| Overseas Filipinos' (OF) Remittances | ||||||||||||||||
| for the periods indicated | ||||||||||||||||
| Levels (in Million U.S. Dollars) | Growth Rates Year-on-Year (%) | |||||||||||||||
| Personal Remittances | Cash Remittances * | Personal Remittances | Cash Remittances | Difference | ||||||||||||
| Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | |||||||
| 2009 | Jan | 1408 | 1,408 | 1,266 | 1,266 | n.a. | n.a. | 0.1 | 0.1 | #VALUE! | #VALUE! | |||||
| Feb | 1465 | 2,873 | 1,320 | 2,586 | n.a. | n.a. | 4.9 | 2.5 | #VALUE! | #VALUE! | ||||||
| Mar | 1629 | 4,502 | 1,471 | 4,057 | n.a. | n.a. | 3.1 | 2.7 | #VALUE! | #VALUE! | ||||||
| Apr | 1592 | 6,094 | 1,442 | 5,499 | n.a. | n.a. | 2.2 | 2.6 | #VALUE! | #VALUE! | ||||||
| May | 1636 | 7,730 | 1,482 | 6,981 | n.a. | n.a. | 3.7 | 2.8 | #VALUE! | #VALUE! | ||||||
| Jun | 1659 | 9,389 | 1,499 | 8,480 | n.a. | n.a. | 3.3 | 2.9 | #VALUE! | #VALUE! | ||||||
| Jul | 1655 | 11,044 | 1,494 | 9,974 | n.a. | n.a. | 9.3 | 3.8 | #VALUE! | #VALUE! | ||||||
| Aug | 1518 | 12,562 | 1,369 | 11,343 | n.a. | n.a. | 2.8 | 3.7 | #VALUE! | #VALUE! | ||||||
| Sep | 1612 | 14,174 | 1,447 | 12,790 | n.a. | n.a. | 8.6 | 4.2 | #VALUE! | #VALUE! | ||||||
| Oct | 1705 | 15,879 | 1,531 | 14,321 | n.a. | n.a. | 6.7 | 4.5 | #VALUE! | #VALUE! | ||||||
| Nov | 1618 | 17,497 | 1,459 | 15,780 | n.a. | n.a. | 11.3 | 5.1 | #VALUE! | #VALUE! | ||||||
| Dec | 1742 | 19,239 | 1,568 | 17,348 | n.a. | n.a. | 11.4 | 5.6 | #VALUE! | #VALUE! | ||||||
| 2010 | Jan | 1,524 | 1,524 | 1,373 | 1,373 | 8.2 | 8.2 | 8.5 | 8.5 | -0.2 | -0.2 | |||||
| Feb | 1,570 | 3,094 | 1,413 | 2,786 | 7.2 | 7.7 | 7.1 | 7.7 | 0.1 | -0.1 | ||||||
| Mar | 1,716 | 4,810 | 1,553 | 4,339 | 5.3 | 6.8 | 5.6 | 7.0 | -0.2 | -0.1 | ||||||
| Apr | 1,689 | 6,499 | 1,520 | 5,860 | 6.1 | 6.6 | 5.4 | 6.6 | 0.7 | 0.1 | ||||||
| May | 1,744 | 8,243 | 1,579 | 7,439 | 6.6 | 6.6 | 6.5 | 6.6 | 0.1 | 0.1 | ||||||
| Jun | 1,794 | 10,037 | 1,624 | 9,062 | 8.1 | 6.9 | 8.3 | 6.9 | -0.2 | 0.0 | ||||||
| Jul | 1,783 | 11,820 | 1,617 | 10,679 | 7.7 | 7.0 | 8.2 | 7.1 | -0.5 | 0.0 | ||||||
| Aug | 1,658 | 13,478 | 1,503 | 12,182 | 9.2 | 7.3 | 9.8 | 7.4 | -0.6 | -0.1 | ||||||
| Sep | 1,766 | 15,244 | 1,601 | 13,782 | 9.6 | 7.5 | 10.6 | 7.8 | -1.1 | -0.2 | ||||||
| Oct | 1,845 | 17,089 | 1,674 | 15,456 | 8.2 | 7.6 | 9.3 | 7.9 | -1.1 | -0.3 | ||||||
| Nov | 1,783 | 18,872 | 1,613 | 17,069 | 10.2 | 7.9 | 10.5 | 8.2 | -0.3 | -0.3 | ||||||
| Dec | 1,872 | 20,744 | 1,694 | 18,763 | 7.5 | 7.8 | 8.1 | 8.2 | -0.6 | -0.3 | ||||||
| 2011 | Jan | 1,643 | 1,643 | 1,477 | 1,477 | 7.8 | 7.8 | 7.6 | 7.6 | #DIV/0! | #REF! | #REF! | ||||
| Feb | 1,668 | 3,311 | 1,501 | 2,978 | 6.2 | 7.0 | 6.2 | 6.9 | 0.0 | 0.1 | ||||||
| Mar | 1,797 | 5,108 | 1,617 | 4,594 | 4.7 | 6.2 | 4.1 | 5.9 | 0.7 | 0.3 | ||||||
| Apr | 1,793 | 6,901 | 1,616 | 6,210 | 6.2 | 6.2 | 6.3 | 6.0 | -0.1 | 0.2 | ||||||
| May | 1,875 | 8,776 | 1,688 | 7,898 | 7.5 | 6.5 | 6.9 | 6.2 | 0.6 | 0.3 | ||||||
| Jun | 1,930 | 10,706 | 1,737 | 9,636 | 7.6 | 6.7 | 7.0 | 6.3 | 0.6 | 0.3 | ||||||
| Jul | 1,906 | 12,612 | 1,715 | 11,351 | 6.9 | 6.7 | 6.1 | 6.3 | 0.8 | 0.4 | ||||||
| Aug | 1,855 | 14,467 | 1,670 | 13,021 | 11.9 | 7.3 | 11.1 | 6.9 | 0.8 | 0.4 | ||||||
| Sep | 1,928 | 16,395 | 1,736 | 14,757 | 9.2 | 7.6 | 8.4 | 7.1 | 0.7 | 0.5 | ||||||
| Oct | 1,975 | 18,370 | 1,777 | 16,534 | 7.0 | 7.5 | 6.2 | 7.0 | 0.9 | 0.5 | ||||||
| Nov | 1,981 | 20,351 | 1,783 | 18,317 | 11.1 | 7.8 | 10.6 | 7.3 | 0.5 | 0.5 | ||||||
| Dec | 1,998 | 22,349 | 1,800 | 20,117 | 6.7 | 7.7 | 6.2 | 7.2 | 0.5 | 0.5 | ||||||
| 2012 p/ | Jan | 1,735 | 1,735 | 1,557 | 1,557 | 5.6 | 5.6 | 5.4 | 5.4 | |||||||
| Feb | 1,768 | 3,503 | 1,587 | 3,144 | 6.0 | 5.8 | 5.8 | 5.6 | ||||||||
| Mar | 1,892 | 5,395 | 1,698 | 4,842 | 5.3 | 5.6 | 5.0 | 5.4 | ||||||||
| Apr | 1,892 | 7,287 | 1,701 | 6,543 | 5.5 | 5.6 | 5.3 | 5.4 | ||||||||
| p/ Preliminary | ||||||||||||||||
| * Remittances coursed through banks | ||||||||||||||||
| n.a. Not available | ||||||||||||||||
| Note: Personal remittances is computed as the sum of net compensation of employees (i.e., gross earnings of overseas Filipino (OF) workers | ||||||||||||||||
| with work contracts of less than one year, including all sea-based workers, less taxes, social contributions, and transportation and travel | ||||||||||||||||
| expenditures in their host countries), personal transfers (i.e., all current transfers in cash or in kind by OF workers with work contracts of one | ||||||||||||||||
| year or more as well as other household-to-household transfers between Filipinos who have migrated abroad and their families in the Philippines) | ||||||||||||||||
| and capital transfers between households (i.e., transfer of fixed assets and financial assets that arise from the migration of individuals from | ||||||||||||||||
| one economy to another). | ||||||||||||||||