
Gold Reserves 197.90 197.90 274.42 126.89 Tonnes [+]
Terrorism Index 7.18 7.13 7.27 5.78 [+]
Foreign Direct Investment 242.00 961.00 2256.00 -396.00 USD Million [+]
Crude Oil Production 14.00 14.00 38.00 1.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Philippines Remittances

In the Philippines, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Philippines Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Remittances - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2609470.90 2440629.90 2849065.80 64208.00 1989 - 2019 USD Thousand Monthly
Current Prices, NSA




Country Last Previous
Brazil 251.40 May/19
France 43.00 Mar/19
India 12616.91 Mar/19
Indonesia 2761.07 Mar/19
Italy 117.08 Mar/19
Mexico 9185.62 Jun/19
Netherlands 37.90 Mar/19
Russia 375.00 Mar/19
Saudi Arabia 28441.00 Mar/19
Spain 3475.00 Mar/19
Turkey 13.00 Jun/19


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