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| Overseas Filipino (OF) Remittances |
|
| levels in
million US dollars and growth rates in percent; for periods indicated |
|
| |
|
|
|
|
Levels |
|
Percent Change |
|
|
|
|
Personal
Remittances* |
|
Cash
Remittances** |
|
Personal
Remittances* |
|
Cash
Remittances** |
| |
|
|
|
|
Monthly |
Cumulative |
Monthly,
Seasonally Adjusted*** |
Cumulative,
Seasonally Adjusted |
|
Monthly |
Cumulative |
|
Monthly |
Cumulative |
MoM,
Seasonally Adjusted |
|
Monthly |
Cumulative |
|
| 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
January |
|
2,966 |
2,966 |
2,958 |
2,958 |
|
2,668 |
2,668 |
|
2.5 |
2.5 |
4.1 |
|
2.5 |
2.5 |
|
|
|
|
February |
|
2,793 |
5,759 |
2,988 |
5,945 |
|
2,509 |
5,177 |
|
1.2 |
1.9 |
1.0 |
|
1.3 |
1.9 |
|
|
|
|
March |
|
2,888 |
8,646 |
2,988 |
8,933 |
|
2,594 |
7,771 |
|
3.1 |
2.3 |
0.0 |
|
3.2 |
2.4 |
|
|
|
|
April |
|
2,671 |
11,317 |
2,986 |
11,919 |
|
2,395 |
10,167 |
|
3.8 |
2.6 |
-0.1 |
|
3.9 |
2.7 |
|
|
|
|
May |
|
2,705 |
14,022 |
3,000 |
14,918 |
|
2,425 |
12,592 |
|
2.0 |
2.5 |
0.5 |
|
1.8 |
2.5 |
|
|
|
|
June |
|
3,064 |
17,086 |
3,027 |
17,946 |
|
2,755 |
15,347 |
|
4.4 |
2.8 |
0.9 |
|
4.4 |
2.9 |
|
|
|
|
July |
|
3,240 |
20,326 |
3,010 |
20,956 |
|
2,917 |
18,264 |
|
2.3 |
2.7 |
-0.6 |
|
2.3 |
2.8 |
|
|
|
|
August |
|
3,017 |
23,343 |
3,027 |
23,982 |
|
2,721 |
20,985 |
|
4.4 |
3.0 |
0.5 |
|
4.3 |
3.0 |
|
|
|
|
September |
|
3,148 |
26,491 |
3,032 |
27,015 |
|
2,840 |
23,825 |
|
4.0 |
3.1 |
0.2 |
|
3.8 |
3.1 |
|
|
|
|
October |
|
3,227 |
29,718 |
3,034 |
30,049 |
|
2,911 |
26,736 |
|
3.5 |
3.1 |
0.1 |
|
3.5 |
3.1 |
|
|
|
|
November |
|
2,931 |
32,649 |
3,056 |
33,105 |
|
2,644 |
29,380 |
|
5.8 |
3.4 |
0.7 |
|
5.7 |
3.3 |
|
|
|
|
December |
|
3,487 |
36,136 |
3,029 |
36,134 |
|
3,159 |
32,539 |
|
5.7 |
3.6 |
-0.9 |
|
5.8 |
3.6 |
|
| 2023 |
|
|
|
|
|
|
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|
|
|
|
|
|
|
January |
|
3,071 |
3,071 |
3,063 |
3,063 |
|
2,762 |
2,762 |
|
3.5 |
3.5 |
1.1 |
|
3.5 |
3.5 |
|
|
|
|
February |
|
2,860 |
5,931 |
3,057 |
6,121 |
|
2,569 |
5,331 |
|
2.4 |
3.0 |
-0.2 |
|
2.4 |
3.0 |
|
|
|
|
March |
|
2,973 |
8,905 |
3,075 |
9,196 |
|
2,671 |
8,002 |
|
3.0 |
3.0 |
0.6 |
|
3.0 |
3.0 |
|
|
|
|
April |
|
2,773 |
11,677 |
3,086 |
12,282 |
|
2,485 |
10,487 |
|
3.8 |
3.2 |
0.4 |
|
3.7 |
3.2 |
|
|
|
|
May |
|
2,782 |
14,459 |
3,075 |
15,357 |
|
2,494 |
12,981 |
|
2.9 |
3.1 |
-0.3 |
|
2.8 |
3.1 |
|
|
|
|
June |
|
3,131 |
17,590 |
3,096 |
18,453 |
|
2,812 |
15,793 |
|
2.2 |
3.0 |
0.7 |
|
2.1 |
2.9 |
|
|
|
|
July |
|
3,321 |
20,911 |
3,091 |
21,544 |
|
2,992 |
18,785 |
|
2.5 |
2.9 |
-0.2 |
|
2.6 |
2.9 |
|
|
|
|
August |
|
3,102 |
24,013 |
3,110 |
24,653 |
|
2,796 |
21,581 |
|
2.8 |
2.9 |
0.6 |
|
2.7 |
2.8 |
|
|
|
|
September |
|
3,229 |
27,242 |
3,113 |
27,767 |
|
2,913 |
24,494 |
|
2.6 |
2.8 |
0.1 |
|
2.6 |
2.8 |
|
|
|
|
October |
|
3,327 |
30,569 |
3,137 |
30,904 |
|
2,998 |
27,492 |
|
3.1 |
2.9 |
0.8 |
|
3.0 |
2.8 |
|
|
|
|
November |
|
3,017 |
33,585 |
3,141 |
34,045 |
|
2,719 |
30,211 |
|
2.9 |
2.9 |
0.1 |
|
2.8 |
2.8 |
|
|
|
|
December |
|
3,625 |
37,210 |
3,164 |
37,209 |
|
3,280 |
33,491 |
|
3.9 |
3.0 |
0.7 |
|
3.8 |
2.9 |
|
| 2024p |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
January |
|
3,153 |
3,153 |
3,145 |
3,145 |
|
2,836 |
2,836 |
|
2.7 |
2.7 |
-0.6 |
|
2.7 |
2.7 |
|
|
|
|
February |
|
2,946 |
6,100 |
3,146 |
6,291 |
|
2,646 |
5,481 |
|
3.0 |
2.8 |
0.0 |
|
3.0 |
2.8 |
|
|
|
|
March |
|
3,051 |
9,151 |
3,153 |
9,445 |
|
2,738 |
8,219 |
|
2.6 |
2.8 |
0.2 |
|
2.5 |
2.7 |
|
|
|
|
April |
|
2,859 |
12,010 |
3,170 |
12,614 |
|
2,562 |
10,782 |
|
3.1 |
2.8 |
0.5 |
|
3.1 |
2.8 |
|
|
|
|
May |
|
2,884 |
14,894 |
3,178 |
15,793 |
|
2,583 |
13,365 |
|
3.7 |
3.0 |
0.3 |
|
3.6 |
3.0 |
|
|
|
|
June |
|
3,210 |
18,105 |
3,176 |
18,969 |
|
2,882 |
16,247 |
|
2.5 |
2.9 |
-0.1 |
|
2.5 |
2.9 |
|
|
|
|
July |
|
3,428 |
21,532 |
3,200 |
22,169 |
|
3,085 |
19,332 |
|
3.2 |
3.0 |
0.7 |
|
3.1 |
2.9 |
|
|
|
|
August |
|
3,204 |
24,736 |
3,210 |
25,379 |
|
2,885 |
22,217 |
|
3.3 |
3.0 |
0.3 |
|
3.2 |
2.9 |
|
|
|
|
September |
|
3,336 |
28,072 |
3,221 |
28,599 |
|
3,009 |
25,226 |
|
3.3 |
3.0 |
0.3 |
|
3.3 |
3.0 |
|
|
|
|
October |
|
3,415 |
31,487 |
3,229 |
31,828 |
|
3,079 |
28,304 |
|
2.7 |
3.0 |
0.3 |
|
2.7 |
3.0 |
|
|
|
|
November |
|
3,121 |
34,608 |
3,242 |
35,070 |
|
2,808 |
31,113 |
|
3.5 |
3.0 |
0.4 |
|
3.3 |
3.0 |
|
|
|
|
December |
|
3,733 |
38,341 |
3,268 |
38,338 |
|
3,380 |
34,493 |
|
3.0 |
3.0 |
0.8 |
|
3.0 |
3.0 |
|
| 2025p |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
January |
|
3,243 |
3,243 |
3,235 |
3,235 |
|
2,918 |
2,918 |
|
2.9 |
2.9 |
-1.0 |
|
2.9 |
2.9 |
|
|
|
|
February |
|
3,024 |
6,267 |
3,226 |
6,461 |
|
2,716 |
5,633 |
|
2.6 |
2.7 |
-0.3 |
|
2.7 |
2.8 |
|
|
|
|
March |
|
3,130 |
9,397 |
3,233 |
9,694 |
|
2,810 |
8,444 |
|
2.6 |
2.7 |
0.2 |
|
2.6 |
2.7 |
|
|
|
|
April |
|
2,975 |
12,372 |
3,285 |
12,979 |
|
2,664 |
11,107 |
|
4.1 |
3.0 |
1.6 |
|
4.0 |
3.0 |
|
| * |
Personal
remittances cover cash sent through banks and informal channels as well as
remittances in kind. Personal
remittances are 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 dependents 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). |
|
| ** |
Cash
remittances refer to cash sent by land-based and sea-based workers through
the banking system. |
|
| *** |
Personal
remittances data from 2022 up to present were seasonally adjusted using the
X-13 AutoRegressive Integrated Moving Average Signal Extraction in ARIMA Time
Series method, commonly known as X-13ARIMA-SEATS, developed by the United
States (U.S.) Census Bureau. |
|
| . |
rounds off to
zero |
|
|
Details may
not add up to total due to rounding. |
|
| p |
preliminary |
- |
not available |
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-- |
undefined/indeterminate growth rate |
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