Remittances, annual growth rate in Philippines

Philippines: Remittances, annual growth rate was -2.21 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-2.21 % change on previous year
Change on year
up 10.7%
World rank
105th
of 189 countries
All-time high
40.27 % change on previous year
in 1997
All-time low
-32.49 % change on previous year
in 1984
Years of data
48
1978–2025

Remittances, annual growth rate in Philippines, 1978–2025

-40-2002040197820012025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, remittances, annual growth rate in Philippines stood at -2.21 % change on previous year.

The figure is up 10.7% on the previous year and down 366.9% over ten years.

Over the whole period, remittances, annual growth rate in Philippines peaked at 40.27 % change on previous year in 1997 and was at its lowest, -32.49 % change on previous year, in 1984.

Philippines ranks 105th of 189 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Philippines, year by year

Annual values for Remittances, annual growth rate in Philippines, 1978 to 2025.
Year % change on previous year Change
1978 13.8 % change on previous year —
1979 2.88 % change on previous year -79.2%
1980 -4.61 % change on previous year -260.4%
1981 16.27 % change on previous year -452.9%
1982 25.82 % change on previous year +58.7%
1983 19.77 % change on previous year -23.4%
1984 -32.49 % change on previous year -264.4%
1985 14.72 % change on previous year -145.3%
1986 9.89 % change on previous year -32.9%
1987 6.54 % change on previous year -33.8%
1988 8.36 % change on previous year +27.7%
1989 -4 % change on previous year -147.9%
1990 3.31 % change on previous year -182.8%
1991 23.17 % change on previous year +599.0%
1992 17.58 % change on previous year -24.1%
1993 -0.7216 % change on previous year -104.1%
1994 13.15 % change on previous year -1922.3%
1995 34.2 % change on previous year +160.1%
1996 -18.66 % change on previous year -154.6%
1997 40.27 % change on previous year -315.8%
1998 -4.68 % change on previous year -111.6%
1999 13.48 % change on previous year -388.1%
2000 5.89 % change on previous year -56.3%
2001 34.13 % change on previous year +479.7%
2002 4.03 % change on previous year -88.2%
2003 1.88 % change on previous year -53.4%
2004 2.61 % change on previous year +39.3%
2005 5.9 % change on previous year +125.8%
2006 -5.04 % change on previous year -185.4%
2007 -13.19 % change on previous year +161.5%
2008 -1.51 % change on previous year -88.5%
2009 9.28 % change on previous year -714.4%
2010 -8.79 % change on previous year -194.7%
2011 -4.86 % change on previous year -44.7%
2012 -4.54 % change on previous year -6.5%
2013 0.1565 % change on previous year -103.4%
2014 2.49 % change on previous year +1488.9%
2015 0.8264 % change on previous year -66.8%
2016 0.5101 % change on previous year -38.3%
2017 2.2 % change on previous year +330.3%
2018 -2.41 % change on previous year -209.8%
2019 -4.26 % change on previous year +76.7%
2020 3.32 % change on previous year -178.1%
2021 -3.46 % change on previous year -204.2%
2022 1.08 % change on previous year -131.3%
2023 -4.93 % change on previous year -555.4%
2024 -2.47 % change on previous year -50.0%
2025 -2.21 % change on previous year -10.7%

Philippines compared with similar countries

  • Philippines's -2.21 % change on previous year is above the median for upper middle income countries, which is -3.05 % change on previous year, 72% of the median. (54 countries reporting)
  • Philippines's -2.21 % change on previous year is above the median for East Asia & Pacific, which is -2.48 % change on previous year, 89% of the median. (30 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 +1922.3% -0.7216 % change on previous year 13.15 % change on previous year
2014 +1488.9% 0.1565 % change on previous year 2.49 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.34 % change on previous year 2.88 % change on previous year 13.8 % change on previous year 2
1980s 6.03 % change on previous year -32.49 % change on previous year 25.82 % change on previous year 10
1990s 12.11 % change on previous year -18.66 % change on previous year 40.27 % change on previous year 10
2000s 4.4 % change on previous year -13.19 % change on previous year 34.13 % change on previous year 10
2010s -1.87 % change on previous year -8.79 % change on previous year 2.49 % change on previous year 10
2020s -1.44 % change on previous year -4.93 % change on previous year 3.32 % change on previous year 6

Countries ranked near Philippines

  1. 102 Belize -1.88 % change on previous year compare
  2. 103 Spain -1.94 % change on previous year compare
  3. 104 France -2.18 % change on previous year compare
  4. 106 Rwanda -2.21 % change on previous year compare
  5. 107 Belgium -2.34 % change on previous year compare
  6. 108 Latvia -2.39 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is remittances, annual growth rate in Philippines?
Remittances, annual growth rate in Philippines was -2.21 % change on previous year in 2025, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Philippines?
The highest recorded value was 40.27 % change on previous year in 1997.
What is the lowest remittances, annual growth rate recorded in Philippines?
The lowest recorded value was -32.49 % change on previous year in 1984.
How does Philippines rank for remittances, annual growth rate?
Philippines ranks 105th out of 189 countries with data for 2025.
Is remittances, annual growth rate rising or falling in Philippines?
Over the last ten years it is down 366.9%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.

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Remittances, annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/philippines/

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<a href="https://reference.statizoid.com/stat/remittances-annual-growth-rate/philippines/">Remittances, annual growth rate in Philippines</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.