Value of personal remittances received in the Philippines 2014-2023
A remittance is a non-commercial transfer of money by a nonresident worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country. Workers’ remittances are a significant part of international capital flows, especially regarding labor-exporting countries.
Find more statistics on other topics about the Philippines with key insights such as total reserves, share of value added by the manufacturing industry to the gross domestic product, and gross savings.