| Overseas Filipinos' (OF) Remittances | ||||||||||||
| for the periods indicated | ||||||||||||
| Levels (in Million US Dollars) | Growth Rates Year-on-Year (%) | |||||||||||
| Personal Remittances | Cash Remittances* | Personal Remittances | Cash Remittances | |||||||||
| Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | |||||
| 2015 | Jan | 2,134 | 2,134 | 1,927 | 1,927 | 2.9 | 2.9 | 3.3 | 3.3 | |||
| Feb | 2,143 | 4,277 | 1,936 | 3,863 | 7.7 | 5.3 | 8.1 | 5.7 | ||||
| Mar | 2,644 | 6,920 | 2,394 | 6,257 | 15.7 | 9.0 | 16.1 | 9.4 | ||||
| Apr | 2,292 | 9,212 | 2,070 | 8,327 | 3.5 | 7.6 | 3.6 | 7.9 | ||||
| May | 2,287 | 11,500 | 2,068 | 10,395 | 5.3 | 7.1 | 5.5 | 7.4 | ||||
| Jun | 2,458 | 13,958 | 2,227 | 12,622 | 10.5 | 7.7 | 10.9 | 8.0 | ||||
| Jul | 2,490 | 16,447 | 2,253 | 14,874 | 5.9 | 7.4 | 6.0 | 7.7 | ||||
| Aug | 2,205 | 18,653 | 1,994 | 16,868 | (0.8) | 6.4 | (0.6) | 6.6 | ||||
| Sep | 2,469 | 21,122 | 2,234 | 19,103 | 1.3 | 5.8 | 1.3 | 6.0 | ||||
| Oct | 2,392 | 23,514 | 2,164 | 21,266 | (4.1) | 4.7 | (4.2) | 4.9 | ||||
| Nov | 2,068 | 25,582 | 1,871 | 23,137 | (6.2) | 3.7 | (6.2) | 3.9 | ||||
| Dec | 2,726 | 28,308 | 2,470 | 25,607 | 4.9 | 3.8 | 4.9 | 4.0 | ||||
| 2016 | Jan | 2,208 | 2,208 | 1,997 | 1,997 | 3.4 | 3.4 | 3.6 | 3.6 | |||
| Feb | 2,320 | 4,528 | 2,098 | 4,095 | 8.3 | 5.9 | 8.4 | 6.0 | ||||
| Mar | 2,606 | 7,134 | 2,362 | 6,457 | (1.4) | 3.1 | (1.4) | 3.2 | ||||
| Apr | 2,443 | 9,577 | 2,213 | 8,670 | 6.6 | 4.0 | 6.9 | 4.1 | ||||
| May | 2,416 | 11,993 | 2,188 | 10,859 | 5.7 | 4.3 | 5.8 | 4.5 | ||||
| Jun | 2,575 | 14,569 | 2,334 | 13,192 | 4.8 | 4.4 | 4.8 | 4.5 | ||||
| Jul | 2,355 | 16,923 | 2,131 | 15,323 | (5.4) | 2.9 | (5.4) | 3.0 | ||||
| Aug | 2,559 | 19,482 | 2,319 | 17,642 | 16.0 | 4.4 | 16.3 | 4.6 | ||||
| Sep | 2,626 | 22,108 | 2,383 | 20,025 | 6.3 | 4.7 | 6.7 | 4.8 | ||||
| Oct | 2,326 | 24,434 | 2,099 | 22,124 | (2.8) | 3.9 | (3.0) | 4.0 | ||||
| Nov | 2,448 | 26,883 | 2,217 | 24,341 | 18.4 | 5.1 | 18.5 | 5.2 | ||||
| Dec | 2,823 | 29,706 | 2,559 | 26,900 | 3.6 | 4.9 | 3.6 | 5.0 | ||||
| 2017 | Jan | 2,396 | 2,396 | 2,169 | 2,169 | 8.5 | 8.5 | 8.6 | 8.6 | |||
| Feb | 2,397 | 4,794 | 2,169 | 4,338 | 3.3 | 5.9 | 3.4 | 5.9 | ||||
| Mar | 2,915 | 7,709 | 2,615 | 6,953 | 11.8 | 8.1 | 10.7 | 7.7 | ||||
| Apr | 2,317 | 10,026 | 2,083 | 9,036 | (5.2) | 4.7 | (5.9) | 4.2 | ||||
| May | 2,588 | 12,613 | 2,310 | 11,346 | 7.1 | 5.2 | 5.5 | 4.5 | ||||
| Jun | 2,751 | 15,364 | 2,467 | 13,813 | 6.8 | 5.5 | 5.7 | 4.7 | ||||
| Jul | 2,559 | 17,923 | 2,283 | 16,095 | 8.7 | 5.9 | 7.1 | 5.0 | ||||
| Aug | 2,800 | 20,723 | 2,499 | 18,595 | 9.4 | 6.4 | 7.8 | 5.4 | ||||
| Sep | 2,442 | 23,164 | 2,186 | 20,781 | (7.0) | 4.8 | (8.3) | 3.8 | ||||
| Oct | 2,552 | 25,717 | 2,275 | 23,056 | 9.7 | 5.2 | 8.4 | 4.2 | ||||
| Nov | 2,526 | 28,242 | 2,262 | 25,318 | 3.2 | 5.1 | 2.0 | 4.0 | ||||
| Dec | 3,046 | 31,288 | 2,741 | 28,060 | 7.9 | 5.3 | 7.1 | 4.3 | ||||
| 2018 | Jan | 2,655 | 2,655 | 2,379 | 2,379 | 10.8 | 10.8 | 9.7 | 9.7 | |||
| Feb | 2,528 | 5,182 | 2,267 | 4,647 | 5.4 | 8.1 | 4.5 | 7.1 | ||||
| Mar | 2,627 | 7,809 | 2,360 | 7,006 | (9.9) | 1.3 | (9.8) | 0.8 | ||||
| Apr | 2,616 | 10,426 | 2,347 | 9,353 | 12.9 | 4.0 | 12.7 | 3.5 | ||||
| May | 2,746 | 13,172 | 2,469 | 11,822 | 6.1 | 4.4 | 6.9 | 4.2 | ||||
| Jun | 2,615 | 15,787 | 2,357 | 14,179 | (4.9) | 2.8 | (4.5) | 2.7 | ||||
| Jul | 2,675 | 18,462 | 2,401 | 16,580 | 4.5 | 3.0 | 5.2 | 3.0 | ||||
| Aug | 2,760 | 21,223 | 2,476 | 19,057 | (1.4) | 2.4 | (0.9) | 2.5 | ||||
| Sep | 2,490 | 23,713 | 2,237 | 21,294 | 2.0 | 2.4 | 2.3 | 2.5 | ||||
| Oct | 2,757 | 26,470 | 2,474 | 23,768 | 8.0 | 2.9 | 8.7 | 3.1 | ||||
| Nov | 2,586 | 29,057 | 2,326 | 26,094 | 2.4 | 2.9 | 2.8 | 3.1 | ||||
| Dec | 3,157 | 32,213 | 2,849 | 28,943 | 3.6 | 3.0 | 3.9 | 3.1 | ||||
| 2019 | Jan | 2,745 | 2,745 | 2,484 | 2,484 | 3.4 | 3.4 | 4.4 | 4.4 | |||
| Feb | 2,557 | 5,302 | 2,301 | 4,784 | 1.2 | 2.3 | 1.5 | 3.0 | ||||
| Mar | 2,796 | 8,098 | 2,514 | 7,299 | 6.4 | 3.7 | 6.6 | 4.2 | ||||
| Apr | 2,713 | 10,811 | 2,441 | 9,739 | 3.7 | 3.7 | 4.0 | 4.1 | ||||
| May | 2,896 | 13,707 | 2,609 | 12,349 | 5.5 | 4.1 | 5.7 | 4.5 | ||||
| Jun | 2,545 | 16,252 | 2,290 | 14,638 | (2.7) | 2.9 | (2.9) | 3.2 | ||||
| Jul | 2,867 | 19,119 | 2,581 | 17,219 | 7.2 | 3.6 | 7.5 | 3.9 | ||||
| Aug | 2,875 | 21,995 | 2,589 | 19,808 | 4.2 | 3.6 | 4.6 | 3.9 | ||||
| Sep | 2,648 | 24,643 | 2,379 | 22,187 | 6.3 | 3.9 | 6.3 | 4.2 | ||||
| Oct | 2,969 | 27,612 | 2,671 | 24,858 | 7.7 | 4.3 | 8.0 | 4.6 | ||||
| Nov | 2,639 | 30,252 | 2,372 | 27,231 | 2.0 | 4.1 | 2.0 | 4.4 | ||||
| Dec | 3,216 | 33,467 | 2,902 | 30,133 | 1.9 | 3.9 | 1.9 | 4.1 | ||||
| 2020 p | Jan | 2,944 | 2,944 | 2,648 | 2,648 | 7.3 | 7.3 | 6.6 | 6.6 | |||
| Feb | 2,623 | 5,566 | 2,358 | 5,006 | 2.6 | 5.0 | 2.5 | 4.6 | ||||
| Mar | 2,652 | 8,218 | 2,397 | 7,403 | (5.2) | 1.5 | (4.7) | 1.4 | ||||
| Apr | 2,276 | 10,494 | 2,046 | 9,448 | (16.1) | (2.9) | (16.2) | (3.0) | ||||
| May | 2,341 | 12,835 | 2,106 | 11,554 | (19.2) | (6.4) | (19.3) | (6.4) | ||||
| Jun | 2,737 | 15,573 | 2,465 | 14,019 | 7.6 | (4.2) | 7.7 | (4.2) | ||||
| Jul | 3,085 | 18,658 | 2,783 | 16,802 | 7.6 | (2.4) | 7.8 | (2.4) | ||||
| Aug | 2,756 | 21,414 | 2,483 | 19,285 | (4.2) | (2.6) | (4.1) | (2.6) | ||||
| Sep | 2,888 | 24,302 | 2,601 | 21,886 | 9.1 | (1.4) | 9.3 | (1.4) | ||||
| Oct | 3,044 | 27,346 | 2,747 | 24,633 | 2.5 | (1.0) | 2.9 | (0.9) | ||||
| Nov | 2,643 | 29,988 | 2,379 | 27,013 | 0.1 | (0.9) | 0.3 | (0.8) | ||||
| Dec | 3,205 | 33,194 | 2,890 | 29,903 | (0.3) | (0.8) | (0.4) | (0.8) | ||||
| 2021 p | Jan | 2,895 | 2,895 | 2,603 | 2,603 | (1.7) | (1.7) | (1.7) | (1.7) | |||
| Feb | 2,759 | 5,653 | 2,476 | 5,078 | 5.2 | 1.6 | 5.0 | 1.4 | ||||
| Mar | 2,801 | 8,454 | 2,514 | 7,593 | 5.6 | 2.9 | 4.9 | 2.6 | ||||
| Apr | 2,574 | 11,028 | 2,305 | 9,898 | 13.1 | 5.1 | 12.7 | 4.8 | ||||
| p Preliminary | ||||||||||||
| * Remittances coursed through banks by land-based and sea-based workers | ||||||||||||
| Details may not add up to total due to rounding. | ||||||||||||
| 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., the provision of resources for capital formation purposes, such as for construction of residential | ||||||||||||
| houses, between resident and non-resident households without anything of economic value being supplied in return). | ||||||||||||