Remittances in Philippines increased to 2589236.30 USD Thousand in August from 2580711.40 USD Thousand in July of 2019. Remittances in Philippines averaged 1040176.69 USD Thousand from 1989 until 2019, reaching an all time high of 2849065.80 USD Thousand in December of 2018 and a record low of 64208 USD Thousand in February of 1989.

Remittances in Philippines is expected to be 2930000.00 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 268000.00 in 12 months time. In the long-term, the Philippines Remittances is projected to trend around 3080000.00 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 -2408791.47 -3393114.68 1144700.00 -4415446.66 USD Thousand [+]
Current Account 566.76 -190.19 1810.97 -1409.65 USD Million [+]
Current Account to GDP -2.40 -0.70 5.80 -7.70 percent [+]
Imports 8659699.29 9567483.76 10724291.25 37084.30 USD Thousand [+]
Exports 6250907.82 6174369.08 6308844.59 23000.00 USD Thousand [+]
External Debt 78959.57 73097.87 79949.42 20893.00 USD Million [+]
Capital Flows 6.85 4.86 93.66 -35.31 USD Million [+]
Remittances 2589236.30 2580711.40 2849065.80 64208.00 USD Thousand [+]
Tourist Arrivals 702843.00 719057.00 766865.00 63628.00 [+]
Gold Reserves 197.93 197.90 274.42 126.89 Tonnes [+]
Terrorism Index 7.18 7.13 7.27 5.78 [+]
Foreign Direct Investment 543.00 430.00 2256.00 -396.00 USD Million [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2589236.30 2580711.40 2849065.80 64208.00 1989 - 2019 USD Thousand Monthly
Current Prices, NSA




Country Last Previous
Brazil 289.60 Aug/19
France 72.00 Aug/19
India 14641.80 Jun/19
Indonesia 2898.41 Jun/19
Italy 125.52 Jun/19
Mexico 9402.60 Jun/19
Netherlands 37.90 Mar/19
Russia 474.00 Jun/19
Saudi Arabia 27616.00 Jun/19
Spain 3475.00 Mar/19
Turkey 15.00 Aug/19


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