Remittances in Philippines increased to 2840041.50 USD Thousand in September from 2721458.40 USD Thousand in August of 2022. source: Bangko Sentral ng Pilipinas

Remittances in Philippines averaged 1180884.94 USD Thousand from 1989 until 2022, reaching an all time high of 2987114.50 USD Thousand in December of 2021 and a record low of 64208.00 USD Thousand in February of 1989. This page provides - Philippines Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Remittances - values, historical data and charts - was last updated on December of 2022.

Remittances in Philippines is expected to be 2509084.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Remittances is projected to trend around 2509084.00 USD Thousand in 2023, according to our econometric models.

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Philippines Remittances

Related Last Previous Unit Reference
Current Account -2521.39 -2915.66 USD Million Jun 2022
Current Account to GDP -1.80 3.20 percent of GDP Dec 2021
External Debt 106428.26 98488.01 USD Million Dec 2021
Capital Flows 5.96 5.48 USD Million Jun 2022
Remittances 2840041.50 2721458.40 USD Thousand Sep 2022
Foreign Direct Investment 800.00 460.00 USD Million Aug 2022

Philippines Remittances
In the Philippines, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).
Actual Previous Highest Lowest Dates Unit Frequency
2840041.50 2721458.40 2987114.50 64208.00 1989 - 2022 USD Thousand Monthly
Current Prices, NSA