Remittances in Philippines decreased to 2237000 USD Thousand in September from 2476000 USD Thousand in August of 2018. Remittances in Philippines averaged 995314.47 USD Thousand from 1989 until 2018, reaching an all time high of 2741425 USD Thousand in December of 2017 and a record low of 64208 USD Thousand in February of 1989.

Remittances in Philippines is expected to be 2480000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Philippines to stand at 2650000.00 in 12 months time. In the long-term, the Philippines Remittances is projected to trend around 2900000.00 USD Thousand in 2020, according to our econometric models.

Philippines Remittances
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Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -4212000.00 -3723000.00 1144700.00 -4212000.00 USD Thousand [+]
Exports 6108053.63 6031171.49 6183354.44 23000.00 USD Thousand [+]
Imports 10320011.78 9753919.41 10320011.78 37084.30 USD Thousand [+]
Current Account -823.78 -1171.01 1810.97 -1455.03 USD Million [+]
Current Account to GDP -0.80 -0.40 5.80 -7.70 percent [+]
External Debt 73097.87 76621.97 79949.42 20893.00 USD Million [+]
Capital Flows 0.86 -1.71 93.66 -35.31 USD Million [+]
Remittances 2237000.00 2476000.00 2741425.00 64208.00 USD Thousand [+]
Tourist Arrivals 512240.00 542250.00 732506.00 63628.00 [+]
Gold Reserves 197.90 196.40 274.42 126.89 Tonnes [+]
Terrorism Index 7.13 7.10 7.27 5.78 [+]
Foreign Direct Investment 570.00 750.00 2256.00 -396.00 USD Million [+]
Crude Oil Production 13.00 13.00 38.00 1.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Philippines Remittances

In the Philippines, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Philippines Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Remittances - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2237000.00 2476000.00 2741425.00 64208.00 1989 - 2018 USD Thousand Monthly
Current Prices, NSA




Country Last Previous
Brazil 207.00 Sep/18
France 43.00 Oct/18
Germany -1286.00 Jun/18
India 14468.42 Sep/18
Indonesia 2711.00 Sep/18
Italy 141.61 Jun/18
Mexico 8432.03 Sep/18
Netherlands 38.10 Jun/18
Russia 408.00 Jun/18
Saudi Arabia 32128.00 Jun/18
Spain 3347.00 Jun/18
Turkey 32.00 Sep/18


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