OFW Remittances */            
  For the Periods Indicated            
  In Thousand US dollars            
                       
   
  Growth Rate  
  Levels mo.-on-mo. yr.-on-yr.  
  Monthly Cumulative Average Monthly Cumulative  
                       
     
  1997 January 538,672           538,672 -  
  February 558,702        1,097,374 3.72  
  March 383,832        1,481,206 -31.30  
  April 398,229        1,879,435 3.75  
  May 382,604        2,262,039 -3.92  
  June 358,435        2,620,474 -6.32  
  July 469,888        3,090,362 31.09  
  August 534,056        3,624,418 13.66  
  September 492,329        4,116,747 -7.81  
  October 528,603        4,645,350 7.37  
  November 506,461        5,151,811 -4.19  
  December 590,024        5,741,835      478,486 16.50  
   
  1998 January 1,105,343 - 87.34 105.20 -  
  February 602,851        1,708,194 -45.46 7.90 55.66  
  March 804,827        2,513,021 33.50 109.68 69.66  
  April 575,865        3,088,886 -28.45 44.61 64.35  
  May 577,774        3,666,660 0.33 51.01 62.10  
  June 506,507        4,173,167 -12.33 41.31 59.25  
  July 451,982        4,625,149 -10.76 -3.81 49.66  
  August 310,299        4,935,448 -31.35 -41.90 36.17  
  September 619,745        5,555,193 99.73 25.88 34.94  
  October 642,706        6,197,899 3.70 21.59 33.42  
  November 469,835        6,667,734 -26.90 -7.23 29.43  
  December 700,255        7,367,989      613,999 49.04 18.68 28.32  
   
  2001 Jan 456,151 - -12.32 -33.55             -  
  Feb 432,961           889,112 -5.08 -0.58 -20.75  
  Mar 465,307        1,354,419 7.47 -3.23 -15.49  
  Apr 510,153        1,864,572 9.64 12.74 -9.28  
  May 537,827        2,402,399 5.42 1.73 -7.03  
  Jun 489,641        2,892,040 -8.96 -5.20 -6.72  
  Jul 524,004        3,416,044 7.02 4.36 -5.18  
  Aug 522,367        3,938,411 -0.31 2.26 -4.25  
  Sep 488,092        4,426,503 -6.56 -0.56 -3.86  
  Oct 551,663        4,978,166 13.02 10.88 -2.42  
  Nov 478,848        5,457,014 -13.20 11.76 -1.32  
  Dec 574,257        6,031,271      502,606 19.92 10.38 -0.32  
   
  2002 Jan 541,486 - -5.71 18.71             -  
  Feb 524,343        1,065,829 -3.17 21.11 19.88  
  Mar 596,286        1,662,115 13.72 28.15 22.72  
  Apr 662,729        2,324,844 11.14 29.91 24.69  
  May 645,210        2,970,054 -2.64 19.97 23.63  
  Jun 567,171        3,537,225 -12.10 15.83 22.31  
  Jul 622,793        4,160,018 9.81 18.85 21.78  
  Aug 578,651        4,738,669 -7.09 10.77 20.32  
  Sep 551,032        5,289,701 -4.77 12.90 19.50  
  Oct 555,089        5,844,790 0.74 0.62 17.41  
  Nov 520,595        6,365,385 -6.21 8.72 16.65  
  Dec 520,771        6,886,156      573,846 0.03 -9.31 14.17  
   
  2003 Jan 624,019 - 19.83 15.24             -  
  Feb 543,558        1,167,577 -12.89 3.66 9.55  
  Mar 620,760        1,788,337 14.20 4.10 7.59  
  Apr 590,718        2,379,055 -4.84 -10.87 2.33  
  May 669,543        3,048,598 13.34 3.77 2.64  
  Jun 626,670        3,675,268 -6.40 10.49 3.90  
  Jul 661,234        4,336,502 5.52 6.17 4.24  
  Aug 587,036        4,923,538 -11.22 1.45 3.90  
  Sep 642,970        5,566,508 9.53 16.68 5.23  
  Oct 694,430        6,260,938 8.00 25.10 7.12  
  Nov 579,286        6,840,224 -16.58 11.27 7.46  
  Dec 738,234        7,578,458 631,538.17 27.44 41.76 10.05  
   
  2004 Jan 624,267 - -15.44 0.04             -  
  Feb 609,116        1,233,383 -2.43 12.06 5.64  
  Mar 724,460        1,957,843 18.94 16.71 9.48  
  Apr 663,517        2,621,360 -8.41 12.32 10.18  
  May 693,340        3,314,700 4.49 3.55 8.73  
  Jun 708,019        4,022,719 2.12 12.98 9.45  
  Jul 703,915        4,726,634 -0.58 6.45 9.00  
  Aug 743,554        5,470,188 5.63 26.66 11.10  
  Sep 734,766        6,204,954 -1.18 14.28 11.47  
  Oct 741,504        6,946,458 0.92 6.78 10.95  
  Nov 734,786        7,681,244 -0.91 26.84 12.30  
  Dec 869,127        8,550,371 712,530.92 18.28 17.73 12.82  
   
  2005 r/ Jan 786,568 - -9.50 26.00             -  
  Feb 775,855        1,562,423 -1.36 27.37 26.68  
  Mar 892,490        2,454,913 15.03 23.19 25.39  
  Apr 895,479        3,350,392 0.33 34.96 27.81  
  May 878,959        4,229,351 -1.84 26.77 27.59  
  Jun 935,380        5,164,731 6.42 32.11 28.39  
  Jul 884,605        6,049,336 -5.43 25.67 27.98  
  Aug 972,943        7,022,279 9.99 30.85 28.37  
  Sep 942,443        7,964,722 -3.13 28.26 28.36  
  Oct 867,182        8,831,904 -7.99 16.95 27.14  
  Nov 895,234        9,727,138 3.23 21.84 26.63  
  Dec 961,867      10,689,005 7.44 10.67 25.01  
   
  2006 Jan 916,612 - -4.70 16.53             -  
  Feb 865,794        1,782,406 -5.54 11.59 14.08  
  Mar 1,031,991        2,814,397 19.20 15.63 14.64  
  Apr 898,512        3,712,909 -12.93 0.34 10.82  
  May 1,141,582        4,854,491 27.05 29.88 14.78  
  Jun 1,104,375        5,958,866 -3.26 18.07 15.38  
  Jul 1,047,008        7,005,874 -5.19 18.36 15.81  
   
  */  Remittances coursed through banks          
  p/ Preliminary  
  p/ Preliminary  
  r/  January-September levels were revised due to post audit of bank reports by the BSP  
  p/ Preliminary