5 SECONDARY INCOME
for periods indicated
in million U.S. dollars
	2023 p													Q1	Q2	Q3		Q4			Growth (%)		Jan-Dec			Growth (%)
	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec						2022 r	2023 p		2023 p		2022 r	2023 p		2023 p
Secondary Income	2,583	2,417	2,378	2,286	2,317	2,692	2,833	2,573	2,692	2,745	2,494	3,036		7,378	7,295	8,098		8,169	8,275		1.3		30,596	31,046		1.5
Receipts	2,648	2,494	2,513	2,347	2,430	2,765	2,919	2,668	2,776	2,846	2,580	3,154		7,654	7,542	8,363		8,346	8,579		2.8		31,378	32,138		2.4
Payments	65	77	134	61	113	74	86	95	84	101	85	118		276	248	264		177	304		71.7		781	1,092		39.8
General government	42	40	38	34	40	38	48	41	44	46	53	54		120	112	133		149	153		2.5		550	518		-5.7
Receipts	46	44	42	38	44	42	52	45	48	47	54	54		132	124	145		149	154		3.4		590	555		-5.9
Payments	4	4	4	4	4	4	4	4	3	.	1	.		12	12	11		0	1		--		41	37		-8.1
Financial corporations, nonfinancial
corporations, households, and NPISHs	2,541	2,377	2,340	2,252	2,277	2,654	2,785	2,532	2,648	2,698	2,441	2,982		7,258	7,183	7,965		8,019	8,122		1.3		30,047	30,528		1.6
Receipts	2,602	2,450	2,471	2,309	2,386	2,723	2,867	2,623	2,728	2,799	2,526	3,099		7,522	7,418	8,218		8,196	8,424		2.8		30,788	31,583		2.6
Payments	61	73	130	57	109	69	82	91	81	101	85	118		264	235	253		177	303		70.9		741	1,055		42.4
Personal Transfers	2,440	2,307	2,334	2,175	2,230	2,556	2,703	2,445	2,575	2,672	2,382	2,897		7,081	6,961	7,723		7,728	7,951		2.9		28,873	29,716		2.9
Receipts	2,450	2,317	2,344	2,181	2,237	2,563	2,711	2,454	2,580	2,677	2,389	2,905		7,111	6,980	7,745		7,751	7,971		2.8		28,982	29,807		2.8
Payments	10	10	10	6	7	6	8	8	6	6	7	8		30	19	22		24	20		-16.7		109	91		-16.2
Of which: Workers' remittances	2,372	2,235	2,265	2,101	2,155	2,482	2,634	2,382	2,508	2,602	2,319	2,835		6,872	6,738	7,524		7,510	7,756		3.3		28,030	28,889		3.1
Receipts	2,372	2,235	2,265	2,101	2,155	2,482	2,634	2,382	2,508	2,602	2,319	2,835		6,872	6,738	7,524		7,510	7,756		3.3		28,030	28,889		3.1
Payments	0	0	0	0	0	0	0	0	0	0	0	0		0	0	0		0	0		--		0	0		--
Other current transfers	101	70	7	78	47	97	82	87	73	27	59	84		177	222	242		292	170		-41.7		1,174	812		-30.9
Receipts	152	133	127	129	149	160	156	169	148	122	137	194		411	438	473		445	453		1.8		1,806	1,775		-1.7
Payments	51	63	120	51	102	63	74	82	75	95	78	110		234	216	231		153	283		84.5		632	964		52.6
Details may not add up to total due to rounding.
p Preliminary
r Revised to reflect data updates from the Organisation for Economic Co-operation and Development (OECD) data on grants to the Philippines and other official data sources, and post-audit adjustments
. Rounds off to zero
-- Undefined/Indeterminate Growth Rate